How to Obtain a Building Permit in Cyprus

How to Obtain a Building Permit in Cyprus

Law
To be able to build, demolish, amend, extend, convert or repair the use of premises in Cyprus, first,  you must obtain the town planning permit for the conversion of the property and/or the building or construction works. Then, a building permit must be issued by the corresponding local authority, depending on…
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Open an Insurance Company in Cyprus

Open an Insurance Company in Cyprus

Law
Entrepreneurs who intend to open an insurance company in Cyprus should be aware that such a business here requires a license to activate in this sector, under the articles 8 and 22 of the Insurance Law. Our lawyers in Cyprus can provide more details on the schemes available for foreign…
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Create a Foundation in Cyprus

Create a Foundation in Cyprus

Law
Foreign entrepreneurs looking to set up a foundation in Cyprus have to get familiar with the specific legislation for this type of organization in the country. Foundations in the island are regulated by the Charitable Foundations Law, Chapter 41. In this article, our lawyers in Cyprus explain a few aspects…
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Directors in Cyprus

Directors in Cyprus

Law
A director refers to an individual who serves on the board of directors of a corporation. Directors in Cyprus are elected by shareholders, representing interests and overseeing company management. Corporate directors have a vital responsibility in formulating strategic choices, establishing company policies, and guaranteeing the company's operations prioritize the well-being…
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Open a Financial Company in Cyprus

Open a Financial Company in Cyprus

Law
The financial sector in Cyprus is made of financial institutions such as banks, insurance businesses and other companies which activate in this field. The legal frame in the country which is related to the financial sector is in alignment with the rules imposed by the European Union. Our lawyers in…
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Divorce in Cyprus: Division of Assets

Divorce in Cyprus: Division of Assets

Law
Divorce procedures in Cyprus also take into consideration the division of assets, besides other aspects related to the alimony of the couple’s children. It is important to know that such aspects can be handled in a simpler manner, in the case in which the spouses signed a prenuptial agreement prior…
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Power of Attorney in Cyprus

Power of Attorney in Cyprus

Law
Cyprus is a very open country when it comes to foreign investors and these can perform various activities in this country without being required to come here. This is possible through a power of attorney granted to a trusted person, such as a lawyer in Cyprus or another relative. Our Cypriot lawyers can help foreign investors in performing…
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Marriage in Cyprus: Rights and Obligations

Marriage in Cyprus: Rights and Obligations

Law
Foreigners are allowed to get married in Cyprus, provided that they have made several steps for the marriage application. According to the Marriage Law, Cap. 279, in order to be able to marry here, the individual should personally apply for registration at the Town Hall. The marriage can take place…
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Relocate a Business to Cyprus

Relocate a Business to Cyprus

Law
As a member state of the European Union since 2004 and with a solid tax and legal system set in place, Cyprus has more than three decades of an international business hub experience. These make the island an attractive jurisdiction for a business entity to relocate. In this article, our…
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