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REVERA's Cyprus team is renowned experts in Cyprus taxation, corporate transactions, fiduciary and provider services, migration and real estate transactions.
REVERA lawyers have long established themselves as specialists with unique experience in investment transactions, M&A, intellectual property issues and other issues relevant to the IT sector.
REVERA assisted the IT project Eidolon in setting up the company in Cyprus on a turnkey basis (including all mandatory post-registration activities), as well as handling the relocation and employment of foreign IT specialists in Cyprus (including the necessary migration issues).
Comprehensive support in launching an office in Cyprus: company registration (along with obtaining foreign company status), relocation support for some IT staff (including dealing with mandatory migration issues), opening a corporate account in the payment system, formalizing the accumulation of exclusive rights to IT development within the company, as well as attracting investment.
REVERA’s team assisted the client in building contractual relations with numerous partners from different jurisdictions: advertisers, advertising platforms, publishers and also provided support in preparing standard interaction agreements with entrepreneurs/individuals. Ongoing consultancy required REVERA’s lawyers to be deeply immersed in the technical part of online marketing tools.
Seller-side M&A deal support
Within a tight timeframe, REVERA assisted the client in the due diligence on the seller's side as well as during sanction compliance of the buyer before M&A deal. In addition, REVERA reviewed the option agreement and also accompanied the corporate procedures related to the M&A deal.
REVERA’s team rendered services for the restructuring of the mobile game company, starting with the resolution of the internal corporate conflict, and ending with the registration of the new legal entities in Georgia and Cyprus.
REVERA’s lawyers conducted a comprehensive expertise of transferring IP rights to the company from its team members as well as assisted in a number of investment issues. The advice provided required a deep dive into the technical aspects of game development in order to formalize the IP more correctly.
VR-games development studio
Assistance with the incorporation of a new company in Cyprus and opening a corporate account in Cyprus EMI, contractual arrangements with product development specialists, expertise in preparing the collective transfer of IP.
REVERA’s lawyers assisted the client in obtaining the benefits of the IP box regime: we prepared a business plan, reviewed the IP description, organized interaction with independent auditors, including obtaining their final conclusion. In addition, the REVERA’s team conducted a number of consultations on restructuring of the client's business.
Multi-jurisdictional group of IT companies
Supporting the client in obtaining investments from 4 investment funds from different jurisdictions, preparing documents for investment deals, structuring relations with R&D offices
Investor in the field of online applications
Supporting the establishment of a joint venture by companies from three countries, including drafting of loan agreement secured by the pledge provisions, an option agreement, a shareholders agreement, and a share purchase agreement, as well as share subscription agreements.
International Investment Hub
REVERA assisted the client acting as an investor in setting up SPV in Cyprus for the purposes of the future investments, as well as supported following two investment deals, including transaction documents drafting and structuring the deal over 3 jurisdictions
One of the world leading game publishers
It was a comprehensive project to develop a full employee incentive plan by giving the key employees rights to receive a certain amount of company shares in the future if certain conditions are met (ESOP). When developing the plan, global approaches to ESOPs, corporate legislation of Cyprus, and the needs of the company were taken into account.
Acquisition of an i-gaming studio
Comprehensive legal advice on the Malta-Philippines-Cyprus deal, including drafting of transaction terms, preparation of non-competition and non-solicitation undertakings and corporate management customization.
Gambling group of companies sold
REVERA has accompanied the sale of a group of companies with a European license to operate an online gambling business. The deal included commercial negotiations, preparation of transaction documentation, IP transfer, approval of the transaction by the regulator of a European country
Android game developer
Support in setting up a company in Cyprus from scratch, obtaining special status for the recruitment of foreign employees, structuring relations with customers and contractors, and establishing a separate service center
Major custom software developer
REVERA’s team rendered services for reviewing the intellectual property rights assignment agreement. The client sold IP rights for the game to Spanish company that specializes on global multi-channel distribution and monetization of digital services
Salesforce consulting partner
REVERA’s team provided company incorporation services in Cyprus, assisted in the relocation of part of the team to Cyprus, including dealing with migration issues, including obtaining work visas. We fully accompanied the process of employment in this company, including the preparation of employment contracts, and bank accounts opening
REVERA’s experts drafted a shareholder agreement and participated in lengthy negotiations to agree the terms between the founders and the investor. The investor in the deal was a large state-owned gaming corporation (one of the 50 largest in the world). We provided solutions for a wide range of issues: intellectual property, corporate and tax administration, incorporation and banking matters
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The guide contains answers to frequently asked questions when registering trademarks, as well as tips that may be useful for IT businesses and IT lawyers who are faced with trademark registration for the first time. In this guide, you can find "translations" of legal terms into the language of business, which will help make the process of registering a trademark more understandable for all its participants.
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