Following the accession of Cyprus to the European Union on 1 May 2004, it also became a member of the Office for Harmonization in the Internal Market (OHIM). OHIM is based in Alicante Spain and it is the Office where applications are accepted for the Registration of Community Trade Marks (CTM) and Community Industrial Designs (RCD). A Community Trade Mark registration grants to its proprietor a uniform right valid in all Member States of the European Union by means of one procedural system. Thus once a Trade Mark is registered as a Community Trade Mark, its pr... [read more]

The Collective Gambling Regulation Act 75(I) 1997 regulates the operation in the Republic of Cyprus of the Sports Betting Providers and imposes taxes for the said bets. As the law stands now, a limited liability company that is registered in Cyprus with exclusive purpose to operate as betting company and accept collective bets and it's issued and paid up share capital is minimum €170.100 it can apply to the Cyprus Ministry of Finance to obtain a licence to operate as a betting provider company. A.          Requi... [read more]

Cyprus was a British colony until 1960, when the island became an independent republic. Until independence the legal system was based on the English legal system. As a result of British Rule, the English legal system was introduced in Cyprus and many laws were enacted in an effort to import the doctrines of common law and equity in Cyprus. After independence in 1960 the English legal system was largely preserved. According to Article 188 of the 1960 Constitution all laws in force on the date of the coming into operation of this Constitution shall, until amended, whe... [read more]