POKEMON GO AND LEGAL IMPLICATIONS
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...
COMPENSATION IN CASE OF TERMINATION OF EMPLOYMENT
The provisions of Termination of Employment Law (24/1967) regulate and define the rights and obligations of employers and employees in case of termination of employment. According to Section 3 of the Law, an employee whose employment is terminated unlawfully after he/she has completed minimum 26 weeks of continuous employment with an employer, is entitled to compensation. In addition to this,...
INSURANCE CLAIMS IN CYPRUS: NO WIN NO FEE SERVICE
Insurance represents a contract, in which an individual or a private entity receives financial protection or reimbursement against unexpected losses from an insurance company. In general, insurance is a form of risk management used to hedge against the risk of financial losses. Therefore, individuals and companies purchase insurance for several reasons. Some illuminating examples are life,...
CYPRUS-JERSEY DOUBLE TAX TREATY SIGNED IN JULY 2016
Cyprus has extended its network of double tax conventions by concluding an agreement on the avoidance of double taxation on income with Jersey. Jersey is a Crown dependency of the United Kingdom, located between England and France. The agreement between the two countries was concluded in London on the 11th of July 2016.
According to the official announcement of the Ministry of Finance of the...
CORPORATE TAX IN CYPRUS FOR 2016
The favourable tax regime together with many other benefits, such as the well-developed and transparent legal system, attract business people and investors to launch their business plans in Cyprus. A primarily considerable incentive that urges business people to implement their projects in Cyprus is that the corporate income tax in Cyprus is 12.5%, one of the lowest in Europe.
Cyprus and...
ANIMAL WELFARE LEGISLATION IN CYPRUS
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...
DIVORCE IN CYPRUS: CHILD MAINTENANCE
Parental care is an important aspect of divorce proceedings. Specifically, child maintenance is an important matter that needs to be taken into consideration as parents are obliged to support their child(ren) jointly and according to their ability to do so. Section 36 of Law 216/1990 provides that maintenance is regulated by the Court following an application submitted by a parent or the...
MAINTENANCE AFTER DIVORCE IN CYPRUS
Divorce is a highly delicate area of family law. An important thing that needs to be clarified is that divorce does not entirely terminate the relations of spouses, despite the fact that their legal relations, rights and obligations cease to exist. In other words, marital life establishes a moral relationship on which a spouse may rely and claim maintenance, regardless of the dissolution of...
CYPRUS: AN ATTRACTIVE BUSINESS JURISDICTION
The geographical location of Cyprus together with other considerable advantages and well-developed business infrastructures make Cyprus an attractive location for international business activities. Cyprus is situated between Europe, Asia and Africa, and is a full-member of the European Union since 2004. As a result, much legislation and many procedures have been harmonised with the EU...
CYPRUS-BAHRAIN DOUBLE TAX TREATY ENTERED INTO FORCE
The Government of the Kingdom of Bahrain and the Government of the Republic of Cyprus concluded an Agreement for the avoidance of double taxation with respect to taxes on income, based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on Capital. The double taxation treaty between Cyprus and Bahrain will strengthen the economic and commercial relationships between...