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  • Article

    "Seafarers: At The Core Of Shipping's Future"

    World Maritime Day was celebrated on 25th September 2021. What is important to highlight though, is the actual theme of this year as suggested by the IMO Secretary-General Kitack Lim...
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Cross Border Successions

    European Union adopted a Succession Regulation (EU) No 650/2012 in order to make cross border successions easier to plan and manage.
    CyprusWealth Management
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Posting Of Workers In The EU: Does It Really Safeguard Fair Competition And The Respect For Workers' Rights?

    The Posting of Workers in the Framework of the Provisions of Services Law of 2017 (L.63(I)/2017) and 2020 (L.158(I)/2020) and Regulations of 2017 (R.A.A.196/2017), which is fully harmonized...
    European UnionEmployment and HR
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    EU Regulation 269/2014 And The 50% Ownership Threshold Rule

    Through the enactment of Regulation 269/2014 (the "Regulation"), the European Union imposed restrictive measures in response to Russia's actions which undermine Ukraine's sovereignty.
    European UnionInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    AI Under The Rule Of Law: How The EU Is Pioneering Ethical Governance For Tomorrow's Technology

    In a groundbreaking move, the European Union has passed the EU Artificial Intelligence Act, the world's first comprehensive legal framework for AI.
    European UnionTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Turkey's Rapid Crypto Growth: Why Cyprus Offers A More Stable And Predictable Environment For Crypto Businesses

    Turkey has rapidly emerged as a significant hub for cryptocurrency companies, driven by a combination of economic factors and recent regulatory changes.
    GlobalTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    European Commission Announces 19th Sanctions Package Against Russia

    The European Commission has unveiled its 19th package of proposed sanctions against Russia, marking a further escalation in the EU's response to Russia's ongoing war against Ukraine.
    RussiaInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Family Foundation In Poland: A Revolutionary Solution For Asset Protection And Succession

    Imagine a legal structure that protects your assets from unexpected life challenges – from family disputes to economic crises – while ensuring smooth succession across generations.
    CyprusFamily and Matrimonial
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Parental Responsibility And Child Maintenance

    Parental responsibility as well as determining the amount of child maintenance for your child are among the most common and complex disputes which occur before the Family Courts.
    CyprusFamily and Matrimonial
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Can Banking Institutions Unilaterally Impose New Policies On Clients With Housing Loan Agreements?

    I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank.
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Shipping At The Spotlight Of Terrorism

    Japan's trade ministry reported, that the two oil tankers carried "Japan-related" cargo.
    CyprusGovernment, Public Sector
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    An Alternative Way To Do Business In Greece

    The Greek market has accepted Cyprus as the premier solution for structuring investments into Greece and choosing the appropriate partner, with detailed knowhow in both markets can lead an investment in a tax environment which is significantly more protected & favourable than normal.
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    VAT Rates For Buyers Of New Residential Properties

    The acquisition of new-build residential properties and the construction of private residences are subject to Value Added Tax (VAT) as per the provisions of the Value Added Tax Law (95(I)/2000).
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    EU Sustainable Finance Disclosure Regulation: The Integration Of Environmental, Social And Corporate Governance

    The European Parliament and the Council of the European Union has implemented, from 10th March 2021, the Sustainable Finance Disclosure Regulation ("SFDR") with direct effect on the Member States.
    European UnionFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Cyprus Introduces A New Digital Service For The Renewal Of Residence Permits Of Third-Country Nationals

    As part of its ongoing digital transformation, the Republic of Cyprus has introduced a new electronic service for the renewal of residence permits for third-country nationals. The new platform, launched on 6 July 2026, aims to simplify the renewal process, reduce administrative burdens, and provide a more efficient and user-friendly experience for applicants and their representatives.
    CyprusImmigration
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Submission Of Applications For The Cyprus EU Blue Card Is Now Open

    On August 1, 2024, the Aliens and Immigration (Amendment) Act of 2024 [L.111(I)/2024] was published in the Official Gazette of the Republic.
    CyprusImmigration
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Introduction Of Article 14B – A New Approach To Road Traffic Management

    Law 146(I)/2025 introduces a significant amendment to the road traffic legal framework in Cyprus through the addition of Article 14B to the Motor Vehicles and Road Traffic Laws.
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    European Arrest Warrant And Fundamental Rights

    In European Criminal Law, the European Arrest Warrant (the "EAW") represents the first and most significant effort to implement the principle of mutual recognition which is an essential concept in judicial cooperation,
    European UnionCriminal Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    EU Adopts 17th Sanctions Package Against Russia

    The European Union has adopted its 17th package of sanctions against Russia, intensifying efforts to restrict Moscow's ability to finance and sustain its war in Ukraine.
    European UnionInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Real Estate Auctions In Greece: NPL Resolution, E-Auction Procedures, And Foreign Investor Access

    In the aftermath of Greece's financial crisis, the country's banking sector accumulated one of the highest ratios of non-performing loans (NPLs) in the European Union.
    GreeceReal Estate and Construction
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC

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