Authorized Representation in Cyprus
According to the provisions of Article 5A of the Merchant Shipping (Registration of Ships, Sales and Mortgages) Laws of 1963 (as amended), an authorized representative may be:
- a Cypriot citizen or a citizen of any other Member State, who is a resident of the Republic within the context of the Income Tax Laws of 2002 -2004, or;
- a partnership that has been incorporated and is registered according to the stipulations of the General and Limited Partnership and Business Names Law, having its base of business in the Republic, and having employed permanent staff in the Republic, or;
- a legal entity that has been incorporated and registered according to the stipulations of the Companies Law, having its base of business in the Republic, and having employed permanent staff in the Republic, or;
- a branch of a company that has been incorporated and registered in accordance with the provisions of the Companies Law, having its base of business in the Republic.
The obligation of appointing an authorized representative applies for as long as the owner of a Cyprus ship or of its share is registered as such in the Registry.
The authorized representative’s main role is that of an intermediary between the Registrar and the shipowner, having no liability for the actions or omissions of the shipowner.
In the cases where the appointment of an authorized representative is obligatory by Cyprus legislation, we can provide such services, thus acting as your authorized representatives in Cyprus.
