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N. Pirilides & Associates LLC

A LEADING LAW FIRM WITH A REPUTATION FOR EXCELLENCE

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The revised Cyprus Investment Programme (CIP) is put into effect from the date of its publication in the Government Gazette (that is the 26th of February 2019) and it relates to all CIP applications submitted after the 15th of May 2019.
The tourism and leisure travel sector is one of the most advanced sectors in Cyprus. Travelers around the world mostly prefer to book their holidays online, a concept which likewise applies when travelling to our island.
The new Data Protection Regulation: How does it affect individuals and organisations?
Under the British Nationality Act 1948, citizens of the Commonwealth retained their status as British subjects but acquired a national citizenship on becoming independent.
A preserved building is every building for which a preservation order has been issued by the Minister of Interior according to Article 38 of the Town and Planning Act (Law no. 90/1972).
Over the last decade, communication via email and text has become the most commonly used method of communicating in the workplace. 
It is not an unusual phenomenon to own an immovable property in Cyprus which does not have direct access to the public highway or even a public road.
On 3.11.2017 there have been some changes effected in relation to the VAT legislation with regards immovable property in Cyprus.
The Department of Labour examines applications from employers for the employment of foreigners, for the satisfaction of pressing, short term needs in the labour market, in certain economic fields and occupations according to the Ministerial Council’s decision No. 33.210 dated 15/3/1990.
The general principles of the law of agency are included in sections 142-198 of Contract Law Cap.149 (the “Law)”. An agency contract describes the agreement by which the first party (the Principal) appoints another party (the Agent) to act on behalf of or to represent him in transactions with third parties.
MiFID (Markets in Financial Instruments Directive) II and MiFIR (Markets in Financial Instruments Regulation) are the most important changes in legislature of the last decade and...
In July 2017 the Cyprus parliament voted for a Cyprus tax law amendment adding the “60 day rule” test for the purpose of determining whether an individual is a Cyprus tax resident or not.  This law amendment is effective as from 1 January 2017.
The process of incorporating a Cyprus company is straight forward.
This permit is the perfect solution for persons who wish to prolong their stay in Cyprus for more than 3 months (90 days). This type of permit is valid for 1 year and can be renewed on an annual basis. Under this permit, a person is allowed to live in Cyprus on a temporary basis and also bring his close family members to live with him.
Recently, the law of Specific Performance relating to Property Sales of 2017 has entered into force and has amended article 12 of the Law of 2011 and 2012...
What are the responsibilities of Directors in a limited company? The Board of Directors of the company is responsible for the day to day management of the company’s business.
What is the liability of shareholders of a Cyprus limited company? A company limited by shares has separate legal personality from that of its shareholders. The liability of a shareholder for the company's liabilities is commonly limited to the amount, if any, that remains unpaid on that shareholder's shares.
In an effort to combat money laundering and the financing of terrorists’ activities and to increase transparency, the European Commission issued the 4th AML Directive in May 2015 and repealed the previous one.