The Legal 500 > Harneys Aristodemou Loizides Yiolitis LLC > Limassol, CYPRUS

Harneys Aristodemou Loizides Yiolitis LLC

LOUCAIDES BUILDING, 2ND FLOOR, ARCH. KYPRIANOU & AYIOU; ANDREOU STREET PO BOX 50264, 3036 LIMASSOL, CYPRUS

Tel:: Work +357 2582 0020
Fax:: Fax +357 2582 0021

Web:: www.harneys.com
Email:

Tortola, The Valley, Montevideo, London, Limassol, Hong Kong and 1 more

Cyprus : Banking and finance

Within Banking and finance, Harneys Aristodemou Loizides Yiolitis LLC is a second tier firm,

Finance is one of the focus areas for Harneys Aristodemou Loizides Yiolitis LLC, which advises on all aspects of financing, and recently acted as local counsel for JSC VTB Bank on a $500m structured, secured corporate financing of a shipbuilding group. Pavlos Aristodemou and Nancy Erotocritou have ‘unshakeable dedication’ and give ‘the highest standard of advice’.

Cyprus : Corporate and M&A

Within Corporate and M&A, Harneys Aristodemou Loizides Yiolitis LLC is a second tier firm,

Harneys Aristodemou Loizides Yiolitis LLC is ‘truly committed to its clients’, ‘very fast to grasp the essence of a deal’, and ‘very concise in its responses’. The team has notable expertise in corporate structures involving both BVI and Cyprus companies. Recent highlights include assisting V Group with the restructuring of certain Cypriot entities, and advising Valinor on its IPO on the Warsaw Stock Exchange. Pavlos Aristodemou, Nancy Erotocritou and practice head Demetris Loizides are recommended.

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Legal Developments by:
Harney Westwood & Riegels

Eastern Caribbean Court of Appral considers enforcement issues in Alfa v Cukurova

On 20 July 2011 the Eastern Caribbean Court of Appeal (“ECCA”) handed down the latest decision in the long running case of Alfa Telecom Turkey Limited v Cukurova Finance International Limited and Cukurova Holdings AS.

- Harney Westwood & Riegels

Legal Developments in Cyprus

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

Cyprus Shipping Industry : Business as usual. Why despite recent events Cyprus remains an internatio

Cyprus is the third most populated island in the Mediterranean Sea. It is strategically located at the crossroads of Europe, Africa and the Middle East. Traditionally Cyprus has always been at the heart of the seafaring trade and therefore always functioned as an important centre for trade and commerce. Today as a member of the European Union it remains an optimal business base. It is one of the most attractive locations for foreign investments worldwide. Foreign companies have been given the opportunity to invest and establish business in Cyprus on equal terms with local investors as no distinction is made between foreign and Cypriot companies.

- Michael Kyprianou & Co
FOREIGN EXCHANGE OPERATIONS

The excellent support system in combination with the ideal jurisdiction provided in Cyprus set the country in the list of the most desirable countries through which you can offer foreign exchange operations. In addition, the accession of Cyprus within the European Union and, most importantly, the extremely beneficial economic advantages available due to the low costs and the outstanding taxation, create a covetable environment for foreign investors.

- Michael Kyprianou & Co
Cyprus remains an attractive destination for international businesses

Reminding our clients, associates and friends of the favourable investment and tax environment of Cyprus

- Patrikios Pavlou & Associates LLC
Cyprus: the gateway for investments in and out of South Africa

South Africa has excellent and long standing bilateral relations with Cyprus . These strong ties are further cemented with the help of the large and influential Cypriot (and Greek) community in South Africa , numbering about 60,000. The Cypriot Community also serves as a link between the two countries, both politically and economically.

- Stelios Americanos & Co
Money Laundering

Money laundering is an international problem and requires the active assistance of a number of professionals and institutions to address it and suppress it.

- Patrikios Pavlou & Associates LLC
ITALY, FRANCE, RUSSIA AND SOUTH KOREA JOIN ENERGY SEARCH

Cyprus approved licenses for exploratory drilling to exploit offshore oil and gas deposits in four blocks off its shore. Drilling permits were approved for blocks 2,3,9 and 11. Those interested in searching for hydrocarbons within Cyprus’ exclusive economic zone are Russia, France, Italy and South Korea.

- Stelios Americanos & Co
Cyprus and Ukraine signed the Double Tax Treaty

On the 8th of November 2012, the representatives of Cyprus and Ukraine signed the Double Tax Treaty in order to replace the existing one which dates back to the 1982 and was concluded with the USSR.

- George Y Yiangou & Co
Cyprus has been removed from the Russian «Black List».

As from the 1st of January 2013, Cyprus will no longer be in the Russian Black list. This will have an immediate positive impact on both countries investment's.

- George Y Yiangou & Co
New Double Tax Treaty Between Cyprus & Ukraine

On the 8 th of November 2012, the governments of the Republic of Cyprus and the Ukrainian People's Republic concluded a new double tax treaty replacing the 30 year old USSR - Cyprus treaty. The new treaty aims to put an end to the long standing uncertainty that existed in the future investment relationship between the two countries and to create a new framework that will ensure that a stable tax environment will exist in the years to come.

- Kinanis LLC
The Cyprus International Trust

The Trust

- Patrikios Pavlou & Associates LLC