Cyprus has managed to be one of the most reliable a Sovereign Flag, which complies with the highest international standards have resulted in Cyprus being among the most preferred locations within the international shipping community.
Shipping is dominant in Cyprus due to the country’s excellent geographical position, the significant number of bilateral treaties for the avoidance of double taxation concluded by Cyprus and the favourable taxation regime which has been maintained even after the accession to the European Union.
The firm provides a wide spectrum of services of commercial legal advice in the domestic market, on multi-jurisdictional matters and to international parties looking to invest in Cyprus.
Areas of work undertaken by the department include:
- Registration of shipping and ship management companies in Cyprus and the worldwide
- Ship registration in Cyprus and the worldwide
- Yacht registration in Cyprus and the worldwide
- Transfer of ownership
- Change of name
- Shipping Taxation and VAT Matters
- Claims and Dispute Resolution