We work hard to produce results

Corporate and Commercial

We are a full service corporate and commercial boutique law firm.

Service Overview

Experienced, Practical and Swift

Our law firm has extensive experience in advising and assisting businesses on commercial and corporate matters. We regularly advise and assist our clients on contentious and non-contentious matters. We are committed to resolving our clients’ problems as efficiently and effectively as possible. Although should the case progress to litigation, having vast experience Y.Georgiades & Associates LLC is familiar with the processes that face clients in litigation.

Our lawyers often advise businesses on their legal rights, responsibilities and obligations and often act as legal consultants in business transactions, including negotiation, drafting and review of contracts which are related to the day-to-day activities of running a business.

Commercial Litigation

Our record of success in Commercial Litigation and Arbitration speaks for itself. We have prevailed in numerous landmark commercial and corporate dispute litigation as well as Arbitration cases and we have secured for our commercial clients, or protected them from, numerous multi-million judgments and awards.

International Commercial Arbitration

Arbitration has proven to be the most speedy and appropriate route to resolving international commercial disputes. Having represented clients in multi-million Arbitration Disputes, our law firm provides legal assistance to its clients in arbitration proceedings both Ad-hoc and institutional in accordance with the main International arbitration regulations. Our experienced Advocates have the necessary skills and knowledge to assist you.

Corporate Disputes

Having been chosen as a beneficial jurisdiction for the registration of companies, unfortunately many investors in such Cypriot companies frequently find themselves at odds with their fellow investors or with the entities themselves. We have handled numerous disputes of this type including derivative actions and liquidation proceedings.

Mergers and Acquisitions

Corporate restructuring and the consolidation of companies may reap many benefits for companies. Our lawyers have proven expertise as they have successfully advised international companies in a number of merger and acquisition transactions.

Our lawyers exercise care and diligence at every stage of the transaction, from a letter of intent through due diligence, closing, and post-closing. It is important to identify and mitigate any noteworthy risks in each transaction.

Company Formation

Cyprus has acquired an excellent reputation in the international corporate arena. Due to the simplicity of the procedure of company registration and administration, low corporate taxation, accession to the European Union and a high level of confidentiality ensured by the Cyprus authorities, it has resulted in constantly increasing interest in Cyprus as a jurisdiction for the incorporation of International Business Companies.

Our law firm offers a whole range of services in this area, covering all of your company’s potential legal needs.

Redomiciliations

Cyprus provides a straightforward legal procedure for redomiciling in the Republic and presents one of the best all-around options for doing so. Its competitive corporate tax of 12.5% along with holding company friendly legislation, solid infrastructure, abundant company law precedent, EU and OECD membership, as well as a host of tax treaties, have recently supported a surge in applications even from tax havens such as the BVI.

company formation

Incorporation of companies in Cyprus

Company Formation

Registration of an International Business Company or a local company in Cyprus consists of several steps, the completion of which takes about 10-12 days if no difficulties arise. Firstly, approval for the company’s name must be received from the Companies Registrar and it is advisable not to copy the names of other companies in order to save time and money because the Registrar will reject it straightaway. Then a memorandum and articles of association must be drawn up and filed with the Registrar. These instruments contain information about the company’s activities, the names of the shareholders, the authorised share capital and the number of issued and paid-up shares that each shareholder holds.

In Cyprus, it is lawful for the absolute owner of the company to use nominee services if it is problematic for him to administer the company from abroad or if he prefers to maintain anonymity with regard to his ownership of a company. According to Cyprus Law, a private company must have at least one director, a secretary and a shareholder and if you are unable to meet these requirements, you can use nominee services for the director/s as well as for the secretary and shareholders. In this case, it is the names of the nominees which are shown in the company’s documentation, not the details of the persons who have purchased their services.

A distinction is made between several organizational forms of companies under the Cyprus Companies Law, Cap. 113: companies limited by shares and companies limited by guarantee, international business companies, which are also governed by Income Tax Law 2002 (118(I)/2002). Furthermore, companies limited by shares can be subdivided into public companies (PLC) and private companies (LTD) and private companies can also be subdivided into exempt companies that are exempt from certain provisions of the Companies Law and non-exempt ones. Partnerships are regulated by the Partnerships and Business Names Law, Cap. 116.

