Legal Update

Fast Track Business Activation Mechanism

The Fast Track Business Activation (FTBA) mechanism which has been approved by the Council of Ministers on the 3rd of September 2020, aims to provide fast and efficient services to companies that wish to establish presence or expand their operations in the Republic Cyprus. Under this new policy and as the name denotes, eligible companies can...

GameStopping Wall St: a case of market manipulation?

‘GameStop’, a well-known retail company active in the field of electronics and games, has been dragging its feet for the last few years. After shutting down hundreds of shops globally, it’s stock on the NYSE has been flat for the last couple of years ranging well below $10. However, January 11th marked the commencement of...

Cyprus Investment Programme

IMPORTANT NOTICE: On the 13th of October 2020, the Council of Ministers has decided to suspend the Cyprus Investment Programme with effect from the 1st of November 2020 and until further notice. Any pending applications or applications filed by the 30th of October 2020 will be processed as per the relevant procedures. ______________________________________________________________________________ On the 18st of...

The long-awaited amendments to the Trademark Law are here!

Last Friday, June 12th, 2020, an amending law was published in the official Gazette of the Republic of Cyprus, pursuant to which many provisions of the Trademarks Law (Cap. 268), have been updated or replaced, thus bringing the national trademark legislation in line the EU Directive 2015/2436 as well as the EU Regulation 2017/1001. This...