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Acquisition of Immovable Property in Cyprus for Non-EU Nationals
If you are a non-EU national, holder of a non-European passport, or a non-citizen of the Republic of Cyprus, acquiring immovable property in Cyprus requires a special permit. This permit, governed by the Immovable Property Acquisition (Aliens) Law, Cap 109,… Read more
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Want to Convert Your Crypto Into Real Estate?
We would like to inform our Clients that we are in the competent position to assist them in purchasing / selling their immovable property (House, Flat, Plot, Land) using payments via cryptocurrencies. Around the globe, the current tendency for Companies… Read more
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Amendments to the Companies’ financial reporting duties
The Company Law Cap. 113 is about to undergo new amendments in relation to the Companies’ financial reporting duties, which will take effect in January, 2023. More precisely, the Parliament approved that Companies with less than €200,000 in turnover and… Read more
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Strategy for Attracting Businesses for Activities or/and Expansion of their Activities in Cyprus, known as “Business Facilitation Unit (BFU)”
Undoubtedly, Cyprus through the years implemented many attractive packages for Companies incorporating or establishing their business activities in its region. On the 01st day of January 2022, and by following a series of actions, the Government of the Republic of Cyprus… Read more
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Cyprus Digital Nomad Visa Scheme
The Cyprus Digital Nomad Visa Scheme (hereinafter referred to as the “Scheme”) aims to place Cyprus in the center of electronic services and to develop the Cypriot business ecosystem. Under the Scheme, nationals from non-EU or non-EEA countries are entitled… Read more
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Elements of a valid contract.
Based on article 10 (1) of Cap. 149 – Contract Law in Cyprus, contracts / agreements must have the following elements to be considered valid: ▪︎ Free will / consent of both Parties / capacity to contract;▪︎ Offer and acceptance;▪︎ Lawful consideration and lawful object (not being expressly declared by the Law as void);▪︎ Intention to… Read more
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Trade Names: overiew procedure of the registration.
Prior to registering a Tradename, a name application must be submitted with the Registrar of Companies (hereinafter referred to as the “Registrar”).The application based on the Registrar’s criteria, may be either accepted or rejected. Once the proposed name gets accepted, the Form “EE1” must… Read more
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Sale Agreement (Antiparochi): Quick Preview
“Antiparochi” (which is considered as an ordinary sale for the purposes of the Land Registry) is a very special transaction that is concluded among the Owner of an immovable property and a Developer who shall develop the real estate Project, in return of certain number of units to the Owner. For such a… Read more
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E-Auctions
Our Firm offers support for the participation of bidders in electronic auctions (e-auctions). With us, you can learn the steps you need to follow to register as a Bidder and to participate in online auctions. Call us at 99-550076 or email us at in [email protected] or [email protected] Read more