Cyprus: Relocation And Retirement In Cyprus The Tax Aspect


Since 2004, Cyprus is a full Member State of the European Union. This fact, along with its good strategic location, highly skilled human capital, excellent infrastructure, reliable communications, relatively low cost of living, sound and stable legal system, warm climate and hospitality of its people, are some of the advantages which contribute to Cyprus' continuous development as a competitive international financial, tourist, retirement and relocation centre.

The Government of Cyprus has for many years implemented policies to attract foreign investments and foreigners to Cyprus. One of the most important policies is the newly introduced notion of resident but not domicile which puts Cyprus in the map of jurisdictions that are considered ideal for HNWI to reside in.

We present herein below an outline of the main tax issues an individual wishing to relocate or retire in Cyprus will encounter.

This outline does not deal with the tax aspects applicable to legal person but refers only to physical persons. For relevant information on legal persons kindly refer to our publication, "Cyprus Tax Legislation on Companies (The Foreign Investors' Approach)".


The Cyprus tax system may impose taxes only to tax residents of Cyprus or persons who have income from sources in Cyprus.

  1. Tax Residents in Cyprus:

Tax resident of Cyprus, in the case of a physical person, means:

  1. Any individual who resides in Cyprus for one or more periods which exceed in total 183 days in the financial year, or
  2. Any individual who stays in Cyprus for at least 60 days in the year of assessment, provided that:

1) He/she is not tax resident in another country (i.e. does not spend more than 183 days in any other jurisdiction)

2) He /she maintains a permanent residence in Cyprus which can be owned or rented

3) He/she conducts any business or is employed in Cyprus or is a director in a Cyprus company as at the 31st of December in the year of assessment.

All Cyprus tax residents, as identified above, either Cypriots or foreign nationals, are taxed in Cyprus on their worldwide income accrued or derived from all sources in Cyprus and abroad.

A person who is a tax resident of Cyprus but his/her place of domicile is outside Cyprus can enjoy significant tax benefits as analysed in section D below.

A tax resident of Cyprus may be subject to the following type of taxes or deductions on income:

1) Income Tax (Analysed in Section C)

2) Special Defence Tax (Analysed in Section D)

3) Social Insurance Contributions (Analysed in Section E)

4) Contributions to the General Healthcare System (Analysed in Section F)

5) Capital Gains Tax (Analysed in Section G)

  1. Non Tax Residents in Cyprus:

Individuals who are not tax residents of Cyprus are taxed on income accrued or derived only from sources in Cyprus, if any.


Income tax is imposed on the chargeable income. Chargeable income includes the following types of income:

1) Employment Income

2) Benefits in Kind (for more information refer to our publication " The Taxation of Benefits in Kind in Cyprus" )

3) Business Income (as a sole trader)

4) Royalty Income from Intellectual Property

5) Active Interest Income

6) Pension and Annuities

7) Rental Income from Property

8) Trading Goodwill

  1. Obligation for preparation and submission of Audited Financial Statements by individuals:

Cyprus or Non Cyprus tax residents, who generate gross income in Cyprus from the carrying out of a business activity (i.e. having Business Income as sole traders) which equals or is in excess of EURO 70.000 per annum, are obliged to prepare and submit annual audited Financial Statements to the Tax Department and issue invoices and receipts in connection with the transactions and collections.

Cyprus or Non Cyprus tax residents, generating total gross income less than EURO 70.000 per annum, are not required to prepare and submit audited financial statements, but are obliged to maintain books and records.

Individual Tax Rates:

The following tax rates apply for physical persons who are tax residents of Cyprus:

Taxable Income

Tax Rate


Tax Amount

Accumulated Tax

0 - 19500




19.501 – 28.000




28.001 – 36.300




36.301 – 60.000




Over 60.000


The law provides for some expenses to be deductible from a physical person's taxable income. The list of such expenses can be found in Schedule 1 of this publication.

Further, there are some types of income which are exempted from taxation which can be found in Schedule 2 of this publication.

Tax credit relief is granted if on a particular income, taxation has already been paid abroad provided that the taxpayer provides the tax authorities with the original tax receipts evidencing the payment of such foreign tax.

Special Taxation Treatment of specific types of Income

i) Cyprus Tax Residents

Pension income generated from abroad - Cyprus tax residents generating pension income from services rendered abroad are liable for 5% tax on the income exceeding €3.420 per annum. The taxpayer has the right to choose to be taxed either in accordance with the special treatment of taxation mentioned above, or under the individual income tax rates as indicated on the above table.

