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.