KYC is an acronym for “Know your Customer”, a term used for customer identification process as per Cypriot Legal System. The customer indemnification procedure is when banks and law firms obtain information about the identity and address of the customers. This process helps to ensure that banks’ services, as well as the Law offices, are not […]
The General Data Protection Regulation – GDPR – became mandatory starting on 25th of May 2018 by the European Parliament. G.Kouzali LLC notes that all Cyprus law firms should have the General Protection declaration which is governed by the provisions of Regulation (EU) 2016/679 of the European Parliament and of the Council on the protection of natural persons with […]
G.Kouzalis LLC notes that Cyprus benefits greatly from its strategic geographical position in the Eastern Mediterranean. As an EU member and a continually evolving international financial centre, Cyprus has become a central business hub attracting countless commercial endeavours, supporting essential partnerships and boasts unlimited untapped investment opportunities. Cyprus tax regime is one of the most […]
G.Kouzalis LLC notes that Cyprus is a well-established international business centre since the structure of a Cyprus company is very simple and straightforward. This reason favours investors seeking to establish companies in Cyprus Law firms. The company formation procedure in Cyprus under domestic law has a simple and straightforward structure. The procedure of Cyprus company formation includes the appointment of a […]
Kouzalis LLC notes that even though Cyprus is considered to be one of the most traditional countries in the European Union, with the 3rd highest rate of marriages (7.5%), compared to its statistics the number of marriages declined from 13.558 in 2016 to 13.062 in 2017. More specifically, civil marriages decreased from 9.632 in 2016 […]
What is like to be a law student? I had the same question before starting my LLB degree. Indeed, everyone can say that it is a new world, with its own distinctive language and culture. Studying law, in Scotland, has been a challenge for me, not only because of the Scottish accent which is indeed […]
Cyprus is the third largest island in the Mediterranean Sea (after Sicily and Sardinia) and has much to offer when looking for overseas property. Many will spend a considerable part of the year on this sunny island while others buy a property to invest, and additionally having a place to stay during the holidays. Recently […]
Once you have chosen your property in Cyprus, it is essential that correct due diligence is performed. It is vital that a Lawyer in Cyprus performs the due diligence and reviews this on your behalf to ensure your rights are protected. It is of the essence to state that employing a lawyer for due diligence, […]
In the centre of the village of Frenaros, you will find the old church of Archangel Michael, just behind the new church. The church is dated way back to the 12th century. The church was built during the Frankish period as it is indicated on the inauguration stone on the north wall. The church was […]
G KOUZALIS LLC, International law firm situated in Cyprus works with a vast number of committees throughout the Island of Cyprus. We are assisting committees in Cyprus, legally forming their committee, assisting them with their AGMS (annual general meetings), legal queries and of course, recovering legal fees from nonpaying owners through both court action and […]