Sample letters for loan suspension request at the Commercial Banks.
According to Decree 134 of the Minister of Finance dated 30/03/2020 (available in the link below) Legal entities and natural persons may request suspension of loan installments. To facilitate borrowers,...
CORONAVIRUS 2020 Labour and Employee related questions.
Below you will find an update on the legal measures that were implemented in the Republic of Cyprus that affect employees. The Labour Ministry is launching hotline as of...
Announcement as regards mode of operation.
Our law firm resumes normal operations as from today 11/05/2020 in normal business hours. We will not hold any face to face meetings till further notice. For any inquiries please...
Special economic support measures announced by the Cyprus Government due to the coronavirus.
Updated: 18/03/2020 This is summary of the financial measures anounced by the government last Sunday 15/03/2020. Special Leave Granting of “Special Leave” to parents working in the private sector for...
State of emergency declared in Cyprus till the 30th of April 2020.
Date of original publication: 15/03/2020. The President of the Republic of Cyprus Nicos Anastasiades has declared Cyprus to be in a state of emergency as a response to the increasing...
Companies House in Cyprus.
The companies house in Cyprus is the department of the Registrar of Companies and Official Receiver as it is called. The registrar of companies has recently launched a new website...
Open a company in Cyprus. Find all the information free!
There are many reasons to open a company in Cyprus. An important one is the possibilities that are offerred in terms of sensible tax planning. Asset protection is also another...
Alert! Failure to file Annual Return on time leads to an administrative fine.
Following a change in Company Law that took place in March 2019, the non timely submission of the annual return will lead to an automatic fine. The annual return is...
What are the rights of a shareholder in a private limited company?
Many times I get asked the question, usually from minority shareholders, what are my rights as a shareholder? There is a simple answer and a more complicated one. In this...
Registration of ships in Cyprus , Frequently Asked Questions.
Here are the answers to some frequently asked questions about ship registration in Cyprus. 1.Is parallel registration of a ship possible in Cyprus? In case of a provisional registration (prior...
