Training Objectives

By the end of the programme, participants:

• Be able to explain the concept of a company
• Recognise the advantages
• Recognise the different types of companies
• Know the procedure of incorporation of a company
• Know the basics regarding the registers a company must keep
• Know the obligations a company has towards the Registrar of Companies and different kinds of forms that must be submitted

Training Outline

Company Formation

• Doctrine of incorporation – the separate legal personality
• Types of Companies under the Companies Law
• Company promoters
• Procedures of a local company (HE) incorporation
• Conversion of a provate company into public
• Capacity of a company  and pre-incorporation contracts
• Company and sole trader
• Company and partnerships

Company Law (Statutory Books, Records, and Return)

• The registers that a company must keep
• Other statutory obligations / records / returns
• Company Law (Constitution of a Company)
• Memorandum and Articles of Association

– Company name

• Situation of the address of Registered Office
• Objects clause
• Limited liability clause
• Capital clause
• Types of shares/classes of shares
• Variation of class rights
• Transfer of shares
• Declaration of association
• Articles of Association (”ARTICLES”)

Who Should Attend

The programme is ideal for:

• Lawyers
• Directors and Secretaries
• Corporate Administrators
• Service Providers
• Compliance Officers
• Compliance Assistance
• Anyone wanting to become familiar with the basics of Companies Law in Cyprus

Training Style

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, case-studies, practical examples, real-life simulations. Participants will be able to engage in discussions surrounding the principles of Companies law and understand all the practical knowledge needed to register a company and be able to transfer this knowhow to the workplace.

CPD Recognition

This programme may be approved for up to 6 CPD units in Law. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

The course has been approved and verified by the Cyprus Bar Association (CyBAR). The Summary of CyBAR’s Updated CPD Guidelines Based on the Operational Framework of the Cyprus Bar Association (CBA) Academy can be found here.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.