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Cyprus – Penalties for infringing EU financial measures in view of the situation in Ukraine

Aug 5, 2014 | Articles

The European Union applies sanctions or restrictive measures in pursuit of the specific objectives of the Common Foreign and Security Policy (CFSP) as set out in Article 11 of the Treaty on European Union, namely: • To safeguard the common values, fundamental...

Late payments in commercial transactions

Jun 16, 2014 | Articles

The worsening of the economic crisis has determined in many European countries an increase of late payments in commercial transactions. Cyprus makes no exception to this trend. Specific directives have been adopted at European level in order to combat late payments....

Legal Professional Privilege in Cyprus

Mar 13, 2014 | Articles

A taxpayer’s right of privacy and the Legal Professional Privilege (LLP) in Cyprus In Cyprus, according to the Advocates’ Law (Cap. 2) and the Advocates Code of Conduct Regulations of 2002 (the Regulations), the legal professional privilege is recognised as a...

The legal framework for hydrocarbons exploration and exploitation in Cyprus

Mar 10, 2014 | Articles

The hydrocarbons exploration and exploitation activities in the Republic of Cyprus are governed by the Hydrocarbon (Prospection, Exploration and Exploitation) Law of 2007 (No. 4(I)/2007) (the “Hydrocarbons Law”) and the Hydrocarbons (Prospection, Exploration and...

Fast track economic citizenship program

May 10, 2013 | News

The Council of Ministers has decided on 15.04.2013 to implement an “economic citizenship” programme, granting accelerated citizenship to applicants who satisfy one of the following criteria: Cash: The applicant has invested at least €3 million in Cyprus,...

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Cyprus – Penalties for infringing EU financial measures in view of the situation in Ukraine

Late payments in commercial transactions

Legal Professional Privilege in Cyprus

The legal framework for hydrocarbons exploration and exploitation in Cyprus

Fast track economic citizenship program

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