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  • Article

    The Chabra Jurisdiction In Cyprus Courts

    The landmark case TSB Private Bank International SA vs. Chabra [1992] 1 WLR 231, established what we now refer to as 'Chabra jurisdiction'. This case involved TSB (the claimant bank) and Mr. Chabra (the defendant).
    CyprusLitigation, Mediation & Arbitration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    When The Prerogative Writs Of Certiorari And Prohibition Are Issued In Cyprus?

    Article 155. 4 of the Constitution provides exclusive jurisdiction to the Supreme Court to issue prerogative writs including certiorari and prohibition.
    CyprusLitigation, Mediation & Arbitration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Foreclosure Moratorium Set To Stay

    It is reported in the Cyprus media that the President Nicos Anastassiades signed the foreclosures law on Thursday December 8th 2022, almost two weeks after he referred it back to Parliament.
    CyprusReal Estate and Construction
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    3 Key Considerations In Establishing Your Virtual Currency Investment Fund

    With the ever-increasing popularity of cryptocurrency exchanges around the globe it seems that the use of virtual currencies is only set to become the norm in the future.
    CyprusTechnology
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The Shipping Limited Liability Company Law Of 2022 – Cyprus

    On October 6th, 2022, the Cyprus Parliament approved the "Shipping Limited Liability Company Law of 2022". Under this law, a new corporate entity is created, in the form of a limited liability...
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Investing In Technology And The Midas List

    Midas was an ancient King who was cursed, so that whatever he would touch would literally turn to gold. Henceforth, in modern day language, a person that has the "Midas touch" is universally...
    GlobalStrategy
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Russia Moves To Terminate Netherlands Tax Treaty

    Awaiting decision with regards to the denunciation by the Russian government of the Double Tax Treaty with the Kingdom of Netherlands- potential consequences.
    GlobalTax
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    CySEC Introduces Its Regulatory Sandbox

    An online event was held on June 11, 2024, by the Cyprus Securities and Exchange Commission (‘CySEC') for the launch of its Regulatory Sandbox.
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    AMLA: Strengthening Europe's Fight Against Money Laundering

    Over the past decade, we saw the European lawmakers becoming more and more diligent in matters related to money laundering and terrorism financing.
    CyprusGovernment, Public Sector
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Different Types Of Cyprus Residency Programmes

    Cyprus offers a fairly wide range of residency programmes, which apply to non-EU nationals.
    CyprusImmigration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    What Are The Pros And Cons Of Corporate Liquidation In Cyprus?

    During these difficult times, both SMEs and mutli-national businesses face financial struggles including cash flow shortages and decreased revenue.
    CyprusInsolvency/Bankruptcy/Re-Structuring
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Life Insurance In Cyprus

    Life insurance is a contract between an insurance policy holder and an insurance company, in which the insured agrees to pay a life insurance premium (amount of money paid to the life insurance company) and in return...
    CyprusInsurance
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Luxury Law 2022 Cyprus Guide

    The principal sources of law and regulation governing the registration and protection of trademarks in Cyprus are the Cyprus Trademarks Law, Cap. 268 and the Trademarks Regulations, as amended.
    CyprusIntellectual Property
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The Rise Of Patent Litigation In Cyprus After Brexit

    Cyprus' commitment to the common law may result in a major potential position for settling patent disputes now that Britain has voted for Brexit.
    CyprusIntellectual Property
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Cypriot Power Of Attorney And The Ongoing Challenges With Its Contents

    In Cyprus, several documents exist by which powers are vested to different persons (physical or legal) to carry out certain activities.
    CyprusLitigation, Mediation & Arbitration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    A New Era – Non-Fungible Token

    NFT is short for Non-Fungible Token and is currently notoriously capturing the world of digital art and collectables. However, it continues to cause confusion and frustration to the world as it is a new category of commerce.
    CyprusTechnology
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Next Generation Money Laundering Trends Of 2023

    "A RegTech assists a bank, credit union, or other financial institution by using technological advancements in data mining, artificial intelligence, blockchain, Machine Learning...
    CyprusTechnology
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    CJEU Upholds DAC6: A Validation Of Cross-Border Tax Disclosure Obligations

    On July 29, 2024, the Court of Justice of the European Union (CJEU) upheld the validity of the Council Directive (EU) 2018/822, commonly known as DAC6...
    European UnionTax
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    The "Turkaegean" Trademark Dispute: Greece vs Turkey

    The recent decision by the European Union Intellectual Property Office (EUIPO) in January 2025 to cancel Turkey's "Turkaegean" trademark marks a significant victory for Greece in protecting its cultural and economic...
    GlobalIntellectual Property
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Changes In UAE Corporate Taxation Are Imminent

    According to reports from the UAE government, and as reported in the UAE national press extensively, the federal tax on corporations and business profits will come into effect for financial years starting on or after June 1, 2023.
    United Arab EmiratesTax
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC

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