Solsidus Law

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Requisition of an extraordinary general meeting

December 18 2017 Shareholders of a Cyprus company have the right to request that the directors convene an extraordinary general meeting (EGM), and the directors are…

Derivative actions - protection of minority shareholder rights revisited

March 7 2016 There are many reasons why Cyprus courts refrain from interfering in the internal affairs of limited liability companies. At the core of the courts'…

Structuring an exit from investment

April 17 2017 Shareholders' excitement over a new Joint Venture can be overshadowed when issues concerning the available options for exit from the investment arise…

Key considerations when reducing a company's share capital

November 9 2020 The Companies Law governs the reduction of share capital in Cypriot companies. The decision to reduce share capital rests with a company's…

Partnership limited by shares introduced

January 25 2016 Despite delays due to consultation between the competent authorities, the Cyprus partnership law has finally been amended by Law 144(I)/2015, which…

Register of beneficial owners: information available subject to request

February 1 2021 In a recent announcement by the Department of the Registrar of Companies and Official Receiver, the effective date for the commencement of data…

Corporate and commercial: trends and issues - Cyprus

December 14 2020 In 2020 the Cypriot corporate world was shaken up by various global events, including the COVID-19 pandemic; however, it has remained resilient…

Key considerations when reducing a company's share capital

November 9 2020 The Companies Law governs the reduction of share capital in Cypriot companies. The decision to reduce share capital rests with a company's…

Challenges when pursuing partial division of Cyprus company

September 28 2020 A reorganisation by partial division has many benefits, especially in an economy where corporate reorganisations may be the sole means of survival for…

Directors' duties in time of COVID-19

April 6 2020 Directors run state hospitals, private clinics, companies and businesses that will be affected by the government's decisions during the COVID-19…