Shareholders Agreement and Cyprus Companies
June 12, 2017
A Shareholders’ agreement (SHA) is a private contract between the members of the company containing, amongst others, the rules for running and o...
Cyprus adopts a new “Startup Visa” for third country nationals
June 12, 2017
On the 15th of February 2017, Cyprus adopted the “Startup Visa” (Startup Permit Scheme) for third country nationals interested in residing...
The Registration of Patents in Cyprus and Internationally
May 02, 2017
A patent is the legal instrument provided nationally, on a European level and/or internationally, for the protection of any manufacture used for, amon...
Cyprus passes law that ratifies the Hague Trust Convention
April 03, 2017
On the 24th of February 2017 Cyprus’ House of Representatives has ratified the Hague Trust Convention with Law N. 4(ΙΙΙ)/2017 rel...
Strike off vs. voluntary liquidation of a Cyprus company
March 09, 2017
The Cyprus Companies Law, Cap. 113 provides three methods for winding-up a Cyprus company:
• voluntary winding-up (either by the members or by t...
Cyprus further enhances its Citizenship by Investment program
September 26, 2016
We would like to take this opportunity to inform you of important amendments introduced to the Cypriot Citizenship by Investment (CBI) program on 16 S...
Savva & Associates launches office in Malta
March 12, 2015
Nicosia, CYPRUS - The partners of Savva & Associates are proud to announce their strategic affiliation with Chetcuti Cauchi Advocates, a leading full service law firm based in Malta.
Tax consciousness and trust in international tax planning: The substance of the matter
April 11, 2014
The international tax community is becoming increasingly aware of the global trend to combat tax evasion backed by the G20 as well as the EU and promoted by the OECD with a mandate of implementation.
Trademark protection: Lessons from Cadbury, Nestle and Steiff
March 10, 2014
The decision of the British Court of Appeal last October to refuse the registration of Cadbury’s trademark application for a specific shade of purple used on its chocolate products, received deservedly a lot of attention from intellectual property (IP) practitioners worldwide. On the basis of lack of certainty, the Court of Appeal caused even more uncertainty by disallowing the exclusive use of a shade of purple that has traditionally been Cadbury’s prerogative.
Cyprus International Trusts: Modernized and Reborn
October 30, 2013
Cyprus International Trusts (“CIT's”) have evolved considerably since 1992 when they were formally introduced in Cyprus legislation. The 1992 Law was not a self-contained law but it built on the 1955 Trustees Law, Cap.193 which is almost identical to the English Trustees Act of 1925.