by Harris Sharpe | 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 Harris Sharpe | 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 Harris Sharpe | 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 Harris Sharpe | Aug 14, 2019 | Cyprus Legal Tip of the Day, Cyprus Tax
Tip 3.1 – Cyprus Tax – Related Party Transactions to be at arm’s length in Cyprus Article 33 of the Income Tax Law The Cyprus income tax law forbids related party transaction to be carried out on preferential terms. Effectively disallowing any... 
by Harris Sharpe | 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 Harris Sharpe | 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.