Cyprus law recognizes the concept of trust both under statute and in equity. Under this concept it is possible for someone to hold the legal title of a property for the benefit of a third party. So to take the example of shares in a private company. The registered owner of the shares may hold […]
A company is a legal person. As such it has what is called “perpetual succession”. In other words it never dies. The question offers arises how a company can be dissolved or be “killed”. In most common law jurisdictions there two methods: One is called “strike-off” and the other “liquidation”. We shall examine each in […]
The cost of registering a Cyprus company is the first question that potential clients ask…
Cyprus Offshore Company, the term recently substituted by Cyprus International Business Company, is a separate legal entity. The most commonly used form is private Limited Liability Company. Under this framework, there are many sub structures in which you might establish your company. Read on to learn which Cyprus company structure best fits your needs […]
Structuring a company in Cyprus is a breeze, and luckily for offshore business owners, an LLC can be registered from outside of the country, making the process even more manageable. Plus, Cyprus banks make it easy for international clients to set up accounts. With a ready-made shelf company, it takes only one day before you can start doing business. Otherwise, it typically takes anywhere from seven to 14 days to be registered.