Articles

Reporting formalities for ships calling at Cyprus ports

The Department of Merchant Shipping has reissued its guidance to owners and operators of Cyprus-flagged ships and ships calling at ports in Cyprus regarding reporting procedures under the EU Reporting Formalities Directive…

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Cyprus: Shipping Sector Rate of Growth is on the Rise

The rate of growth of the Cyprus shipping sector, due mainly to the attractive tonnage tax regime, is very encouraging, Transport Minister Marios Demetriades told the island’s vibrant community of ship owners…

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Cyprus: An International Maritime Centre

The Cyprus Registry has shown phenomenal growth in the last thirty years. In the early eighties Cyprus ranked thirty-second on the list of leading maritime nations. It now ranks among the top ten international fleets…

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Cyprus: The December 2015 Amendments to The Cyprus Tax Laws

In July 2015, the Cyprus Government submitted a number of draft laws to parliament to implement the new provisions of the EU Parent-Subsidiary Directive, to simplify the tax regime and make it more attractive…

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Cyprus Holding Companies 2014/15

In March 2013 Cyprus made global headlines as a result of the unprecedented bail-out agreement with the “Troika” (European Commission, European Central Bank and the International Monetary Fund) …

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K.C. Saveriades & Co Law Firm

For almost half a century, the K.C. Saveriades & Co law firm, offers a wide range of reliable and comprehensive legal services in most law fields, demonstrating continued success that place it among the leading law firms in Cyprus….

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Suspension of Fast Track Examination scheme for the examination of applications for authorisation

The Cyprus Securities and Exchange Commission (the ‘Commission’) wishes to inform all interested parties, that, at its meeting held on the 25th of January 2016, decided to suspend the ‘fast track’ examination scheme…

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Cyprus Investment Company Law

Cyprus Private Investment Funds, known as private International Collective Investment Schemes (ICIS), are private funds that can be formed under the laws of Cyprus…

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Cyprus Shipping Review 2014/2015

The Cypriot shipping industry has experienced strong growth since the creation of the shipping registry in 1963 and several ingredients have combined to make Cyprus one of the most important locations…

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Offshore Legal And Tax Regimes

The offshore regime in Cyprus has changed as part of the island’s accession to the EU, and as a result of agreements with the Organisation for Economic Cooperation and Development (OECD).

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Cyprus: An Internationally Renowned Shipping Center

Cyprus is an internationally renowned shipping centre, home to some of the world’s leading names of the global shipping industry.

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Why Cyprus is an ideal holding company location?

The global economic downturn shows a greater need for tax efficient structures. There are many jurisdictions to consider for them.

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New tax incentives to attract foreign investment

The Cyprus government has announced a series of new tax incentives to boost economic activity and attract foreign investment.

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Flag of Progress and Quality

The strength, breadth and experience of Cyprus’ maritime sector have helped it weather the economic storm…

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Registration of Cyprus Ships

Cyprus is a leading forum in the international maritime industry mostly due to its attractive tax system…

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