Gutenberg university mainz christiane bulut university of cyprus eva a. , bingham mccutchen llp 15 5 global trends in leveraged lending. 8see symeon c symeonides, the mixed legal system of the republic of cyprus 2004 78 tulane law review 441; nikitas e hatzimihail, cyprus as a mixed legal system 2013 6 journal of civil law studies 37. An introduction to the bibliography of cypriot law updated november 2013. Interposing a cyprus holding or finance structure can significantly reduce the tax burden and provide tax-efficient exit options. George chrysaphinis 184 continued overleaf general chapters: 4 an introduction to legal risk and structuring cross-border lending transactions. Title: ects format of course syllabus author: staff created date: 5/31/2013. Introduction to cyprus law pdf free online publishing. Introduction although the cypriot private is to in a typical commonwealth some modifications have been made since in order to bring cypriot corporate ian nto. My article aims at providing a comparative lawyers introduction to cyprus law, as well as at examining cyprus law in the light of modern. 1 cypriot private law and criminal law is mostly based on english common law. Of cyprus over the entire island of cyprus in accordance with international law. 365 Laws of cyprus, published by nomiki bibliothiki 2008 and of the third edition of introduction to cyprus law published by andreas neocleous. As cyprus law is heavily influenced by english law, neocleouss introduction to cyprus law also gives a valuable appreciation of the principles of anglo-saxon law. When cyprus became independent in 160, the constitution of the. Tax aspects of establishing residence in cyprus, contract law and general commercial and civil practice. In 13 and 15, the house of representatives in cyprus enacted the cyprus securities and stock exchange laws and regulations, respectively, under which the cyprus stock exchange cse was established.
Co editor dennis campbell, ba, jd, llm member of the new york and iowa state bars director. Lawyers law firms amp legal advice cyprus business. The central bank of cyprus laws of 2002 to 2014, law 138i of 2002 as. This article supports that tax mediation can be used to improve tax resolution mechanism, attract developed and developing countries to use it as well as coordinate competent authorities to reach a result in a. 50 introduction by the chairman of the conference cyprus forward. Introduction of roman law, its codification and development by justinian, the second codification and further development during the reign of leon the sixth, and the growth of ecclesiastical law. 00 current and upcoming reforms to position cyprus as a jurisdiction of choice for international tax planning - introduction of a non-domiciled regime - introduction a foundation law invited: elias neocleous, advocate/ vice chairman, andreas neocleous. Co, introduction to cyprus law new york: yorkhill law publishing, 2000: 237ff. The republic of cyprus is an island-state in the eastern mediterranean at. The criminal law system of the republic of cyprus; foreign law study, washington, foreign law branch, international affairs division, office of the judge advocate general, dept. Co llc the legal 500 elias neocleous, managing partner. This article attempts to examine the impact of european private law upon the legal system of cyprus taking into account its mixed elements and whether these elements have contributed towards a smooth reception of eu law. An introduction to the bibliography of cypriot law updated november 2013 download. Cyprus also offers the most competitive, flexible and fully approved shipping tonnage tax system in the eu. A new edition of the unique comprehensive guide to the law of south east europes most dynamic financial and business centre. 58 Co editor dennis campbell, ba, jd, llm member of the new york and iowa state bars director, center for international legal studies salzburg, austria published under the auspices of the center for international legal studies yorkhill law publishing. Cyprus has a well-developed, transparent and reliable legal system based on common law. Statuics 13 chantics cap 41 fraudulent transfers international law, 6, ? Legal entities a.
101 more recently, the onslaught of aids played the same. Co llc neocleous house 15 makarios iii avenue po box 50613 3608 limassol cyprus tel: 357 25 110000. 328 Introduction there was a step-change in the importance attached to competition law by the cyprus government in the period preceding its entry into the eu1, which similar to the usa, views competition law as a key element in safeguarding consumer welfare. Through a critique of company law introduction 5 and a discussion of the. Introduction to cyprus hebs;tes to cyprus law - andreas neoclgoas. Of pow er utilizing force on the m argin of the law s established and accepted. Introduction: terror and the state of territory xi. Introduction: listening to images of security, and places of virtual. Corporate tax rates p constantinou amp co ltd cyprus. Co, introduction to cyprus law 1st edn, yorkhill law. Cyprus elias neocleous and achilleas malliotis andreas neocleous. Christos heads our specialist immigration law team. In light of this, where this report refers to the trnc, its democratic procedures, multi-party structures, ministries, government officials and organs of government. Co editor dennis campbell, ba, jd, llm member of the new york and iowa state bars director, center for international legal studies salzburg, austria published under the auspices of the center for international legal studies yorkhill law.
Recently, and particularly since joining the eu in may 2004, cyprus has shown appreciable growth as an international. The eu in applying competition law clearly recognises the critical correlation between the proper selection, presentation and content of the relevant economic evidence and its appropriate interpretation and assessment by the decisionmaking - body. Since cyprus is an eu member, cypriot citizenship considerably simplifies international travel and visa requirements and is proving attractive to high net worth individuals. Co llc limassol, cyprus introduction the strategic location of cyprus between three continents has always been considered ideal for trading purposes. The challenges to international law have been widd discussed, there has been little analysis of the. Co llc neocleous house 15 makarios iii avenue po box 50613 3608 limassol cyprus tel: 357 25 110000 fax: 357 25 110001 email. Lse law review feb 201 the article examines whether the use of tax mediation can complement the map, and supplementary tax arbitration. Cyprus andreas neocleous and chrysanthos christoforou andreas neocleous. He is a co-author of introduction to cyprus law published by andreas neocleous. Common law in cyprus, certain laws that were introduced by the tan-. In the past few years the banking sector in cyprus has undergone intense legislative and regulatory activity, mainly in connection with the resolution of troubled local banks but also in connection with. Its principal aim is to provide an internationaland, to some extent, a cypriotaudience with a comparative lawyers introduction to cyprus law. The british, who effectively controlled cyprus from the late 1th century, introduced english law to the island and, in particular, com-mon law rules and principles and rules of equity, as well as a number of statutes which were in force in england at the time. 555 As 2016 drew to an end, the cyprus ministry of finance announced that the russian govern-ment had agreed to defer the introduction of new provisions allowing for source-based taxation of capital gains on shares in property-rich russian companies, which were due to take eff ect on janu.
British cyprus was the island of cyprus under the dominion of the british empire, administered sequentially from 1878 to 114 as a british protectorate, a unilaterally annexed military occupation from 114 to 125 and from 125 to 160 as a crown colony. 01 introduction as a result of the british rule in cyprus from 1878 until 160, the countrys legal system has been strongly influenced by the english common law tradition. The cypriot constitution is the supreme law of cyprus and it prevails over any other legislation. He is supported by: mariorita neocleous, also a native of limassol. In later periods, first french customary law and then turkish law and the concepts of sharia were brought to cyprus, followed by english law from 1878. Co llc limassol, cyprus introduction in general the modern era for the securities sector in cyprus began in 16 with the inauguration of the cyprus stock exchange cse, the first official stock exchange in cyprus. 842 Introduction conference venue program abstracts spring school conference. The in-house lawyer comparative legal guide cyprus: private client 2nd edition this country-speci?C qa provides an overview to tax laws and regulations that may. Cyprus insight: cyprus rolls out anti-tax avoidance directive by elias neocleous and natasa polyviou in addition to the implementation of the eu anti-tax avoidance directive, 201 will be the first year in which the cyprus tax authorities have to deal with the new provisions for interest on back-to-back inter-company loans, which took effect on. This article is but a first installment in such a long-term project.