Our Firm has the legal expertise to advise and assist our local and international clients on all matters relating to the incorporation and management of companies in Cyprus. We have been successfully involved in all areas relating to corporate litigation, thus facilitating the whole corporate spectrum of our clients’ requirements.
Our Firm covers all areas of corporate services, including company formation, corporate structuring, drafting of all corporate agreements and documents and tax consultancy. In conjunction with our litigation department, our corporate services extend to cover the resolution of any corporate disputes.
The basic corporate services offered include, inter alia,:
The beneficial corporate tax rate of 12.5% in Cyprus, together with other favourable tax provisions and incentives, have established Cyprus as one of the most favoured holding company jurisdictions in Europe. The combination of this favourable tax regime with its wide network of Double Taxation Treaties have contributed to making Cyprus a sought-after location for investment by the worldwide business community. There is no imposition of tax on the disposal of securities, foreign dividends, profits from foreign branches, disposal of foreign real estate, and withholding tax on outgoing dividends, royalties or interest paid to non-residents or residents non-domiciled.
Additionally, we have specialist knowledge of the following commercial issues:
Mergers & Acquisitions
We regularly deal with mergers and acquisitions, joint ventures and management buy-outs, expertly advising the increasing number of companies - driven by tax law changes – which wish to strengthen their position by a revision of their corporate structure.
Whatever the size or type of business, ensuring that company acquisition or disposal is correctly handled is essential. This complex area is subject to frequent changes in the law, and whether this is a first transaction or part of a portfolio of commercial enterprises, expert advice is needed on the essential legal aspects.
Drawing on professional advice and knowledge reduces the risk of transaction failure, ensures that necessary due diligence is performed and confirms that the correct documentation is in place, thus avoiding future unexpected liabilities and guaranteeing swift and successful approval of the venture by the Courts