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Pursuant to an Announcement issued by the Department of the Registrar of Companies and Official Receiver of the Republic of Cyprus on 08/01/2019, and on the basis of legal advice received by the office of the Attorney General of the Republic, the Registrar of Companies shall cease accepting for registration several categories of charges. Specifically,...
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  We would like to inform you that the Cyprus Securities and Exchange Commission (“CySEC“) has published an announcement reiterating the legal and regulatory framework applicable to Registered Alternative Investment Funds (“RAIFs“). This has been done in an effort on behalf of CySEC to rectify various announcements and publications made from various RAIFs which contained […]
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The Council of Ministers has exercised its discretion and has, as of the 18th December 2018, amended the Regulations governing the applicable fees of the Registrar of Companies, by the issuance of the new ΚΔΠ 364/2018.
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The Central Bank of Cyprus (“CBC”) issued a circular (Ref. BS 6020) on 02/11/2018, with the purpose of clarifying and further explaining the vague information and definitions about the so-called “shell companies” and entities in Cyprus and how licensed Financial Institutions should deal with them. This was highly needed as the original circular which was […]
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The Cyprus Parliament has passed on the 29th September 2017 an amendment to the relevant law, effectively extending the deadline for individuals and corporations and entities to file for any apply for the scheme of settlement of taxes which are in arrears.
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Global Legal Insights provides current and practical comparative legal information on a range of practice areas, prepared by prominent Law Firms around the world. We are proud to have contributed to this year’s guide to Commercial Real Estate,
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Partnership Law has a long-standing background in Cyprus, but it is worth noting that it has received a notable update in October 2015, by the amendments introduced to the General and Limited Partnership and Business Names Law (the “Law” by the amending Law 114(I)/2015.
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A. Introduction The ability of foreign entities to register a Branch in the Republic of Cyprus has been available for many years, and is covered by Section 347 of our Companies Law, Cap. 113 (hereinafter, the “Law”).   
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1. Law and Applicability Under Cyprus Law, stamp duty is governed by Stamp Duty Law (19/1963), as amended from time to time (the “Law”). The Stamp Duty Law, under Article.4 (1) therein, provides that the documents specifically named in its first schedule of the Law are subject to stamp duty if the documents:
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Introduction The right to attend, speak and debate within a shareholders’ meeting, whether extraordinary or annual, is governed by the provisions of Cyprus Companies Law, Cap. 113, in conjunction with the provisions of the company’s Articles of Association.
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