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By advertising equality and variety from the workplace, Cyprus fosters a harmonious and inclusive work natural environment.

exactly what is the cap around the sulphur written content of gasoline oil used in your domestic territorial waters? how can the authorities implement the regulatory requirements referring to low-sulphur gas? What sanctions can be obtained for non-compliance?

Does your region recognise the principle of maritime liens and, If that's so, what statements give rise to maritime liens?

Moreover, Cyprus features a good tax regime that pulls a lot of business people. The country offers a small corporate tax rate of 12.5%, making it Among the most competitive tax jurisdictions in Europe.

These components make Cyprus an attractive location for business people wanting to determine and expand their businesses.

Interest been given by providers click here within the normal course in their business, which include desire carefully connected to the regular course of business, can also be considered as ‘active’ fascination revenue and is barely taxed under CIT (soon after deducting allowable expenses) with the normal CIT amount of twelve.5%.

Renewing your company registration is a vital system that occurs each year. Failure to renew your registration may end in the organization getting struck off the register. keep on top of renewal dates to avoid any disruption towards your business functions.

Orders produced or fines imposed below port point out Regulate drop underneath normal government administration observe, all of which is subject to recourse to the Supreme courtroom of Cyprus in seventy five times in the supplying with the get or on the imposition of the good.

statements in respect of lack of life or particular injuries or loss of or harm to property (which includes damage to harbour works, basins and waterways and aids to navigation), happening on board or in immediate reference to the Procedure with the ship or with salvage functions, and consequential loss;

Along with standard bank loans, Cyprus also has a rising enterprise cash ecosystem. enterprise funds firms give equity funding to startups and significant-growth providers, normally in exchange for the stake in the business.

As ships are movable objects, it follows that upon transfer of title happening concerning the builder as well as owner, there has to be a contemporaneous ‘physical’ delivery on the ship by builders to house owners.

Ga Tymviou I'm very impressed Using the integrity and professionalism of The entire staff. Their ongoing legal support and Excellent expertise is priceless.

a professional lawyer will ensure that your business operates within the boundaries with the legislation and can offer assistance with contracts, intellectual property, and dispute resolution.