Cyprus and Greece are well known active seafarers from ancient times when they dominated the waters of the Mediterranean Sea.

In recent days, we have witnessed discussion taking place with regard to the proposed amendments to the law of VAT on Properties.

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...

A Fast-Track Business Activation policy has been recently implemented by the Cyprus Government aiming to support companies wishing to set-up or further expand their operations in Cyprus.

The European Commission President, Ursula von der Leyen, recently referred to a planned "28th Regime" for innovative companies.

A person's Will is a written declaration of his/her intention regarding the way he/she wishes to dispose of his/her movable and immovable property after his/her death.

On 26 June 2025, Cyprus enacted the Transfer and Mortgage of Immovable Property (Amendment) Law of 2025, No. 110(I)/2025 (Official Gazette No. 5045, 4.7.2025)...

In an attempt to attract foreign investments to the Island and help economic growth, the Cyprus government in March 2021 revised Regulation 6(2) of the Aliens and Immigration Regulations.

An artist's resale right enables artists and their heirs to retain a share in their work as it increases in commercial value.

The operation of recognition, registration and enforcement of arbitral awards in Cyprus is governed by a framework of three distinct yet complimentary pieces of legislation that comprehensively cover this field, set out below.

Mergers and Acquisitions (M&A), are undoubtedly complex transactions that involve extensive and meticulous evaluation of financials, strategic alignment, and operational and legal synergies.

Owners of real estate properties, which fall under the scope of the "Rent Control Law of 1983 (23/1983)" as amended (the "Rent Control Law"), are entitled to raise rent rates to their tenants...

The spread of the COVID-19 virus and its proclamation as a pandemic by the World Health Organization has brought us to the threshold of unprecedented situations ...

Administration of an estate of a loved one that has passed away is a very delicate matter that needs to be dealt with high proficiency and discretion.

Cyprus has emerged as a leading jurisdiction for international investment, primarily due to its tax regime, which is one of the most favorable within the European Union.

Cyprus has had a modernised and stable tax system for decades. The latest tax reform was back in 2002, over two decades ago.

The Cyprus Tax Department has issued new guidance strengthening due diligence requirements for financial institutions under DAC2/CRS, specifically targeting potential misuse of Citizenship by Investment and Residence by Investment schemes. Financial institutions must now implement enhanced verification procedures to ensure accurate reporting of account holders' tax residency, with immediate application to new clients and a six-month compliance window for existing accounts.

In this article, Savvas Savvides answers some frequently asked questions about the issue of tax residence in Cyprus.

Ship arrest is a complicated area of civil law which may well vary in different jurisdictions. In Cyprus, ship arrest is enforced by the Administration of Justice Act Part 1 of the Arrest Convention in 1952, ...

In response to geopolitical tensions between Russia and Ukraine, the European Union adopted Regulation 833/2014 (the "Regulation")...