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Michael Kyprianou & Co. LLC

2 AGIAS ELENIS STREET, 6TH AND 7TH FLOORS, 1060 NICOSIA, CYPRUS
Tel:
Work +357 22 44 77 77
Fax:
Fax +357 22 76 78 80
Email:
Web:
www.kyprianou.com
Athens, Birkirkara, Limassol, Nicosia, Paphos

Esme Palas

Tel:
Work +357 26 93 08 00
Email:
Michael Kyprianou & Co. LLC

Work Department

Shipping Law, Corporate and Financial Law, Immovable Property Law, Immigration Law

Position

Senior Associate

Career

Since 1998, Esme has dealt with and gained considerable knowledge and experience in all matters relating to immovable property law, immigration law, commercial, corporate law and shipping, as well as international trade.

Esme is based in the Pafos office. In addition to Cypriot and foreign corporations, her client list includes individuals from all over the globe.

She is recognized for her specialist experience in Real Estate Law, a field in which she has specialized for over 16 years, acting for European and Non European clients. She advises clients in Real Estate matters and focuses on conveyancing work –the purchase, as well as, sale of property. Besides assisting clients in drafting their Cypriot wills, Esme represents them in their disputes with Developers whilst undertaking the procedural tasks required towards obtaining their title deeds.

She has an in depth knowledge of Cyprus Immigration law. She acts as a consultant in property investments in the Republic of Cyprus and in Immigration law to a number of International firms and foreign lawyers. She deals with all aspects of immigration including the new fast track procedure for obtaining residence permits in the Republic of Cyprus through investment in property and provides assistance to Foreign Investors for obtaining the Cypriot Citizenship.

Esme has developed an excellent reputation in her areas of expertise by offering competent, effective legal advice at high-quality professional standards combined with a very strong emphasis on client care and attention, an element which has distinguished her amongst her peers.

Languages

Greek, English and French

Member

Cyprus Bar Association, Paphos Bar Association

Education

LLB (Hons), LLM, Barrister-at-Law


Cyprus

Real estate and construction

Within: Next generation lawyers

Esme Palas - Michael Kyprianou & Co. LLC

Within: Real estate and construction

Savvas Savvides at Michael Kyprianou & Co. LLC ‘always finds solutions to difficult problems and his advice is impeccable and flawless’. Senior associate Esme Palas is ‘extremely thorough and pragmatic' and provides 'clear and concise advice promptly’. The team regularly advises international clients on property investments in Cyprus. The practice has 'an impeccable reputation and although it is a very busy firm, the team remains readily accessible’.

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Legal Developments by:
Michael Kyprianou & Co. LLC

  • Pre-1995 Leases in Malta

    Recently, the Maltese courts may have possibly brought about the beginning of the end of a legal and social question concerning landowners who were, and still are, subjected to pre-1995 rent laws. The judgement given in  Anthony Debono et v. Avukat Generali et. , may prove to be a milestone in Maltese rent laws.
    - Michael Kyprianou & Co

Legal Developments in Cyprus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Cyprus Implements ATAD

    In light of EU Anti-Tax Avoidance Directive (ATAD), the Cyprus House of Representatives on April 5, 2019 voted into law (applicable from January 1, 2019) the partial implementation of legally-anti-abusive measures. These measures include the ‘interest limitation’ rule, the ‘general anti-abuse’ rule, and the ‘controlled foreign companies’ rule. The rest two measures stipulated by the EU ATAD (exit taxes and rules to tackle hybrid mismatches) are expected to be implemented in Cyprus by 2020.
  • Pre-1995 Leases in Malta

    Recently, the Maltese courts may have possibly brought about the beginning of the end of a legal and social question concerning landowners who were, and still are, subjected to pre-1995 rent laws. The judgement given in  Anthony Debono et v. Avukat Generali et. , may prove to be a milestone in Maltese rent laws.
  • IS SILENCE GOLDEN? The added value of emergency media response plans

    In the words of  WARREN BUFFET:
  • Why Cyprus for Maritime?

    Recognizing the political, economic and social importance of shipping, as from 1963, Cyprus managed to develop the country into a fully-fledged shipping centre combining both a sovereign flag and a resident shipping industry, which is renowned for its high-quality services and standards of safety.
  • Changes to UK capital gains tax

    Since April 2019, the new rules regarding capital gains tax have been implemented in UK. The intention of the implementation of new rules is to remove the advantage of non- UK residents who did not pay tax over the gains from the disposal of all their property in UK.
  • Increase of Property Rents in Cyprus: Permissible and Non-Permissible Limits

    It has been many times that my clients have expressed the question as to when and how the rental amounts increase.  This question is voiced by both Landlords and Tenants of real estate.
  • Shipping at the spotlight of terrorism

    Is terrorism the new norm for shipping?
  • Adidas three stripe Trademark Revocation

    In a judgment of the General Court of the European Union of the 19th June 2019, Adidas saw their hopes of extending their three stripes trademark dashed, as the court ruled that there was no distinctiveness in the three stripes trademark. Furthermore, the court held that the Adidas had failed to prove that the mark had acquired distinctive character through use throughout the member states of the EU.
  • David against Goliath – Libra vs Central Banks: Who will win?

    Working in the crypto and DLT space is like being on an emotional rollercoaster with feelings which range from curiosity, excitement, euphoria, revelation, shock, disappointment, hope, wonder and determination – did I miss any?
  • UK Telecoms company fined £100K over unsolicited marketing messages

    The Information Commissioner’s Office (‘ICO’) which is the UK’s data protection supervisory authority, recently issued a fine of £100,000 to EE Limited, a telecoms company operating in the UK. The fine was issued in response to EE Limited having sent two and a half million unsolicited direct marketing messages to its customers, back in early 2018. The direct marketing messages were sent without EE Limited having first obtained the required consent to send them to its clients.