Re-domiciliation

Moving Your Company to Cyprus: A Guide to Re-domiciliation

by Corporate

IntroductionRe-domiciliation is the process through which a company transfers its place of incorporation from one jurisdiction to another while maintaining its legal identity and adapting to the new jurisdiction’s legal framework. Consequently, the company ceases to exist under the laws of the original jurisdiction. Both the departing and receiving jurisdictions must authorise such a transfer. The Cyprus Companies Law (Cap 113) not only supports re-domiciliation but also provides a detailed framework for companies that wish to relocate their legal domicile to Cyprus, thereby offering them the opportunity to capitalize on the benefits of this business-friendly environment.

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Obligations of Cyprus Registered Companies: Essential Insights

by Corporate

IntroductionCyprus has long been recognized as a strategic location for international business due to its advantageous tax system, sophisticated business infrastructure, and membership in the European Union. However, registering a company in Cyprus comes with certain responsibilities and requirements that companies need to be aware of and adhere to. In this article, we will delve into the primary obligations of Cyprus Registered Companies and other critical considerations.

The Ins and Outs of Partnership Law in Cyprus: Understanding Your Rights and Obligations as a Partner

by CommercialCorporate

Introduction
In Cyprus, partnerships play a significant role in business ventures, with their creation, operation, and dissolution being regulated by the General and Limited Partnership and Business Names Law (the “Law”). Under this Law, a partnership is defined as a collaborative relationship between individuals who engage in business activities with the goal of making a profit. The minimum number of partners (may be corporate entities or natural persons) is two and the maximum number is 100 (if the partnership is conducting banking activities, then the maximum number of partners is 10). It is worth noting that, for legal purposes, a partnership is not considered a separate entity distinct from its partners……