Our office offers a whole range of services in this area, covering all of your company’s potential legal requirements: the registration of a company, nominee services, corporate management and reorganization, etc.

Relocating a business to Cyprus

Redomiciliations

Corporate redomiciliation generally refers to a company transferring its registration and registered office address from one country (hence jurisdiction) to another.  Redomiciliation in Cyprus is possible since 2006 and is provided for by sections 354 (Β)-(Θ) of the Cyprus Companies Law, Cap. 113 (‘the Law’). Moreover, it is certainly on an upward trend over the past few years, and this increase is only partially explained by Cyprus’s favourable corporate tax rate of 12.5%. The question therefore emerges, what is this sudden increase fuelled by?

Ask any lay person to cite one reason why a company should redomicile and you are bound to get ‘tax’ as the most popular answer. A more favourable tax regime is one of the principal reasons to change a company’s seat of incorporation, and even if it does not constitute the driving motivation, tax implications of redomiciling should ALWAYS be considered. Nonetheless, Cyprus which enjoys a 12.5% corporate tax is witnessing a surge in redomiciliation from (among other jurisdictions) the British Virgin Islands (BVI), which feature a 0% corporate tax.

Of course, there are numerous other reasons why a company may choose to redomicile, whether practical such as decreased maintenance costs, better management, geographical proximity, and less bureaucracy, or more strategic, such as taking advantage of a country’s memberships and bilateral/multilateral treaties, departing from sanctioned/backlisted jurisdictions, as well as accessing new markets.

Ask any lay person to cite one reason why a company should redomicile and you are bound to get ‘tax’ as the most popular answer. A more favourable tax regime is one of the principal reasons to change a company’s seat of incorporation, and even if it does not constitute the driving motivation, tax implications of redomiciling should ALWAYS be considered. Nonetheless, Cyprus which enjoys a 12.5% corporate tax is witnessing a surge in redomiciliation from (among other jurisdictions) the British Virgin Islands (BVI), which feature a 0% corporate tax.

Of course, there are numerous other reasons why a company may choose to redomicile, whether practical such as decreased maintenance costs, better management, geographical proximity, and less bureaucracy, or more strategic, such as taking advantage of a country’s memberships and bilateral/multilateral treaties, departing from sanctioned/backlisted jurisdictions, as well as accessing new markets.

 

redomiciliations

What People Say About Us

Client Testimonials

We have been collaborating with Georgiades & Associates law firm for more than 25 years. The level of professionalism of its people and the quality of its services is just superb. We highly recommend this company to any interested party.

Christos Yiangou Managing Director
of BLC Business Links Consultancy Ltd

Georgiades & Associates work ethic and quality of service give me confidence, they are there by my side in every situation.

Costas Argyrides Managing Director
of LRG Enterprises Ltd - Ygia Natural Health

Georgiades & Associates are immensely helpful and effective, and I highly commend them for their services and dedication to their clients.

Anthony Ashiotis Managing Partner
of Anthony Ashiotis & Co

I highly recommend this law firm. The staff are professional and friendly, and the lawyers are top notch. In representing us, Yiannos and his team have shown enormous courage both inside and outside of the courtroom. They are compassionate, highly professional, organized and extremely attentive. If you are looking for an international full-service law firm for complex litigation, then I would look no further. Y. Georgiades & Associates are the firm for you.

Conor O'Dwyer Founder of beyondcontempt.com

I highly recommend the attorney law firm Y.Georgiades & Associates, and I guarantee you will look no further once you have used it. The office responds in a highly timely matter, in a very knowledgeable, and responsible way. There are no other attorneys that will work as hard for you. Highly recommended. Irene Tryfon

Irene Tryfon 10Hall the ARt House
(Venues for Events)

I was so lucky to meet Mr. Georgiades by coincidence at the right time and place! Since then, all my legal and domestic concerns to establish my new major telecom project in Cyprus were handled with care, professionalism at the highest standards. Beside that, Mr. Yiannos has an extensive experience and very large relationships with all levels in and outside Cyprus.

Marwan Tal Founder, Managing Director
of TALSAT

On a personal level I know Yiannos for more than 50 years and I have been working with him, his legal teams and firm for the last 5 years . Everything I know about Yiannos as an individual — his undeniable integrity, dedication, hard work and smarts— he managed to transfer to his business and legal teams.

