Before proceeding with the conclusion of an Agreement with a Franchisor a decision must be taken as to what form the franchisee will take, there are several options, these being namely as a sole trader, a partnership or a limited company.

How does a creditor take security over assets in Cyprus? A bona fide creditor may attempt to take one of the following actions to enable them to take security over assets in Cyprus.

As a buyer, you should be aware of the protection that is available to you in the event of the late delivery of the immovable property you have purchased and also some of the things you need to avoid including in your contract.

Electronic commerce relates to Information Technology area and the laws applicable to IT issues also cover e-commerce. Cyprus has passed new laws concerning IT issues to be in conformity with European standards. Before 2004, this law area was weakly regulated here and implementation of EU Directives brought the Republic to the European level and expanded the applicable legal framework.

Intellectual property law covers a whole range of processes, ideas and inventions. It gives protection not only to the creators, owners and authors against infringement but also members of the public who rely on the safety, reliability and authenticity of the products.

As of November 2007, Cyprus has been fully compliant with the Markets in (Financial Instruments Directive), known as MIFID. The legislation passed on 25 November 2007 and published in the Cyprus Gazette on 26 November 2007. The new law replaces the Investment Firm Law of 2002.

As of 1 May 2004, Cyprus, together with nine other countries, has been a full member of the European Community. Cypriots have always viewed the island's accession as a tool for solving our political problem, thus failing to focus on the positive legal implications that it will create by conferring rights upon individuals.