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employment law
  The Republic of Cyprus has traditionally been a cultural melting pot situated on the edges of the eastern Mediterranean. Over time, it has become home to people of diverse religious, ethnic, and intellectual backgrounds from Europe, Asia, and Africa. This historical consistency has fostered vibrancy, productivity, creativity, diversity, and tolerance. Following its independence from...
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Rent control amendment act
Preface The 31st of January 2020 marks a memorable date for the legislative system of the Republic of Cyprus and the rental market. The date witnessed the introduction of much needed changes in the legislative system regulating the rental of properties in the Republic of Cyprus and introduced a mechanism enabling landlords to retain a...
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Cyprus company formation and maintenance
A company incorporated in the Republic of Cyprus retains various benefits, incentives and proactive advantages in comparison to other jurisdictions within Europe. Benefits may range from subsidies and optimal taxation to being positioned at the cross of Europe, Asia and Africa among many others provided at statutory, supranational or international level. Despite the numerous benefits...
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mfo tree
Establishing a Family Office in Cyprus Structure considerations and tax incentive schemes   The Idea Following a lifetime of generating income, a high net worth individual may encounter various impediments, problems and obstacles when attempting to establish and ensure the continuity of their legacy. These issues may manifest in the form of estate taxes, laws,...
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ubo register
The Department of Registrar of Companies and Intellectual Property announces that, following the Judgement of the Court of Justice of the European Union (CJEE) in joined cases C-37/20 and C-601/20, of November 22, 2022, access to the Register of Beneficial Owners for the general public is suspended as of the 23rd of November 2022.Furthermore according to...
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EMI in Cyprus
An Electronic Money Institution is financial organization which is authorized by the competent authority of a jurisdiction to issue and manage e-money of its users, in essence fulfilling the functionality of banking institution subject to various regulative norms. E-money represents a contemporary digital alternative to cash and paper-based finances. A holder of e-money can use...
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Η Δικηγορική εταιρεία Σ. ΑΝΤΩΝΙΟΥ & ΣΥΝΕΡΓΑΤΕΣ Δ.Ε.Π.Ε. δέχεται αιτήσεις για άμεση πρόσληψη ασκούμενου/ης δικηγόρου για το γραφείο της Λευκωσίας με τις προϋποθέσεις του Έργου για Παροχή Ευκαιριών σε Νέους Πτυχιούχους Νομικής, μέχρι 29 ετών.   ΑΠΑΙΤΟΥΜΕΝΑ ΠΡΟΣΟΝΤΑ:   – Πτυχίο Νομικής – Άριστη γνώση της ελληνικής και αγγλικής γλώσσας – Άριστη γνώση και χρήση...
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Conceptual OverviewA “Trust” is the operation by which the owner of property (hereinafter the “Settlor”) transfers the legal ownership or title of the aforementioned property to a trusted person (hereinafter the “Trustee”) whom in turn shall operate and manage such property for the exclusive benefit of the recipient designated by the Settlor (hereinafter the “Beneficiary”)....
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Will and Probate in Cyprus
Introduction A Will is the written declaration of a person, which states how and to whom will their wealth pass upon their death. The Cypriot Legislative System of Inheritance and Succession is influenced by the common law of England but also by the Ottoman system of vacant lands. The most important inheritance laws in Cyprus...
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As of June 1st, 2022, the Department of Registrar of Companies and Intellectual Property of the Ministry of Energy, Commerce and Industry in Cyprus has allowed access to the general public on the Register of Ultimate Beneficial Owners (UBOs) of Cyprus companies. Up to this point, access to the Register was only available to competent...
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