Legal Articles

On the 23rd of December 2022, the amendment of the Attempted Reconciliation and Spiritual Resolution of Marriage Law (22/1990) and on the 13th of January 2023, the amendment of the Law on Marriage (104(I)/2003), as well as the amendment of the Law on Family Courts (23/1990), were published in the official gazette of the Republic of Cyprus

Update on imposition and Collection of a 0.4% tax on the sale of immovable Property, in accordance with the Central Body for the Equal Distribution of Burdens Law

Update on imposition and Collection of a 0.4% tax on the sale of immovable Property, in accordance with the Central Body for the Equal Distribution of Burdens Law

Here is a comprehensive guide to help you navigate the process of purchasing real estate property in Cyprus.

Cyprus has gained a widespread reputation as an international business centre. The combination of advanced technologies and telecommunications, a beneficial tax regime and multinational citizens, along with the excellent geographical location and fantastic weather, make it an ideal place to headquarter your business. Despite the country’s inviting attitude towards foreign companies and...

To set up and operate a cryptocurrency exchange, you must get licensed first. Here we will analyse the basics of Crypto Exchange Offices, Cryptocurrency Exchanges, and how to get a license in Cyprus.  What is Cyprus Security and Exchange Commision (CySEC)  CySEC is the anti-money laundering and counter-terrorist financing (AML/CFT) supervisor for crypto-asset operations...

Foreign Exchange (Forex) trading is the conversion of one currency into another for either practical purposes or for gaining profits. Forex trading has developed into the largest trading market in the world over recent years. It operates 24/7 all over the world, bringing together international banks and corporations to trade with each other. Foreign Exchange is available in all currencies...

The House of Representatives announced on the 2nd of April a new amendment regarding contracts of sale for real estate. The bill refers to the meaning of practising the profession as defined in the Advocates Law Cap.2. It states that only registered lawyers should draft sale agreements of real estate or other documents relating to property transactions. The suggestion was made by a member of...

Marriage Dissolution or Divorce is a term which refers to the process by which a couple can end their marriage permanently.

Liquidation or dissolution is a term which is used when a company decides to dissolve and materialize all its assets. This usually occurs when the company is deemed insolvent, i.e. cannot pay its debts when they are due. As a result, it collects and materialises its assets to settle its obligations and eventually comes to an end. The liquidation (dissolution) or wound-up method can be...