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  • Article

    Cyprus Shipping 2024 | New Green Incentives Programme

    The Cyprus Shipping Deputy Ministry recently announced a new ‘Green Incentives Programme', aiming to reward vessels which effectively reduce their greenhouse gas emissions.
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Cyprus Shipping: The Operation Of A One-Stop-Shop Centre

    As of Monday 20 November, Cyprus is initiating the one-stop-shipping centre at the Deputy Ministry of Shipping, starting with matters within the purview of the Civil Registry and Migration Department.
    European UnionTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Addressing Legal Challenges In The Competitive Business Arena

    Companies in Cyprus's dynamic business environment face a variety of legal challenges that have a substantial impact on their day-to-day operations and potential for future expansion.
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Lifting The Corporate Veil In Cyprus – The Common Law And Its Applicability In Cyprus

    In Cyprus, the lifting of the corporate veil is a legal doctrine that allows the courts to disregard the separate legal personality of a company and hold its shareholders or directors...
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Power Of Attorney In Cyprus

    A power of attorney can be either "general" or "specific". The main difference between the two is that the former allows the attorney to sign any document on behalf of the principal...
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The Importance Of Card Payments And Electronic Transactions For Cyprus

    The importance of card payments and electronic transactions for the Cyprus economy and its business environment.
    CyprusFinance and Banking
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The Benefits Of Registering A Ship Under The Polish Flag For EU – Based Shipowners

    Poland's growing maritime sector and EU membership make it an appealing choice for shipowners looking for stability and tax benefits.
    European UnionTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Employee Stock Ownership Plans (ESOPs) In Cyprus: A Comprehensive Guide

    In the context of modern business strategies, the concept of Employee Stock Ownership Plans (ESOPs) is a remarkable tool for encouraging a symbiotic relationship between employers and employees.
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Government Issues New Tax Scheme To Attract Foreign Employees & Companies To Cyprus

    The Cabinet of Ministers on the 10th of May 2022, approved a new tax incentive scheme aimed at attracting foreign companies to relocate their headquarters/offices to Cyprus and also to attract high-skilled foreign employees.
    CyprusEmployment and HR
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Making Wills In Cyprus

    Under Cyprus law, a will is a written document in which a person, the testator, decides and specifies how their estate will be managed and distributed after death.
    CyprusFamily and Matrimonial
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Cyprus Crowdfunding: An Established Form Of Alternative Finance

    Hyper-connectivity of our world defines our era. As a result of this hyper-connectivity, digital markets and services are rapidly growing, thus facilitating people and organizations to conduct business anywhere, anytime.
    CyprusFinance and Banking
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Cyprus Digital Nomad Visa

    The "Cyprus Digital Nomad Visa" Scheme allows nationals from non-EU and non-EEA countries, who can perform their work location-independently using telecommunications technology
    CyprusImmigration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    May 2023: Revision Of The Permanent Residency Rules In Cyprus

    In March of 2021, the Cypriot government made revisions to Regulation 6(2) of the Aliens and Immigration Regulations, with the aim of attracting foreign investments to the island.
    CyprusImmigration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Litigation Success | Supreme Court Appeals

    On March 9 of 2022 the honourable judges of the Supreme Court delivered judgment on two appeals brought by our seasoned team of Cyprus Lawyers.
    CyprusLitigation, Mediation & Arbitration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Procedural Succession In Cyprus Courts

    Procedural Succession is a crucial element in Cypriot litigation, particularly in financial and commercial disputes across multiple jurisdictions.
    CyprusLitigation, Mediation & Arbitration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Cyprus & Netherlands Double Tax Treaty

    Finally, after what seems to have been quite a delay, on June 1, 2021, the Republic of Cyprus and the Kingdom of the Netherlands signed the treaty on the Elimination of Double Taxation.
    CyprusTax
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Paris MoU Whitelist | The Remarkable Rise Of The Cypriot Ship Registry

    The adoption of the new performance lists for Flag States and Recognized Organizations was approved during the 56th meeting of the Paris MoU committee and will enter into force on the 1st of July 2023.
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Shipping FAQ's | The Cyprus Flag In Shipping

    The Cyprus flag is considered to be a reputable flag in the shipping industry. Cyprus has a well-established maritime legal framework that is based on international standards...
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    MiCAR Unveiled: A Game-Changing Regulation For Crypto In The EU

    The Markets in Crypto-Assets Regulation (MiCAR) was officially adopted on 31 May 2023. The new Regulation, which is part of the European Commission's Digital Finance Strategy...
    European UnionFinance and Banking
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The Unified Patent Court Brings Together An Efficient Framework For Patent Litigation At The European Level

    The UPCA can be ratified by seven further EU Member States which have already signed it. Any of the remaining EU Member States could still accede to the Agreement...
    European UnionIntellectual Property
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC

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