Legal Articles GR

The Ministry of Finance of the Republic of Cyprus announced that the state authorities of Cyprus and Russia have agreed to postpone the implementation of the Protocol amending Article 13 of the Double Tax Treaty (DDT) between Cyprus and Russia for the Avoidance of Double Taxation with respect to taxes on income and on capital, signed by the Republic of Cyprus and Russian Federation on the 7th...

Cyprus Companies Law (Cap. 113) provides that every private company shall have at least one director and every public company shall have at least two directors (s.170). Furthermore, every company must have a secretary and a sole director shall not be also secretary. However, in the case of a single-member private liability company the sole director can be also the company secretary (s.171)....

Business development is a fundamental component of profit maximisation. Among the primary objectives of business development practices are to find clients, and establish strong relationships with current and potential new clients. Usually, clients and business associates may provide companies with their personal data, such as name, gender, address, email, banking details etc. However, are they...

Land is considered as one of the most valuable commodities, so its value is steadily increasing. Moreover, land investment is interrelated with high social and economic status, as well as, with financial stability and progress.  Inflation, the instability of the monetary systems and restrictive fiscal policies of advanced economies are among the primary consequences of the recent economic...

Football is one of the most popular sports worldwide. Specifically, football is considered to be the king of sports as it is associated with entertainment and socialising. As a result, football generates huge revenues in advertising and entertainment industries. Since football is among the most important key players in advertising and marketing, the interests of football players and clubs need...

The sports industry is becoming more and more commercialised and globalised. As a result, athletes, coaches and other stakeholders engaged in the sports industry are seeking a professional legal guidance so that to safeguard their rights and maximise their profits. Sports law is an emerging area of law that is directly interconnected and overlaps with a variety of legal disciplines, such as...

The evidence law refers to the rules and legal principles that define the proof of facts in a legal proceeding. As the available evidence shapes the judge’s decision, the evidence law indicates what evidence should or should not be taken into consideration by the Court. In Cyprus, the proof of facts in a legal proceeding is regulated by the ‘Evidence Law’ (Cap. 9).  Cyprus evidence law follows...

‘New Online Betting Regulations will create significant prospects for the economy.’ Harris Georgiades, Minister of Finance Online betting regulations, together with other measures concerning the betting industry, will create significant prospects for the Cyprus economy, according to the speech of the Cyprus Minister of Finance, Harris Georgiades at the National Betting Authority. Specifically,...

The Cyprus government launched the Cyprus Citizenship by Investment Programme in order to give incentives to foreign investors and business people to implement their business and investment plans in Cyprus. Precisely, the particular programme grants EU passports to investors and entrepreneurs in three months given that they launch their business activities in Cyprus. In September 2016, the...

A person (the testator) determines the ways in which his/her immovable and movable property will be distributed after his/her death through a will. However, in some cases, the inheritors or other individuals may not be satisfied with the stipulations of the testament. Therefore, individuals who are in such a situation should be aware that they contest a will on various legal grounds so they...