Firm Profile > STELIOS AMERICANOS & CO LLC > Nicosia , Cyprus

STELIOS AMERICANOS & CO LLC
12TH DEMOSTHENI SEVERI AVENUE
6TH FLOOR
1080 NICOSIA
Cyprus

Commercial, corporate and M&A Tier 3

Clients of STELIOS AMERICANOS & CO LLC include Fattal/Leonardo Group and Papantoniou Supermarkets. The team has extensive experience in cross-border deals and in restructuring work. Stelios Americanos is a name to note.

Dispute resolution Tier 3

STELIOS AMERICANOS & CO LLC advises clients such as Eurobank and K. Athienitis Contractors Developers. It has considerable experience in interim injunction proceedings and pre-emptive remedies. Eve Karaviotou and Soteris Costa are the names to note.

Real estate and construction Tier 3

Clients of STELIOS AMERICANOS & CO LLC include K. Athienitis Contractors Developers. Stelios Americanos is a key contact.

Banking and finance Tier 4

STELIOS AMERICANOS & CO LLC counts Alpha Bank Greece and Eurasian Development Bank as clients. Stelios Americanos and Despina Americanou are recommended.

The firm: Stelios Americanos & Co LLC is a full-service commercial law firm with its headquarters in Nicosia, specialising in corporate and commercial law, banking finance, litigation, tax and financial advisory services.

The firm assembled a dynamic team working with cutting-edge technology and quickly established an enviable reputation for providing an efficient and competent service. It has become a leading niche firm for corporate work. The firm’s clients are guaranteed continuous and tailored support combined with a positive and constructive approach, and the ability to solve complex legal and tax problems with a business-oriented mentality.

The firm has an impressive list of local and international clientele that includes major banking and finance institutions, investment firms, industrial organisations, major contractors, leading international law firms, multinational corporations and high-net-worth individuals.

The firm has worldwide contacts with reputable legal and advisory practices and is able to assist clients with all aspects of their cross- border transactions.

The firm regularly advises governmental and semi-governmental organisations, major financial banking institutions, public companies, single-owned start-ups and multinational corporations in high profile asset finance, project finance and securitisation and on complex cross-border transactions including mergers and acquisitions and restructuring.

The firm has also established an excellent reputation for its corporate litigation department, achieving remarkable results in a number of high profile litigation cases involving cross-border transactions.

Members of the firm are very active in various professional associations and take part as speakers in international conferences and seminars while regularly publishing articles and contributions in a variety of matters related to Cyprus Law.

Recent awards include: Banking and Finance Law Firm of the Year in Cyprus for 2016 by Corporate International Global Awards and Cyprus Corporate and Commercial Law Firm of the Year 2017 by ACQLAW.

Areas of practice: Corporate: formation, acquisition and dissolution of companies in Cyprus and abroad; corporate governance management and secretarial services; insolvency services; trustee fiduciary services; advising on shareholders issues, including advice on the drafting negotiation and implementation of subscription and shareholders’ agreements; capital increases, equity contribution and differentiation of class rights venture capital financing; and redomiciliation of companies.

Commercial: cross-border transactions and joint ventures; agency, distributorship and franchise agreements; private and public offerings and takeovers; sophisticated structures involving Cyprus entities; securities law compliance; and all intellectual aspects of commercial transactions.

Real Estate & Construction:  The firm’s real estate team deals with all matters related to immovable properties.

The firm advises both individual and corporate clients on:

  •  Property due diligence
  • Advising on and negotiating the terms of acquisitions, sales and transfers
  • Advising on financing and licensing involving commercial and residential property
  • Sale-purchase agreements
  • Acquisition of property by non-residents
  • Property management for non-residents
  • Review, negotiation, drafting and conclusion of construction agreements and rental agreements.
  • Wills, probate and re-sealing’s and estate administration

Mergers and Acquisitions: structuring and tax optimisation of mergers, acquisitions and joint ventures; financial and tax due diligence in connection with acquisitions involving Cyprus companies; drafting and negotiation of subscription/share purchase agreements, shareholders and joint venture agreements; legal and tax advice on corporate, regulatory, securities, competition, labour and enforcement matters.

