The Cabinet of Ministers approved on the 15th of February, 2017 a scheme aiming to attract foreign investment to Cyprus through the granting of incentives to third-country (non-European Union) innovative start-ups. The scheme will be applicable to third-country investors, either individuals or groups, who wish to found an innovative business in Cyprus. The start-up capital […]
After the investigation process in the public prosecution is completed, if the General Attorney decides to transfer the case to Criminal Courts by issuing referral order, attendance of the accused becomes mandatory in the criminal court proceedings. However, he has to be given an advanced notice of 3 days before the hearing date, if the […]
Question: A friend of mine called me recently to say that he had been arrested at Dubai airport for carrying prescription medicine without the prescription. I am a European who lives outside the UAE so I don’t have much knowledge about such cases in the UAE. Can you tell me more? Answer: It is unfortunate […]
Infocredit Group is delighted to announce that it will be organising The Corporate Governance Conference, powered by the company’s strategic partner, ICSA: The Governance Institute. The conference will take place on Friday, 5th of May at the Hilton Cyprus. The aim of the conference is to identify and examine international and local developments relating to Corporate Governance […]
It is with great pleasure that we take this opportunity to welcome you to our new website focused on corporate services. As a high-quality entity in the corporate services field, we aim at becoming a reliable consultant to our clients other than mere supplier. Our mission is to treat every single client separately and to […]
The witnesses have to be invited to attend the hearing on the basis of a request from one of the parties. After the approval of the court. The official notice will have to be sent at least 1 day before the hearing date. Although the parties to the case have the right to bring their […]
It is important for any accused in any criminal case to understand what his rights are in criminal sessions and to be able to at least imagine how things might work in such sessions or how the law is organized. That is why, I felt it was important to draft this article on the basis […]
Here is a list of golden rules that the husbands may wish to follow, should they need to protect themselves against financial claims by the wife. 1. Proof of Payment Firstly, it is advised that any payments paid to the wife, including but not limited to the children’s maintenance, rent, the wife’s maintenance, utility bills, […]
In the interests of transparency and flexibility, the Ministry of Labor has introduced important changes in labor law for private companies registered in the United Arab Emirates, by issuing three Ministerial Orders nr. 764, 765, 766. The Federal Law n. 8/1980, which regulates labor law in the UAE, has not been amended and therefore remains applicable. Moreover, these new […]
Question: After a fight with my husband, I tried to commit suicide and cut my wrist. But I only injured myself and have since made a full recovery. I want to know what the law says about suicide in the UAE? Answer: It is very unfortunate that you felt the need to try to take […]
Infocredit Group Receives an Award in the SME Category It is with great pride that we announce the receipt of the IN Business Award in the category of Small and Medium-Sized Enterprises (SME), an award which is dedicated to professional entrepreneurship celebrating leadership and achievement in Cypriot private companies. We are truly honoured for this […]
The UAE legal system has always adopted globally accepted best practices when it comes to the issue of drug abuse. This approach is again witnessed in the newly effected Federal Law No. 8 of 2016, the new drug law, amending Law no. 14 of 1995 as relevant to drugs. This law was issued on 18 […]