News

Doing Business Report Highlights for Cyprus 2012

Friday, January 20, 2012


Further to several initiatives aimed at improving the corporate environment and the investment infrastructure and in the background of significant potentials in enhancing the energy sector of the island, the global ranking of Cyprus in ‘ Doing Business 2012’’ has improved by 9 ranks.   Cyprus is now placed among the best 40 places globally for starting a business.

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Harris Kyriakides LLC Christmas Charity Donation

Tuesday, December 27, 2011


As part of Harris Kyriakides LLC commitment to support the local community, we have resolved for this year as well to substitute the dispatch of commercially bought Christmas cards with a contribution to a local charitable organisation. This Christmas we have decided to make our donation to the Christina Α. Apostolou foundation.

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Harris Kyriakides LLC wins recognition in Corporate Real Estate

Friday, December 09, 2011


Practical Law Company has announced the publication of the eighth edition of the PLC Corporate Real Estate multi-jurisdictional guide and has recommended Harris Kyriakides LLC as a leading corporate real estate practice.

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Cyprus introduces tax free period in regard to property transfer fees

Wednesday, December 07, 2011


Pursuant to an amendment introduced on the 3rd of November 2011 by the Cyprus Parliament, Cyprus has now abolished the payment of transfer in regard to real property transactions.

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Cypus new legislation for incentives on prompt settlement of outstanding tax liabilities

Monday, November 28, 2011


On 24 November 2011, the Cyprus Parliament voted on a new law which provides for incentives on prompt settlement of outstanding tax liabilities.

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EU proposal for a European Bank Account Preservation Order

Monday, October 31, 2011


The European Commission has recently proposed to introduce an EU-wide freezing order known as a European Account Preservation Order (EAPO) to ease the recovery of cross-border debts for both citizens and businesses.

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High net worth individuals eligible for Cyprus citizenship

Tuesday, October 18, 2011


The Cyprus Government continues to consider high net worth investors making substantial investments in Cyprus under special circumstances for granting passport or citizenship.

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Kyriakides is appointed as President of the Appeal Committee of the Cyprus Football Association

Wednesday, October 05, 2011


The Managing Partner of Harris Kyriakides LLC, Mr Kyriakides, has been appointed by the Cyprus Football Association (CFA) as the Chairman of the Appeal Committee.

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Third party insurance does not cover non driving policy holders

Monday, October 03, 2011


The Supreme Court of Cyprus has issued its long awaited decision in the matter of Stavroula Photopoulou and others v  Minerva Insurance Company Limited, vindicating the position put forward by the appellant insurance company in connection with the interpretation of Cyprus automotive third party compulsory insurance legislation.

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Fast track residence permits for purchasers of immovable property in Cyprus

Tuesday, September 27, 2011


The Government of Cyprus has introduced a new policy which provides favourable treatment on applications of third country nationals who purchase private residence in Cyprus, the value of which is equal to or above the amount of €300000.

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Antouanettas Building,
2nd - 3rd Floor,
6031 Larnaca
P.O.Box 40089,
6300 Larnaca,
Cyprus

T: +357 2482 8244
F: +357 2481 8877
E: info@kyrlaw.com.cy