Cyprus flag Cyprus: Business Environment

Business law in Cyprus

Legal Framework

Independence of Justice
Judiciary is independent in Cyprus. It operates according to the British tradition by upholding the presumption of innocence and the right to due process.
Equal Treatment of Nationals and Foreigners
Foreign nationals in Cyprus enjoy equal treatment from the judiciary including the commercial disputes.
The Language of Justice
Both Greek and Turkish are the judicial languages in the country.
Recourse to an Interpreter
Having an interpreter is always possible.
Sources of the Law and Legal Similarities
The source of the law is the Constitution of 1960 which is based on common law. The country accepts compulsory ICJ jurisdiction but with reservations. Cyprus has joined the European Union in May 2004. The application of the european legal framework is suspended in the north part.
Checking National Laws Online
Cyprus Government Gazette online

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Latest Update: April 2024