Banking and Finance: reviewing or drafting of project finance and security documentation; advice on the priority, perfection and enforcement of different types of securities; advice on corporate and tax matters; advice on stamp duty and proper execution of documents; advice on conflict of law issues; issuance of the relevant legal opinions covering corporate power authority and the legality, validity and enforceability of the Cyprus law governed documents.

Litigation and Arbitration: national and international arbitration; banking and financial; stock exchange and securities legislation; taxation; bankruptcy; enforcement of foreign judgments and arbitration awards; pursuing interim pre-emptive remedies.

Department Name Email Telephone
Corporate, commercial and M&A Stelios Americanos
Corporate, commercial and M&A Soteris Costa
Corporate, commercial and M&A Xenia Kalogirou
Corporate, commercial and M&A Kyriaki Christofi
Banking and finance Despina Americanou
Banking and finance Olga Petrova
Banking and finance Xenia Kalogirou
Banking and finance Michalis Zambyrinis
Litigation and arbitration Soteris Costa
Litigation and arbitration Eve Karaviotou
Litigation and arbitration Akis Koumas
Litigation and arbitration Chrysanthi Epifaniou
Litigation and arbitration Andreas Parpas
Corporate management and fiduciary services Juliana Kyriakides
Corporate management and fiduciary services Kyriaki Christofi
Financial services Len Judes
Financial services Xenia Kalogirou
Real estate and construction Michalis Zambyrinis
Real estate and construction Thanos Fiakas
Immigration and citizenship Stelios Americanos
Immigration and citizenship Thanos Fiakas
International tax planning Michalis Louca
International tax planning Len Judes
Trusts and inheritance Michalis Zambyrinis
Trusts and inheritance Kyriaki Christofi
Ship registration and finance Kyriaki Christofi
Public procurement/administration Stelios Americanos
Public procurement/administration Christoforos Tsekouras
Fund registration and administration Xenia Kalogirou
Fund registration and administration Kyriaki Christofi
Capital markets, IPOs and securities Despina Americanou
Capital markets, IPOs and securities Michalis Zambyrinis
Energy Stelios Americanos
Energy Xenia Kalogirou
Intellectual Property Despina Americanou
Intellectual Property Christoforos Tsekouras
Photo Name Position Profile
Mr Stelios Americanos  photo Mr Stelios Americanos
Ms Despina Americanou  photo Ms Despina Americanou
Ms Kyriaki P. Christofi  photo Ms Kyriaki P. Christofi
Mr Soteris Costa  photo Mr Soteris Costa
Ms Chrysanthi Epifaniou  photo Ms Chrysanthi Epifaniou
Mr Thanos Fiakas  photo Mr Thanos Fiakas
Ms Xenia Kalogirou  photo Ms Xenia Kalogirou
Ms Eve Karaviotou  photo Ms Eve Karaviotou
Mr Morfakis Koumas  photo Mr Morfakis Koumas
Mr Andreas Parpas  photo Mr Andreas Parpas
Ms Olga Petrova  photo Ms Olga Petrova
Mr Christoforos Tsekouras  photo Mr Christoforos Tsekouras
Mr Michalis Zambyrinis  photo Mr Michalis Zambyrinis
Number of lawyers : 15
at this office : 13
Arabic
English
French
Greek
Hebrew
Russian
Ukrainian
International Bar Association
Cyprus Bar Association
International Tax Planning Association
STEP
IR GLOBAL
IGAL
Leaders in Law
Other offices : Athens

CLIENT:Alexandros Michaelides

COMPANY/FIRM: RTD TALOS LTD

TESTIMONIAL: Worked on both regulatory, transactional and litigation work. Outstanding by all means as to both the quality of the work, their prompt response and results. Highly recommended without a doubt.


CLIENT:Einat Zakariya

COMPANY/FIRM: EWAVE

TESTIMONIAL: I would highly recommend engaging Stelios Americanos and Co LLC Law Firm especially for real estate transactions in Cyprus even from the very early stages as they provide comprehensive advise on all aspects of asset acquisition structures. During the past few years we’ve started our cooperation with real estate projects in Cyprus, where Stelios Americanos & Co LLC acted as Cypriot advisor, and now working as the main legal advisor in Cyprus for all the group Companies activities.


