E-commerce is growing at an unprecedented rate, especially in today’s business climate. Many businesses are looking to the internet to offer their products and services to a global market to increase sales, revenue and profitability. Launching an e-commerce business comes with it legislative and regulatory requirements, as well as tax and Vat implications that business owners or entrepreneurs may not be aware of.
E-commerce in Cyprus is regulated by the Electronic Commerce Law (156(I)/2004) which entered into force on the 30 April 2004 for the purpose of the implementation of Directive 2000/31/EC of the European Parliament and the Council of the European Union on 8 June 2000 on certain legal aspects of information society services, in particular electronic commerce, in the Internal Market.
Where we can help:
Our team of lawyers, experts in e-commerce law, can advise you on setting up an e-commerce business that is compliant with all appropriate laws and regulations.
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