ArticleAmendments To Laws Relating To Sale Of Immovable PropertyOn the 12th of December 2023, Law 132(I) of 2023 was published, amending the Sale of Immovable Property (Specific Performance) Law of 2011 (Law 81(I)/2011).CyprusReal Estate and ConstructionG. Vrikis & Associates LLC
ArticleAmnesty Plan For Unauthorized Constructions In Immovable PropertyThe new Urban Amnesty Plan was approved by the Council of Ministers and it came into effect immediately for a period of only six months. Applications are officially accepted from 23/09/2024 until 23/3/2025.CyprusReal Estate and ConstructionG. Vrikis & Associates LLC
ArticleExtension Of Tax Incentives For Reduced RentThe tax incentives provided to landlords for the voluntary reduction of rent charged to tenants - companies whose activities have been suspended due to the COVID-19 pandemic have been extended for the 2021 tax year.CyprusReal Estate and ConstructionG. Vrikis & Associates LLC
ArticleRenting Property In Cyprus - Seven (7) Things To Be Aware Of When Negotiating A Tenancy AgreementTenancy Agreements, also commonly referred to as Lease Agreements or Rental Agreements, are typically a legal document which people tend to overlook or consider to be an easy-to-do agreement...CyprusReal Estate and ConstructionG. Vrikis & Associates LLC
ArticleRegistration Of Self-Service AccommodationsOn the 19.07.2021, the Ministry of Tourism announced the initiating of the process of submitting applications for registration of premises (villas, residences, apartments) in the Register of Self- Service Accommodation.CyprusTaxG. Vrikis & Associates LLC
ArticleEU Digital COVID CertificateOn the 9th of June 2021, the European Parliament and Council reached to an agreement regarding the implementation of a Covid-19 Certificate. European UnionCoronavirus (COVID-19)G. Vrikis & Associates LLC
ArticleOverview Relating To Communal Building Meetings During COVID RestrictionsDuring the course of the COVID-19 restrictive measures, one of the key enquiries by clients has been as to whether they can still validly convene their Annual Meetings (and Extraordinary Meetings)...CyprusCoronavirus (COVID-19)G. Vrikis & Associates LLC
ArticleCYSEC Risk-Based Approach Guidance For The Securities SectorThis Guidance highlights some of these risks depending on the securities products and services involved and the measures to be put in place to mitigate such vulnerabilities.CyprusCorporate/Commercial LawG. Vrikis & Associates LLC
ArticleUpdates On Matters For Violence And Harassment At WorkOn 11th of April 2025, the Law on the Prevention and Combating of Violence and Harassment in the Workplace L.42(I)/2025 came into force. The new legal framework aims at preventing and addressing all forms...CyprusEmployment and HRG. Vrikis & Associates LLC
ArticleDigital Nomad VISAThe Cyprus Digital Nomad Visa Scheme was introduced in Cyprus with effect from October 15, 2021, pursuant to the decision of the Council of Ministers.CyprusImmigrationG. Vrikis & Associates LLC
ArticlePermanent Residence And Work PermitsAs of the 27th May 2022, the Council of Ministers of the Republic of Cyprus has approved new Regulations governing immigration permits.CyprusImmigrationG. Vrikis & Associates LLC
ArticleTrademark Registration – Protecting Your Brand In Cyprus And BeyondA trademark is a type of intellectual property — a distinctive sign that identifies and distinguishes the goods or services of a person or business. It is sometimes referred to as a "brand identifier." CyprusIntellectual PropertyG. Vrikis & Associates LLC
ArticleAmendment To Procedures For Payment Of Stamp Duty.The Law Firm of G. Vrikis & Associates LLC would like to bring to your attention the recent change in the procedure of attaching stamp duties based on their value.CyprusTaxG. Vrikis & Associates LLC
ArticleLoans Between Related Parties To No Longer Have Minimum Acceptable MarginsBased on the announcement, the existing practice with the minimum acceptable margins will apply up to 30th June 2017, CyprusTaxG. Vrikis & Associates LLC
ArticleTemporary Tax Assessment 2019Interest on an overdue instalment of the tax is calculated at an interest rate of 5% per completed month.CyprusTaxG. Vrikis & Associates LLC
ArticleIntroduction Of New Rules Governing Derivatives On Virtual Currencies – CryptocurrenciesThe Cyprus Securities and Exchange Commission (CySEC) issued for the first time regulations regarding cryptocurrency, which can be found in Circular C417, ...CyprusTechnologyG. Vrikis & Associates LLC
ArticleRoad Traffic Accidents – Moving Cars After CollisionA recent amendment to Cyprus Motor Vehicles and Road Traffic Law (Law 86/1972) introduced through Law 146(I)/2025 and published on 25th of July 2025 brings important changes...CyprusTransportG. Vrikis & Associates LLC
ArticleEU Non-Conformity Letters For Posting Of WorkersThe EU Commission has sent letters of formal notice to 24 Member States, for non-conformity of national legislation with the Directive 2014/67/EU on the enforcement of Directive 96/71/EC concerning the...European UnionImmigrationG. Vrikis & Associates LLC
ArticleCourt Decisions On Amendments To LawNo new categories of insurable employment are created with the amendment, which cause an increase of cost to the Republic.CyprusGovernment, Public SectorG. Vrikis & Associates LLC
ArticleEU Sanction On Russia - OverviewSince 2014, European Union has progressively imposed sanctions against Russia in response to deliberate destabilization of Ukraine.European UnionInternational LawG. Vrikis & Associates LLC