Latest from AGP & Co Insights - Page 2

As the coronavirus pandemic is currently affecting the economies of a number of countries all over the world, the Cypriot Government has decided to process the pending naturalisation applications via the Cyprus Investment Programme quicker in order to encourage foreign investments into the country and accordingly to increase liquidity into the market. The Cyprus Investment Programme requires 2 million euros if the investment is only for residential real estate, which from that particular amount at…
We are elated to announce that our firm has been ranked in and recommended by the Legal500 EMEA 2020 guide – for the 8th year in a row – in all four major areas of our legal practice. These particular rankings actually cover a firm’s performance over the duration of a year which also includes direct contact with the firm’s clients as well as other participants. The areas of expertise that we have been ranked…
Dear all, Following the current developments in relation to the rapid growth of COVID-19 in Cyprus, the recommendations of the Ministry of Health as well as the measures taken by the Government of the Republic of Cyprus on how to keep ourselves and staff safe, we would like to inform you that, our offices will be operating under normal office hours with some employees working in the office and some will be working from home…
Dear all, Following the current developments in relation to the rapid growth of COVID-19 in Cyprus, the recommendations of the Ministry of Health as well as the measures taken by the Government of the Republic of Cyprus on how to keep ourselves and staff safe, we would like to inform you that, our offices will be operating under normal office hours with some employees working in the office and some will be working from home…
In Cyprus, trusts are governed by a specific legal framework which constitutes a combination of English and Cyprus law, the Principles of Equity and Statute Law (the Trustees Law of Cyprus, Cap 193), which is modelled on the English Trustee Act 1925; and the Cyprus International Trusts Law (Law 69(I)/1992, as amended by Laws 20(I)/2012 and 98(I)/2013). The International Trusts Law is one of the world’s most attractive legal frameworks as it builds on the…
This particular guide of LexisNexis is about Dispute Resolution and it provides the reader with a broad scope as well as analysis of the current legislation as well as regulations that govern dispute resolutions practices around the globe with a focus on the Asian-Pacific region. It educates and makes you comprehend dispute resolution practices in not known jurisdictions through Q&A style chapters which can actually be easily compared with other jurisdictions. This is the sixth…
It is with great honour to announce that our firm has been awarded as the Cyprus Law Firm of the year in Litigation & Dispute Resolution at the European Legal Awards 2019 in Paris. The award was received by the firm’s Managing Partner, Mr Angelos G. Paphitis. The awards were held at the prestigious Hôtel Ritz on the 5th of December, where several law firms from Europe attended. The awarded law firms and lawyers covered the…
The Cyprus Registrar of Companies office announced the amendments of the Companies Law Cap. 113, regarding the administrative fines for the filing of the below application forms to the Registrar, with enforcement on the 18th of December 2019: allotment of shares (HE12); change of registered office (HE2); changes to the particulars contained in the company’s register of directors and secretaries (HE4); transfer of shares (HE57); and annual return (HE32) Penalties Failure to submit the necessary…
The Cyprus Investment Programme is ranked among the top 10 programmes in the world for global citizenship. It was established to attract foreign direct investment and encourage high-net-worth individuals to settle and conduct business in Cyprus, thereby boosting the nation’s economy. One of the key features of this programme is its investment policy, whereby non-EU citizens (including Russian, Ukrainian, Arab and Chinese citizens) can obtain Cypriot citizenship by making specific investments. This is one of…
The Cyprus Investment Programme is ranked among the top 10 programmes in the world for global citizenship. It was established to attract foreign direct investment and encourage high-net-worth individuals to settle and conduct business in Cyprus, thereby boosting the nation’s economy. One of the key features of this programme is its investment policy, whereby non-EU citizens (including Russian, Ukrainian, Arab and Chinese citizens) can obtain Cypriot citizenship by making specific investments. This is one of…