The firm’s location in Larnaca permits it to have dealings with shipping companies that want to use Larnaca’s port (or even Limassol’s port) as a base for their commercial transactions on the island and in the Middle East. Our firm takes responsibility for ship registration under the Cypriot flag, drafting of carriage of goods agreements, opening letters of credit as well as other related services. 

We believe that this area of law has still a lot of potential for expansion in Cyprus in view of Cyprus’s accession to the European Union in the near future. Having Cyprus as the first EU frontier point will offer substantial opportunities to the island in terms of customs revenue of merchandise coming from the Middle and Far East, and will undoubtedly attract many foreign EU companies to the island.