Shareholders’ excitement over a new joint venture can be overshadowed when issues concerning the available options for exit from the investment arise for discussion.

Cyprus company law was updated in 2015, but still provides no codification of directors’ duties. However, a recent bill submitted to Parliament for review makes directors accountable to the Tax Department for taxes due on company assets.

There are many reasons why Cyprus courts refrain from interfering in the internal affairs of limited liability companies. At the core of the courts’ approach lies

There are many reasons for which Cyprus courts refrain from interfering in the internal affairs of a limited liability company.

Intangible assets are steadily becoming the most valuable assets of an organisation, often accounting for over 60% of a company’s value.

Following Cyprus’ accession to OECD’s Common Reporting Standard on 29th October 2014, in an attempt to combat tax evasion and promote transparency