Upcoming International Tax Changes – Cyprus
Anti-Tax Avoidance Directive. The Cyprus Ministry of Finance has presented to the Parliament legislation in view of the implementation of the European Union Anti-Tax Avoidance Directive.
AVELLUM advises Dobrobut on investment by Horizon Capital
AVELLUM acted as the legal counsel to Dobrobut, the leading private healthcare services provider in Ukraine, and its shareholders on the disposal of a minority stake in Dobrobut to Horizon Capital.
You can Gain Indefinite Leave to Remain in the UK with the Tier 1 Investor Visa
The top immigration lawyers UK confirm that The Tier 1 Investor Visa is a way that high net worth individuals who want to make an investment of a minimum of £2 million within the UK can gain a long lasting immigration status in the country. This is because, the UK really does its best to …
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Re-domiciliation of foreign companies to Cyprus
A. INTRODUCTION As from 28.7.2006, the Companies Law Cap.113 (the “Law”) has been amended and the re-domiciliation of foreign companies to Cyprus is permitted, as per the provisions of the Law.
Takeover Law: An overview
The primary source of legislation relating to public M&A transactions in the Republic of Cyprus is the Law to Make Provision for Public Takeover Bids for the Acquisition of Securities of Companies and Related Matters, Law 41(I)/2009 (“Takeover Law”).
Axel Springer wins status proceedings with Hengeler Mueller
The Berlin Regional Court has rejected a claim on the appointment of employee representatives to the supervisory board of Axel Springer SE, brought by Konrad Erzberger with support of members of the works council and the labour union ver.di. In its decision, which has not yet become final, the court has come to the conclusion …
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Hengeler Mueller advises Linde on sale of selected Korean assets to IMM Private Equity
Linde plc has completed the sale of selected assets of Linde Korea to IMM Private Equity Inc. in connection with the recent merger between Linde AG and Praxair, Inc. and requirements of the Korea Fair Trade Commission.
Turkish Medicines and Medical Devices Agency Announces Draft Regulation
Turkish Medicines and Medical Devices Agency Announces Draft Regulation on Sales, Advertising and Promotion of Medical Devices The Turkish Medicines and Medical Devices Agency (“Agency“) announced the Draft Regulation on Sales, Advertising and Promotion of Medical Devices (“Draft Regulation”) on May 9, 2019. The Draft Regulation will replace the Regulation on Sales, Advertising and Promotion …
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AVELLUM advises EBRD on another large renewable energy financing deal
AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”>) and Nederlandse Financierings – Maatschappij voor Ontwikkelingslanden N.V. (“FMO”) in connection with a senior secured loan to LLC “Chysta Enerhiia-2011” in the total amount of up to EUR 24.5 million (and each 50%).
The introduction of services of sworn translators in Cyprus
Translations are frequently required for various documentations for official use before public authorities, institutions and courts internally or abroad. It is a matter of public law of each country to determine when an “official” translation is required and what comprises the elements of such translations in order to be regarded as legally valid and accepted …
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