A company’s memorandum of association contains inter alia an express power to borrow money for the purposes of its business and to give security for the loan by creating a mortgage ...
The main aim of the Directive was to adress labour market challenges triggered by rapid changes in the labour market by making working conditions more transparent and predictable ...
Amendments to the Sale of Property (Specific Performance) Law
The recent enactment of the Sale of Property (Specific Performance) Law Ν.81(Ι)/2011 introduces notable changes to ...
By way of amendmet of the Companies law, Cap 113, the Cyprus Parliament has transposed EU Directive as regards Cross Borders Converesions and Divisions into Cyprus law (the “Mobility ...
The council of Ministers of the Republic of Cyprus has approved amendments on the fast track residency program under Regulation 6(2) of the Civil Registry and Migration law and Regulations. ...
Beneficiaries of the CYPRUS DIGIGAL NOMAD VISA are third country nationals working remotely, either as self-employed persons or as employees of an overseas company.
IMPOSITION OF TAX In accordance with the tax laws of the Republic of Cyrus a company which is tax resident in the Republic of Cyprus, is subject to income tax on income accruing or ...
Although Cyprus has traditionally been a jurisdiction offering a competitive corporate income tax rate of 12.5%, in an attempt to attract the relocation of multinational companies ...
The announcement of the Council of Ministers of the new investment program which shall come into effect on the 1st of January 2022, sets a new pathway for Cyprus to evolve and establish ...
The amendments will not doubt encourage an influx of investors, taking into consideration flexible investment possibilities but also the fact that Cyprus offers access to the European ...
Re-domiciliation or corporate migration is the legal procedure pursuant to which a company may move its place of domicile from the country of its original incorporation to a new ...
In order for the court to issue an order for the appointment of an examiner, the following tests must be satisfied:
The company must be unable or likely to be unable to pay its debts.
No ...
Cyprus temporary residence permit, the so-called Pink Slip, allows Non-European Union passport holders to extend their stay in Cyprus for more than ninety days. Temporary Residence ...
Shareholders being stakeholders in a Cyprus, have a number of rights conferred upon them by the provisions of the Companies law, Cap 113, the Company’s Articles of Association as well ...
