The protection of Cypriot private property The Cypriot legal system is based on the English common law system, but starting 1960 the country has lined it up with the EU regulations. Cyprus has singed many international conventions and treaties starting with double taxation agreements for taxation matters to treaties for…
In Cyprus, a new intellectual property regime has been imposed starting with January 2012, which is expected to stimulate the intellectual property sector exploitation in the country. In this article, our lawyers in Cyprus briefly analyze how the intellectual property disputes are resolved in Cyprus. Disputes for trade marks in…
Cyprus has a well-established insurance industry which is governed by strict regulations. The main legislation referring to insurance in Cyprus is the Insurance Services and Other Related Issues Law, simply known as the Insurance Law. The legislation covers the following: insurance and reinsurance companies registered in or outside Cyprus; insurance…
A holding company in Cyprus offers a multitude of benefits, making it an appealing choice for businesses looking to optimize their corporate structure and financial strategies. From its favorable tax regime to its membership in the European Union (EU) and robust legal framework, Cyprus provides an ideal backdrop for companies…
Cyprus has a reduced and adaptable free-market economy which presents positive projections in the long-term. The island is a business gateway for Europe, the Middle East, Asia and Africa and it has a highly educated population which speaks English. In this article, our lawyers in Cyprus present a few of…
The Trust Law in Cyprus The Cypriot legislation on trusts is based on the English Trust Law. The Trustee Law which was enabled in 1955 was included in the Cypriot Civil Code. In 1992 Cyprus also introduced the International Trusts Law which is very advantageous for foreign investors coming to…
Marriage, divorce, and child custody in Cyprus are governed by the Civil Code which comprises the Family Law. The act provides for all the legal requirements both Cypriot citizens and foreigners who reside here can get married or divorced in this country must comply with. You can rely on our…
Estate planning solutions in Cyprus Will and trusts are the most popular and reliable estate planning solutions in Cyprus. Both solutions provide an individual the legal means to dispose of their property as seeing fit. According to the Cypriot laws, estate may be divided into a disposable portion a statutory…
The restructuring and insolvency of a company in Cyprus is performed is based on the Companies Law Cap 113, which prescribes the legal modalities for closing a business voluntarily or compulsorily. In 2015, the Cypriot government enacted new regulations on the insolvency legislation, which were also applicable to the Companies…
The Trade Register in Cyprus is usually known as the Department of Registrar of Companies and Official Receiver and is part of the Ministry of Commerce, Industrial and Tourism in Cyprus. Its main duties are to register new companies and to update the existing database. The functions of the Trade…
