Law Articles

law-cyprus-attracting-business

Strategy for attracting business and talent in Cyprus Introduction of Strategy for attracting business Firstly, Ministry of Finance of the Republic of Cyprus. Further, he announce a new strategy for attracting business and talent  starting from January 2022. The strategy involves enhancement of already existing programs. Also, as introduction of new incentives for businesses already […]

law cyprus Combating Overseas Bribery

Overseas Bribery Combating I. Introduction to the Background of Anti-Bribery Law in the UK Although corruption and in overseas bribery in this country can trace back to the sixteenth century. Also, there was not any substantive law until the late 1970s. The financial services industry in the City of London both domestically. Further, internationally regulate […]

Traffic Light Cameras Operation in Nicosia g kouzalic llc cyprus paralimni larnaca nicosia limassol paphos

Traffic Light Cameras Operation in Nicosia The first Traffic Light Cameras in Nicosia are install and began to operate. Further, this in an attempt to protect and improve the level of road safety on the roads of Cyprus. However, there has been a huge percentage of road collisions in the last 5 years. From now […]

Central Bank of Cyprus regarding the completion of loan restructuring applications

Central Bank of Cyprus – Letter of the Governor regarding the completion of  loan restructuring applications According to the announcement and letter dated 30/09/2021 of the Governor of the Central Bank of Cyprus, Mr. Constantinos Herodotou. Further, he requests the Authorized Credit Institutions, as well as the Credit Acquisition Companies. Also, this to assist in […]

law cyprus foreign interest company

Foreign Interest Company and Fast Track Mechanism On 3rd of September 2020, the Council of Ministers of the Republic of Cyprus approve the creation of the Fast Track Business Activation Mechanism (“FTBA”). This for Foreign Interest Company. The purpose of the enactment of this mechanism. Further, this in conjunction with amendments to the immigration legislation […]