EU–India: Key points of the free trade agreement
After many years of negotiations, the European Union and India have recently reached a preliminary free trade agreement aimed at facilitating trade flows, reducing tariffs, and simplifying customs procedures. The agreement covers markets that together represent around two billion consumers and encompasses goods, services, sustainability, and digital trade, with gradual implementation over an extended period.
New eProcurement system in operation in Cyprus
As of 3 February 2026, the new national eProcurement System is in operation in Cyprus, under the responsibility of the General Accounting Office of the Republic. The system forms part of the ongoing reform of the public procurement framework and replaces the previous electronic procurement platform.
SME Fund 2026: EU Support for Intellectual Property Protection
The European Union Intellectual Property Office (EUIPO) launched the SME Fund 2026, a grant scheme for small and medium-sized enterprises, on 2 February 2026 with a total budget of €60 million.
Cyprus as a strategic choice for highly skilled professionals
With a well-established non-domicile regime and the recent alignment of its immigration rules with the EU Blue Card Directive, Cyprus already stands out as one of the most attractive EU jurisdictions for highly skilled professionals. Furthermore, the February 2025 tax reform proposals, though not yet enacted, signal a commitment to enhancing an already competitive environment, …
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Cyprus introduces Foreign Direct Investment screening framework
In a long-anticipated move aligning Cyprus with European Foreign Investment Control standards, the Law on the Establishment of a Framework for Screening Foreign Direct Investments of 2025 [Law 194(I)/2025] has been published in the Official Gazette and will enter into force on 2 April 2026. The new regime introduces a structured screening process for foreign …
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Jurisdiction clauses under scrutiny – Lessons from CJEU’s SIL v. Agora
In February 2025 the Court of Justice of the European Union (CJEU) delivered its decision in Case C-537/23 SIL v. Agora, reshaping how jurisdiction clauses under the Brussels I Recast Regulation are interpreted and enforced. For Cyprus (Europe’s shipping hub and a regional centre for cross-border trade) the ruling has immediate implications. One-way (asymmetric) forum …
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Public Procurement Contracts: Amendments to the Law on Review Procedures
The House of Representatives has enacted the 2025 Law Amending the Procedures for Review in the Field of Public Procurement Contracts, which introduces substantial changes to the main Law of 2010 (Law 104(I)/2010). Increase of the financial threshold With the amendment of Article 3(d) of the existing provisions, the value threshold of contracts is increased …
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The European Accessibility Act (EAA): Key points for Financial Service Providers
The European Accessibility Act (EAA) introduced a harmonised framework across the EU to enhance access to key products and services for persons with disabilities. Cyprus transposed the EAA into national law through the Accessibility of Products and Services Law of 2024 (the “Law”), which came into force on 28 June 2025. This development has important consequences for …
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Trademark registration and brand protection in Cyprus
In today’s competitive business environment, safeguarding your intellectual property is just as critical as building it. A strong trademark is important for inspiring greater connection with consumers and leading to better performance over time. For businesses active in or connected with Cyprus, trademark registration is more than a formality; it is a key investment in …
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Why Cyprus is an ideal EU base for fintech startups
Fintech is booming in Europe, projected to surpass €171 billion by 2030, and Cyprus is making a bold name for itself. From e-money to crypto licensing, it offers the perfect balance of EU compliance, low bureaucracy and innovation support. Here’s why more fintech startups are calling Cyprus home. Why Cyprus attracts fintechs Cyprus has steadily …
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