The 2-Minute Rule for Maritime law Cyprus
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relating to stated companies, the MAR imposes added disclosure obligations to persons discharging corporate administration responsibilities to serve notification to their company and CySEC no afterwards than a particular time period.
An EGM can be convened from the board of administrators or requisitioned by shareholders Keeping at least 10% on the paid-up share funds which maintain voting legal rights.
shareholders could now participate and vote within the once-a-year common Assembly ("AGM") electronically as an alternative to being forced to do so physically or through the usage of a nominee;
El almacenamiento o acceso técnico es necesario para la finalidad legítima de almacenar preferencias no solicitadas por el abonado o usuario.
By Making the most of these treaties, organizations can reduce their Commercial law Cyprus tax liabilities and enhance their cross-border transactions.
She acquired important practical experience schooling and dealing in many configurations before creating A personal apply in Limassol. To at the present time she maintains her non-public follow to undertake the essential perform of examining, diagnosing, and dealing with mental, psychological, and behavioural Conditions in both of those little ones and adults.
typically, Cyprus law allows for typical and constrained partnerships, but given that October 2015 the legislation delivers for partnerships limited by shares.
conditions and terms of work, which include for posted staff as described by law or decree health-related examinations, termination of contracts, redundancies and collective redundancies – stipulations of work for Seafarers
Our maritime Lawyers offer guidance on maritime insurance policies matters, such as hull and equipment, protection and indemnity, and cargo insurance. We also symbolize consumers in insurance plan disputes, defending their interests and maximizing recovery.
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Arrest proceedings and maritime statements (in rem As well as in personam proceedings) must be brought before the Supreme Court of Cyprus, in its admiralty jurisdiction. This court docket has distinctive jurisdiction over such concerns or promises as defined via the Act.
As described in The solution to problem two.one, the Encouragement of lengthy-expression Shareholder Engagement legislation strengthens the prevailing legal framework in Cyprus governing remuneration reports through the introduction of the binding shareholder vote on remuneration policy and a requirement for Improved disclosure in the remuneration report. especially:
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