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  • Article

    Cyprus Shipping Company | Update 2016

    The first step to be taken when registering a vessel under the Cyprus flag is to set up a Cyprus Shipping Company, which will acquire the vessel on its name.
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Never Too Early To Intervene: Court Revisits Third-Party Intervention

    The Cyprus Admiralty Court recently considered another application for intervention against the proceeds of the sale of a ship.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
Article

Tonnage Tax Regime

The tonnage tax regime represents a specialized taxation framework for shipping companies, fundamentally distinct from conventional corporate taxation models.
CyprusTransport
AGPLAW | A.G. Paphitis & Co. LLC
AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    An Admiralty Court Where English Can Be Used Is Established In Cyprus

    On 12 May 2022 the Cyprus Parliament enacted a law establishing a Commercial Court and an Admiralty Court in Cyprus. In the present article, we focus on the Admiralty Court.
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Carriage Of Goods By Sea: Principles Of Agency And Functions Of Bills Of Lading

    The Supreme Court's recent decision in Associated Agencies Limited v Roha Premicum [sic] Potato Limited considered the principles of agency and functions of bills of lading and provided a useful summary of this area of law.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Court Considers Application For Security For Costs

    The respondent, Delaford Trading Limited, was engaged in a separate action (20/12) in the Admiralty Court against the same ship for provision of bunkers and lubricants.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Greece v. Turkey, Maritime Conflict Over The Aegean Sea: An International Law Perspective

    Greece and Turkey, the two Aegean Sea neighbours, have a long tradition of confrontational relations.
    CyprusTransport
    A. Karitzis & Associates L.L.C
    A. Karitzis & Associates L.L.C
  • Article

    Notifications Under The Tonnage Tax Law

    The Department of Merchant Shipping ("DMS") has issued a number of Notifications giving guidance on its interpretation of certain aspects of the Merchant Shipping (Fees and Taxing Provisions) Law of 2010 ("the Tonnage Tax Law").
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Sanctions Relating To Vessels

    When advising on sanctions, the lawyer providing the relevant advice should be extra careful to cover all angles of the specific transaction.
    CyprusInternational Law
    Patrikios Legal
    Patrikios Legal
  • Article

    New Marine Accidents Investigation Regime

    The Marine Accidents Investigation Committee was established on December 19 2013 under the Marine Casualties and Incidents Investigation Law (2012).
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    I Bought A Superyacht. What's Next?

    The fascination of owning a superyacht is undeniable; luxury, freedom, and prestige. However, the legal intricacies that accompany this acquisition are often overlooked in the excitement.
    European UnionTax
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Tonnage Tax Order Provides Incentives For Environmentally Friendly Ships

    The shipping industry has for many years proved to be one of the most successful sectors of the Cyprus economy. It is the longest serving generator of foreign direct investment and contributes...
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Tonnage Tax Reductions - Provisions Of Green Incentives Programme

    In this respect, the tonnage tax of each vessel can be reduced up to 30% if they have proactively demonstrated measures to reduce their environmental print.
    CyprusTransport
    RSM Cyprus
    RSM Cyprus
  • Article

    Provisional Measures For The Operation Of Cyprus Ships During The Covid-19 Outbreak

    Pursuant to Circular 8/2020, the Deputy Ministry of Shipping has announced a number of urgent provisional measures in an effort to support shipping companies and owners of Cyprus registered ships.
    CyprusCoronavirus (COVID-19)
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Benefits Of Registering Vessels Under The Cyprus Flag

    Cyprus stands as a premier maritime hub, offering one of the world's most competitive ship registries. Its strategic position at the crossroads of Europe, Asia, and Africa, combined with a robust legal framework...
    CyprusTax
    Frangos Law
    Frangos Law
  • Article

    Developments In The Cypriot Offshore Oil and Gas Industries

    The reported existence of oil and natural gas reserves off the coast of Cyprus has prompted the Republic of Cyprus to introduce modern legislation to regulate the oil and gas sectors and to claim the Exclusive Economic Zone of the island in accordance with the United Nations Law of the Sea Convention.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The Cypriot Shipping Industry

    In April 2012, the Cypriot House of Representatives ratified the Maritime Labour Convention 2006 into the Cyprus national legislation.
    CyprusTransport
    Genshape Management Limited
    Genshape Management Limited
  • Article

    The English Language Is Being Introduced In Cases Of The Commercial Court And The Admiralty Court

    Prior to the commencement of the Law, the House of Representatives, voted to amend the constitution and in particular article 4(3), so as to allow...
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Cyprus Introduces Electronic Log Books For Cyprus-flagged Vessels Under SDM Circular 17/2026

    On 23rd June 2026, the Deputy Ministry of Shipping (SDM) issued Circular No. 17/2026, introducing a revised regulatory framework governing the use of Electronic Log Books (e-Log Books) on board Cyprus-flagged vessels...
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Loss Of Use Claim In Private Yacht Claims

    A recent judgment issued by the Admiralty Court of Cyprus is noteworthy for the judge's comments on the damages to which the claimant would have been entitled had he succeeded rather than the reasons for rejecting his claim.
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Showing 261–280 of 344 results

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