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Introduction The appointment of a Chairman to preside over a Shareholders’ Meeting is usually a straight-forward affair. The Chairman’s role is, in general, to maintain peace and order during the meeting, ensure that the proper procedures are being followed and the matters discussed remain within the defined agenda for
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The law firm of G. Vrikis & Associates LLC would like to inform you that in accordance with the Decree issued by the Council of Ministers regarding the imposition of a fee for the issuance of a tax ruling in late April 2016, the Tax Authorities have now announced further details in relation to the […]
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Introduction A usual occurrence for practicing corporate lawyers, as well as persons involved in the day-to-day running of companies and corporations, is an enquiry from shareholders to the effect whether they can propose the appointment of directors which they think best to act as such.
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In mid-2015, the Wills and Succession Law, Cap. 195, was amended in Cyprus, with the amendments having a particular impact mainly on British persons and other Commonwealth-country individuals who have immovable property in the Republic of Cyprus as the “forced heirship” rule exemption is now abolished.
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CySEC’s Chairman has hinted that CySEC is considering to amend its regulations to force Cyprus Investment Firms (“CIFs”) to have their call-centers based in Cyprus, a fact which would enable CySEC to, amongst others, provide actual oversight of how the marketing is performed,
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