Individuals employed in the fund industry – Cyprus Tax resident employees who operates in the fund industry and generates variable remuneration connected to a carried interest, may be taxed at a flat rate of 8% on amounts constituting carried interest with a minimum tax liability of €10.000 per annum (conditions apply). Qualifying employees have the option to choose to be taxed under this special treatment of taxation on an annual basis for a 10-year period or otherwise to be taxed under the individual income tax rates as indicated in the above table.

ii) Non-Cyprus Tax Residents

Income generated from intellectual property rights – A non-Cyprus tax resident generating gross income arising from intellectual property rights or other similar income from sources within Cyprus, is liable for a 10% withholding tax (unless a tax treaty provides for a lower tax rate).

Profits of entertainers – The Gross income derived by an individual who is not resident in Cyprus from entertainment events (i.e. musical/theatrical performances, football clubs' performances etc) executed in Cyprus and which does not arise from a permanent establishment in Cyprus, is subject to a 10% withholding tax (unless a tax treaty provides for a lower tax rate).

Income from Oil & Gas related activities – The Gross income derived by an individual who is not resident in Cyprus from Oil & Gas related activities carried out in Cyprus (i.e. exploration or exploitation of the continental shelf, subsoil or natural resources, installation and exploitation of pipelines etc) and which does not arise from a permanent establishment in Cyprus, is subject to tax at the rate of 5% (unless a tax treaty provides for a lower tax rate).

Income from technical assistance - The gross income derived by an individual who is not resident in Cyprus from technical assistance services provided in Cyprus is subject to a 10% withholding tax. The withholding tax does not apply if the services are provided by a permanent establishment in Cyprus.


In 2015 the notion of Domicile was introduced into the Special Defence Contribution Tax. With this introduction Cyprus tax resident individuals are classified either as Resident and Domiciled in Cyprus or as Resident but not Domiciled in Cyprus. The term "Domiciled in Cyprus" is defined as an individual who has a Domicile of Origin, in accordance with the Wills and Succession Law, in Cyprus but it does not include:

1) An individual who has obtained and maintains a Domicile of Choice outside Cyprus in accordance with the Wills and Succession Law, provided that the individual was not a Cyprus tax resident for a period of 20 consecutive years preceding the tax year under examination.

2) An individual who has not been a Cyprus tax resident for a period of at least 20 consecutive years before the commencement of the law.

A physical person who is considered as Cyprus tax resident as defined by the Income Tax Law for at least 17 years throughout the 20 years period preceding the year of assessment is considered as "Domiciled in Cyprus" for SDCT purposes and will therefore be subject to the relevant taxation if and when this condition will be met. In other words, the benefits granted to Resident but Non-Domiciled individuals can only be enjoyed for 17 years.

  1. Cyprus "domiciled" tax resident individuals:

Such physical persons will be subject to SDCT. The tax rates are as follows:

1) Dividends 17%;

2) Passive interest 30%;

3) Trading Interest – Nil (this type of interest is subject to income tax at the above indicated rates mentioned in section C.);

4) Rental income 3% on the 75% of the total rental income;

Tax credit relief is granted if on the particular income, taxation has already been paid abroad provided that the taxpayer provides the tax authorities with the original tax receipts, as above.

  1. Cyprus "non - domiciled" tax resident individuals:

Such physical persons will be EXEMPTED from Special Defence Tax. Therefore, dividend, passive interest and rental income received, is exempt from such taxation.


Employed and self-employed persons who obtain employment income in Cyprus, are subject to Social Insurance Contributions.

The Social Insurance Contributions deducted from the emoluments of the employee/self-employed person comprises the following:

  1. For Employees:
  • Social Insurance at 8.3%

The Social Insurance Contributions are applicable on the amount of the annual gross employment income of the employee, up to a maximum annual insurable income of EUR 54.652.

The contributions are withheld by the employer on a monthly basis, and are paid on behalf of the employee to the Social Insurance Office, at the end of the following month in which the deduction is made.

  1. For Self Employed persons:
  • Social Insurance at 15.6%

The Social Insurance Contributions are applicable on the fixed insurable earnings, in accordance to the category of business income of the self-employed person, subject to a compulsory minimum and a maximum insurable income, as defined by the Social Insurance Office.

The self-employed person is responsible for the calculation and payment of the Social Insurance Contribution, directly to the Social Insurance Office, on a quarterly basis.

