Share Rights in Cyprus – Share Redemption

Share Rights in Cyprus – Share Redemption

A share may be issued with several rights attached. Such as the right to vote, right to dividend, right to capital return and the right of redemption. However the right of redemption is slightly different than the other rights it can only be included in the share...
UAE removed from EU Black List

UAE removed from EU Black List

On the 5th of December 2017, the Council adopted the EU list of non-cooperative jurisdictions for tax purposes (EU Black list). It had committed to do so in its conclusions from 25 May 2016.  The European Council updated its list as of the 17th of October 2019 and...
Cyprus Company Formation

Cyprus Company Formation

A company is formed in Cyprus by way of law. The principal legal instrument giving such right is the Companies Law, Chapter 113 of the laws of the Republic of Cyprus, however the memorandum and articles play an equal important role in a Cyprus Company Formation. These...
Display of arrears in Building Complexes

Display of arrears in Building Complexes

A recent announcement by the department of data protection in Cyprus regarding the display of arrears in building complexes common areas sheds light on the practice followed in Cyprus and more importantly it’s legality. Immovable Property Law (Accession,...