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Our Partner, Giorgos Avraamides participated as a speaker in the Great Britain – Cyprus Business Association’s International Business Conference in association with Spector Constant & Williams.

Our Partner, Giorgos Avraamides participated as a speaker in the Great Britain – Cyprus Business Association’s International Business Conference titled “Cyprus - An Attractive Investment Hub 2022 & London – A Global Financial & Investment Centre” which took place in London on 10th May 2022. His presentation focused on Cyprus as a destination for headquarter establishment and relocation based on the Government’s action plan for 2022. The International Business Conference also covered topics in relation to the Fund Industry in Cyprus, Real Estate, Renewable Energy, Metaverse, Crypto tokenization, Education as well as the Medical sector. If you are interested to watch the full conference,...

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Our Senior Lawyer and Team Leader of the Legal & Financial Services Department, Panayiotis A. Koussis participated as a speaker in the Great Britain – Cyprus Business Association’s International Business Conference.

  Our Senior Lawyer and Team Leader of the Legal & Financial Services Department, Panayiotis A. Koussis participated as a speaker in the Great Britain – Cyprus Business Association’s International Business Conference titled “Cyprus - An Attractive Investment Hub 2022 & London – A Global Financial & Investment Centre” which took place in London on 10th May 2022. His panel focused on Crypto, tokenisation & the potential for business. The International Business Conference also covered topics in relation to the Fund Industry in Cyprus, Real Estate, Renewable Energy, Metaverse, Crypto tokenization, Education as well as the Medical sector. If you are interested to watch...

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Decentralized Finance (DeFi): The European Regulatory Perspective

Introduction Decentralized finance is challenging the centralized traditional financial system by disempowering intermediaries and facilitate peer-to-peer transactions where the users are able to retain control over their money. Where there is a lack of regulation at the time of writing this article, DeFi promises a dynamic, disintermediating revolution in finance, steadily taking over the traditional financial world. In this article I will discuss some of the most important implications of DeFi for existing financial regulations, as well as the challenges regulators are confronted with focusing especially on EU’s approach. What is DeFi? Decentralized Finance refers to platforms that allow users to perform different...

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Cyprus ratifies Double Tax Treaty with Jordan

On 31 December 2021 Cyprus ratified the first ever concluded Double Tax Treaty with the Hashemite Kingdom of Jordan (the “Treaty”). The Treaty was signed on 17 December 2021 where it is based on both the OECD Model Tax Convention on Income and on Capital and the United Nations Model Double Taxation Convention.  The Treaty incorporates the Base Erosion and Profit Shifting (“BEPS”) minimum standards. The Treaty will be in effect in the year following the year in which the ratification process in the Hashemite Kingdom of Jordan is completed.  Assuming the ratification process is completed during the current year, the Treaty...

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PCV LLC participated in the panel discussion of the International Business Conference that took place in London

[caption id="attachment_5072" align="alignright" width="160"] PCV LLC Senior Partner Giorgos Avraamides[/caption] [caption id="attachment_5073" align="alignleft" width="192"] PCV LLC Managing Partner Alexandra Pelaghias-Christodoulou and H.E.Mr. Nicos Nouris[/caption] On 23rd November 2021 our law firm participated in the panel discussion of the International Business Conference that took place in London, UK organised by the Great Britain - Cyprus Business Association in association with Spector Constant & Williams. Congratulations to our managing partner Alexandra Pelaghias-Christodoulou as well as to our newly qualified partner Giorgos Avraamides for their participation and panel discussion on the topic Business Orientation: Cyprus 2021. For more info please click the link:  www.gbcy.business/events....

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Non – Fungible Tokens (NFTs) – The collectibles of the future

What is an NFT? An NFT is a digital asset that represents real-world objects like art, music, in-game items, and videos. They are bought and sold online, frequently with cryptocurrency through designated platforms as Opensea, and they are generally encoded with the same underlying technology as many other cryptocurrencies. Although they have been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. NFTs are also generally one of a kind and have unique identifying codes. This is in stark contrast to most digital creations, which are almost always infinite...