  1. For the Employer:

The employer is liable to pay contributions for every employee on a monthly basis, to the Social Insurance Office, at the end of the following month in which the contribution relates to.

The contributions that an employer must pay for each employee, and the applicable rates are as follows:

  • Social Insurance at 8.3%
  • Redundancy Fund at 1.2%
  • Industrial training Fund at 0.5%
  • Social Cohesion Fund at 2.0%
  • Central Holiday Fund at 8%

The Contributions are applicable on the amount of the annual gross employment income of the employee, up to a maximum annual insurable income of EURO 54.648, except for contributions to the Social Cohesion Fund. The contributions to Social Cohesion Fund are applicable on the amount of the annual gross employment income.

The employer can get an exemption from the Central Holiday Fund, if he offers paid leave benefits.


As from 1st of March 2019 individuals who obtain income in Cyprus, may have the obligation to contribute to the General Healthcare System ("GeSY"), and benefit from the health care services provided.

Contributions are calculated and paid as a percentage on emoluments/pensions, as follows:


March 2019 to February 2020


From March 2020



Income earners/

persons holding an office









Contribution Threshold

Any individual is liable to contribute to General Healthcare System on gross emoluments of €180,000 per annum (exceptions applies for employers). Contributor's emoluments in excess to the threshold of €180,000 per annum are not subject to General Healthcare System Contributions (for more information you may refer to our dedicated tax update on the matter).


There is a 20% tax on gains from the disposal of immovable property situated in Cyprus, including gains from the disposal of shares in non- listed companies which directly or indirectly own immovable property in Cyprus. Disposal of shares of listed companies does not impose any capital gains tax even if the listed company owns immovable property in Cyprus.

The taxable gain is estimated taking into consideration various factors as it is specified in detail in the relevant Capital Gains Law.

Any profit made from the sale of immovable property abroad is not taxable in Cyprus. This means that residents of a country that does not impose capital gains tax to non-residents may benefit from selling property after immigrating to Cyprus and upon acquiring tax residency in Cyprus.

The following transactions are exempt from capital gains tax:

1) Transfers arising on death;

2) Gifts made from parent to child or between husband and wife or between relatives up to the third degree;

3) Gifts to a limited liability company where the company's shareholders are members of the donor's family and the shareholders continue to be members of the donor's family for five years after the day of the transfer;

4) Gifts by a limited liability company to its shareholders, whose shareholders belong to the same family, provided such property was originally acquired by the company by way of donation/gift. The property must be kept by the donee for at least three years;

5) Gifts to charities and the Government;

Lifetime Exemptions:

Every physical person is eligible to receive lifetime exemptions when disposing immovable property in Cyprus. Lifetime exemptions are deducted from the chargeable capital gain, hence reduce the capital gains tax.

The lifetime exemptions available are as follows:

1) Sale of own residence EURO 85.430 (subject to conditions);

2) Sale of agriculture land by a farmer EURO 25.629 (subject to conditions);

3) Other sales EURO 17.086;

The lifetime exemptions are granted over the lifetime of the physical person until fully exhausted. The combination of the lifetime exemptions cannot exceed the amount of EURO 85.430


Types of indirect taxes include VAT, excise tax and customs duty (import duty and export duty).

VAT is imposed on the provision of goods or services in Cyprus, on the acquisition of goods in Cyprus from other Member States and on the importation of goods in Cyprus from any place outside the EU countries.

The current VAT rates are as follows:

  • 0% Zero rate
  • 5% Reduced rate
  • 9% Reduced rate
  • 19% Standard rate


Other type of taxes comprises the Wealth Tax, Inheritance Tax and Succession Law, and Immovable Property Tax, none of which is applicable in Cyprus.




31 January

Submission of deemed dividend distribution form

31 March

Electronic submission of the income tax return for individuals and companies preparing audited financial statements for the tax year 2017.

30 June

Payment of tax balance for the previous year by individuals who don't prepare audited financial statements.

Payment of special contribution for defence on rental income, dividends or interest from sources outside of Cyprus for the first 6 months of 2019.

31 July

Electronic submission of the 2018 tax return by salaried individuals whose gross income exceeds €19,500 for 2018.

Electronic submission of the 2018 employer's return.

Submission of the 2019 provisional tax return and payment of the first provisional tax instalment.

1 August

Payment of the 2018 tax balance by individuals and companies preparing audited financial statements.

30 September

Electronic submission of the 2018 personal tax return by individuals who do not prepare audited financial statements but are obligated to issue invoices, receipts etc.

