Our Lawyers provide qualified guidance about the negotiation, drafting, and interpretation of charter celebration agreements, ensuring that our consumers’ pursuits are safeguarded. We also represent clientele in charter bash disputes, delivering strong advocacy and strategic counsel to obtain favorable outcomes.
Is there a domestic arbitral institution using a panel of maritime arbitrators specialising in maritime arbitration?
Maria is of course inquisitive, always desperate to challenge herself and explore new prospects. In 2017, driven by curiosity in addition to a drive For brand new encounters, Maria applied for your situation of Product skilled at Safebridge, to work together with her private observe operate.
For ship-owning companies, the earnings derived with the proprietor of the ship registered in the ecu Union or European Economic place (EEA) (and other foreign jurisdictions, subject to situations) from its Procedure/charter out are thoroughly exempt from all direct taxes.
we offer a wide number of services customized to the specific needs of both national and international shipping consumers.
wherever these warranties are not relevant, then considering that the rule of ‘privity of contracts’ applies in Cyprus, the purchaser would not Use a right of declare against the builder, but only towards the vendor from the ship, and could be based upon the phrases on the deal of sale in the ship involving them. This is often a memorandum of arrangement dependant on the Norwegian sales sort or identical.
EU regulations use in Cyprus as regards recycling of ships. there won't be any recycling amenities domestically.
The favorable tax regime in Cyprus is another appealing factor for business owners. The state provides a minimal corporate tax fee of 12.
there won't be any specific solutions obtainable. The defendant may well file an action trying to find a declaration which the claimants’ (international) action is null and void and should be stayed; nevertheless, Cypriot courts, for a issue of public coverage, based on the theory of the comity of countries, can be really hesitant to entertain such an motion and would like to depart the issue for the foreign courtroom to come to a decision.
Maintaining your company involves satisfying annual reporting specifications. Cyprus corporations are needed to file yearly financial statements, tax returns, and also other suitable documents Along with the Registrar of firms.
This collaboration is a quick action-by-phase advice. In no situation it could be regarded as legal suggestions. If you would like -or need – legal suggestions, ask for a lawyer or even a regulation firm. In that circumstance Michael Damianos & Co LLC is a wonderful possibility in Cyprus.
Our website determination to excellence in client company is matched only by our commitment to offering useful, results-oriented alternatives that safeguard your interests and propel your business forward.
Georgia Tymviou I am exceptionally amazed Along with the integrity and professionalism of The complete workforce. Their ongoing legal help and Fantastic expertise has been invaluable.
Our workforce is professional in managing ship arrests and releases in Cyprus, performing swiftly to safeguard our shoppers’ passions and limit disruptions to their operations.