Whether a proponent of Brexit or not, you will agree that Brexit has brought up a number of changes, one of which the ‘stripe-off’ from UK citizens of the ‘European’ citizenship status.
Commercial focus: what are the primary legal requirements and commercial regulations that general counsels should be well-versed in when establishing and conducting business operations in Cyprus? Historically, Cyprus has played a unique role as a strategic and administrative centre in the Eastern Mediterranean and the greater Middle East.
1. Can you provide guidance on the process for terminating an employment contract in Cyprus, including any legal requirements and potential risks? For a dismissal to be considered lawful without the employee being entitled to compensation for unfair dismissal, one of the following reasons of dismissal must apply:
In recent years it has become more and more common for service providers in Cyprus, acting either as nominee directors, nominee shareholders or trustees of clients, to be the recipients of applications for the issue of disclosure orders against them in aid of foreign proceedings that are pending or will be initiated in the future …