by HSharpe | Sep 18, 2019 | Cyprus Legal Tip of the Day
Cyprus Prospectus Law The Cyprus Prospectus Law transposed the equivalent EU Directive 2017/1129. The national law and the directive are similar to a large extend. The aim of both authorities is not to capture every issues. Paragraph 15 of the Prospectus Directive...
by HSharpe | Sep 1, 2019 | Cyprus AML, Cyprus Legal Tip of the Day
Tip 4.1 – Language of Documents CySEC’s Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing specifies the requirements for obliged entities (the ‘Directive’). One of those requirements is the language of documents...
by HSharpe | Aug 21, 2019 | Cyprus Legal Tip of the Day
Typically the corporate secretary of a Cyprus company is required to maintain the minute book of sole director decisions, such minute book would keep a record of all decisions taken or agreed upon by the sole director. With the introduction of single director...
by HSharpe | Aug 13, 2019 | Cyprus Legal Tip of the Day, Cyprus Tax
Article 33 of the Income Tax Law The Cyprus income tax law forbids related party transaction to carry out on preferential terms. Effectively disallowing any preferential treatment afforded due to the relation of the parties. The Cyprus Income Tax Law taxes any income...
by HSharpe | Aug 12, 2019 | Cyprus Legal Tip of the Day
Tip 1.1 – Cyprus Companies – When Doing Business in Cyprus in August expect severe delays When doing business in August expect severe Delays August is one of the two hottest months in Cyprus. Sun shines from the cloudless skies for almost 12 hours. At...
by HSharpe | Aug 11, 2019 | Cyprus Companies, Cyprus Legal Tip of the Day
In accordance with section of the Cyprus Companies Law, a document may be served to a Company by the document being left or by dispatching the document by mail to the registered office of the Company.
