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Asset disputes between couples: How legal guidance helps reach fair solutions
When disagreements over assets arise Disputes over assets are some of the most common and intricate issues couples face during separation or divorce. Property, savings, investments, and business interests often...

Cyprus as an International Business Centre in 2026
Cyprus continues to enhance its reputation as a leading international business hub within the European Union. Its stable legal system, attractive tax policies, and strategic geographical position make it an...

Why banking remains the biggest challenge for iGaming operators
Banking challenges in the iGaming sector Despite the ongoing growth of regulated iGaming markets, banking remains one of the most difficult operational challenges for iGaming operators. Licensing alone does not...

Economic substance in Cyprus companies: Tax residency, banking, and compliance requirements
What economic substance means for Cyprus companies in practice Economic substance is a core requirement for Cyprus companies engaged in international business. Tax authorities, banks, and regulators expect companies to...

Cyprus maintains its position as a strong EU jurisdiction for businesses
Why Cyprus remains a strong EU jurisdiction for businesses and investors after the tax changes Recent debates on corporate tax reform in the European Union have raised concerns among business...

What is the One Stop Shop (OSS) scheme? A practical guide for businesses based in Cyprus
As cross-border e-commerce expands across the EU, businesses encounter increasingly complex VAT reporting duties. To simplify compliance, the European Union introduced the One Stop Shop (OSS) Scheme, enabling companies to...

Game on or Game over? What 2026 means for gambling regulation
The iGaming industry is entering a new era of regulation. As artificial intelligence (AI) becomes deeply integrated into platform operations, legal and regulatory compliance is no longer an afterthought; it...

Cyprus Tax Reform 2026: Key Changes for Individuals and Businesses
Cyprus approved a comprehensive tax reform package on 22 December 2025, marking the first major overhaul of the tax system in more than twenty years. The new framework aims to...

Is a verbal agreement valid in Cyprus? What Courts consider legally binding
Verbal agreements are standard in business and everyday transactions. But are they actually enforceable under Cypriot law? The short answer is yes. A verbal agreement can be valid and legally...

Are Loot Boxes and Skins Considered Gambling?
The Debate Around Loot Boxes and Skins he gaming industry has changed rapidly over the past decade. New features such as skins and loot boxes have formed their own digital...

A legal guide to buying property in Cyprus
Purchasing property in Cyprus remains one of the most appealing options for both residents and international buyers. Regardless of the purpose (commercial, residential or investment-related), buying property in Cyprus involves...

Submit your 2025 Provisional Tax before the year concludes
As we approach the end of the year, we remind all Cyprus taxpayers that 31 December 2025 is the deadline to pay your provisional tax for the current year. What...

Adapting to the new EU Design Law
The European Union has officially introduced the most significant reform of its industrial design legislation in over 20 years. With the new Regulation (EU) 2024/2822 and Directive (EU) 2024/2823, a...

Legal insights under the Cyprus Trust Law
While rarely discussed publicly, this question is relevant to high-net-worth individuals, family offices, and corporate entities that manage international trusts through Cyprus. At Michael Chambers & Co. LLC, we advise...

How the EU CIGI Framework Safeguards Craft and Industrial Heritage
From 1 December 2025, producers across the European Union will have a new way to protect their craft and industrial products under the EU Craft and Industrial Geographical Indications (CIGI)...

Medical Negligence in Cyprus: Your rights and legal options
When does medical negligence occur? Medical malpractice, also known as medical negligence, occurs when a healthcare professional fails to meet the required standard of care, causing harm to a patient....

MiCA Regulation in Cyprus and what it means for Crypto projects
As the EU tightens its grip on digital assets, the Markets in Crypto-Assets Regulation (MiCA) signifies a key milestone for crypto compliance. For firms operating or expanding in the crypto...

Wills in Cyprus: What happens when someone dies intestate
When someone dies without leaving a valid Will in Cyprus, their estate is distributed according to the rules of intestacy, as governed by the Wills and Succession Law (Cap. 195)....

Anjouan iGaming Licence for Crypto projects
The rise of blockchain casinos and Web3 gaming has created strong demand for licensing frameworks that embrace digital assets. Anjouan, part of the Comoros Islands, has emerged as a forward-looking...

How upcoming Cyprus Tax Changes may affect your dividends and what you can do now
Cyprus is refining its corporate tax system to align with international standards while maintaining its appeal to global investors. Among the upcoming adjustments, changes to dividend taxation and cross-border payment...

Incorporating a Company in Curaçao
Curaçao as a Strategic Gateway for B2B Operations As global demand for tax-efficient and compliant business hubs grows, Curaçao continues to stand out as one of the most business-friendly jurisdictions...

