Vasiliou Law, had the pleasure of attending the first TRALIM3 (Training of lawyers on EU Immigration and Asylum Law 3) seminar which took place in Nicosia, Cyprus on the 20th of February 2023. Interesting discussions on EU immigration and asylum law with experts and audience from 7 different EU Member States (Cyprus, France, Greece, Ireland,…
The application for Summary Judgment is an interim application where the plaintiff can request the Court to proceed with a summary judgment against the defendant in order to avoid any delay. However, this application cannot be used for every case and there are specific conditions that must be met in order for the Court to…
* UPDATED March 2023 * The Council of Ministers approved on October 15th, 2021, the “Strategy for Attracting Businesses for Activities or/and Expansion of their Activities in Cyprus” and the implementation of the strategy commenced in January 2022. The new Strategy will include the following: Transformation of the existing Fast Track Business Activation Mechanism…
On the 18th of January 2023 we attended the event of the WoW series (World on Wednesdays) titled “The latest developments in the Financial Services sector and the role of Cyprus Securities and Exchange Commission (CYSEC)”. The event was organized by the Ministry of Foreign Affairs. Dr. George Theocharides, who is the Chairman of CySEC,…
Η εύρυθμη λειτουργία της ενιαίας αγοράς στην επικράτεια της Ευρωπαϊκής Ένωσης προϋποθέτει την προστασία των πολιτών των κρατών μελών κατά τις συναλλαγές τους υπό την ιδιότητα τους ως καταναλωτές. Μέσα από τις διάφορες ρυθμίσεις που προωθήθηκαν ώστε να προστατεύσουν αποτελεσματικά τους καταναλωτές συμπεριλαμβάνονται και οι καταναλωτικές τραπεζικές συμβάσεις. Ουκ ολίγες φορές καταναλωτές έχουν συνειδητοποιήσει εκ…
Introduction Upon the entering of Cyprus in the European Union (EU) in 2004, insurance and reinsurance brokerage in Cyprus has been a thriving industry that offers a wide range of services to both local and international clients. It is convenient to say that today the Cyprus insurance and reinsurance brokerage sector is highly competitive, and…
On 20th of November 2022 the employees of Y. Vasiliou & Co LLC participated in the 5th Radisson Blu Larnaka International Marathon. The Marathon was organized in cooperation with the Municipality of Larnaka and under the approval of the Cyprus Amateur Athletic Association. Under the motto “Together is always better!” the team create memorable moments…
Please note that the Department of Registrar of Companies and Intellectual Property, has announced its intention to deregister companies in case of non-payment of the Annual Levy for any year for the period 2012-2021. The companies at subject will be published in the Official Gazette of the Republic and after three months from the date…
Κατακόρυφη αύξηση των τροχαίων παραβάσεων στην Κύπρο σημειώνεται από τις αρχές του έτους όταν τέθηκε σε εφαρμογή το σύστημα φωτοεπισήμανσης με την χρήση κινητών τροχαίων καμερών στους δρόμους της Κύπρου. Ακόμη πιο πολλές κάμερες σταθερές και κινητές, έρχονται να προστεθούν στους δρόμους μέχρι το τέλος του 2022. Τι πρέπει να γνωρίζετε στην περίπτωση που ειδοποιηθείτε…
Sharp increase of traffic offences in Cyprus has been noted since the beginning of the year when the photo-marking system using mobile traffic cameras was implemented on the roads of Cyprus. Even more cameras, fixed and mobile, will be added to the roads by the end of 2022. What should you be aware of in…