Corporate compliance in Cyprus is a complex legal requirement for all Cypriot registered companies. A director is usually an employee as well as a officeholder and it is often prudent for the terms of employment to be set out clearly in a written service agreement or, where the director is an independent contractor, in a consultancy agreement. Appointment as a director should not be accepted without an understanding of the duties existing under the Companies Act, other legislation including tax and VAT implications.
Chetcuti Cauchi undertakes litigation arising from claims of breach of directors' duties or criminal / administrative cases against directors and company officers for tax and VAT obligations. Our company law team helps all companies and their officers to fulfil their statutory obligations under Cypriot company law in an efficient manner. Our lawyers make sure that all companies operate in accordance with the Cyprus Gaming Authority Regulations, and Cypriot tax and compliance. Besides, they provide advice to directors on their rights and obligations as officeholders in limited companies.
Corporate compliance in Cyprus is a complex legal requirement for all Cypriot registered companies. A director is usually an employee as well as a officeholder and it is often prudent for the terms of employment to be set out clearly in a written service agreement or, where the director is an independent contractor, in a consultancy agreement. Appointment as a director should not be accepted without an understanding of the duties existing under the Companies Act, other legislation including tax and VAT implications.
Chetcuti Cauchi undertakes litigation arising from claims of breach of directors' duties or criminal / administrative cases against directors and company officers for tax and VAT obligations. Our company law team helps all companies and their officers to fulfil their statutory obligations under Cypriot company law in an efficient manner. Our lawyers make sure that all companies operate in accordance with the Cyprus Gaming Authority Regulations, and Cypriot tax and compliance. Besides, they provide advice to directors on their rights and obligations as officeholders in limited companies.