CLIENT:Rafal Konopka

COMPANY/FIRM: CLASSONE

TESTIMONIAL: Stelios Americanos & Co LLC are the lawyers of the Group in all our Solar Projects in Cyprus. Assisted us in the due diligence, regulatory matters and the transaction negotiations in a difficult and under development sector, with excellent results.


CLIENT:George Georgiou

COMPANY/FIRM: K.ATHIENITIS CONTRACTORS DEVELOPERS PUBLIC LTD

TESTIMONIAL: We have been working with the law firm for 15 years now and this long time relationship adds value to the legal support we received in different deals and closing of complex transactions. Their assistance on the recent debt restructuring of the group was critical taking into consideration the lengthy and sometimes exhaustive negotiations with the counterparty. They were very responsive and effective given the strict timelines of the transaction.


CLIENT:Christodoulos Ellinas

COMPANY/FIRM: SFS GROUP

TESTIMONIAL: A very strong team of high qualified lawyers and legal experts, with excellent knowledge of the Cyprus legal system and Court proceedings. The firm provides always high quality services leveraging to all team members and has considerable expertise in corporate transactions. We were very impressed with their prompt responses in our requests the solid and solution oriented advice given, they have a very commercial approach and understanding of the client’s needs.


CLIENT:Andreas Maos

COMPANY/FIRM: CORPORATE DEALS

TESTIMONIAL: The firm is highly professional, and very responsive and willing to accommodate the clients’ needs in a very business oriented manner. Very liable and hardworking team always willing to go the last mile to achieve the best possible outcome, very flexible and responsive. A truly client focused and client facing law firm with an in depth knowledge of their sectors.


CLIENT:Manny Gurman

COMPANY/FIRM: SHG-LAW

TESTIMONIAL: Their work was exceptional, attention to detail, responsiveness and professionalism.


CLIENT:Offer Rafiah

COMPANY/FIRM: FATTAL HOTELS

TESTIMONIAL: Focused and very sensitive M&A team. The partner Stelios Americanos is by all means exceptional in its overall approach of issues raised and expertise, he is very customer oriented, flexible and responsive with hands-on attitude. He has extensive experience, exceptional business understanding, pragmatic approach, which are all extremely important characteristics when dealing with complex M&A transactions. We never felt at risk at any point of time.


Kazakhstan And Cyprus, Business Ties Enhance Economic Relations

The scope for enhancing economic relations and business ties between Kazakhstan and Cyprus is immense, Cyprus’ Minister of Finance said in his opening address at the Conference "CIS – Kazakhstan – Cyprus – Business Cooperation Heralding the New Era", held Thursday in Limassol.


Intax Forum Ukraine 2018

Stelios Americanos & Co LLC, participated at Intax Forum Ukraine 2018 which took place in Kiev, between 21 and 22 May 2018.


Tax Update

Cyprus Tax Department has announced that, as of June 1st 2018, the following taxes, not bearing interest and charges, can ONLY be paid via JCCsmart (website www.jccsmart.com.cy). JCCsmart is a Cyprus portal used to contact payments to various organizations including the Government. This measure follows the successful implementation of the Pay As You Earn (PAYE) tax withheld from employees through JCCsmart.


Enforcement of a Pledge over the Shares of a Cyprus Company (“Cyprus Pledge”)

A. Pledge

A pledge is by definition a possessory security interest and thus involves the delivery of possession, actual or constructive. A security interest is valid and enforceable once it has been attached to the asset and is perfected. A security interest that has been attached and perfected is enforceable as between the pledgor and pledgee. The effect of attachment is that the security interest fastens on the asset so as to give the creditor rights in rem.


Medical Cannabis Legalisation

THE MAIN PROVISIONS OF THE LEGISLATION WHICH IS UNDER DISCUSSION BEFORE THE HOUSE OF THE REPRESENTATIVES FOR THE LEGALISATION OF THE IMPORTATION AND/OR PRODUCTION AND/OR CULTIVATION OF PHARMACEUTICAL CANNABIS


FBME Bank Ltd: Compensation to Depositors, Deadline until 11th April 2018.

