PKF Cyprus Nicosia office is excited to announce the launching of PKF Cyprus legal services division.

The negative impact of late payments can be much more significant in the aftermath of the Covid-19 pandemic, with businesses already struggling to remain profitable and competitive.

As a general rule, a company is recognised in law as a separate legal person, distinct from its shareholders and directors. This means that the company itself can own assets, enter into contracts...

In Cyprus, lease agreements for real estate that extend beyond 15 years can be registered with the Department of Land and Surveys. Once registered, the agreement grants a real right to the tenant...

The Council Directive 93/13 EEC on unfair terms in consumer contracts has as an objective to ensure a high level of consumer protection.

Without a doubt, Global Mobility was the most positive outcome of the pandemic, a new door opened for great opportunities for Remote workers around the world and for companies...

According to Article 11 of the "Unfair Commercial Practices Directive" 2005/29/EC Member States shall ensure that adequate and effective means exist to combat...

These injunctions are typically applied for without notice, i.e. without the presence of the opposing party (ex-parte), relying heavily on the applicant's presentation of urgency and the merits of their case.

Opening a bank account in the EU has become very challenging in recent years due to the enhanced due diligence and KYC procedures.

In complex commercial disputes, failed transactions, aborted investments and non-satisfied conditions precedent are increasingly common.

Prior to considering the nature, effect and legal implications of so-called retention (or reservation) of title clauses, it would perhaps be prudent, for contextual purposes...

The modern law of the Republic of Cyprus has its origins in a wide variety of different legal systems reflecting the island's turbulent historical past prior to its gaining independence in 1960.

Signing a contract is often a critical step in both personal and professional dealings

Much has been written about Israel's growing trade with the Gulf States following the signing of the Abraham Accords in 2020, but next door Cyprus has been moving along steadily...

In today's globalised economy, businesses often seek favourable environments to expand their operations and optimise their corporate structures. Cyprus, known for its strategic geographical location and business-friendly regulations...

Floating charges serve as a vital financial tool in Cyprus, allowing businesses to secure loans while retaining the flexibility to manage their assets. Here's a concise overview of their key features and implications:

When buying property in Cyprus, registering the purchase agreement with the Land Registry is a crucial step that safeguards your investment and provides significant benefits.

From the 15th March 2024, a new set of legal provisions started to apply whenever a Cyprus Company is converted from a Cyprus company to one of the companies of the Member States of the European Union...

The case involved a claim for lost profits by a Cypriot Company which had submitted a bid for the supply of legal publications but was not awarded the contract...

The modern law of the Republic of Cyprus has its origins in a wide variety of different legal systems reflecting the island's turbulent historical past prior to its gaining independence in 1960.