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Legal Developments - Law Firm Thought Leadership by MICHAEL KYPRIANOU & CO

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Features of the Enforcement of Foreign Court Decisions in Ukraine

| May 22, 2026

In today’s environment of active international relations, the issue of recognizing and enforcing foreign court decisions in Ukraine has become particularly relevant. The growing number of international disputes involving Ukrainian companies and citizens in the areas of business, family, inheritance, and property law necessitates the creation of effective mechanisms for enforcing foreign court decisions within …

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Disputes Over IT Products and Software Code: Who Owns Them?

GOLAW | May 22, 2026

Yaroslav Baienko, Senior Associate at Litigation and Dispute Resolution practice at GOLAW, Attorney at law Introduction The Ukrainian IT industry faces a paradox: the technical complexity of products is increasing, while the legal framework governing relationships among development participants often remains at the level of “verbal agreements.” Typical triggers for conflicts include the breakdown of …

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The Verkhovna Rada has updated the competitive conditions for the development of renewable energy

GOLAW | May 22, 2026

On 10 February 2026, the Verkhovna Rada of Ukraine adopted in the second reading Law No. 13219 “On Amendments to Certain Laws of Ukraine on Improving the Conditions of Support for Electricity Production from Alternative Energy Sources” (the “Law”). The Law was developed to achieve the goals of the National Energy and Climate Plan until 2030 …

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Norwegian NIS Registration & Process Agent Services How AGPLAW Assists Shipowners in Structured Flag Transitions

AGPLAW | A.G. Paphitis & Co. LLC | May 22, 2026

The Norwegian maritime sector occupies a distinctive position in the global shipping industry. Unlike the large-scale shipbuilding jurisdictions of East Asia, Norway is not primarily associated with mass production of bulk carriers or container vessels. Instead, the country has developed a reputation for building technically sophisticated vessels designed for complex operational environments, particularly those connected …

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SOLAS Amendments on Container Loss Reporting New Mandatory Requirements from 1 January 2026

AGPLAW | A.G. Paphitis & Co. LLC | May 22, 2026

From 1 January 2026, important amendments to the International Convention for the Safety of Life at Sea (SOLAS) will introduce mandatory reporting obligations for the loss of freight containers at sea.

The European Artificial Intelligence Act in 2026

AGPLAW | A.G. Paphitis & Co. LLC | May 22, 2026

In June 2024 the European Parliament and European Council have adopted the Regulation (EU) 2024/1689, which will come in force in August 2nd, 2026.

The Gateway to Global Talent: Why UK Businesses Need a Sponsor Licence

Danielle Cohen Immigration Law Solicitors Limited | May 22, 2026

The landscape of UK recruitment has undergone a permanent structural shift. As domestic talent pools shrink, British businesses are facing severe, persistent technical skills shortages across vital industries like engineering, manufacturing, technology, and renewable energy. Compounding this challenge, successive government reforms—including the elevation of the Skilled Worker baseline to RQF Level 6 and increased salary …

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A Comprehensive Legal Analysis of the New Tax Framework in Force from 1 January 2026

AGPLAW | A.G. Paphitis & Co. LLC | May 22, 2026

As of 1 January 2026, Cyprus has implemented one of the most extensive tax reforms of recent decades. The reform was enacted through a package of amending laws published in the Official Gazette of the Republic of Cyprus and accompanied by official explanatory material circulated to professional bodies.

To register or not to register: Service agreements for managed office spaces under the registration microscope

Ahlawat & Associates | May 21, 2026

The consumption of real estate space has evolved significantly over time, particularly in the commercial segment. According to a report published by Cushman & Wakefield, India is a leading global player in the strength and maturity of flexible working spaces. It is therefore safe to state that flexible and managed working or co-working spaces represent …

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When rules change, it’s never just about the rules

Elias Neocleous & Co LLC | May 21, 2026

Whenever a new legislation is introduced, it is easy to assume that everything in business will suddenly change. In Cyprus, the first months of this year have brought two significant developments: a tax reform that came into force in January, and new foreign direct investment legislation that began applying in April. At first glance, these …

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