Buying property in Cyprus
Cyprus is considered one of the safest European countries to invest in since its market is growing at a stable rate and its prices are competitive. If every perspective purchaser bears in mind the following points then a safe and prosperous investment will be carried out.
An official search must be conducted at the Lands Registry which will provide the purchaser with information found on the...
The Supremacy of European Union Law over the Constitution of the Republic of Cyprus
Cyprus was a British colony until 1960 and as such the Cyprus legal system was highly influenced by the English legal system and the principles of common law and equity were adopted by the legal system of Cyprus.
The Cypriot Courts apply the following laws:
The Constitution of the Republic
The laws that remained in force under Article 188 of the Constitution
The common law and the...
VAT in Cyprus
Value Added Tax is a tax charged on every taxable supply, by a taxable person, of goods and services within the Republic, other than an exempted supply. It is also charged on goods acquired in Cyprus from other EU countries and on goods imported from outside the EU.
VAT is an indirect taxation which is applied by the VAT registered business acting as agent of the VAT authority by adding VAT to...
Action for Infringement of Trademark
The logo, symbol or design of a company is a commodity that serves to distinguish the goods or services of one company from those of its competitors. Once created, a trademark can be registered and will enjoy an initial seven-year period of protection from the date of filing of the application, which is renewable every fourteen years thereafter.
If the owner of a registered mark believes that...