Transfer of Property by Assignment Agreement in Cyprus Understanding the Legal Framework, Procedure, and Obligations of the Parties In the Cypriot legal system, the transfer of property rights by Assignment Agreement is a common contractual method used to transfer the rights and obligations under an existing sale agreement—especially in cases where the legal title of...Read More

Steps to Incorporate a Company in Cyprus At Michalaki, Pitsillidou & Co LLC, we guide clients through every stage of the company formation process in Cyprus, ensuring full legal compliance and efficiency. Below are the key steps required to incorporate a private limited liability company (Ltd) under Cypriot law: 1. Selection and Approval of Company...Read More

Essential Steps for Buying Property in Cyprus: A Comprehensive Legal Guide Buying property in Cyprus is a rewarding investment that requires careful preparation. At Michalaki, Pitsillidou & Co LLC, we recommend undertaking specific actions to ensure a smooth, secure, and legally sound property acquisition. Step 1: Conduct Thorough Legal Due Diligence Before committing to any...Read More

Drafting a Cyprus Will for Property in Cyprus While Living Abroad Owning immovable property in Cyprus as a non-resident is a significant investment, but it also brings with it crucial responsibilities—especially when it comes to succession planning. If you reside abroad but own property in Cyprus, preparing a Cyprus Will governed by Cyprus law is...Read More

Pregnancy Discrimination During Job Applications in Cyprus: Know Your Rights In Cyprus, job applicants who are pregnant are legally protected from discrimination — yet many still face bias during the hiring process. Whether subtle or direct, pregnancy discrimination is both unethical and unlawful. This article explains how Cypriot law protects women from discrimination during employment...Read More

Understanding Land-for-Property Exchanges (“Αντιπαροχή”) in Cyprus In the Cypriot real estate world, the term “αντιπαροχή” (antiparochi) is one you’ll hear often. It’s a unique land-for-property exchange arrangement where landowners partner with developers to transform empty plots or land into valuable new apartments or offices or houses or villas—without any money changing hands in most of...Read More

Understanding Rent Increases and Types of Tenancies in Cyprus: A Legal Insight In Cyprus, the legal framework governing tenancies is divided primarily between statutory and contractual tenancies. The distinction between these two types of agreements plays a crucial role in determining a landlord’s right to increase the rent. The principal legislation that comes into play...Read More

Αποδοχή Μαρτυρίας Ανηλίκου Μέσω Εικονοτηλεδιάσκεψης (Κύπρος 2024) Ιστορική χαρακτηρίζεται στα δικαστικά δρόμενα η αποδοχή μαρτυρίας ανηλίκου μέσω εικονοτηλεδιάσκεψης για υπόθεση γονικής μέριμνας, αφού είναι η πρώτη φορά στα χρονικά που γίνεται αποδεκτή η κατάθεση μάρτυρα εξ αποστάσεως, απόφαση η οποία επικυρώθηκε από το Ανώτατο Δικαστήριο, το οποίο έλαβε υπόψη πως επρόκειτο για μια ιδιάζουσα περίπτωση....Read More

Cyprus Ready-Made Companies (Shelf Companies) Cyprus ready-made companies, often referred to as “shelf” companies, are pre-incorporated entities available for immediate purchase. These companies are ideal for clients who need to start their business quickly and require an immediate Company without having to wait. Ready-made companies have not conducted any business or entered into any agreements,...Read More

Cyprus Golden Visa Program 2025 The Golden Visa Program in Cyprus is a set of relaxed citizenship rules introduced through the 2023 amendments to the Civil Registry Law, 141(I)/2002. This new framework is designed for highly skilled foreign professionals working in research, innovation, and technology sectors.  Eligibility for Cyprus Citizenship Under the new conditions, it...Read More