gclawadm
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Shares vs. Stocks – What is the Difference?
The words shares and stocks are generally used interchangeably in day to day conversation, similarly to how ‘fall’ and ‘autumn’ both denote the season preceding winter. They are both interconnected with one another,… Read more
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GDPR – One Year Later
In today’s day and age, the term “GDPR” might just be one of the most popular terms in everyday use, particularly in many business settings, but not necessarily for… Read more
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Re-Domiciliations on the Rise in the BVI
Following the Economic Substance (Companies and Limited Partnerships) Act 2018 (the “Act”) coming into force on the 1st of January, 2019 in the British Virgin Islands (BVI), the requirements set… Read more
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Why is the new EU Copyright Directive so Controversial?
In 2016, the European Union (EU) proposed the first draft of what has grown to become a rather controversial Directive. This Directive has come to be known as the… Read more
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Newly Introduced Changes to the Cyprus Investment Programme
Following the 2012-13 financial crisis, Cyprus was left in economic shambles. The 2007-08 global financial crisis created massive cracks in the economy, to which the 2012-13 crisis dealt the… Read more
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Extension for submission of Ultimate Beneficial Owners (UBO) data
Based on the provisions 4 and 5 of the Directive Κ.Δ.Π. 112/2021 regarding the Ultimate Beneficial Owners (“UBO Registry“), every Cyprus Company is obliged to report the details of its Ultimate Beneficial Owner(s) with the UBO Registry. The Registrar of Companies announced that… Read more