Archive for March 16th, 2011
Cyprus Company Formation Form a Private Limited Company in Cyprus
In order to form a private limited company in Cyprus you will need a Cypriot law firm.
The following legal entities can be set up on the client’s behalf by a Cypriot Law Firm:
- Private Limited Companies or Public Companies
- General or Limited Partnerships (LLC)
- European Companies (SE)
- Branch Offices & Trade Names
The applicant must through a law firm in Cyprus apply to the Registrar of Companies in Cyprus for approval of the company’s name and registration.
The application should be accompanied by various registration forms, the memorandum and articles of association of the company and the affidavit of compliance, duly signed and sworn by a Cypriot lawyer.
A Cypriot law firm which offers, amongst others, these corporate services is N. Pirilides & Associates LLC in association with Multilysis Services Ltd, which offer a full range of services relating to the incorporation/ registration, management and administration of companies in Cyprus and abroad, i.e. fiduciary services, domestic and international tax planning advice, accounting and bookkeeping and any other corporate law issues that may arise.
We provide all relevant legal assistance & consultation. For more information please do not hesitate to contact us! You can also visit our websites at http://www.pirilides.com/ and http://www.multilysis.com/
Healthcare for EU citizens permanently residing in Cyprus
Prepared by N.Pirilides & Associates LLC Cyprus Lawyers - Healthcare for EU citizens permanently residing in Cyprus
Healthcare in Cyprus can be provided, just like in most countries of the world, either privately by paying a private doctor or clinic or publically, by paying governmental medical institutions and doctors.
To obtain healthcare from governmental institutions for free or by paying reduced medical fees, one needs to obtain a specific medical card. To apply for the said medical card, you must either be a Cypriot citizen or an EU citizen who resides permanently in the Republic of Cyprus. According to the relevant law, permanent residency for healthcare purposes, can be obtained via a minimum of a continuous 3-year stay in Cyprus and with an at least 150 days stay within the Republic in each year. In practice, a Registration Certificate (the so called “yellow slip”) accompanied by other relevant documents will suffice and the whole process might thus be approved at a period earlier than the 3 years.
The aforementioned medical card application must be filed in the Citizens Service Centers.
Another important criterion for obtaining the medical card, is that one of the following must be met:
There are two types of medical cards in Cyprus, Card A and Card B:
Medical Card A (pink card – free medical care) is issued to the following persons:
(a) Persons without dependants whose annual income does not exceed €15,377.41.
(b) Members of a family whose annual income does not exceed € 30,754.83 increased by €1,708.60 for each dependant child.
(c) Members of a family with four or more children.
(d) Enslaved persons and members of their families.
Medical Card B (blue card – treatment at reduced fees) is issued to the following persons:
(a) Persons without dependants whose annual income exceeds €15,377.41 but not €20,503.22.
(b) Members of a family whose annual income exceeds the amount of €30,754.83, but does not exceed the amount of € 37,589.23, increased by € 1,708.60 for each dependant child.
Certainly, in cases of serious or congenital diseases the abovementioned income criteria do not apply and healthcare is provided irrespective to the above.
We provide all relevant legal assistance & consultation. For more information please do not hesitate to contact us!
Prepared by N.Pirilides & Associates LLC Cyprus Lawyers - Healthcare for EU citizens permanently residing in Cyprus – http://www.pirilides.com/