Legal Articles GR

Estate planning is a sensitive matter, consequently, many people avoid addressing it. However, it should be pointed out that estate planning is an important matter that should be taken into consideration as it may eliminate emerging doubts over administration of estates.  Therefore, the documents you prepare regarding your death might be some of the most significant documents you will ever...

The term animal welfare denotes the well-being of animals. In Cyprus, the law for the protection and safeguarding the health and welfare of animals (46(I)/1994) establishes a general legal framework regarding animal treatment in order to safeguard animals’ health, welfare and safety. The particular law applies to domestic animals or animals in captivity, as well as to animals that are under...

Pokemon GO is an augmented reality game that embeds virtual creatures in the physical space. Therefore, virtual and physical space co-exist as the virtual creatures Pokemon can appear anywhere, even in the garden of your neighbour. The goal of the game is to find and catch them. The intersection of virtual and physical space urged legal professionals to start considering the impact of...

Cypriot investment firms (CIFs) provide investment services on a professional basis inside or outside Cyprus.  A CIF cannot offer professional investment services without being licenced by Cyprus Securities and Exchange Commission (CySEC). Generally, CySEC authorises and supervises investment firms and activities in Cyprus based on the provisions of Law 144 (I)/2007.  In order to obtain...

The 26th November 2015 the Cyprus Parliament approves the civil partnership legislation. The Law 184 (I)/ 2015 denotes that the union of heterosexual and LGBTQI couples may have a legal recognition outside the civil and religious institutions of marriage. As a result, it could be inferred that civil partnership legislation is a significant step towards equality in Cyprus. Michael Chambers will...

There is a vast array of benefits available to those wishing to register a shipping vessel under the Cypriot flag. In terms of geographical location, infrastructure, safety and efficient operations Cyprus can offer substantial advantages. Underlying the entire system is a highly profitable economic environment which offers major tax advantages and other fiscal incentives to those who operate...

Any business that regularly enters into terms (for example for the sale or purchase of goods) that are often the same or similar can benefit from creating its own standard terms of business. Standard terms are a set of terms that a business can use to govern its relationship with all of its clients. The Benefits of Standard Terms The benefits of having a standard set of terms are: Lower...

The aftermath of the 1974 occupation by Turkey of the northern part of Cyprus and subsequent division of the island is still keenly felt by citizens of both the Republic of Cyprus in the south and the Turkish Republic of Northern Cyprus (TRNC) in the North. Property abandoned on both sides by those fleeing conflict has been the subject of emotional debate and has been a considerable hindrance...

Having decided to create a new business in Cyprus, one of the first considerations a promoter of that business will have will be what to name the new entity. Whilst the moment at which the new company’s name is conceived can be thrilling, the legal requirements behind a name can too often be overlooked. Approval for any company name is required from the Department of Registrar of Companies...

When creating a company in Cyprus promoters will most often be given the choice of creating the company from scratch (tailor made) or buying a company that has already been created and amending it to suit their specific purposes (off the shelf). A Tailor Made Company Where the promoter of the company requires the company to be tailored to his specific requirements from the outset, then a...