Receivership in Cyprus

Key Legal Principles and Procedures Governing Receivership in Cyprus

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Receivership remains one of the most significant corporate recovery tools under Cyprus law. It allows secured creditors to enforce their rights efficiently while maintaining commercial stability during financial distress. This article outlines the key principles governing the appointment, powers, and duties of Receivers and Managers (“RMs”) under the Companies Law, Cap. 113, and relevant Cypriot and English case law, offering guidance to legal practitioners and business professionals alike

Inheritance Law in Cyprus

Guide to Fair Estate Planning

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Inheritance law in Cyprus, primarily governed by the Wills and Succession Law (Cap. 195), strikes a delicate balance between honoring the wishes of the deceased and safeguarding the rights of family members. This framework ensures that estates are divided fairly, reflecting both testamentary freedom and statutory protections. At its core, the law categorizes an estate into distinct portions, each with specific rules for distribution. Understanding these elements is essential for effective estate planning, as they influence how property is passed on, whether through a will or by operation of law. This article explores the key aspects of inheritance portions, spousal entitlements, relative succession, and the principle of contribution, providing a comprehensive overview for those navigating this complex area.

NIS2 Requirements in Cyprus

Navigating the Compliance Requirements and its Integration into National Law

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The NIS2 Directive was entered into force as of 16 January 2023 and as a revised version of the initial NIS Directive (2016) aims to further harmonise and set specific cyber security standards and obligations across the EU. In an ever digitally connected environment, cyber security has become one of the most significant components for the smooth and secure operation of the global markets whilst at the same time balancing the need for individuals to be able to interact in a digital environment that safeguards their rights and freedom.

Incorporating a Business in the United Kingdom: Key Advantages and Considerations

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The United Kingdom is recognised as a global hub for business incorporation, offering a combination of strategic location, supportive regulations, and attractive tax policies. This article outlines the main advantages of incorporating in the UK and explains why it continues to be a preferred destination for entrepreneurs and international businesses.

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