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Action Plan to Attract Companies to Operate and/or Expand their Activities in Cyprus Presented by the Ministry of Finance

Action Plan to Attract Companies to Operate and/or Expand their Activities in Cyprus Presented by the Ministry of Finance The Minister of of Finance Mr. Konstantinos Petridis on behalf of the Republic of Cyprus, presented on 15th of October 2021 the Action Plan/Strategy for attracting companies to expand their activities in Cyprus. The incentives given include residence, employment, taxation as well as simplification and digitisation of procedures in order to promote the Republic of Cyprus as an attractive investment destination. The Action Plan is a comprehensive Strategy including twelve (12) targeted actions in five (5) pillars taking into account the best practices from...

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On 14th October 2021 our senior lawyer, Panayiotis A. Koussis participated as one of the speakers in the 2nd Conference of the Technology Committee of the Cyprus Bar Association on “Law & Technology: Challenges and Practical Applications”.

On 14th October 2021 our senior lawyer, Panayiotis A. Koussis participated as one of the speakers in the 2nd Conference of the Technology Committee of the Cyprus Bar Association on “Law & Technology: Challenges and Practical Applications”. His presentation was focused on the Introduction of Cryproasset Service Providers (CASPs) in Cyprus after the enactment of the EU Directive to national law. The conference also covered topics in relation to Cryproasset Service Providers (CASPs), Emerging Technologies and Law, eIDAS & Electronic Signatures, Digital Forensics and eDiscovery. You can download the presentation here. If you are interested in watching the full conference, you can find the...

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Τhe Minister of Transport, Communications and Works held a meeting with the Shipping and Aviation Committee of the Cyprus Bar Association represented by our CEO/Managing Partner Mrs. Alexandra Pelaghias-Christodoulou and Mr. Xenios Xenopoulos

A meeting was held on the 27th of July at the Ministry of Transport, Communications and Works between the Minister Mr. Yiannis Karousos and the Shipping and Aviation Committee of the Cyprus Bar Association represented by Mr. Xenios Xenopoulos and Mrs. Alexandra Pelaghias-Christodoulou. The aim of the meeting was to exchange views and suggestions on how Cyprus could be an International Aviation Center. In this respect, the Shipping and Aviation Committee presented an Action Plan to the Minister stating that with the creation of an International Aviation Center in Cyprus the relevant sector will be developed and new job positions will...

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Ανακοίνωση για Επιβολή Ετήσιου Τέλους Επαγγελματικής Άδειας από την Ένωση Δήμων / Announcement Imposition of Annual Professional License Fee from the Association of Municipalities.

ΑΝΑΚΟΙΝΩΣΗ ΓΙΑ ΕΠΙΒΟΛΗ ΕΤΗΣΙΟΥ ΤΕΛΟΥΣ ΕΠΑΓΓΕΛΜΑΤΙΚΗΣ ΑΔΕΙΑΣ ΣΕ ΕΝΕΡΓΑ ΝΟΜΙΚΑ ΠΡΟΣΩΠΑ ΠΟΥ ΕΧΟΥΝ ΤΗΝ ΕΔΡΑ ΤΟΥΣ ΣΤΟ ΔΗΜΟ ΛΕΥΚΩΣΙΑΣ   Αγαπητοί μας πελάτες και συνεργάτες, Με την παρούσα, φέρουμε εις γνώση σας την ανακοίνωση που λάβαμε από τον Δήμο Λευκωσίας, εντός των δημοτικών ορίων του οποίου ευρίσκεται η διεύθυνση των γραφείων μας. Η ανακοίνωση αυτή αφορά την απόφαση που λήφθηκε σύμφωνα με τα άρθρα 104 και 105 του Περί Δήμου Νόμου 111/1985 για την επιβολή «Ετησίου Τέλους Επαγγελματικής Άδειας» επί ενεργών εταιρειών που έχουν ως διεύθυνση τα γραφεία μας και που είτε έχουν εδώ το εγγεγραμμένο γραφείο τους (επίσημη έδρα) είτε από εδώ...

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