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
Update on Ban on Travel Relating to the Paphos and Limassol Districts for COVID Measures
Update on Ban on Travel Relating to the Paphos and Limassol Districts for COVID Measure In the follow up to the emergency measures announced yesterday for controlling the coronavirus pandemic and in respect with the Districts of Lemesos and Pafos, it is specifically clarified that the movement of persons to and from the two Districts...
Read More
Cyprus – Update on COVID-19 Restriction Measures
Update on COVID-19 Restriction Measures In light of the worsening COVID-19 spread in the community, the Ministry of Health has announced that the following restriction measures as be enforced as of 20:00 on the 12th November 2020 and remain in force until the 30th November 2020: CATEGORY A MEASURES – Pancyprian Application Gatherings of persons...
Read More
Establishment of a Medical Company in Cyprus
Establishment of a Medical Company in Cyprus With a publication in the Official Gazette of the Republic of Cyprus, on 19.07.2013, the Law on Registration of Doctors (Amended) of 2013 (Law 73 (I) / 2013) (hereinafter “the Law”) was issued. The Law provides for the establishment of Medical Companies and establishes the legal framework for...
Read More
Cyprus – Update on COVID-19 Restriction Measures
Cyprus – Update on COVID-19 Restriction Measures The spread in the community was assessed and taken into account, as well as the risk of specific activities, where there is an increased risk of high spread of the virus. Specifically and analytically, the measures are categorized into three groups as follows: Category A. Medium-term measures in...
Read More
Termination of the Cyprus Citizenship Scheme
On the 13th October 2020 the Council of Ministers has decided to proceed with the Termination of the Cyprus Citizenship Scheme, citing reasons of weakness into the review and due diligence system and various loopholes which potential investors took advantage of. The above decision shall come into force as of the 1st November 2020. Any...
Read More
Amendments to Penalties for Road Traffic Violations
With an overwhelming majority of votes, new laws and regulations will be formed, aiming road safety and a decrease in Cyprus’ high number of road deaths and serious injuries. From 1st October 2020, the penalties for violations of the Traffic Code will alter and there will be an increase of incoming fines for speeding, alcohol,...
Read More
Cyprus Amendments to Citizenship Scheme
The Council of Ministers, during its assembly on the 31.7.2020 has made changes to the current Cyprus Investment Programme, affecting applicants as per the 17-18.8.2020.  In general, the main new terms are as follows: All applicants must, during the 5 years, for which they are obligated to keep their investment and residence, provide the Ministry...
Read More
Amendment to Procedures for Payment of Stamp Duty
The Law Firm of G. Vrikis & Associates LLC would like to bring to your attention the recent change in the procedure of attaching stamp duties based on their value. As of the 27th of July 2020, the procedure for affixing Stamp Duties changes based on their value, as indicated by the relevant announcement posted...
Read More
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
IP Box Regime Revisited
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
1 2 3 6