Our Services:

Banks and general financial regulations
Consulting on banking issues, financial services in Cyprus
Regulatory aspects of interaction with banks, payment platforms and providers of alternative financial products
Supporting issues related to work with banks, opening and maintaining bank account

Experts in the field

Savvas Savva

Partner, Head of REVERA Cyprus

Projects

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.

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

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.

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.