Our Cyprus regulation Firm strives to acquire justice for its purchasers when adhering to the highest ethical and Qualified specifications and techniques.
By promoting equality and diversity while in the place of work, Cyprus fosters a harmonious and inclusive perform setting.
Appointing directors and shareholders is usually a significant facet of limited or public organization formation. administrators are responsible for running the working day-to-working day functions of the corporate and producing strategic conclusions, though shareholders will be the house owners of the business and possess the correct to obtain dividends and vote on important issues.
For ship-owning businesses, the revenue derived by the proprietor of a ship registered in the eu Union or European Economic space (EEA) (and also other overseas jurisdictions, topic to ailments) from its Procedure/constitution out are fully exempt from all direct taxes.
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What treatments are there with the defendant to stop domestic proceedings that breach a clause giving for a overseas court docket or arbitral tribunal to own jurisdiction?
No individual formalities are needed to make an arrest application. The claimant must have interaction a neighborhood lawyer who'll conform to undertake the situation. The documents supporting the assert could possibly be photocopies and have to be inside of a language that is definitely comprehended from the court docket, or else they should be translated into Greek, With all the translator swearing an affidavit that the interpretation is true and correct. Arrest applications could be dealt with inside of a make any difference of two to a few days.
more, a business may possibly take away any director by an ordinary resolution of members, according to part 178 of the Companies Law.
Our maritime Lawyers deliver assistance on maritime insurance coverage matters, together with hull and equipment, defense and indemnity, and cargo insurance plan. We also symbolize clients in insurance plan disputes, defending their interests and maximizing recovery.
We advise non-public and general public entities inside a broad array of sectors to comply with the GDPR and nationwide laws.
N. Pirilides & Associates LLC is really a premium, Cyprus-based legislation firm using a extensive historical past and proven name. we've been among the list of top Cyprus legislation firms, giving a wide variety of corporate, commercial and litigation services.
Also, minority shareholders have the appropriate to convey get more info a by-product motion, namely a personal motion in opposition to a director given that the consultant of the business, in occasions for instance fraud in opposition to the minority, carelessness, default, breach of obligation or breach of rely on.
A the latest amendment on the Courts of Justice legislation 1960 as amended, has conferred minimal admiralty jurisdiction on the different district courts in Cyprus to listen to particular admiralty steps matter for their referral by the Supreme courtroom.
area 131 of the Companies regulation safeguards the correct to demand a poll at typical conferences and offers that any provision in an organization's content of Affiliation purporting to limit it are invalid.