Purchasing and selling loans in Cyprus
Cyprus has enacted legislation which completes its framework regulating the purchase and sale, as well as the securitisation of credit facilities. This note covers the purchase and sale of credit faci...
Out of the shadows: risks of shadow directors for Cyprus companies
“He lurks in the shadows, sheltering behind others who, he claims, are the only directors of the company to the exclusion of himself. He is not held out as a director by the company.” This was Mil...
Competition damages Directive transposed into Cyprus law
Directive 2014/104/EU of the European Parliament and of the Council of 26 November 2014 on certain rules governing actions for damages under national law for infringements of the competition law prov...
Non-domiciled tax residence in Cyprus for individuals
Cyprus affords individuals who do not reside in another country for over 183 days in total annually, the opportunity to become non-domiciled tax residents in Cyprus. Becoming a tax resident in Cyprus ...
Joint Ventures under Cyprus Merger Control
A concentration of undertakings is deemed to be of major importance and meet the jurisdictional thresholds set out in the Control of Concentrations Between Undertakings Law 83(I) of 2014 (the Law) whe...