The Cabinet has approved on Wednesday the Cyprus Startup Visa, a scheme aiming at attracting investments from third countries to Cyprus in the fields of innovation and research. In statements after the meeting, Undersecretary to the President Constantinos Petrides said that this scheme concerns individual investors and groups of investors who will be in a …
Russia and Cyprus have agreed to postpone a change to how capital gains from shares in Russian companies with substantial immovable property portfolios are taxed. A change to the territory’s bilateral double tax agreement was proposed to be in place this year, to tax capital gains at source. Previously the two countries signed a Protocol …
Cyprus, Russia Defer Key Double Tax Treaty Change Read More »
Arbitration is an alternative method of dispute resolution. This method is a quasi-judicial process directed by an independent arbitrator who acts as the judge. The appointed arbitrator bilaterally accepted by both parties (usually creditor & debtor) acts in his capacity accordingly and is usually a lawyer of some expertise. The parties assign the dispute to …
Arbitration Law in Cyprus and the Enforcement of the Arbitration Award Read More »
The division of a piece of land into various separate plots constitutes an important procedure which is subject to town-planning restrictions on the land, requirements set by the law on immovable property and the approval of the Director of the Land Registry. Where the land is co-owned, the written consent of all co-owners is required …
Legal ethics are the rules governing the conduct of all persons engaged in the practice of law, and are adopted by all Countries. Cyprus’s rules on legal ethics were coded in 1966 for the first time. The first commitment of a Lawyer is to hold a neutral stance towards all parties and always act in …