Cyprus Makes Waves in Decarbonising Shipping
Cyprus introduced tax cuts in January to incentivise shipping companies towards energy efficiency and use of alternative fuel, ultimately aiming for Green House Gases reduction. The measures are part of a wider debate juxtaposing international and local decarbonisation regulation.
NEW RULES EXPANDING THE CROSS-BORDER MOBILITY OF EU COMPANIES WITHIN EU – DIRECTIVE (EU) 2019/2121
Introduction The freedom of establishment, one of the fundamental principles of Union law, allows for the mobility of businesses within the EU. Up until the entry into force on the 1st of January 2020 of the new Directive (EU) 2019/2121 on cross-border conversions, mergers and divisions (hereafter “the 2019 Directive”) one could argue that the harmonisation …
MAPing taxes: How to protect international investors in an unsettled tax world
Based on the data from the Organization for Economic Co-operation and Development (OECD), the world economy should say “gracias” to multinational enterprises (MNEs) for approximately 50% of the global exports, 33% of the world’s GDP, and 25% of the global employment. Huge amounts of capital moving back and forth between MNEs have eventually appeared on …
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Decarbonising Shipping: A Review of IMO and EU Regulation
Decarbonising shipping is essential, expensive, and complicated. Regulation is key to achieving the task, and which regulation prevails will determine shipping companies’ strategies for decades to come.
Homestay License Requirements
This article outlines the requirements, application procedure, timeline, and official fees concerning the homestay license.
UFO clothing licensee restrained from use of acronym “Under Fourteen Only” (UFO)
The Plaintiff, UFO Contemporary, INC, filed action against the Defendants, Creative Kids Wear (India) Pvt. Ltd. and Ors, alleging trademark infringement and passing off to restrain the latter from using the mark UFO in relation to manufacturing and marketing of clothing. The suit is a result of falling out between the parties on use and …
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The issuance of a charging order and an order for sale of the charged asset.
The issuance of a charging order comprises an alternative means of enforcement which is accompanied by an order for sale of the charged asset under the Law on Charging Orders of 1992 (31 (Ι)/1992) (the Charging Order Law). In accordance with the Charging Order Law, the judgment creditor (the Creditor) is entitled, for the purpose of enforcing …
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SCENARIOS FOR FINANCING BASIC SANITATION PROJECTS IN BRAZIL
The pressing need for investments in basic sanitation in Brazil makes it necessary to seek structured financing mechanisms to meet the requirements of investments in works for the sector. According to data released in 2020 by the National Sanitation Information System – SNIS, 16% of the Brazilian population, or approximately 35 million people, have no …
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Cyprus, a “bonus stage” in the gaming business world?
Cyprus has long been an established hub for international business and recent years have seen an increasing number of tech companies and start-ups choosing Cyprus for their regional headquarters from where to service clients in, amongst others, Europe, Middle East and North Africa. In addition to being established as a safe and reliable jurisdiction, Cyprus …
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Trademark Registration in Malta and the EU
With the ever-growing influence that technology has on our lives, and the radical increase in screen time, the use of brand identifiers and marks has become more vital than ever. The growing competition between established enterprises and start-ups alike for a couple of minutes of consumer attention has continued to grow. The number of EUIPO trademarks continues …
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