Facebook data and privacy. Important Judgment of the Court of Justice.
Judgment in Case C-362/14 Maximillian Schrems v Data Protection Commissioner Luxembourg, 6 October 2015 The Court of Justice declares that the Commission’s US Safe Harbour Decision is invalid Whilst the...
New tax changes attract foreign investment. Tax Alert, August 2015
The House of Representatives voted on the 9th of July 2015 a number of significant tax law bills into laws in an effort to modernize the Cyprus tax system and...
How to perform a civil marriage in Cyprus.
Civil marriages in Cyprus are governed by the Marriage Law (N. 104(I)/2003). Civil marriages can take place between Cypriot citizens, Cypriots with foreigners and between foreigners. The civil marriages are...
How to pay the annual government levy to the Registrar of Companies.
Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2014. The settlement of the annual duty should ONLY...
Loans in foreign currency and borrower’s rights, Part 2
On the 14th of April 2014 I wrote an article about loans in foreign currency and the rights of borrowers. The link to that article is here. The article dealt...
Enforcing EU rights in Cyprus
The question often arises: How can a Cypriot citizen enforce rights stemming from European Union law in Cyprus? There are a number of ways that EU law can be...
The rights of borrowers
In an interview to journalist Christodoulos Christodoulou (CYBC 2, Biz-Εμείς, 09/05/2014), Christophoros Christophi explains the rights of consumers that made loans from commercial banks in view of the haircut and...
Void Marriages under Cyprus Law.
A void marriage is one where, although on the face of it, it appears as valid, yet due to a fundamental flaw it is not recognised in the law as...
NEW DOUBLE TAX TREATY BETWEEN CYPRUS AND UKRAINE
Following the ratification of the new treaty by the Government of Cyprus on the 22nd of March 2013, the Ukrainian parliament has proceeded with the ratification the new double tax...
INCREASE IN THE CORPORATE TAX RATE
With effect from 1 January 2013 the corporate tax rate has been increased from 10% to 12,5%. Transfer and carry forward of tax losses by credit institutions With effect from...
