EnglishNicosiaNicosiaLimassol Mon - Fri 08:00-18:00 +357 22 261 777 Mon - Fri 09:00-18:00 +357 25 261 777
info@vrikislegal.com Subscribe to our newsletter

Category

Updates
Cyprus Companies Law
A common occurrence relating to private limited liability companies in Cyprus and indeed throughout the world, is a disagreement arising between the shareholder(s) of the company and the directors, typically relating to day-to-day management issues in which the Directors normally hold power over. Such disputes can be solved through the provisions of the Cyprus Companies...
Read More
Cyprus has always been keen to provide a competitive edge for business activities on a global scale and to this effect, Cyprus has ensured that it can provide an attractive regime to benefit one of the most valuable assets of any business, its Intellectual Property. As such, Cyprus offers a beneficial tax rate and is...
Read More
Within the framework of the ongoing process of reviewing the measures taken to address the current crisis due to the COVID -19 pandemic and the declared will of the Government and the President of the Republic himself to stand in solidarity with the workers and following the evaluation by the Ministry of Labour, Welfare and...
Read More
Cyprus Parliament
We would like to update you that the Cyprus Parliament, in response to the ongoing emergency relating to the COVID-19 Virus, has passed the following laws and/or amendments to existing laws, in an effort to provide fiscal assistance to citizens and businesses. The decisions were passed on Friday 27/03/2020 and shall take effect upon publication...
Read More
Admiralty & Shipping Law
The Shipping Deputy Ministry (SDM), in an effort to support shipping companies and owners of Cyprus ships and to enable them to address the difficulties encountered due to the wide spread of the coronavirus outbreak, has decided to extend the date of payment of the Cyprus Registry Maintenance Annual Fee and the tonnage tax of...
Read More
We would like to update you that the inter-ministerial Committee which met ton the 23/03/2020 under the President, decided to authorize the Minister of Health to publish a Decree with the following measures: Ban on unnecessary movement from 06.00 PM of March 24, 2020 until April 13, 2020, except: Transfer to and from the workplace....
Read More
The following emergency measures have been taken by the Department of the Registrar of Companies and Official Receiver in Cyprus as of the 23/03/2020: The procedure for conformity as to filing of outstanding Annual Reports is postponed, and the Registrar of Companies shall not be proceeding with any publications for the three (3) month notice...
Read More
It has been months since the first discussions started in the Cypriot Parliament surrounding expedited eviction and now, it has officially become part of the Rent Control Act 23/1983 as of the 31st of January 2020. What was already part of the Law: The Law provides that any tenant who delays to pay their rent...
Read More
The British Virgin Islands’ International Tax Authority (ITA) has issued the final Rules on Economic Substance in British Virgin Islands (BVI) setting out the implementation of the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the “Economic Substance Act”). The Rules were released on 9th October 2019. The new legislation is a direct response to the...
Read More
Does the duty to disclose all material evidence in regards to a criminal charge apply in private prosecution? The Supreme Court has upheld a recent trial Courts decision, in its decision dated 09.10.2019 holding that a private prosecutor is not obligated to grant access to the material evidence of a criminal case to the Accused....
Read More
1 2 3 5