Business Law and Corporate Law

Luxembourg has introduced a significant reform allowing founders to defer the EUR 12,000 minimum share capital payment for private limited liability companies (SARL) for up to 12 months after incorporation. This change eliminates the need for upfront bank account opening and capital contribution, enabling faster company formation and immediate business operations while maintaining shareholder liability for unpaid capital.

Companies facing financial distress must carefully evaluate their restructuring options, with protective shield proceedings offering a unique opportunity to prepare an insolvency plan while maintaining existing management. This specialized form of preliminary self-administration requires precise timing and thorough preparation, as it is only available when a company faces imminent illiquidity or over-indebtedness but has not yet become actually illiquid.

Explore the critical roles of company secretaries and directors in Malta's corporate framework, examining their statutory obligations and the growing emphasis on demonstrating genuine corporate substance for regulatory compliance.

Two young women launched an Instagram account to foster inclusion and understanding of marginalized groups in German society, quickly attracting corporate attention for diversity workshops. As their platform grew to over 75,000 followers, they sought to transform their social media presence into an official nonprofit organization. McDermott's legal team provided pro bono counsel to guide them through the complex startup formation process in Germany.

A closer look at the International Non Profit Accounting Standard (INPAS), its practical impact, and key consideration for local non profits.

The legal framework governing trusts in Cyprus is based on The Trustees Law, Cap. 193, ("The Trustees Law"), which is largely based on the English Trustee Act of 1925 and on The International Trusts Law...

Malta's capital markets are seeing increased share buy-back activity, but regulatory frameworks designed for large liquid exchanges create significant obstacles for small markets. Can local regulators establish accepted market practices that balance market integrity with the practical realities of supporting liquidity in a small jurisdiction?

Malta’s company law framework may be taking an important step towards accommodating the infrastructure of digital capital markets.

European financial regulators are reshaping the landscape for investment firms, crypto-assets, and fund management through new guidance on MiFID passporting arrangements, digital asset oversight...

On 26 February 2026, Directive (EU) 2026/470 of the European Parliament and of the Council of 24 February 2026, also known as the Omnibus I Directive...

To benefit, the IP owner must also meet the nexus requirement — i.e., the IP income must come from its own R&D activities (or outsourced to unrelated parties) that created the IP.

In practical terms, if your franchise model relies on the franchisee using the franchisor's proprietary software, operating system, or tech tools that were developed in-house, the portion of franchise income attributable to that IP could fall under the Cyprus IP Box