Panama Accounting Records-New Legislation

Panama law enters into force on January 1st 2017 the obligation for maintaining accounting records for legal entities that do not perform operations that are consummated, perfected or take effect within the Republic of Panama. Accounting records are the information that indicate in a precise way the commercial operations of

Member’s Voluntary Liquidation

The provisions of the Cyprus Companies Law, Cap.113, relating to the winding up of Cyprus Companies may be either:- by the Court; or voluntary (which can be either a member’s voluntary winding up or a creditor’s voluntary winding up); or subject to the supervision of the Court. Members’ Voluntary Liquidation

Overview of Trademark Registration

Intellectual property, very broadly, means the legal rights which result from intellectual activity in the industrial, scientific, literary and artistic fields. Countries have laws to protect intellectual property for two main reasons. One is to give statutory expression to the moral and economic rights of creators in their creations and

New Leasing Law, Law 72(I) of 2016

The Leasing Law, Law 72(I) of 2016, came into force on 28.04.2016, aiming to regulate the provision of leasing services to the public, and ensure the supervision of the financial leasing services providers’ activities, targeting at a smooth operation of economy and the financial sector. The new legislation provides that

Award of our Article – Data Protection Law

An overview of the current Data Protection Directive. How the new EU Data Protection Law will affect Companies?   Background   The European Union (hereinafter «EU») legislated the Data Protection Directive 95/46/EC (hereinafter «the Directive» or DPD) in order to provide a shield for the right to privacy and the