Here are the answers to some frequently asked questions about ship registration in Cyprus. 1.Is parallel registration of a ship possible in Cyprus? In case of a provisional registration (prior the permanent registration) it is mandatory to delete the boat from the flag of another state. For the provisional registration a Certificate of Deletion of the… Read More
Citizens of the European Union have the right to move freely work and reside in any Member State of the EU under the DIRECTIVE 2004/38/EC (thereto ‘Citizenship Directive’) In the scenario of a no deal situation between the European Union and the United Kingdom then the Citizenship Directive will not be in force. The critical… Read More
As at July 2019. I am publishing this article as additional guidance to our clients that operate a bank account through a company in Cyprus or wish to open a new one. I have divided my article to two main headings. Opening a bank account with a commercial bank and Opening a bank account with… Read More
Many companies and high net-worth individuals examine the regulatory and legal framework of other EU jurisdictions in view of Brexit. Brexit and Cyprus. Cyprus even though a small economy, provides unique advantages and may be ideal as business base of a company that will leave the UK due to Brexit. Moving your business from UK to… Read More
Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2019. The settlement of the annual duty should ONLY be done through JCCSmart website through the following link: https://www.jccsmart.com/ For any questions please contact our law firm at office@lawyer.com.cy
The Cyprus Companies Law was amended in December 2018 by the House of Representatives (Law 149(I)/2018) . Certain changes came into force at of the date of publication of the amending law; whereas others come into force by the end of 2019 or upon announcement with more guidance from the Cyprus Registrar of Companies. The… Read More