Foreign Company operating in Cyprus

Foreign Company operating in Cyprus

Foreign Company operating in Cyprus When a foreign company is going to be operating in Cyprus it can do so by registering with the department of the registrar of companies and official receiver. In this article we will be considering the legal aspects regarding doing...
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...