KLZT Law - Tsitsios & Associates LLC
Cyprus Property Lawyers
Tax in Cyprus solicitors
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General articles
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]
Introduction Surrogacy is "the practice whereby one woman carries a child for another with the intention that the child should be handed over after birth[1]". There are two main forms of Surrogacy: A volunteer woman (hereinafter called the "surrogate woman") carries an embryo comprised of the egg of the biological (intended) mother and the sperm of the biological (intended) father (hereinafter jointly called the "commissioning couple"). The surrogate woman's egg is not used. In this case the "in vitro fertilised" emb... [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]