Limited Liability Shipping Company Introduced in Cyprus
The Limited Liability Shipping Company Law was approved by the Cyprus Parliament on 6 October 2022, enabling the formation of a Limited Liability Shipping Company....
06 December 2022
Reductions in Cyprus Tonnage Tax for Environmentally Friendly Vessels – Procedure and Arrangements
Through a Circular issued by the Shipping Deputy Ministry on 3 September 2021, the relevant procedure and practical arrangements for qualifying with those incentives has been...
21 September 2021
Reductions in Cyprus Tonnage Tax for Environmentally Friendly Vessel
The Cyprus Shipping Deputy Ministry announced incentives for encouraging emission-reduction and protection of the environment by vessels....
21 January 2021
Cyprus Tonnage Tax System Extension Approved by Parliament
On 15 April 2020 the Cyprus Parliament voted in the law the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus......
16 April 2020
Developments related to the Shipping Industry in Cyprus
The Cyprus Shipping Deputy Ministry announced that the Cyprus Flag Administration has been removed from the US Coast Guard’s targeted flag list......
09 April 2020
Cyprus Tonnage Tax System Extension – Amendments
As announced back in January the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years...
12 March 2020
Cyprus Tonnage Tax System Extended
On 16 December 2019, the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years......
09 January 2020
Cyprus Tonnage Tax System Extended
On 16 December 2019, the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years......