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Doomed business ideas. The view of investors.
Business angels and venture capital fund analysts are inundated with countless ideas for the business. Undoubtedly, many of them are worthy of attention (statistics speak only of 10% of the…

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How to create a business from scratch?
Each person, at least once in his life, thought about how to stop working for a “strange uncle” and start his own business. Of course, investing in one's own is…

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expert on the law

Cyprus company: risks when used in an asset protection system

Story plot
A company registered under the law of Cyprus filed a lawsuit with the Russian Arbitration Court regarding the recognition of contracts of participation in construction as invalid. The right for such appeal was the fact that the company from Cyprus owned a share of more than sixty percent of the authorized capital of the developer, which sold office space at a low cost to a third party.

When a lawsuit was filed by a Cypriot company, all evidence was provided that it was entered in the Cyprus Commercial Register, which confirmed the status of the company both under Cyprus law and under Russian law as the plaintiff and owner of a share in the company. Continue reading

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