Cyprus: M&A/Private Equity

In today’s knowledge-based economy, confidential business information represents one of the most valuable assets of any enterprise. Recognizing the importance of protecting such information, the Cypriot legislator enacted the Protection of Undisclosed Know-How and Business Information (Trade Secrets) from Unlawful Acquisition, Use and Disclosure Law of 2020 (Law 164(I)/2020), which transposed Directive (EU) 2016/943 into domestic law (the “Law”).

Cyprus has earned its reputation as one of Europe's most business-friendly jurisdictions, thanks in part to its innovative tax incentives designed to attract international companies, investment groups, and high-value projects.

Traditionally, Cypriot businesses, mostly family-owned, did not prioritise Mergers and Acquisitions (M&A) for growth, development, or value realisation.