THE MINISTRY OF ENERGY, COMMERCE, INTUSTRY AND TOURISM – PLAN FOR STRENGTHENING THE COMPETITIVENESS IN THE AREA OF THE BRITISH MILITARY BASES IN CYPRUS FUNDING SCHEME FOR THE STRENGTHENING OF SMEs IN AREAS OF THE BRITISH MILITARY BASES IN CYPRUS 1st INVITATION FOR SUBMISSION OF OFFERS The Ministry of Energy, Commerce, Industry […]
CHANGES TO THE LAW ON WILLS IN CYPRUS – NON CYPRIOTS HAVING ASSETS IN CYPRUS According to Cyprus law in relation to Wills every person having assets in Cyprus has to draft their Will according to the laws of Cyprus. Until recently, article 42 of the Cyprus legislation in relation to Wills was […]
IMMOVABLE PROPERTY TAX ….. YOUR OBLIGATIONS AS OWNERS OF PROPERTY IN CYPRUS. Recently there has been a lot of press about Immovable property taxes or IPT as it is more commonly known. To simplify matters, the law states that owners of immovable property must pay taxes according to the value of these assets. Its is […]
Company formation: Are you a business owner? Do you have your own company? Have you proceeded to legally form your company within the laws of the republic of Cyprus? If the answer to the above is NO, …we at G. Kouzalis LLC, can help you. Our office specializes in the official formation of companies, and […]
Litigation and Arbitration / Mediation. Sometimes, through no fault of your own, you find yourself in a situation which may require a lawyer to act on your behalf to resolve an issue, this could be any issue varying from Criminal, Family, Company, Commercial, Personal Injury or even property disputes. Many times disputes arise between family, […]
WILLS – CYPRUS AND IN YOUR COUNTRY OF RESIDENCE. Do you have a WILL for your assets in Cyprus? If not, now is the time to act and complete this process to ensure that your wishes are adhered to. If you do not have a will in Cyprus, then your estate will be administered according […]
This is a very sensitive subject and one which affects so many people on a daily basis. Often when a loved one passes away, it is very difficult to think of what needs to be done. This is where we can assist you with all the legalities of administrating the estate of a deceased person. […]
SWISS FRANC MORTGAGES Recently the Swiss franc mortgage issue has caused a lot of fuss and made big news! The change in the interest rates by the Swiss Government has meant many owners who took Swiss Franc Loans to fund their property purchase in Cyprus, almost double overnight. Recently in courts all across Europe there […]
RESALE: With or without title deeds. There is a lot of talk about the property market in Cyprus; Is it improving, worsening or is it stagnant? We have seen a lot of resales and we are currently very busy processing these. Resale’s can be facilitated, with or without title deeds. It is easier with […]
As an owner of a property in a complex, Under Chapter 224(Article 38KB) of the Cyprus Constitution, you have the right and the obligation to proceed with the official formation of the committee. In order to proceed with the official enactment of the committee a General Assembly should be convened at a location to be […]