Cyprus tonnage tax, yacht finance, EU regulations, provisional, permanent or bareboat charter registration, parallel-in, parallel-out, ship ownership, tax planning, VAT leasing.

The aim of our shipping department is to attend to the needs of ship owners, ship operators and other professionals engaged in shipping and related business.

Whilst first and foremost, we tend to the registration of shipping companies, our shipping team has vast experience in ship and yacht registration and parallel registrations of such under the Cyprus system and in a timely manner.

Yacht registration is also key, whereas our team is able to assist with its registration and advice on how to enjoy the very attractive VAT leasing scheme that Cyprus offers for yacht, mega-yacht and sailing boat owners which has been renewed for a further 10 years as of October 2019.

We can advise on a variety of shipping related matters, particularly:

Chartering (bareboat, time & voyage)
Tax planning and structuring of ship owners via the Cyprus Tonnage tax system and various qualifications
Tax planning and structuring on sale or purchase of mega yachts.
Transfer of ownership / name
Change of name
Drafting and negotiation of ship management agreements and other related contracts
Recording, transfer and discharge of mortgage
Issuance of STCW endorsement
Payroll management and employment matters (i.e officers and crew)

Contact

Maria Theocharous

Advocate

Maria Theocharous

Advocate

+357 25 866 480

maria.theocharous

Maria graduated with a Law degree from the University of Cyprus in 2016 and subsequently pursued a Master’s degree in International Shipping Law at Queen Mary University of London, graduating in 2018. She successfully completed her legal training and was admitted to the Cyprus Bar Association in 2017. Currently, Maria is undertaking her Ph.D. in International Shipping Law.

Prior to joining E & G Economides LLC, Maria amassed significant experience as an advocate at a distinguished law firm in Limassol, where she expertly handled complex corporate, commercial, and shipping law matters.

In her current role at E & G Economides LLC, Maria is dealing with corporate and commercial law. She is highly regarded for her proficiency in drafting and reviewing comprehensive corporate agreements and managing intricate legal transactions. Moreover, she is a trusted advisor on shipping-related matters, both administrative and legal, leveraging her extensive expertise in international shipping law.

Maria’s dedication to her field, combined with her strategic approach and commitment to delivering exceptional client service, positions her as a highly sought-after legal expert. Her contributions have significantly enhanced the firm's reputation for excellence in legal practice.

ACADEMIC QUALIFICATIONS

Bachelor of Laws, University of Cyprus

Master of Laws in International Shipping Law, Queen Mary University of London

MEMBERSHIPS

Cyprus Bar Association

PRACTICE AREAS

Corporate & Commercial

Shipping

Publications

Contributions - 17 Jun 2022

3rd edition of the ICLG Digital Business 2022

English

Articles - 17 May 2022

The Cyprus Maritime Cluster - Ship Finance in Cyprus: Mortgages

English

Contact

Maria Theocharous

Advocate

ACADEMIC QUALIFICATIONS

MEMBERSHIPS

PRACTICE AREAS

Publications

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