A Cyprus company is can be liquidated in two ways: By voluntary and involuntary liquidation. Voluntary liquidation. Voluntary liquidation can take two forms: voluntary liquidation by shareholders or voluntary liquidation by creditors. This article examines the procedure for voluntary liquidation by shareholders i.e. where the shareholders of a company decide voluntarily to dissolve the company. […]
What are beneficial shareholders and how are they secured under Cyprus law?
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 […]
Cyprus company strike off.
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 […]
How Much Does it Cost to Register a Cyprus Company?
The cost of registering a Cyprus company is the first question that potential clients ask…
Four Most Popular Types Of Cyprus Companies
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 […]