Admiralty & Shipping Legal Services in Cyprus

Cyprus offers numerous benefits for those seeking to register a shipping company or vessel under the Cyprus flag, including: 

• No tax on profit from operating or managing vessels registered under the Cyprus flag or shares in a ship-owning company.
• No capital gains tax on selling a Cypriot vessel or transferring shares in a Cypriot ship-owning company.
• A liberal foreign direct investment program, allowing for 100% foreign involvement in many sectors.
• No exchange control restrictions.
• Over 50 double taxation treaties in effect, with more under negotiation.
• No estate duty on the inheritance of shares in a ship-owning company.
• No income tax on the emoluments of officers and crew.
• No stamp duty on ship mortgage deeds.

• Maritime Commerce: We provide expert advice and representation on all aspects of maritime commerce, including contracts, financing, and dispute resolution.
• Choice of Flag: Our team offers guidance on the advantages and requirements of various flag registries, helping clients make informed decisions about which flag is most suitable for their vessel and operations.
• Vessel Registration: We assist clients in registering and deleting vessels under the Cyprus flag, as well as navigating the requirements and procedures involved in registering vessels under other flags of convenience.
• Employment Issues Specific to Shipping Companies: Our lawyers advise clients on employment matters unique to the shipping industry, such as crew contracts, wages, working conditions, and dispute resolution.
• Salvage: We provide legal representation in salvage claims and disputes, ensuring that clients’ rights are protected and receive fair compensation for their services or losses.
• Collision: Our maritime lawyers handle collision cases, advising clients on liability and damages and resolving disputes through negotiation, arbitration, or litigation.
• Loss of or Damage to Cargo: We represent clients in claims related to the loss of or damage to cargo, ensuring that their rights are protected and that they receive appropriate compensation.
• Ship Sales and Purchases: We advise clients on all aspects of ship sale and purchase transactions, from drafting and negotiating contracts to coordinating due diligence and ensuring compliance with regulatory requirements.
• Freight Disputes: Our team provides expert guidance and representation in freight disputes, helping clients to resolve conflicts quickly and efficiently through negotiation, arbitration, or litigation.