On 1 December 2023, the Swedish Act on Screening of Foreign Direct Investment (the “Swedish FDI Act” or the “Act”) entered into force. The Swedish FDI Act provides for the screening, and if necessary, prohibition of foreign direct investments into protected activities. The Act requires pre-notification of an investment, prescribes a prohibition for completion of …
Norway has long traditions as a maritime nation. Due to the country’s proximity to the sea, many Norwegian exporting industries are strategically situated along the coastline and use ships as the primary means of transporting goods. It should therefore come as no surprise that carriage of goods by sea is a key issue in Norwegian …
Under Austrian civil procedure law, the parties have a wide range of obligations to cooperate and may even be compelled to disclose certain evidence – all while civil proceedings are generally open to the public. This may, of course, interfere with a company’s interest to keep its operations and confidential information secret. In this field …
P. N. Kourtellos & Associates LLC is driven by a sincere commitment to delivering distinguished legal services to our clients in Cyprus and internationally. Our approach combines a deep respect for the traditions of the legal profession with a forward-looking perspective on legal challenges, allowing us to guide those we represent with integrity and strategic …
Focus on: Cyprus
Nestled in the eastern Mediterranean, Cyprus has long been a sought-after destination for investors seeking a strategic business foothold in Europe and beyond. With its rich history, favorable business infrastructure, strong economy, and appealing opportunities, Cyprus remains an attractive jurisdiction for both domestic and foreign entrepreneurs, organizations, and corporations. 2023 presented both challenges and opportunities …
Focus on: Employment in Denmark
The Danish labour market consists of small and medium-sized enterprises as well as large multinationals. Generally, the business sector is characterised by an excellent ability to adapt to market changes and a workforce with a high level of individual specialisation and education. The Danish labour market, the so-called “Danish Model”, has three main features: …
Doing Business In: Morocco
Located in the northwest of the African continent and 15 kilometers from Europe of which it is separated by the Strait of Gibraltar, Morocco is a privileged geostrategic crossroads between Africa, Europe and the Arab world. The ongoing improvement of the business climate, the opening up of trade combined with the liberalization of productive sectors …
Doing Business In: Azerbaijan
As the largest country in the South Caucasus for both its territory and population, Azerbaijan has undergone enormous advancements both in economy and in national legal framework. Those developments are ranging from the significant changes in legislation, the establishment of centralized real estate and movable property registries, the establishment of e-government, the adoption of international …
Doing Business In: Türkiye
Positioned as a crucial middle corridor between Asia and Europe, Türkiye has gained growing significance in commercial relations, influenced by factors like the Russia-Ukraine war, Middle East instability, and the supply chain impacts of Covid-19, alongside substantial investments in infrastructure and defence. This has positioned Türkiye as one of Europe’s most dependable routes for transporting …
Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre. A Member State of the European Union (‘EU’) since 2004, it provides a gateway for investment into and from Europe and, due to its geographic location, it enjoys strong commercial ties with Eastern Europe, the Middle …
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