LexBlog Cyprus

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Latest documents

• Why Late Annual Returns in Cyprus are Often a Systemic Issue, not Negligence.

  Why Late Annual Returns in Cyprus are Often a Systemic Issue, not Negligence. One of the most common questions we receive from clients of Corporate Services is: “Why has my company been charged a penalty for late filing, and whose fault is it?” It is a fair question. And, in many cases, it is asked...

• Choosing the Right Flag is a Strategic Decision, not an Administrative One

  Choosing the Right Flag is a Strategic Decision, not an Administrative One Introduction – The Misconception that Costs Millions For many shipowners, vessel registration is treated as a procedural step, a box to be ticked once a deal is concluded. The flag is often selected based on speed, cost, or familiarity, with limited consideration of...

• No More Manels

  In the email signature of a former United Nations Special Rapporteur was a sentence that has stayed with me: “I do not join manels.” A “manel”, now widely defined as an all-male panel, is not simply descriptive. It reflects structural patterns in who is recognised as an expert and who is not. On 31 March...

• AGPLAW Celebrates Continued Recognition in Legal 500 EMEA 2026 with Five Practice Area Rankings and Individual Distinctions.

  AGPLAW Celebrates Continued Recognition in Legal 500 EMEA 2026 with Five Practice Area Rankings and Individual Distinctions. AGPLAW keeps on building on its established presence in the Cyprus legal market, with continued recognition in the Legal500 EMEA 2026 guide. This achievement marks another year of consistent excellence for our firm, highlighting our continued commitment to...

• SOLAS Amendments Effective 1 January 2026. What Shipowners, Operators and Managers Must Prepare

  SOLAS Amendments Effective 1 January 2026. What Shipowners, Operators and Managers Must Prepare On 1 January 2026, a new package of amendments to the International Convention for the Safety of Life at Sea (SOLAS) will enter into force, introducing material changes in three critical areas of ship safety and compliance: Fire safety systems, particularly in...

• SOLAS Amendments on Container Loss Reporting. New Mandatory Requirements from 1 January 2026

  SOLAS Amendments on Container Loss Reporting. New Mandatory Requirements from 1 January 2026 From 1 January 2026, important amendments to the International Convention for the Safety of Life at Sea (SOLAS) will introduce mandatory reporting obligations for the loss of freight containers at sea. These changes, adopted by the IMO Maritime Safety Committee through Resolution...

• Welcoming a New AGPLAW Partner: Mihaela Neagu

  We are thrilled to announce that Mihaela Neagu has rejoined AGPLAW as Partner in the Financial Services Regulatory & Advisory practice. Mihaela returns to the firm bringing over 12 years of experience in legal, regulatory, and compliance roles within the financial services, fintech, and digital assets sectors. Having previously been part of the AGPLAW team,...

• Geopolitical Tensions and Maritime Risk | Why Strategic Ship Registration Matters More Than Ever

  Geopolitical Tensions and Maritime Risk  | Why Strategic Ship Registration Matters More Than Ever The recent escalation of tensions in the Middle East and the disruption of maritime traffic through the Strait of Hormuz have once again highlighted how vulnerable global shipping routes can be to geopolitical developments. For shipowners, operators and maritime investors, these...

• Regulatory & Enforcement Exposure for Cyprus Investment Firms | 2026 Outlook

  Regulatory & Enforcement Exposure for Cyprus Investment Firms | 2026 Outlook The regulatory landscape for Cyprus Investment Firms is becoming increasingly demanding, with regulators placing greater emphasis on effective governance, robust compliance frameworks, and operational resilience. As supervisory expectations across the EU continue to evolve, firms operating through Cyprus may face increased regulatory scrutiny and...

• European Council agrees position to streamline rules on AI

  The European Council has agreed on a proposal to streamline AI Act rules as part of the “Omnibus VII” legislative package aimed at simplifying the EU’s digital legislative framework and harmonizing AI regulations. Marilena Raouna, Deputy Minister for European Affairs of Cyprus, emphasized the urgency of this proposal to enhance the EU’s digital sovereignty, providing...

Featured documents

• The “Turkaegean” Trademark Dispute: Greece Vs Turkey

  A Legal Analysis of Greece’s Success Against Turkey in the Aegean Trademark Dispute of January 2025, and its Implications for EU Intellectual Property Law. The recent decision by the European Union Intellectual Property Office (EUIPO) in January 2025 to cancel Turkey’s “Turkaegean” trademark marks...

• Cyprus Establishes National Sanctions Unit and Revamps AML/Blockchain Law in Major Compliance Overhaul

  Cyprus is undergoing a significant regulatory transformation in 2025, reinforcing its sanctions enforcement mechanisms and modernizing its anti money laundering (AML) laws to address emerging risks, particularly in crypto assets. These changes are reshaping the corporate services, shipping, energy, ...

• Restitution and Unjust Enrichment under Cyprus Law

  Restitution and Unjust Enrichment under Cyprus Law Failed commercial transactions often raise a deceptively simple question: can money already paid be recovered? Cyprus law answers this question through the doctrines of restitution, unjust enrichment, and failure of consideration, areas of law that ...

• The Benefits of Registering a Ship Under the Liberian Flag for Large Fleet Owners

  Liberia is one of the world’s largest open registries, known for its flexible policies and global reach. Large fleet owners benefit from cost savings, operational efficiency and seamless international access. Why Liberia? Tax Advantages: No income tax on shipping revenues and competitive...

• Podcast Episode 3: Wills VS. Trusts in Cyprus: A Brief Analysis

  In this episode, we dive into the essentials of estate planning in Cyprus, exploring the key differences between Wills and Trusts. We discuss their legal frameworks, advantages, disadvantages, and when to choose one over the other; or even combine both for a robust estate plan. For more information ...

• Can Anyone Add Assets to a Trust? The Legal Reality

  Can Anyone Add Assets to a Trust? The Legal Reality One of the most frequently misunderstood aspects of trust structuring concerns the contribution of assets. Clients, advisors, and sometimes even professionals assume that once a trust exists, assets can be “placed into it” relatively freely, by...

• Cyprus Presidency Seeking to Achieve Partial General Approach on Certain Elements of Data Protection Reform Package by December 2012

  The Cyprus Presidency of the Council of the European Union has made clear its objective to achieve a general partial approach on certain articles of the new legislative package on data protection by December 2012, with a view to having the whole legislative package adopted in 2013 or early in 2014. ...

• AGPLAW Successfully Obtains Anton Piller Order in a Landmark Cyprus Case

  AGPLAW is proud to announce a significant victory in the Limassol District Court, where we successfully obtained an Anton Piller Order on behalf of our clients. This order, a rarely granted ex parte injunction, allowed for the search and seizure of evidence from the premises of the defendant,...

• AGPLAW Walks for Prevention: Sponsoring the Europa Uomo Blue Route 2025

  On Sunday, 19 October 2025, the AGPLAW team along with colleagues, friends, and families, will proudly sponsor and actively participate in the Europa Uomo Cyprus Initiative: Blue Route – Walking for Prevention at the Molos Promenade in Limassol; a landmark Program dedicated to promoting prostate...

• The European Artificial Intelligence Act in 2026

  The European Artificial Intelligence Act in 2026 In June 2024 the European Parliament and European Council have adopted the Regulation (EU) 2024/1689, which will come in force in August 2nd, 2026. Introduction In light of the rapid technological developments and the increased dependence on tools...