When to Litigate vs. Settle — Strategic Advice for Business Disputes in Cyprus
In the business world, disputes are often inevitable. But how you resolve them can make all the difference in cost, reputation, and future operations. At VH Law, we regularly advise clients on whether litigation or settlement is the right path forward. Here’s how to approach this critical decision in the Cypriot legal landscape. Litigation vs. […]
What to Do Immediately After a Road Traffic Accident in Cyprus
A Step-by-Step Guide on Protecting Your Health, Rights, and Legal Interests A road traffic accident can be a stressful and unsettling experience. In the immediate aftermath, it is crucial to remain calm and take appropriate steps to protect yourself—both medically and legally. Whether the collision is minor or more serious, knowing what to do can […]
Family Law in Cyprus: Navigating the Legal Landscape
As a member of the European Union, Cyprus has a well-established legal framework when it comes to family law.
Why You Need a Lawyer for Contract Review: Common Mistakes to Avoid
Contracts are the foundation of any business or personal agreement, outlining rights, obligations, and responsibilities. While it may be tempting to draft or sign a contract without legal assistance, even minor mistakes can lead to costly disputes or legal liabilities. This article explores why hiring a lawyer for contract review is essential and highlights common […]
Website to Official Services in Cyprus
When engaging in business activities in Cyprus, it’s essential to consult official sources. Below are some important websites for legal and business procedures in Cyprus: These websites provide crucial information for company formation, tax obligations, and legal compliance.
VH Law Networking
At VH Law, we recognize the power of strong professional relationships. Our legal team actively participates in industry events, both locally and internationally, to expand our network and stay abreast of the latest legal developments. Networking enables us to connect with business leaders, legal professionals, and potential clients, fostering relationships that lead to mutually beneficial […]
Company Taxes in Cyprus
Cyprus is known for its favorable tax system. The corporate tax rate in Cyprus is 12.5%, one of the lowest in the European Union. Companies are subject to taxes on their worldwide income if they are resident in Cyprus, defined by the management and control of the company being located in Cyprus. Cyprus offers several […]
The Legal Aspects of Real Estate Transactions in Cyprus
Real estate in Cyprus has become increasingly attractive to both local and foreign investors, particularly in light of the country’s booming property market. However, the legal process of purchasing or selling property requires careful navigation to ensure compliance with Cypriot law and the avoidance of pitfalls. In this article, we cover the essential legal aspects […]
Understanding the Process of Incorporating a Business in Cyprus
Incorporating a business in Cyprus can be an efficient process with significant advantages, including the country’s strategic location, favorable tax system, and status as an EU member state. The process begins with choosing a company name, which must be unique and approved by the Department of Registrar of Companies and Official Receiver. After securing approval, […]
GDPR in Cyprus
The General Data Protection Regulation (GDPR) is an EU-wide legal framework designed to protect personal data privacy and give individuals more control over how their data is used. In Cyprus, as part of the European Union, all businesses and organizations are required to comply with GDPR if they process or store personal data of EU […]