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New IP tax regime takes effect
19 Dec 2012 -
Amendments to the Income Tax Law have turned Cyprus into one of the best jurisdictions for royalty and holding structures. The new regime provides attractive opportunities for structuring the exploitation of IP assets through Cyprus, in particular through the use of Cyprus-resident IP owners.
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The Cypriot patent system: Q&A
26 May 2010 -
In 1997 Cyprus entered the European Patent Organisation and became a member of the Patent Cooperation Treaty. Therefore, the most effective way for a European patent holder to enforce its rights in Cyprus is to file a court application for a freezing order until its case is heard by the courts.
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Registrar finally approves registration of AIRKRAFT
24 Feb 2010 -
Following a provisional refusal and two hearings, the trademark registrar has finally approved registration of the trademark AIRKRAFT in Class 12 of the Nice Classification. The provisional refusal had been based on an ex officio examination and on absolute grounds for refusal.
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MISS COOL accepted for registration
10 Feb 2010 -
The trademarks registrar has accepted an application to register the trademark MISS COOL in Cyprus. The registrar had previously filed a provisional refusal against the trademark application, but revoked this refusal following a hearing.
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Examining the Cypriot trademark system
03 Feb 2010 -
In Cyprus, the legal framework for trademarks is governed by both national legislation and international treaties, such as the Paris Convention for the Protection of Industrial Property. Any natural person or legal entity is entitled to apply for and own a mark, provided that it uses or intends to use the mark.
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