New Cyprus Civil Procedure Rules come into force
New Cyprus Civil Procedure Rules come into force In a move set to significantly reshape the legal landscape in Cyprus, the new Civil Procedure Rules are due to come into force on the 1st of September 2023. These new regulations will apply to all cases filed after this date, marking a watershed moment in Cypriot […]
Cyprus Boosts Investment Appeal With New Fast-Track Strategic Investment Law
Cyprus Boosts Investment Appeal with New Fast-Track Strategic Investment Law A new law fast-tracking ‘strategic investments’ in Cyprus was ratified by the House on Thursday 13 July 2023, with the aim to reinforce Cyprus’s position as an attractive investment destination. The new legislation, initially proposed by the prior government, enjoyed a robust backing, with 34 […]
Guide to Acquiring a Class 2 License with CySEC
Guide To Acquiring A Class 2 License With CySEC In an era where financial and investment services increasingly shape the global economy, having a strong regulatory framework ensures the integrity, efficiency, and security of these markets. In Cyprus, the Cyprus Securities and Exchange Commission (CySEC) serves as the watchdog of the investment industry, safeguarding investors […]
A Comprehensive Legal Guide to Starting a Business in Cyprus
A Comprehensive Legal Guide to Starting a Business in Cyprus Cyprus offers an ideal business environment that attracts entrepreneurs from all over the world. This Mediterranean island has become a hub for international business due to its strategic geographical location, favorable tax regime, and a high level of professional services. This article will provide a […]
Inaugural ‘Cyprus Arbitration Day’ Seminar 2023
Inaugural ‘Cyprus Arbitration Day’ Seminar 2023 Cyprus recently hosted its first-ever ‘Cyprus Arbitration Day: Arbitrating Disputes in the Middle East at Times of Dynamic Geopolitical Changes’. The seminar was organized by the Cyprus Arbitration Forum in Limassol, Cyprus. The seminar created an exciting opportunity for arbitrators, legal practitioners, academics, and business professionals internationally to probe […]
Arbitration Cyprus – Enforcing Foreign Arbitral Awards: A Comprehensive Guide
arbitration cyprus – Enforcing Foreign Arbitral Awards: A Comprehensive Guide In the fast-paced world of international trade and commerce, disputes are inevitable. Many businesses turn to arbitration, a form of alternative dispute resolution, to resolve disagreements efficiently and fairly. This article provides a comprehensive guide on enforcing foreign arbitral awards in Cyprus. Table of Contents […]
Inheritance and Estate Planning in Cyprus: Navigating the Legal Process
Inheritance and Estate Planning in Cyprus: Navigating the Legal Process Inheritance and estate planning are essential processes that ensure the proper distribution of one’s assets and property after death. Cyprus, a popular destination for retirees and investors, offers a favorable legal environment for managing estates. This article provides an overview of the inheritance and estate […]
Guide to the Updated Criteria for Cyprus Permanent Residency
A Comprehensive Guide to the Updated Criteria for Cyprus Permanent Residency On April 27, 2023, the Civil Registry and Migration Department (CRMD) of the Republic of Cyprus announced new requirements for submitting Permanent Residency (PR) applications under Regulation 6(2) of the Aliens and Immigration Regulations, effective from May 2, 2023. Under Regulation 6(2) non-Cypriot, non-EU […]
Unveiling Tax Incentives in Cyprus for Global Investors
Unveiling Tax Incentives In Cyprus For Global Investors Cyprus, a beautiful island nation located in the Eastern Mediterranean, has long been an attractive destination for foreign investors. Its strategic geographical position, favorable tax regime, and robust legal framework make it a popular choice for businesses and individuals seeking investment opportunities. This article delves into the […]
Employment Law in Cyprus: What Employers and Employees Need to Know
Employment Law in Cyprus: What Employers and Employees Need to Know Cyprus, a European Union member state, has a well-developed legal framework governing the employment relationship between employers and employees. Understanding the key aspects of employment law in Cyprus is essential for both parties to ensure a harmonious and legally compliant work environment. This article […]