Company Law

Methods of Winding – Up a Cyprus company

Introduction A company is a legal person; it has separate legal personality distinct from its board and members meaning that it can continue perpetually for succession purposes. Often, the question arises how a company can be ‘killed off’. In common law jurisdictions, there are two main methods: strike – off and different types of liquidation procedures. The Cyprus Companies Law, Cap. 113 (the “Law”) as amended from time to time, provides for the procedure of each of these methods. Below is [...]