Calling them twins would have may be an exaggeration, but for sure we could have “baptize” them sisters! We are of course talking about Cyprus and India! We are pretty sure that you look a bit stacked behind your screen, but grab a cup of coffee and
Don’t miss the boat!
Shipping Law relates to both to commercial shipping and pleasure boats and or vessels; both
sailing and power boats.
I have bought my Cyprus property and now I need to pay the community taxes. How do I pay community taxes in Cyprus? There are local authority taxes to pay which is for community services
Alternative methods allow resolving a dispute between the parties without going to court today. Thus, some categories of commercial disputes do not reach the standard court (litigation) proceedings, but are resolved in an alternative manner – through arbitration, a non- court dispute resolution process, where two parties come together to the agreement with the assistance of the arbitrator, who subsequently will issue the “arbitration award”, a legally binding decision upon the parties.
Property purchase is a large investment, and one that requires sound legal advice and support to safeguard your investment and interests, especially on the question how do I take delivery of my property?
The application for the issue of a Registration Certificate is submitted by a European Union citizen and family members who are citizens of a Member State, within four months from the date of entry into the Republic.
Small Cyprus and huge India share a common colonial history (India – 1858 – 1947; Cyprus -1914 – 1960), and the foundation of Cypriot and Indian Legal System is the Common Law, since both of the countries were British Colonies. Hence, the law in relation to contract, the Contract Law, Cap 149, was heavily influenced by the Common Law and identical to the Contract Law in India, the Indian Contract Act 1872, which reflects the principles of English contract law applicable in 1960.
Cyprus Professionals provide accurate and succinct advice in regards to how you set up a Cyprus Company, tailored to meet the specific requirements of each client. Local and foreign investors can have a company in Cyprus. These are the entities that you can form in the Republic of Cyprus. You can form a private or public company, cooperatives or commercial brands. Also, you can form a European company, a foreign company or European economic purpose group. Let us give you some more information about Cyprus company registration.
Cyprus is one of the most attractive islands in Europe and this is why many individuals choose Cyprus to be their second home and sometimes even their first home! The high education level, the low criminal rate and the Mediterranean weather allow Cyprus to be one of the top rated destinations.
Cyprus Immigration Law is governed by International law. It relates to the legal status of a person in another country. The requirements for immigration procedures vary from country to country. Each Government creates regulations in regards to how long a foreign national is allowed to stay in their country and what is required to allow him to visit/work or become legal citizens of the country.
In Cyprus, different procedures apply for work permits, temporary residency and permanent residency. Below, there is an analysis for each category:
This may be the answer for your wealth planning or wealth security aims!
One may start by admitting that, The Cyprus International Trust is an excellent tax efficient choice for individuals who contemplate to leave or rather secure the passing of their assets and or wealth, whether this be profit/non-profit making, to a person, legal or physical in accordance with their aims and wishes, be it a loved one, charitable organizations, NGOs, purpose business, and or even onto themselves as one or part of the body of beneficiaries of what will become their Trust.
Don’t you get a headache with the question: How do I pay for your utility bills in Cyprus?” There are business people and legal firms who can deal on your behalf and proceed with the payments needed. Next step? You just enjoy your investments in the island of Aphrodite. You will just need the documents below in order for you to get the work done:
Cyprus Professional Lawyers offer specialised Corporate & Commercial services on how to form a Cyprus company, and encompass an extensive array of different client sectors.
Human rights cannot be restricted without a proportional and legitimate reason. For example, for the reasons of a public health or a public safety some of the rights can be proportionally restricted. However, it should be noted that Human Rights are divided into two categories: qualified and absolute rights. By “absolute rights” should be understand those rights, which under no circumstances can be restricted, such as the freedom from slavery, freedom from torture and inhuman treatment, whereas qualified rights can be legally restricted by the authorities in case if there is a clash with public interests or public morality or safe, such as a freedom from speech and expression.
Legal firms provides custom legal services for Intellectual Property matters, aiming at the full protection of your ideas and intellectual property rights to the full extent of the Law.
International law, also known as public international law and law of nations, is the set of rules, norms and principles that aim to regulate mainly the relations between States. It provides normative guidelines and a common conceptual framework to guide states across a broad range of areas, including the law of sea, international criminal law and humanitarian law. Some of the sources of public international law can be found in the international conventions, such as the European Convention on Human Rights, agreements, treaties, article 38(1) of the Statute of the International Court of Justice, international customs and etc. However, it should not be confused with private international law, which is primarily focused on the conflict of laws and determination of which jurisdiction is applicable to the dispute.
When you are investing in Cyprus and or any other European destination, your Lawyer requests many documents naming them KYC ( Know Your Client) documents and here below we identify the KYC documents your service provider requests.
Alternative methods allow resolving a dispute between the parties without going to court today. Thus, some categories of commercial disputes do not reach the standard court (litigation) proceedings, but are resolved in an alternative manner – through arbitration, a non- court dispute resolution process, where two parties come together to the agreement with the assistance of the arbitrator, who subsequently will issue the “arbitration award”, a legally binding decision upon the parties.
We have lost count how many times we have heard ‘how do I sign a power of attorney?’ It is vital to ensure that your power of attorney is signed and certified correctly to ensure it will be valid for use in Cyprus.
Towards mitigating the threat of climate change and environmental degradation, European Commission proceeded with the establishment of the Green Deal. The end goal was to ensure competitive and resource efficient economies. Out of the 1.8 trillion euro in investments for the NextGenerationEU Recovery Plan, one third will finance the European Green Deal, in order to achieve zero net emissions of GHG by 2050 and decoupled economic growth from resource use. Cyprus, as member state of the EU, must be aligned with the aspirations of the Green Deal and move forward on decarbonising its energy sector and promoting investment in environment-friendly technologies. Cyprus has redirected its focus from being largely fossil fuel dependant to diversifying its energy landscape. The island has the highest share of fossil fuel dependency for energy generation, while also spending 8% of its GDP to support its electricity needs by way of heavy fuel oil and diesel. Increased investment in renewable energy sources along with research and innovation aim to build a zero-carbon country. Focus is being given on subsidising green initiatives and also on international companies ready to invest, specifically in solar energy.
Maritime is one of the most important pillars of the Cypriot Economy, with its contribution reaching 7% of the Gross Domestic Product, exceeding € 1 billion. Cypriot Shipping is currently following an upward trend, as new support measures / actions and flexible mechanisms have been implemented by the Cypriot Government as well as the Shipping Industry. These help to ensure that Cyprus is well positioned to remain a viable shipping centre with tangible prospects for further development. Since the establishment of the Cyprus Shipping Deputy Ministry in March 2018, the Undersecretary of Shipping has advanced a plan for restructuring the former Department of Merchant Shipping. This was aimed at making Cypriot Maritime Administration even more modern, efficient and flexible in services provided to Shipping companies.
Similarly with other countries, to secure the right to real estate in Cyprus, you need to go through a certain registration procedure so you can get Title Deeds in Cyprus. The document that confirms the ownership in relation to the immovable object is the Title Deed.
