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06/09/2010 08:21:55
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Introduction to Cyprus Business Frame

Throughout the years, Cyprus has developed as a world renowned International Business Centre. Its political and economical stability, solid legal infra-structure and efficient administration have proved to be fundamental factors in its steady advancement.

Compliance with quality, protection and formality standards relating to different sectors of the economy, as these apply internationally. has always been an objective. Cyprus has drawn up a number of Double Tax Treaties with other countries and ratified various international conventions in several legal areas. Protection as to Intellectual Property could not be an exception.

Cyprus has become a member of the World Intellectual Property Organisation (WIPO) and of numerous related conventions. Its intense commercial activity both on an international and national level imposes the necessity to safeguard the property of business entities and individuals in order to validate commercial activity.

Due to its accession to the European Union as a full member on 1 May 2004, Cyprus further extended its scope of activity and its position is even more attractive. Legislation as to various sub-sectors of intellectual property has been harmonised to meet the demands of the Community and Cyprus has officially become a member to The Office for Harmonisation in the Internal Market (Trade Marks and Designs) (OHIM).

Thus a single successful application via a Cyprus Legal Representative for the registration of a Community Trademark or Design means that the same can be protected in




   
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