Compliance of the municipalities – members of the Nicosia Development Agency (ANEL) with the European Data Protection Regulation (GDPR) The project is being undertaken by Michael Damianos & Co LLC…
Michael Damianos & Co LLC significant deal in 2019 The firm assisted Rybalkin, Gortsunyan & Partners in advising a member of AEON Corporation with respect to the acquisition of Fincraft…
CHANGES FOR SOCIETIES, INSTITUTIONS AND CLUBS The Societies and Institutions and Other Related Matters Law of 2017, as amended (the “Law”), replaced the existing legislation with respect to societies, institutions…
An amendment to the Cyprus Investment Programme has been recently made, as follows: The payment of the mandatory donations of at least €75.000 to (i) the Research and Innovation…
Announcement of the Ministry of Interior regarding the Cyprus Investment Programme On the 6th of May 2019 the Council of Ministers announced that it had decided that investors…
Introduction of a Central Register of Beneficial Ownership of Companies and other Legal Entities in Cyprus In May 2015, the European Parliament and the Council issued the 4th European Directive…
Amendments to Trademark Protection in Cyprus Cyprus will soon implement the relevant to trademarks ΕU Directive 2015/2436 (the “Directive”) through introducing amendments to the TradeMarks Law Cap. 268. The amendments…
Economic substance requirements for BVI companies The British Virgin Islands (BVI) has passed the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the “Act”), requiring companies and partnerships which are…
Amendments to the Cyprus Investment Programme for obtaining Cypriot citizenship The Cyprus Council of Ministers (on 13/02/2019) approved a proposal submitted by the Ministries of Finance and Interior in…
Cyprus Energy Publication by Michael Damianos Co& LLC-This article appeared in the seventh edition of Global Legal Insights-Group Ltd,London