Over the years Cyprus evolved into a significant international maritime center. The island΄s strategic location, which is at the crossroads of three continents (Europe, Asia, Africa) enabled Cyprus to play a prominent role in its success as an international shipping centre.
The sufficiency of Cyprus legal system based on the English model, the high level of professionalism in the legal and accounting sectors, the excellent banking system combined to the adoption of major number of bilateral treaties for the avoidance of double taxation and the favorable taxation regime and special taxation regime for Shipping Companies, have raised Cyprus flag into a position of prominence in world shipping.
Tsangaris Legal provides a wide spectrum of services in this field and has an extensive experience in admiralty and shipping law issues. Our team can manage effectively all procedures relating to the registration of ships and all registry related transactions. We offer a full range of services for the purchase and sale of vessels and ships, from the creation of an offshore corporation to the registration and documentation of vessels and ships under all flags. We advise owners, managers, charterers, freight forwarders and their respective insurers and help to resolve commercial and legal problems in Cyprus and abroad.