On 22 November 2022 the European Court of Justice ruled that making personal data available to third parties constitutes an interference with Article 7 of the Charter of Fundamental Rights

A significant update to the Companies Law, CAP. 113, has been passed by the House of Representatives in respect to companies’ submission of financial statements for review instead of audit. 

With the assistance of its associates can help clients to set up businesses in Cyprus and Cyprus International Business Companies.

The following services can be provided:

• Set-up of companies, trusts and other entities in Cyprus and other jurisdictions
• Administration of companies, trusts and other entities
• Nominee and trustee services
• Due diligence reports
• Supervision of transaction closure and advice on the terms of transactions
• Escrow Agency service

• Liaising with the relevant authorities during the examination process.
• Drafting of rental, purchase and other related contracts, if needed.
• Planning and cash flow management to limit the amount of actual investment required for passports.

Cyprus is an attractive destination for both business and recreation due to its low tax system. The high quality life and services, favorable tax regime and Mediterranean climate are a few of the many reasons why people come to visit Cyprus. For those wishing to invest in Cyprus, the Cyprus Investment Program allows certain investors to acquire Cypriot/EU citizenship or permanent residency rights.

Our immigration team handles citizenship applications, applications for immigration permits, permanent residence permits, employment permits and visas. We advise both individual and corporate clients.

The immigration services covers the following areas:

1. Visas and Permits
2. Permanent Residence Visas
3. Cyprus Citizenship

Our immigration services include:

• Assistance and guidance during the application preparation and submission.
• Liaising with the relevant authorities during the examination process.

Drafting of all relevant agreements (including purchase, rental and other related contracts), which are necessary …….. if needed.

Our corporate finance and business advisory services meet the fast growing needs. Our results-oriented approach offers our clients specific solutions to complex problems and we provide the assistance needed by our clients to implement them.

Our consultancy team work closely with our clients in order to provide a tailor fit outcome to each client where we to identify strategic opportunities, suggest practical, cost-effective steps to achieve competitive advantage. Advice can be provided in setting up the optimum capital structure as well as guidelines on expanding a business by suggesting strategies that take into consideration regulatory, tax rules and industry trends, providing the best outcome based on industry best acceptable practices.

Our Corporate Finance and Business Advisory services includes:

• Management consultancy.
• Advice on mergers, acquisitions and management buyouts.
• Business and project valuation services.
• Due diligence reports.
• Advice on capital restructuring and fund raising.
• Advice with respect to change of ownership and sale of business.
• Feasibility studies for specific projects and potential investment opportunities.

• Developing a growth strategy, incl. identification of investment opportunities and assessment of acquisitions;
• Synergies delivery and determination of integration approach;
• Improving cash flow and operating performance;
• Restructuring of the business and operating model;
• Divesting a business, or carving out non-core assets/business lines;
• Raising finance, incl. exploring refinancing options;
• Raising capital through IPOs or via alternative funding solutions; and
• Managing a business in stress/distress, by evaluating from financial restructuring to insolvency options.