31 December

Payment of special contribution for defence on rents, dividends or interest from sources outside of Cyprus for the last 6 months of 2019.

Submission of revised provisional tax return (if considered necessary) and payment of the second provisional tax instalment.

Within 30 days

Payment of Capital Gains Tax

End of each month.

Payment of TAX (PAYE) deducted from employee's salaries for the previous month.

Payment of special contribution for defence and contribution to National Health System, withheld on dividends, interest or rent paid in the previous month to Cyprus tax residents.

Note: In case of late submission of the relevant tax forms and late payment of the tax due, penalties will apply.


  • Preparation, completion and submission of Permanent Residency or Citizenship application and relevant supporting documentation
  • Introduction of real estate agents in Cyprus
  • Registration with Migration department
  • Registration with the Tax Department as a resident but non domicile individual
  • Completion and submission of annual tax returns
  • Obtaining tax residency certificate
  • Opening of Bank accounts in Cyprus
  • Assistance to tax and legal related matters
  • Accounting and Payroll Services


Immigrating to any country is not an easy decision to make, various considerations must be taken into account. With this publication we try to give a brief outline of the possible tax aspects and effects of such immigration on the income of individuals.

With careful pre-immigration tax planning any adverse taxation effect might be reduced or even eliminated. One though must consider very carefully his/her personal aspects and factual situation and decide on the appropriate tax planning steps.

Schedule 1 - Tax deductions

Tax Deductions

a) Contributions to trade unions or professional bodies


b) Loss of current or previous years (losses of the previous five years only may be deducted) in respect of taxable income


c) Rental Income

20% of rental income

d) Interest in respect of the acquisition of property for rental purposes


e) Donations in approved charities (with receipts)


f) Expenses for the maintenance of a building in respect of which there is a preservation order

Subject to the area of the building

g) Social insurance contributions, contributions to the General Healthcare System, life insurance premiums and contributions in approved provident funds, pension funds or medical funds

up to the 1/6 of the chargeable income prior to the deduction of the relevant contributions

h) Donations to political parties (conditions apply)

Up to €50.000

i) Expenditure for scientific research


j) Investments in innovative firms (conditions apply)

Up to the whole amount

k) Expenses for film infrastructure (conditions apply)

Up to 20%

Note 1: In the case of life insurance, the life insurance must be for the benefit of the taxable person and not for his / her spouse.

Note 2: The allowable deductions on the annual premiums for life insurance are restricted to 7% of the insured amount.

Note 3: The life insurance allowance is granted provided that the life insurance company is either a Cyprus company or a foreign company which is licensed to exercise insurance business in Cyprus.

Schedule 2 – Tax exemptions

Tax Exemptions

a) Interest

The whole amount of passive interest received or credited is exempted from income tax. Passive interest – Is the interest which is acquired not in the execution of any trade but such as in fixed deposit bank accounts. Trading interest – Is the interest which is acquired from the ordinary activities of the person or is closely related to his / her business. Trading interest is liable to income tax, as per the tax rates referred to in Section C.

b) Dividends

The whole amount of dividend income is exempt from income tax.

c) Lump sum received by way of retiring gratuity, computation of pension or compensation for death or injuries

The whole amount of such lump sum is exempt from income tax.

d) Capital sums accruing to individuals from any payments from approved funds (e.g. provident funds) or other funds or a lump sum from life insurance

The whole amount of such capital sums is exempt from income tax.

e) Profits from the sale of titles i.e. shares, bonds, debentures, founders' shares and other titles of companies or other legal persons, incorporated in Cyprus or abroad and options thereon.

The whole amount of such profit is exempt from income tax. If a non-listed company whose shares are being sold is the owner of immovable property situated in Cyprus then there is capital gains tax at the rate of 20% on net profit calculated in a particular way as specified in the relevant law. For more details refer to section F concerning capital gains tax. The above provision does not apply to listed companies whose shares are traded on the Stock Exchange.

f) Income from the provision of salaried services abroad for a total number of more than 90 days to an employer who is not a tax resident of Cyprus or by employment by a permanent establishment abroad of an employer who is a tax resident of Cyprus

The amount of the salaried income that is attributable to the salaried services rendered abroad is exempt.

g) Income of a person from employment in Cyprus who was not tax resident of Cyprus before his / her employment.

