Registration of a Charge

This practice memo describes the legal and practical considerations in connection to the registration of a charge on the assets of Cyprus private companies under Cyprus law. It includes information on, inter alia, the creation of a charge, the legal requirements for registration, the types of registrable charges and applicable exceptions, the significance of registration, the process of registration, the process of removal or alternation of a charge, filings, applicable timeframes, indicative fees and other relevant matters. It goes further to include an elaborate step plan of the aforementioned processes and a description of relevant documents.

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