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Introduction to Cyprus Companies Law & Practice

Introduction to Cyprus Companies Law & Practice

By: The European Legal Training Center

The seminar "Introduction to Cyprus Companies Law & Practice" is is an online seminar, funded by the HRDA and offers 15 verified CPD points by the Cyprus Bar Association.


Aims of the seminar:

  • To understand the different types of companies regulated under Cyprus Law.
  • To understand who runs the company and what the function of each organ of a company is.
  • Draft a memorandum of understanding and articles of association in accordance with the client’s needs. Drafting specific provisions for the amendment of objects and articles.
  • To understand the position of shareholders and draft ordinary and special resolutions
  • To understand the indoor management rule and the real apparent and ostensible authority and directors' duties.
  • To understand the role of members and general meetings. To be able to draft minutes, proxies and notices.
  • To understand the legal framework for the protection of minority shareholders in a company
  • To understand and describe the authorized and issued share capital.
  • To be able to undertake an increase or reduction in share capital (including applying to the court for an extension of time).
  • To understand how and be able to make changes to a company.
  • Be able to undertake an effective due diligence review of the company.
  • Understand the role of the AGM and the audited financial statements and be able to draft the relevant resolution
  • Describe the role of the power of attorney and be able to draft an effective power of attorney.
  • Understand the KYC procedures that apply to the services provided to a company in Cyprus.


Why this seminar is important for you?

  • Corporate Law is one of the most sought specializations of law in Cyprus. The number of candidates who prefer to pursue corporate law (either as a lawyer or administrator) has seen unprecedented growth in the last few years.
  • This course is practical. The trainer will show you ‘How’ rather than just what and you will receive multiple templates and advice on the practical application of the law.
  • There are many benefits to studying a course regarding the practical application of the law.
  • It is an excellent addition to your CV - especially with so many employers requesting experience with the practical side of company law. A qualification like this will help to prove to a prospective employer that you will be able to hit the ground running!
  • This seminar is taught by highly experienced lawyers and experts in corporate law.


Furthermore, by the end of this seminar, you will:

  • Be able to undertake an effective due diligence review of the company.
  • Understand the role of the AGM and the audited financial statements and be able to draft the relevant resolution
  • Describe the role of the power of attorney and be able to draft an effective power of attorney
  • Understand the KYC procedures that apply to the services provided to a company in Cyprus.
  • Understand the legal framework for nominee shareholders and trustee arrangements.
  • Describe and undertake the procedure for company certificates
  • Describe and understand the importance of the substance of a company (management and control).
  • Be able to draft the legal documentation for various transactions such as share purchases, shareholders agreements etc.
  • Understand and describe the redeemable preference shares and conversions of class.
  • Understand and describe the process of dissolution of a company.
  • You will also be given specimens such as:
  • Approval of name/change of name
  • Memorandum & Articles of Association
  • Appointment-Resignation of Director-Secretary
  • Transfer of Shares
  • Issue and Allotment of shares
  • Indemnity
  • Trust Deed
  • Increase of capital
  • Engagement Letter
  • Transfer in/out
  • EGM/AGM
  • Reduction of capital
  • Variation of class rights
  • Due diligence checklist/KYC
  • POAs
  • Liquidation-Strike off

Dates and Times: 

  • 27/04: 16:00-20:00 p.m.
  • 04/05: 16:00-20:00 p.m.
  • 11/05: 16:00-20:00 p.m.
  • 18/05: 16:00-20:00 p.m.
  • 25/05: 16:00-20:00 p.m.
  • 01/06: 16:00-18:00 p.m.
  • 08/06: 16:00-18:00 p.m.
  • 15/06: 16:00-18:00 p.m.
  • 22/06: 16:00-18:00 p.m.
  • 29/06: 16:00-18:00 p.m.
  • 06/07: 16:00-18:00 p.m.
  • 13/07: 16:00-18:00 p.m.
  • 20/07: 16:00-18:00 p.m.
  • 27/07: 16:00-18:00 p.m.
  • 03/08: 16:00-18:00 p.m.

This course is suitable for: 

  • Lawyers
  • Corporate Administrators
  • Compliance Officers
  • Compliance Assistants
  • other professionals working in the corporate sector


Methodology 

Online Live via Zoom


Funding 

  • If you are eligible for HRDA funding: €624 funded and your employer only pays €156 + VAT on the full amount. 
  • 30% discount for employees who do not qualify for funding with the HRDA.
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