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The Merchant Shipping (Fees and Taxing Provisions) Law of 20101 imposes a surcharge on the tonnage tax payable regarding qualifying vessels registered in countries which appear on the 'grey list' or 'black list' of the Paris MOU.

In a strategic shift, the EU has put key sustainability reporting rules on hold, including the ambitious Corporate Sustainability Reporting Directive (CSRD).

On 20 April 2021, partner Andrea Kallis participated in the above seminar which was hosted by the Great Britain and Cyprus Business Association.

The Security of Networks and Information Systems Law, Number 17(I) of 2018, implements articles 8 and 9 of EU Directive 2016/1148 on measures to achieve a high common level of security ...

As expected, at its meeting on 27 January 2015 the Council of the European Union adopted a directive amending the EU parent-subsidiary directive (2011/96/EU) by adding an anti-abuse clause.

In 2017 Cyprus introduced an additional route to tax residence for individuals.

The Ministry of Finance has formally announced that the negotiations on the double tax agreement between Cyprus and India were successfully concluded on June 29 2016, confirming earlier reports in the Indian press.

Costas Stamatiou was one of a distinguished roster of speakers at the ICC International Financial Crime Forum held in Malta on 5 and 6 June 2013.

Head Partner of our Brussels office, Nikos Korogiannakis, and Koralia Kontou, lawyer at our Brussels office, have recently published an article in the Cyprus Mail, on the issue of whether the EU...

Mr. Glykis, continuing from a previous article on issues of e-justice published in the same newspaper, draws our attention to the fact that the long delays in the administration of justice

A new law enacted last month has simplified the process of finding official translators for court cases involving non-Greek speakers which will ensure that translation objections are not a cause for cases being rejected.

Towards the end of 2012 Parliament enacted a number of amendments to the tax and company laws, which are aimed to streamline the administrative procedures and to meet the government's joint commitment to the European authorities and the IMF.

The Department of Merchant Shipping recently issued guidance regarding the use of electronic oil record books on board Cyprus-flagged vessels...

The Amending Law 100(Ι) of 2009 makes a number of important changes to Cyprus’s Banking Law.

Prior to independence, Cyprus was a British colony and much of its legal system derives from English law.

The double taxation agreement between Cyprus and the United Arab Emirates took effect on 1 January 2014.

An announcement on the website of the Ukrainian Ministry of Finance provides more details of the protocol's amendments.