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REVERA Cyprus - legal & nominee services in Cyprus for technology companies in Russian, English and Greek languages

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.

Projects

Kek Entertainment

REVERA's team of lawyers provided comprehensive legal support to GameDev studio Kek Entertainment in raising a second round of investment from South Korean venture fund Korea Investment Partners and their co-investors Woori Technology Investment Co., Kona Venture Partners, The Games Fund and Play Ventures.

Made On Earth Games

The REVERA team provided legal support for seed round of investment in Made On Earth Games, in which the lead investor was GEM Capital, with participation of US investment fund The Games Fund, as well as Raga Partners and Heracles Capital.

Investments from South Korea for Eschatology

The REVERA team accompanied a Cypriot PC and console game development studio in raising a Series A investment round of $11.3 million from a Korean video game publisher.

Hexacore attracts investments

Advising web-3 mobile game developer and publisher Hexacore on a seed round of financing from Scalo Technologies, including deal management, preparation and negotiation of transaction documents, closing and post-acquisition activities.

Mika Games invests in Hot Siberians

REVERA team provided support to Mika Games, a Cypriot investment company, on the financing of Hot Siberians studio. The comprehensive support included deal preparation, negotiations, closing and post-acquisition activities.

A deal involving Mika Games and Guli Games

Advising Mika games in the first round of investment in GuliGames: preparation of Term Sheets, due diligence of the target company, preparation of transaction documents. Assisting the target company in resolving corporate, contractual and labourissues to bring them in line with the investor's requirements.

AppCapital

Supporting a deal to set up a joint venture - a platform for providing astrological services through different communication channels (Facebook, WhatsApp, mobile application). Advising the client - an investor in the online application business AppCapital - required additional expertise in corporate law and intellectual property.

AppMagic

Advised a developer of a service for mobile app market analytics in an international transaction. The financing was led by GEM Capital, an international private equity and venture capital investment company, with the involvement of Vibranium VC, a Silicon Valley-based venture fund that specialises in investing in SaaS startups, and US performance-marketing agency RoasUp.

The deal between Owlcat Games and Another Angle Games

REVERA's client Owlcat Games has decided to expand its operations and take on the role of game publisher. REVERA supported a deal between the client and Another Angle Games, a Polish game developer, under which Owlcat Games will publish, promote and support a new game by Another Angle Games. REVERA's advice included preparation of the game publishing contract and participation in negotiations.

Redomiciliation from Cyprus

Legal support of a project on redomiciliation of a telecoms holding company from Cyprus to the Kaliningrad region of Russia. REVERA ensured documentation support, interaction with state authorities and coordination of the process.

Buying a manufacturer of an ethnic street food

REVERA conducted Due Diligence of the target company on corporate and commercial issues in the interests of the investor. After Due Diligence, the lawyers prepared all necessary documents for the subsequent purchase of the company.

Developer of pocket radiation detectors

Supporting a company operating at the intersection of the real sector and IT on GDPR issues.

Enway

A turnkey project to support the expansion of a business to Cyprus. REVERA team supported the registration of the company, assisted in labour, migration and banking issues.

Dalkacom

Comprehensive support during preparation for the M&A transaction included Due Diligence as well as option issues and corporate procedures.

Eidolon

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).

NOVA64

Supporting the client in a strategic expansion of its business to Cyprus, which included incorporation, a set of post-registration actions, and compliance of the client's contracts with the local regulations.

Vandrouka Games

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.

Advertising Platforms Developer

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.

Epic Star

Comprehensive support during preparation for the M&A transaction included Due Diligence and sanctions compliance, as well as option issues and corporate procedures.

Independent game development studio

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.

Developer of a mobile action game

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.

Implementation of the "IP Box" tax regime

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

Acquisition.mobi

Advising a mobile marketing agency on corporate and contract law issues. The project included reviewing various types of agreements (with employees, counterparties) for compliance with the client's interests in terms of intellectual property rights protection.

Structuring the investment deal for GameDev Studio

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

Neskin Games

Support in registering a legal entity, obtaining the status of an international company and in post-registration ‘’setup‘’ of the business. The project required REVERA team's expertise in labour, migration and tax law, as well as in banking issues.

Funmatica

Assisted the client with the launch of the business in Cyprus, including contractual relations with employees, customers and contractors, migration issues, as well as registration with the EMI of Cyprus. REVERA continues to provide ongoing support on corporate law matters.

Hexacore

REVERA team provided support in registering a legal entity, obtaining the status of an international company, migration and labour registration of employees. Also, in co-operation with auditors, a tax opinion on the possibility of applying the IP Box regime and attracting financing was prepared.

Local GameDev Studio

Advice on the purchase of 100% of the company's shares by an individual included preparation of documentation, regulatory compliance and general structuring of the transaction.

Developer of creative apps

A comprehensive analysis of the company's articles of association was conducted by REVERA to assess the balance of rights of majority and minority shareholders. This issue was important to ensure that the charter adequately protected the interests of minority shareholders, allowing majority shareholders to manage the company efficiently.

Marketing platform-aggregator of requests

REVERA conducted a comprehensive Due Diligence of the company before the transaction, which covered such aspects as corporate history, commercial relationships and contracts, GDPR compliance, labour issues and IP. This resulted in recommendations to mitigate the identified risks.

Digital marketing agency

The project was related to the change of the client's current service provider. REVERA ensured a smooth transition of the client to the new service provider and resolved conflict issues with the previous provider.

VR-startup

The REVERA team helped a startup to wind down its operations after unsuccessful investment rounds. The main objective was to maintain the company and its intellectual property (IP) to facilitate a future relaunch.

FinTech platform

REVERA supported the registration of a company in Cyprus with five shareholders located in different jurisdictions, as well as the accumulation of IP rights. The complexity of the project was due to the need to open an account with EMI and go through AML procedures for the five shareholders.

IT outstaffing service provider

REVERA developed the model of doing business in the sphere IT outstaffing services for the client. The client's existing business model was analysed and a number of steps were proposed to restructure the business while complying with regulatory requirements.

Contacts

REVERA Cyprus

+357 25 261000 Limassol
+357 25 654001 fax

@reveraonline Telegram

cyprus@revera.legal

Contacts for the press

@PR_reveraTelegram

i.antonova@revera.legal

Contacts for applicants

hr@revera.legal

Cyprus
3076, Limassol, 78 Spyrou Kyprianou, Magnum Business Center, 3rd floor See on map

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