One-Stop-Shop for Shipping Companies in Cyprus The House of Representatives has unanimously passed the Law on the Limited Liability Shipping Company (the “LLSC Law”), which provides for…
The Cyprus Beneficial Ownership Register of Express Trusts and Other Similar Arrangements – Online Platform The CyTBOR online platform On 13 May 2022, the Cyprus Securities and Exchange…
Newly enacted anti-corruption law On 17 February 2022 the Parliament voted in favour of the adoption of a new piece of legislation, pertaining to the prevention and combat…
Cyprus' new action plan for attracting foreign investments and talent Cyprus, having a services-oriented economy with a local population with years of experience in servicing international clients, is transposing…
Register of Crypto-asset service providers General information regarding crypto - assets Crypto-assets or crypto-currencies, is a type of electronic cash which can be used for payments between users via secure,…
The Withdrawal Agreement and Residency Rights in Cyprus The EU has reached an agreement (the “Withdrawal Agreement”) with the UK in relation to the citizens’ rights pursuant to the UK…
We, Michael Damianos & Co LLC, are this month celebrating our 10 Year anniversary. Established in 2010, our team consists of professional and experienced lawyers and paralegals who provide clear,…
Change in the process of stamping documents The Tax Department announced changes in the process of the stamping of documents with fixed stamp duty fees which applies from 29 June…
Announcement of the Commissioner for Personal Data Protection for the carrying out compliance checks with the General Regulation on Data Protection The Commissioner for Personal Data Protection (the “Commissioner”) has…
Amendments to the Trademarks Law in Cyprus EU Directive 2015/2436 in relation to trademarks has recently been implemented in Cyprus by amending the Trademarks Law, Cap.268 (the “Law”). The Law…