Protecting mortgages for Cyprus-flag ships

By Zacharias Kapsis According to the Merchant Shipping Laws of 1963, the main statutes for all matters relating to the registration of ships and related transactions in the Register of Cyprus Ships,

COVID19: Cyprus Foreign Minister self-isolating

Cyprus Foreign Minister Nikos Christodoulides is the fourth government minister to be self-isolating after one of his close associates tested positive for coronavirus. He has since tested negative for COVID-19 but in

Cyprus revises VAT for yacht leasing scheme

By Zacharias Kapsis The Tax Department has introduced new procedures regarding the leasing from December 23, 2019, onwards of recreational vessel owning companies registered on the VAT Registry. The Interpretative Circular 240

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