The department has substantial experience and knowledge on all forms of administrative actions, as well as with liaising with local and governmental authorities. It has successfully argued cases of the application of EU law, town planning, zoning, corporate immigration, financial regulation, imposition of customs duties, public tender awards and public appointments before the Administrative Court and the Supreme Court on appeal. The department also handles all aspects of will drafting and probate.
Banking & Compliance:
The firm works very closely with major law firms around the world on banking and financing deals, and handles all manners of advice on claims and disputes from small debt recovery claims and reviewing banking documents, to large financing deals and the registration and enforcement of judgements in Cyprus and abroad. The department provides continuous legal support to a number of Cypriot banks, as well as individual and corporate clients. Commercial: The department handles the drafting and negotiation of a wide range of commercial contracts and agreements, including agency and distribution agreements, franchise agreements, licenses and sales agreements. In addition to providing litigation and arbitration representation for local and international commercial disputes, the team provides strategic advice on a range of matters including regulatory issues.
Corporate M&A / Tax:
The corporate department handles: the registration and management of Cypriot companies; corporate transactions of all complexities; mergers and acquisitions (including cross-border transactions); re-organisations and structuring; the establishment and regulation of private companies; establishment of joint ventures and other forms of business; legal due diligence; advising on all aspects of Cypriot tax law. The team prides itself on delivering solutions tailored entirely to its client’s needs.
Competition & EU Law:
The department advises on all legal issues, including novel points of law in Cyprus and the applicability of EU directives on local operations. It represents clients before the Commission for the Protection of Competition. Lawyers attend conferences in Europe in order to keep up-to-date with the latest developments, proposed laws and actions.
George Z. Georgiou & Associates is recognised as one of the top litigation and arbitration firms on the island, with particular expertise in obtaining urgent cross-border interim orders and the filing of foreign judgments in Cyprus. The large dispute resolution team consists of specialised and experienced trial lawyers, arbitrators, mediators and legal consultants (former judges). Most of the lawyers in the team have also been called to the Bar in England & Wales. The firm has unrivalled experience in complex, multijurisdictional litigation and arbitration matters and has been involved in seminal cases which have examined the interaction between civil proceedings in aid of international commercial arbitration, and has been successful in obtaining urgent interim relief to protect assets and disclosure orders for this purpose.
Employment & Pensions:
As the sole Cypriot member of Ius Laboris, the firm is recognised in Cyprus and abroad, as a leader in the areas of employment and pensions law. The team is one of the largest in Cyprus, advising a wide range of organisations (local and international) in the public and the private sector, as well as individuals. It also undertakes contentious matters, representing clients before all courts in Cyprus. It undertakes all work relating to these fields, from reviewing employees’ handbooks and manuals, internal regulations and the registration and dissolution of provident funds, to providing advice on the restructuring/closure of international companies and mass redundancies.
With a favourable tax regime, a high level of services and EU membership, Cyprus is an attractive destination for both business and retreat. The naturalisation scheme of investors in Cyprus by exception, as well as the permanent residency scheme, which allow for Cyprus/EU citizenship and permanent establishment respectively are very popular among non-EU nationals. The team offers guidance, assistance and represents clients in relation to Cyprus Citizenship by investment, permanent residency permit, temporary residence permit and work permits.
Intellectual Property & Media:
This department handles all IP matters, including the registration of Cyprus and EU trade marks, defending objections to registrations in the EU Trade Mark Office, advising on copyright, patents, possible IP infringements, data protection matters, drafting and negotiating agreements related to media and IP matters. Clients include individuals, artists, TV celebrities, musicians, distributers, companies, municipalities, banks, and international software companies. It is the sole Cypriot member of the Global Advertising Lawyers Alliance (GALA).
International Tax & Trust Planning:
The tax team is ready to assist on the following aspects:
■ Tax efficient structuring of groups of companies and repatriation of profits, advice on cross-border tax efficient financing solutions, obtain advance tax rulings from the Income Tax office, and advice on the application of double tax treaties The team of trust experts provide the following services:
■ Advice on different asset protection techniques; providing numerous practical solutions tailored to the individual circumstances and the type of assets; assessment of existing asset protection structures; formation and management of trusts; advice on trustees duties and powers as well as beneficiary rights
Property & Construction:
The firm specialises in all legal matters, simple and complex, contentious and non-contentious, relating to property and construction; from landlord and tenant disputes, the sale and purchase of real estate and land, to construction disputes, arbitrations, complicated compulsory acquisitions and disputes over planning and building permits. The firm has very close ties with the land consultancy firm A.Z Georgiou & Associates which undertakes land valuations, investment advice, registrations, permit applications etc. The collaboration between the two firms, allows a truly complete property and land service being offered to clients which cannot be rivalled by other firms.