In order to incorporate a lawyer’s company in the Republic of Cyprus, an approval by the Legal Council is necessary prior to the company’s registration.
The application form for the approval of the incorporation of a lawyer’s company must be submitted directly to the competent authority:
1 Apellis Street, 1043 Nicosia
Tel. 357 22 889207
Fax. 357 22 667498
The application needs to be accompanied by the following documents:
The applicant is informed regarding the authorization decision within three months from the date the application form and supporting documents were dully submitted. Every Lawyer’s Company, whose registration with the Registrar of Companies has been approved by the Legal Council, is recorded by the Bar Council in the “Register of Lawyers’ Companies”.
The annual licence expires on the thirty first day of December following the date of issue and the fee is payable to the Bar Council. Any advocate who practices as an advocate for a period up to ten years must pay the fee for the issue of the annual licence of € 68 and €171 if the practicing of the profession exceeds the 10 years.
Obligations and Supervision
Registered lawyer’s companies/partnerships are obliged to comply with the provisions of the Advocates Law, as periodically amended, as well as with the Code of Conduct, and among others with the following:
The Legal Council decides on the striking off of a Lawyers’ Company from the Registry of Lawyers’ Companies, if the company ceases to fulfil the requirements described in paragraphs (a) or (b) in the eligibility criteria above, unless the reason for which it ceases to fulfil the requirements is due to the following:
(a) acquisition of interest for the cases referred to in paragraph (a) and, for the cases referred to in paragraph (b) acquisition of shares, as a result of succession, from a person who is not a practising lawyer; or
(b) loss, in any manner, by a partner or member of a company or member of its board of directors, as the case may be, of the capacity of practising advocate, and provided that the above reasons cease to exist within twelve months from the date on which they arose, in such a manner as to ensure that the Lawyers’ Company continues to fulfil the above mentioned requirements.
The dissolution of a Lawyers’ Company entails de jure its striking off from the Register of Lawyers’Companies.
Cyprus Bar Association
11, Florinis Street, Office 101