REGULATIONS FOR PRIVATE SHIP SECURITY COMPANIES
Shipping is among the most important sectors of the Cyprus economy. In addition, Cyprus is one of the biggest fleets in the EU and internationally. The geographic location of Cyprus, the double tax treaties with 45 countries and the relatively low set up and operating costs urge ship owners to register their vessels and shipping companies in Cyprus. As a result, maritime security for ships...
Immovable Property Regulations in Cyprus
Cyprus is an attractive location for immovable property investments for many reasons. On the one hand, the considerable law taxation schemes, the reliable legal framework and the straightforward bureaucratic procedures motivate business people to invest in immovable property in the Republic of Cyprus. On the other hand, the warm climate and the quality of life attract individuals, pensioners...
CYPRUS: PARTNERSHIP LIMITED BY SHARES
The legal team of Michael Chambers & Co. LLC would like to inform you about the amendment of Law 144 (I)/2015, which introduced the partnership limited by shares. The new legislation came into force in 2015. As a result of this particular legislation, Cyprus is now in line with other EU member-states, including the UK, Poland and Luxembourg. In addition, the introduction of partnerships...
Title Deeds: Amendment of Transfers and Mortgaging Property Law
The legal team of Michael Chambers & Co. LLC is able to assist ‘trapped’ buyers to obtain Title Deeds.
The amendment of Transfers and Mortgaging Property Law will resolve the issues emerged from the failure to provide Title Deeds to purchasers who have paid for the property they bought and fulfilled all the necessary obligations, due to developer’s debts. Precisely, the new legislation...
Double taxation agreement between Cyprus and Ukraine just signed
The services of Michael Chambers & Co. LLC are available also in Russian.
The Cyprus taxation scheme together with the simple bureaucratic procedures motivates business people and investors to launch their business activities in Cyprus. In addition, Cyprus maintains double tax treaties with more than 40 countries. Recently, the Minister of Finance of the Republic of Cyprus together with...
Work Accidents and Personal Injury Claims in Cyprus
Employers have a duty of case and responsibility in protecting their employees, business partners, independent contractors and visitors. In other words, employers must take the necessary measures in order to maintain the working environment in a safe condition. Furthermore, every employer must provide employees with all the necessary health and safety equipment. Michael Chambers and his team...
Set up a company in Cyprus, by Michael Chambers & Co. LLC
Cyprus is among the most significant business and investment centres in the EU and internationally. The considerable tax incentives together with the limited bureaucratic procedures attract entrepreneurs and investors from all over the world. Another major advantage of establishing a company in Cyprus is that the island maintains the financial privileges of a tax heaven destination while it...
Road Accidents in Cyprus: NO WIN NO FEE
An accident caused by poor road maintenance or by negligent driving may lead to a severe personal injury or death. The victim and his or her family ask for compensation that would correspond to the physical and psychological pain they suffer. Moreover, the compensation is a mean to recover financial damages. In order to receive the compensation you deserve you need the professional assistance...
Personal Injuries Claims: Contact us and get compensated
Personal injury denotes the pain caused by another party’s negligence. Particularly, in Cyprus, personal injury is under civil law (Cap. 148) and is based on the doctrine of negligence. The Court recognises that many accidents cannot be avoided. Therefore, through the doctrine of negligence, a court may decide if there is a liability or not. This is achieved by using the reasonable person...
Medical Malpractice: Michael Chambers informs you about everything you need to know
Medical malpractice is an example of negligence that may cause a severe personal injury or death. Precisely, medical malpractice denotes a legal offense that happens if a medical professional does not perform his or her duties properly due to negligence. As it has been pointed out before, the result of medical negligence is injury or death. Medical professionals include doctors, nurses,...