REINCORPORATIONS: A COMPARISON BETWEEN GREEK AND CYPRUS LAW

Thomas PAPADOPOULOS University of Cyprus

Abstract

This paper will analyse the legal framework of reincorporations in Greek and Cyprus law. A reincorporation entails change of the law applicable to a company through a seat transfer. Reincorporations and subsequent change of applicable law in Greece and Cyprus will be scrutinized. A comparison between Greek Law and Cyprus Law will be drawn. Cyprus has a quite detailed legal framework of voluntary inbound and outbound reincorporations. While Greece has certain provisions on outbound reincorporations, it does not have any provisions on inbound reincorporations. The compatibility of these national provisions with internal market rules, as interpreted by the case law of the Court of Justice of the EU (CJEU), will be discussed. Keywords: reincorporation, case law, outbound incorporation, inbound incorporation, applicable law, legal framework, Greek law, Cyprus Law.