Law Articles

Traffic Light Cameras Operation in Nicosia g kouzalic llc cyprus paralimni larnaca nicosia limassol paphos

Traffic Light Cameras Operation in Nicosia The first Traffic Light Cameras in Nicosia are install and began to operate. Further, this in an attempt to protect and improve the level of road safety on the roads of Cyprus. However, there has been a huge percentage of road collisions in the last 5 years. From now […]

Central Bank of Cyprus regarding the completion of loan restructuring applications

Central Bank of Cyprus – Letter of the Governor regarding the completion of  loan restructuring applications According to the announcement and letter dated 30/09/2021 of the Governor of the Central Bank of Cyprus, Mr. Constantinos Herodotou. Further, he requests the Authorized Credit Institutions, as well as the Credit Acquisition Companies. Also, this to assist in […]

law cyprus foreign interest company

Foreign Interest Company and Fast Track Mechanism On 3rd of September 2020, the Council of Ministers of the Republic of Cyprus approve the creation of the Fast Track Business Activation Mechanism (“FTBA”). This for Foreign Interest Company. The purpose of the enactment of this mechanism. Further, this in conjunction with amendments to the immigration legislation […]

Elevators Communal Expenses and Non – Payers g kouzalic llc cyprus paralimni larnaca nicosia limassol paphos

Elevators (Communal Expenses and Non – Payers) Firstly, under The Immovable Property (Tenure, Registration and Valuation) (Amendment) Law of 1993 for elevators – 6(1) of 1993. Also, section 38K (hereinafter referred to as “The law”), common expenses should share between all owners. Further, hence it is an obligation of every owner to participate in the […]

third country nationals law cyprus kouzalis lawyer office

Work In Cyprus – Third Country Nationals Many Foreigners who wish to move to Cyprus wish to know, can Third Country Nationals work in Cyprus? The Labour Department is responsible for applications from Employers. This to employ Third Country Nationals for short term needs (1-2 years). Also, provide that Cypriot or European citizens do not […]