Andreas Panayi Co-Founder, Kinisis Ventures Ltd. KV Fund Investment Advisory Committee. Entrepreneur. Investor. TKI Co-Founder

The best attorney in Cyprus! Diligent, precise and professional every single time. Couldn’t have asked for a better lawyer for my business!

Maria Solonos Singer/Songwriter.
Cartoon-Creator/Writer.

I have known Yiannos for more than 10 years exclusively as a good professional and decent person. He and his team have vast experience in solving various legal issues, and what I like is that your problem will be approached not only from a professional side, but also from a human side. For any questions in Cyprus and in the European Union only to Yiannos!

L D Lawyer

I have worked with Georgiades & Associates over many years on behalf of mutual clients requiring legal services in Cyprus. They provide a sound and very reliable service and are my go to lawyers in Cyprus

Nicholas Taylor Solicitor, Owner of Healys LLP

I dealt with a lot of law firms in my business over the years and I have to tell you that Y. Georgiades & Associates has hit all five traits I look for a law firm: compassion for their clients, willingness to listen, knowledge of the law, creativity and efficiency!!

Chris Droussiotis Senior Managing Director & Senior Partner, Kinisis Ventures. Columbia University Adjunct Professor.

Great team !!! Professionals in their field!!! And not only in Cyprus, but anywhere in the world Yiannos and his team can help, support and succeed!!! With Best respect and gratitude

Aleksey Smirnov Entertainer

A professional law firm. Highly recommended to anyone who needs legal service. It is very hard to find a lawyer these days to understand you and be next to you in difficult situations.

Stephanie Mina Entrepreneur

Very satisfied with the consulting and legal advice supplied. They have an excellent understanding and are always kind and helpful.

Minas Kiriakou Entrepreneur

Super professional and went well over and above to ensure everything was flawless and solid. Best part is that they are really great people. Highly recommended.

Maria Howard Entrepreneur

I have been working with the firm for many years and it provides a very personalised and professional service which is very rare these days. You are well looked after there!

Olga Balakleets CEO at Ensemble Productions, Founder/CEO
at Creative Women Platform

I had an amazing experience with this firm, their professionalism and manners are what they make them the best firm i have ever cooperated 🙂

Andrea Christodoulou Entrepreneur

I now Giannos for many years, professionally and socially and I can confirm that he is an amazing person and very professional in his work.

Pavlos Georgiades Founder and President
of the cyprus mountaineering and climbing federation

Professional Law Office from Nicosia which takes care for their clients with respect. Highly recommended !

Rafael Porzycki Director
at Creator Unlimited

Fantastic law firm. Great expertize, professional Team, top notch service

Aleksandra Rudis CEO
at Apella Games

A law firm of the utmost professionalism, courteous, attentive, dedication to clients interests and excellent representation.

Micheal Kourouklaris Entrepreneur

These are my lawyers for more than 20 years. I always give them five stars.

Andreas Aristodemou Entrepreneur

Friendly, approachable, excellent legal advisers, always ready to help.

Clare Andreou Founder of
Dance Works School of Ballet

Professional law firm! Excellent services!!

Mikaella Samara Entrepreneur

Very professional team!!! Always a pleasure to cooperate

Elizabeth Friedrich Director at
E.F. B.SPOKE ENTERTAINMENT LIMITED

Excellent service, always responsive and excellent results.

Costas Siamtanis Director -
BMA Cyprus Holiday Group Ltd

Great legal firm for business purposes

Alexander Papacosta CEO of Moi Ostrov Media Group

Very professional and prompt in their work!

Christina Shailas Founder
of Gear Education

I have been cooperating with this law firm for almost 6 years now. What stands out about them, is their professionalism combined with friendliness. I have found this team of lawyers quite approachable and welcoming, even in difficult incidents, or even in cases that they would have to direct me to someone else. They would always show care and attention and coming back to me. Well recommended.

Angela Panayiotou Innovation, Startup & Entrepreneurship Professional. Former Manager at IDEA Innovation Center, Bank of Cyprus. Board of Directors member at Invest Cyprus

30 Years of Experience in Various Cases

We know what it means to defend rights. We work with people, for people and strive to always seek justice.