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Legalities in Cyprus

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Legalities in Cyprus

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    HelloI have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down.Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportu

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  2. Thank You Discovery Investment Loans

    Hello I have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportuni

    Total Posts: 1 Last post by egarinc-us

Cyprus Legalities

Business isn't as easy in some countries as it is here in the UK. You need to be aware of the cultural and legal implications of your business operations in Cyprus, because you could face heavy punishment for transgressing.

It is therefore important to acclimatise yourself with the law in Cyprus. There will be many legalities that you will have to adhere to, and you may even find that some laws you are familiar with here in the UK are no longer applicable. Likewise, you may find some new laws which strike you as strange or even oppressive.

Some of the areas to investigate are:

Labour Laws

The body of laws, administrative rulings, and precedents which oversees the legal rights of, and restrictions on, employees and their organisations. This will include things such as minimum wage in Cyprus, holiday and maternity entitlement, ergonomics, trade unions, disability, etc.

Commercial Laws

The body of laws which oversee business and commercial activity in Cyprus. It may encompass such areas as principal and agent; freight and shipping; guarantee; marine, fire, life and accident insurance; bills of exchange and partnership; contracts; food and health regulations; safety laws; privacy rights; copyrights; trademarks; etc.

Civil / Common Law

The body of law that oversees society in Cyprus. It is invariably culture specific. It is important to familiarise yourself with these laws, especially as you will be adopting a new environment and culture.

 

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