Legal Articles

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...

The island of Cyprus is a well-known historical and touristic destination. The fantastic weather together with the ancient history and legends constitutes the island an ideal destination for all seasons. Apart from the historical patrimony and weather, Cyprus is an attractive location for weddings. Particularly, the city of Limassol is rather popular for civil weddings between foreigners. In...

In the article “Registration of Ships in Cyprus” Michael Chambers presented the essential information about eligibility criteria and ship registration procedures. Cypriot and European citizens may proceed with the necessary procedures and register their vessel on the Registrar of Ships. However, non-European citizens who wish to register a ship under the Cyprus flag they are obliged to...

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...

Low taxation and straight forward bureaucratic procedures attract business people and investors from all over the world to invest in the Republic of Cyprus. Cyprus’ low taxation regime facilitates the expansion of business activities in the island. In the current article, Michael Chambers will present some useful information about capital gains and immovable property taxation schemes in...

Shipping is an important sector of the Cyprus economy. Consequently, shipping finance constitutes an essential part of Cyprus shipping industry. International and national financial institutions may shape the development of the shipping industry in the island. Apart from banking and financial institutions, another important dimension that should be taken into account is the provision of...

Cyprus is a major international shipping centre. In the article “International Shipping Companies Choose Limassol,” Michael Chambers explained the major incentives that motivate international shipping companies to establish their operations in Cyprus. In this article Michael Chambers presents the basic information concerning ship registration procedures in Cyprus. Generally, the Policy and...

Despite the global perspective of internet, online gambling regulations are not universal. That is to say, each region has its own jurisdictions that cover the relevant legal issues, such as licensing.  For instance, the legislation in some areas permits them to grant licenses and regulate companies they run online gambling sites or supply industry services, i.e. gaming software. The...

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...