Opening a travel agency in Cyprus.
Cyprus is an ideal destination for EU citizens to open a licensed travel agency due to the favourable conditions, low license fee and low cost of living in general. The...
What is an Anton Piller order?
An Anton Piller order, also known as a search order, is an order of a Court requiring one party (Respondent) to allow the other party (Applicant) to enter the Respondent’s...
Cyprus Investment Firms (CIFs) – Snapshot.
Regulation. Cyprus Investment Firms (CIFs) are regulated by the Cyprus Securities and Exchange Commission (CySEC), under the CIFs and Investments Firms Law. The CIFs that offer the services that are listed in Appendix 1 must obtain...
Cyprus citizenship by marriage.
Conditions that must be met in order to file an application for acquiring Cypriot citizenship based on marriage with a Cypriot. An application can be submitted by foreign spouses of...
Extension of the deadline of the special government levy of companies until 31/12/2020.
The obligation to pay the company’s special government levy payable every June is suspended and is transferred on the 31th of December 2020. The Companies Law (Amendment) (No. 2) Law...
The effect of COVID-19 on the GDPR – Working Remotely.
Introduction The measures that must be taken to slow the spread of the Covid-19 will inevitably cause disruption for most organisations. The new reality imposed by the current health crisis means...
COVID-19: Relief measures as regards companies deciced by the Registrar of Companies – 23/03/2020
In the context of the measures taken by the Cyprus government to support the companies/businesses that have been negatively affected by the outbreak of COVID-19, the Registrar of Companies and...
Sample letters for loan suspension request at the Commercial Banks.
According to Decree 134 of the Minister of Finance dated 30/03/2020 (available in the link below) Legal entities and natural persons may request suspension of loan installments. To facilitate borrowers,...
