cyprus lawyers Tag

Setting up an EMI – Electronic Money Institution EMI or Electronic Money Institutions (EMIs) are the digital alternative of a bank where the client funds are stored in an ‘electronic wallet’. The funds are considered electronic money stored on a technical device which is widely used for making payments online. The EMIs operate through an online platform while having the licence...

The recent decision of the United Kingdom to leave the European Union raised concerns about future relations with the other Member States. Its withdrawal requires years of preparation and negotiations with the EU officials. Cyprus is the second-largest trading partner of the United Kingdom and a popular residence choice for its nationals. The two countries intend to maintain warm relations...

From the early years of the formation of the Constitution of the Republic of Cyprus, the country has followed European legal standards regarding the extradition of offenders or sentenced people. Extradition is defined as the action of identifying and transferring a person suspected of a criminal offence from the authorities of one country to another after the latter’s request, in...

The impact of Covid-19 Pandemic on Cyprus Economy and Shipping industry. Ever since the global pandemic of the Covid-19 appeared on the face of the earth, it brought along unprecedented detriments to the economy, business and social life of people all over the world. Cyprus is no exception. The economy of Cyprus is suffering significant financial losses from the isolation period, and the...

Conveyancing is the act of transferring the legal title of a property from one person to another. The process of conveyancing in Cyprus is rather complex as it involves a series of steps and documents to be submitted. Legal representation is necessary for both sides, the purchaser and the vendor, when carrying out the legal actions, such as checking the title and other matters concerning the...

Cyprus has a well-established maritime infrastructure which offers many advantages to ship owners and business people in this industry. Shipping upholds a significant role in the Cyprus economy and after overcoming the economic crisis in 2013, the shipping finance has flourished. The Republic of Cyprus is a member of the IMO, the Council of Europe, the Commonwealth and many other...

Cyprus has always been an attractive location for business activities. Intellectual Property can be one of the most valuable assets of an organization and it is a significant strategic business decision to select the appropriate location for the establishment and management of IP holding companies. The country offers a beneficial tax rate and is also legally supported by the EU Member States...

Cyprus has always been targeted by many nations for its beneficial geographical position and, amongst other elements, its attractive shipping operations. Ever since 1963, when the government first offered incentives encouraging ship ownership and registration, Cyprus has become a thriving international business and shipping centre for shipping companies. Throughout the years, Cyprus has been...

Cyprus has always been targeted by many nations for its beneficial geographical position and, amongst other elements, its attractive shipping operations. The country is one of the top five ship management centres worldwide, having around 60 ship management companies in operation while employing almost 40,000 seafarers. This accounts for the one-fifth of the world’s third-party ship management...