Insights
Insightful Perspectives with Meaningful Impact
Cyprus endorses competitive tax rules on Intellectual Property rights
Cyprus recently adopted a new framework of rules governing taxation of IP rights, which introduces a favourable IP regime in Cyprus. This development is expected to enhance the competitiveness of Cyprus in the area of - Read More...
Cyprus resists ratification of ACTA
Cyprus, along with four (4) other EU Member States (Germany, Slovakia, Estonia, and Netherlands), has refused to sign the Anti-Counterfeiting Trade Agreement, known as ACTA. ACTA is a multinational treaty which aims at the establishment - Read More...
General guidelines for traffic accident cases in Cyprus
Any user of the road, being a driver, passenger, cyclist or pedestrian, is entitled to compensation for sustained injuries, provided that the accident was the fault of someone else. A victim or the victim’s family - Read More...
Overturn of cartel conviction for Petrolina
The Supreme Court has unanimously overturned a decision by the Competition Commission (CPC) to fine four fuel companies close to €43 million for collusion, after finding that the chairman of the CPC had been appointed - Read More...
New EC law on payment terms
The European Commission has published its new directive (2011/7/EU) which seeks to tackle late payment in commercial transactions. This alert is relevant to anybody buying or selling goods or services. For sellers the directive might - Read More...