A rate of 20% (up to a maximum of Euro 8.550) of the remuneration received from any position or employment exercised in Cyprus by an individual who was resident outside Cyprus prior to the commencement of his employment, is exempted from taxation. The exemption applies only for a period of 5 years as from the 31st of January of the year that follows his / her employment in Cyprus and it is valid until 2020.This exemption cannot be claimed in addition to the exemption provided in point h) below.

Schedule 2 – Tax exemptions

Tax Exemptions

h) Income from employment of high salary employees who undertake tax residency in the Republic.

Non tax resident person who are taking up the residency in Cyprus for employment are entitled to an exemption of 50% of their annual salary earned from income tax. This exemption is granted to employees with salaries exceeding EURO 100.000 employment exercised in Cyprus, annually and it is valid for a period of 10 years from the year of commencement of employment, provided that the person is not a Cyprus tax resident the year preceding the employment, and is not a Cyprus tax resident the 3 out of the 5 years preceding the employment.

i) Pensions

The income of any individual from a foreign pension which exceeds Euro 3.420 is taxed in Cyprus at the flat rate of 5%. Irrespectively of the amount of the pension, the first Euro 3.420 is tax free. A person may however, elect to be taxed at the normal tax rates as identified above in section C. The option to be taxed either at 5% per annum or according to the normal tax rates can be exercised every year.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

Similar Articles
Relevancy Powered by MondaqAI
C.Savva & Associates Ltd
AGP Law Firm | A.G. Paphitis & Co. LLC
Some comments from our readers…
“The articles are extremely timely and highly applicable”
“I often find critical information not available elsewhere”
“As in-house counsel, Mondaq’s service is of great value”

Practice Guides
by Mondaq Advice Centres
Relevancy Powered by MondaqAI
Related Topics
Similar Articles
Relevancy Powered by MondaqAI
C.Savva & Associates Ltd
AGP Law Firm | A.G. Paphitis & Co. LLC
Related Articles
Related Video
Up-coming Events Search
Font Size:
Mondaq on Twitter
Mondaq Free Registration
Gain access to Mondaq global archive of over 375,000 articles covering 200 countries with a personalised News Alert and automatic login on this device.
Mondaq News Alert (some suggested topics and region)
Select Topics
Registration (please scroll down to set your data preferences)

Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaq’s use of your personal data can be found in our Privacy and Cookies Notice):

  • To allow you to personalize the Mondaq websites you are visiting to show content ("Content") relevant to your interests.
  • To enable features such as password reminder, news alerts, email a colleague, and linking from Mondaq (and its affiliate sites) to your website.
  • To produce demographic feedback for our content providers ("Contributors") who contribute Content for free for your use.

Mondaq hopes that our registered users will support us in maintaining our free to view business model by consenting to our use of your personal data as described below.

Mondaq has a "free to view" business model. Our services are paid for by Contributors in exchange for Mondaq providing them with access to information about who accesses their content. Once personal data is transferred to our Contributors they become a data controller of this personal data. They use it to measure the response that their articles are receiving, as a form of market research. They may also use it to provide Mondaq users with information about their products and services.

Details of each Contributor to which your personal data will be transferred is clearly stated within the Content that you access. For full details of how this Contributor will use your personal data, you should review the Contributor’s own Privacy Notice.

Please indicate your preference below:

Yes, I am happy to support Mondaq in maintaining its free to view business model by agreeing to allow Mondaq to share my personal data with Contributors whose Content I access
No, I do not want Mondaq to share my personal data with Contributors

Also please let us know whether you are happy to receive communications promoting products and services offered by Mondaq:

Yes, I am happy to received promotional communications from Mondaq
No, please do not send me promotional communications from Mondaq
Terms & Conditions (the Website) is owned and managed by Mondaq Ltd (Mondaq). Mondaq grants you a non-exclusive, revocable licence to access the Website and associated services, such as the Mondaq News Alerts (Services), subject to and in consideration of your compliance with the following terms and conditions of use (Terms). Your use of the Website and/or Services constitutes your agreement to the Terms. Mondaq may terminate your use of the Website and Services if you are in breach of these Terms or if Mondaq decides to terminate the licence granted hereunder for any reason whatsoever.

Use of

To Use you must be: eighteen (18) years old or over; legally capable of entering into binding contracts; and not in any way prohibited by the applicable law to enter into these Terms in the jurisdiction which you are currently located.

You may use the Website as an unregistered user, however, you are required to register as a user if you wish to read the full text of the Content or to receive the Services.

