British Insurance Companies in Cyprus Post Brexit

British Insurance Companies in Cyprus Post Brexit

British Insurance Companies in Cyprus Post Brexit The Cyprus Government has published a draft legislation on the 15th of January 2020 whereby it tries to regulate the services offered by British Insurance Companies in Cyprus. The proposed law comes to regulate British...
Cyprus Annual Return HE32 for Companies

Cyprus Annual Return HE32 for Companies

Cyprus Annual Return HE32 for Companies Cyprus private companies limited by shares are required to prepare and submit to the registrar of companies an annual return HE32. The Cyprus annual return HE32 must be accompanied by: Audited Financial Statements (the “FS”)...
Co-Founders conflict Cyprus

Co-Founders conflict Cyprus

Co-Founders conflict Cyprus  Garry Tan I had reached a point where I couldn’t agree with my co-founder over the future of the company. Techcrunch.com  Noam Wasserman 65% of promising startups fail because of clashing co-founders. Harvard Business...
Cyprus Partnership Formation

Cyprus Partnership Formation

Although the majority of businesses in Cyprus aim to structure and carry on a business using a Cyprus private company limited by shares, in certain cases, examined below, it might be more appropriate to consider a the formation of a Cyprus Partnership. What is a...
Covenant to Restrain Trade in Cyprus

Covenant to Restrain Trade in Cyprus

Does a covenant to restrain trade in a Cyprus employment agreement provide sufficient protection to the employer? – and does it really prohibit an employee from performing his trade? The answer is: No protection is afforded – the employee can carry on a...
Cyprus Trade Name Formation

Cyprus Trade Name Formation

A Trade Name is a name under which a Cyprus business (of any legal status) may carry on a trade or provide services. A trade name in Cyprus does not enjoy any of the benefits of a Cyprus private company limited by shares however sole practitioners and business alike...