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  • Article

    Support Measures And A €33 Million Cypriot Aid Scheme Deferring VAT Payments: State Aid Distorting Competition Or Not?

    The Coronavirus crisis has created exceptional circumstances and its related economic challenges have triggered the need foremergency actions to be taken by EU member states to deal with them
    CyprusCoronavirus (COVID-19)
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Travelling Under The New COVID-19 Era

    With the pandemic still ongoing and economic costs escalating significantly, governments are increasingly under pressure to design an appropriate strategy to phase out the restrictive measures...
    CyprusCoronavirus (COVID-19)
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Updated – Cyprus: Covid-19 International Flying Entry Requirements Effective 11/11/2021

    In accordance with an announcement issued from the Republic of Cyprus Government on the 08th November 2021 which took effect from the 11th November 2021 the Epidemiological Monitoring Unit of the Ministry of Health has issued a reassessment on the restrictions for flight travel to Cyprus.
    CyprusCoronavirus (COVID-19)
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Cyprus Companies And Tax Abuse: The Recent Amendments Introduced To The Income Tax Law And To The Special Contribution For Defence Law

    This article aims to explore and comment on the key amendments that have been introduced to the Income Tax law and to the Special Contribution for Defence law.
    CyprusCorporate/Commercial Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    The Legal Framework Governing Cyprus International Trusts

    A Cyprus International Trust ("CIT") is a legal structure through which an individual or legal person, known as the settlor, transfers assets to a trustee, who then administers those assets...
    CyprusCorporate/Commercial Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Answers To Key Questions On Child Support, Custody And Communication

    Do parents have a statutory obligation to support their minor child? The Law imposes a common obligation on parents to provide for their minor child, each according to his or her financial capacity.
    CyprusFamily and Matrimonial
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Recent Clarification By The Appeal Court Regarding The Matrimonial Property Of A Deceased Person

    The Family Court in Cyprus recently examined an interesting yet significant decision which affected the current practice as to the right of a surviving spouse to claim posthumously his/her contribution to the...
    CyprusFamily and Matrimonial
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Equity Investment As The Most Priority Method Of Financing

    Investment in a Cyprus company at the initial stages of development, self-financing or third-party investments at further stages of the company's development,as well as financing of related and unrelated parties ...
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    The Vindication Of The Borrowers In Cyprus And The Swiss Franc

    The mortgages based on Swiss Francs concern a substantial portion of purchasers of residential property in Cyprus.
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    The Whole Truth About Loans In Swiss Francs

    Were you told the truth by the Bank?
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Personal Injury: Slip And Fall Accidents

    Slip and fall accidents are considered to be one of the most common type of accidents. They can happen at any kind of premises such as supermarket stores, hotels and guest houses or even at the workplace.
    CyprusLitigation, Mediation & Arbitration
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Increase Of Property Rents In Cyprus: Permissible And Non-Permissible Limits

    It has been many times that my clients have expressed the question as to when and how the rental amounts increase. This question is voiced by both Landlords and Tenants of real estate.
    CyprusReal Estate and Construction
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Guidance From The European Commission's VAT Committee - VAT Treatment Of NFTs

    The European Commission's Working Paper No. 1060 (hereinafter the 'WP') of the EU Value Added Tax (VAT) Committee is a significant policy attempt in relation to the VAT treatment of transactions...
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Artificial Intelligence, Wealth Management, And Legal Science In Cyprus: The Future Is Already Here

    In recent years, we have been witnessing an unprecedented evolution: it is becoming increasingly clear that Artificial Intelligence (AI) will constitute an integral part of our lives – not only professionally...
    CyprusTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Guidelines On Reverse Solicitation By Third Country Firms Under Markets In Crypto Assets Regulation (MiCAR)

    The European Securities and Markets Authority (ESMA) has issued guidelines on situations where a third-country firm is deemed to solicit clients established or situated in the EU...
    CyprusTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    World Maritime Day 2020 "Sustainable Shipping For A Sustainable Planet"

    Every year the International Maritime Organization (IMO) celebrates World Maritime Day. The exact date is left to each Government to decide in regard to when the celebrations will take place.
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Mad II -EU Regulation (MAR) And Directive (CS MAD) As Protection Of Investors And Its Application To All Jurisdictions

    A Russian company is considered an issuer when it issues EU financial instruments, regardless of the number of such instruments.
    European UnionCorporate/Commercial Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Understanding The EU's 14th Sanctions Package And Its Implications

    The Council Regulation (EU) 2024/1745 (the "Regulation") amends Regulation (EU) 833/2014 and comprises the 14th EU sanctions package concerning restrictive measures related to specific activities.
    European UnionInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Global Terrorism Index 2024 Unveils Rising Threats And Financial Challenges

    The Global Terrorism Index (GTI) 2024, released by the Institute for Economics and Peace, highlights key trends in global terrorism. In 2023, terrorism-related deaths...
    GlobalGovernment, Public Sector
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    War In Ukraine: Impacts In Shipping

    The Russian – Ukrainian war, which began in February 2022 in Ukraine, has had a profound impact on global shipping and logistics, resulting in a range of consequences.
    UkraineTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC

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