Due to the favorable tax provisions as well as the strategic position of the island of Cyprus and its proximity to the Suez Canal, it has become a well-established shipping and ship management center providing multiple incentives attracting worldwide leading ship-owners.

Further to the above, the island of Cyprus has an ‘Open Registry’ Regime (EU approved) with the advantageous and legally endorsed Tonnage Tax System (TTS).

Our firm has extensive knowledge in Admiralty & Shipping providing a wide range of services including:

  • Carrying out searches and liaising with the Department of Merchant Shipping
  • Registering a vessel under the Cyprus flag and/or other Jurisdictions
  • Acting as authorized representatives of ships in Cyprus
  • Court Procedures for the arrest and sale of Ships
  • Conducting admiralty litigation