You may not modify, publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, link, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in these Terms or with the prior written consent of Mondaq. You may not use electronic or other means to extract details or information from the Content. Nor shall you extract information about users or Contributors in order to offer them any services or products.

In your use of the Website and/or Services you shall: comply with all applicable laws, regulations, directives and legislations which apply to your Use of the Website and/or Services in whatever country you are physically located including without limitation any and all consumer law, export control laws and regulations; provide to us true, correct and accurate information and promptly inform us in the event that any information that you have provided to us changes or becomes inaccurate; notify Mondaq immediately of any circumstances where you have reason to believe that any Intellectual Property Rights or any other rights of any third party may have been infringed; co-operate with reasonable security or other checks or requests for information made by Mondaq from time to time; and at all times be fully liable for the breach of any of these Terms by a third party using your login details to access the Website and/or Services

however, you shall not: do anything likely to impair, interfere with or damage or cause harm or distress to any persons, or the network; do anything that will infringe any Intellectual Property Rights or other rights of Mondaq or any third party; or use the Website, Services and/or Content otherwise than in accordance with these Terms; use any trade marks or service marks of Mondaq or the Contributors, or do anything which may be seen to take unfair advantage of the reputation and goodwill of Mondaq or the Contributors, or the Website, Services and/or Content.

Mondaq reserves the right, in its sole discretion, to take any action that it deems necessary and appropriate in the event it considers that there is a breach or threatened breach of the Terms.

Mondaq’s Rights and Obligations

Unless otherwise expressly set out to the contrary, nothing in these Terms shall serve to transfer from Mondaq to you, any Intellectual Property Rights owned by and/or licensed to Mondaq and all rights, title and interest in and to such Intellectual Property Rights will remain exclusively with Mondaq and/or its licensors.

Mondaq shall use its reasonable endeavours to make the Website and Services available to you at all times, but we cannot guarantee an uninterrupted and fault free service.

Mondaq reserves the right to make changes to the services and/or the Website or part thereof, from time to time, and we may add, remove, modify and/or vary any elements of features and functionalities of the Website or the services.

Mondaq also reserves the right from time to time to monitor your Use of the Website and/or services.


The Content is general information only. It is not intended to constitute legal advice or seek to be the complete and comprehensive statement of the law, nor is it intended to address your specific requirements or provide advice on which reliance should be placed. Mondaq and/or its Contributors and other suppliers make no representations about the suitability of the information contained in the Content for any purpose. All Content provided "as is" without warranty of any kind. Mondaq and/or its Contributors and other suppliers hereby exclude and disclaim all representations, warranties or guarantees with regard to the Content, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement. To the maximum extent permitted by law, Mondaq expressly excludes all representations, warranties, obligations, and liabilities arising out of or in connection with all Content. In no event shall Mondaq and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use of the Content or performance of Mondaq’s Services.


Mondaq may alter or amend these Terms by amending them on the Website. By continuing to Use the Services and/or the Website after such amendment, you will be deemed to have accepted any amendment to these Terms.

These Terms shall be governed by and construed in accordance with the laws of England and Wales and you irrevocably submit to the exclusive jurisdiction of the courts of England and Wales to settle any dispute which may arise out of or in connection with these Terms. If you live outside the United Kingdom, English law shall apply only to the extent that English law shall not deprive you of any legal protection accorded in accordance with the law of the place where you are habitually resident ("Local Law"). In the event English law deprives you of any legal protection which is accorded to you under Local Law, then these terms shall be governed by Local Law and any dispute or claim arising out of or in connection with these Terms shall be subject to the non-exclusive jurisdiction of the courts where you are habitually resident.

You may print and keep a copy of these Terms, which form the entire agreement between you and Mondaq and supersede any other communications or advertising in respect of the Service and/or the Website.

No delay in exercising or non-exercise by you and/or Mondaq of any of its rights under or in connection with these Terms shall operate as a waiver or release of each of your or Mondaq’s right. Rather, any such waiver or release must be specifically granted in writing signed by the party granting it.

If any part of these Terms is held unenforceable, that part shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties, and the Terms shall continue in full force and effect.

Mondaq shall not incur any liability to you on account of any loss or damage resulting from any delay or failure to perform all or any part of these Terms if such delay or failure is caused, in whole or in part, by events, occurrences, or causes beyond the control of Mondaq. Such events, occurrences or causes will include, without limitation, acts of God, strikes, lockouts, server and network failure, riots, acts of war, earthquakes, fire and explosions.

By clicking Register you state you have read and agree to our Terms and Conditions