KNOWLEDGE
Expert Witnesses under the New Civil Procedure Rules
The new Civil Procedure Rules, which have entered into force on the 1st of September 2023, have brought about monumental changes in the way in which cases will be heard before the Cypriot Courts.
Winding-up vs Striking-off
Under the current legal framework, there are various ways by which a company may cease to exist: voluntary winding-up, compulsory winding-up, winding-up under court supervision, striking off. The process and consequences of each of these methods are briefly analysed herein.
THE IMPACT OF EU LAW ON THE CYPRUS CORPORATE TAX SYSTEM
For an effective tax planning strategy, businesses in Cyprus need to be fully aware of the concepts of taxation on a European level and how they affect Cyprus at present and how they may affect it going forward. An informed overview as a first step to gaining such an understanding.
Cyprus New Pre-Action Protocols: A mere formality or a substantive change of mentality?
New Rules introduce certain Pre-Action Protocols that the parties are expected to follow before the initiation of legal proceedings before the Court.
BIM and the Cypriot construction industry, a construction lawyer’s perspective
BIM, which is the acronym for Building Information Modelling is not new. In fact, BIM as a concept was first developed in the 1970s. The acronym BIM crept into existence sometime in the late 1980s and the protogenic BIM software, albeit quite limited in its functions, was first issued in the mid 1990s. Nowadays, the technology has progressed to such an efficiency that most developed construction markets, irrespective of location, have shifted to BIM.
State Aid and Taxation
Fiscal state aid is a hot topic right now, with a number of high-profile cases going through the European courts.
Under EU law, Member States are prohibited from giving an advantage in any form whatsoever to undertakings on a selective basis, unless it is justified by reasons of general economic development.
Trademark protection in the Metaverse
The level of trademark protection in the Metaverse will depend on the legal and regulatory developments that emerge as the concept evolves and becomes more established.
The Protection of Taxpayers’ Rights
There have been some interesting cases at the CJEU where some of these rights were invoked. In this newsletter, we look at some of the areas in which the EU’s Charter has afforded protection to taxpayers which may be relevant to the audit process, investigations, information orders and penalties.