The Central Bank of Cyprus has on 9/4/2016, activated the procedure for the payment of compensation amount from the Deposit Guarantee Fund for Banks for deposits held in FBME Bank Ltd – Cyprus branch.


Stamp Duty

1. Scope of the Stamp duty Law.

1.1.Stamp duty is governed by Stamp Duty Law (19/1963) (hereinafter the “Law”). The Law (article 4 (1)) provides that the documents that are specifically named in its first schedule (and only such documents) are subject to stamp duty provided these documents relate to: (i) assets situated within the Republic of Cyprus; or (ii) matters or things to be performed or done in Cyprus; irrespective of the place of execution of such documents.


Cyprus’ strong economic recovery-2018 Outlook

Cyprus’ strong economic recovery will continue in 2018 with the GDP expected to be 3.2% (2017: 3.8%) which is well above the European Union average. Inflation forecast shows an increase in 2018 to 1.2% (2017: 0.7%) well within the healthy limits, with unemployment expected to be near the 10% mark in comparison with 13% of the year before.


Tax Update

Cyprus Tax Authorities announce the 10 year bond yield for Notional Interest Deduction (NID) purposes

The Cyprus tax authorities have announced the interest yield of the 10 year government bonds as at 31st December 2017 which increased by 3% grants tax allowance on new capital introduced into the Cyprus company.


Cyprus An Emerging Eu Fund Jurisdiction

Cyprus consistent efforts to modernize its regulatory environment for investment funds, has created a legal framework bearing hallmarks of the regimes in Luxembourg and Ireland, and has strengthened Cyprus’ profile as an emerging European funds and asset management domicile.


Stelios Americanos & Co Llc Advises The €100 Million Restructuring Of The Athienitis Group

Stelios Americanos & Co LLC advised Athienitis Group over €100 million debt restructuring

The high profile transaction was one of the most complex restructuring in Cyprus as involved bank debt, bond holders issues and related litigation, financing provided by the Cyta Provident Fund, minority shareholder considerations and the construction and management of the Nicosia Mall a project with a construction cost of over €uro100million.


New Partners

The Law firm of Stelios Americanos & Co LLC, with pleasure announces the appointment as new Partners / Directors:


Cyprus Tax residency for Individuals – Period of stay reduced to 60 days

On the 14th of July the Cyprus Parliament passed a law amending the Income tax law of 2002 as to the requirements of tax residency of individuals in Cyprus.


Tax Treatment Of Intra-group Back-to-back Financing Arrangements

The Cyprus Tax Department ("TD") has issued an interpretative Circular on 30th of June as to the tax treatment of intra group back to back financing arrangements. This follows the TD announcement that it will cease applying the minimum accepted profit margin on back to back loan schemes as agreed in July 2011.


DC Finance Family Office & Wealth Management Conference in Israel: Cyprus Citizenship and Permanent

Stelios Americanos & Co LLC, participated in DC Finance conference in Israel on the 13th of June 2017. The seminar took place at Hilton, Tel-Aviv.


Stelios Americanos & Co Llc Advises Israel’s Fattal And Issta In The Acquisition Of 3 Hotels In Pa

Stelios Americanos & Co LLC advised on Cyprus law issues the joint venture between Fattal, the Israeli hotel management chain and ISSTA, Israel's largest tourism company in the acquisition of hotels Cypria Maris, Cypria Bay and Laura in Paphos, Cyprus.


Stelios Americanos & Co LLC adds 3 new lawyers to its legal team

With new additions to its already established legal team, Stelios Americanos & Co LLC Law firm welcomes 3 new lawyers aiming to strengthen further it’s litigation and corporate practices and continue serving its clients with integrity, personal commitment, dedication and professionalism.


Saint Petersburg Conference – Properties Overseas:

Advantages, risks legal and tax structuring

Stelios Americanos & Co LLC, participated in Saint Petersburg conference on the 13th of December 2016, the topic of which was “Properties Overseas: Advantages, risks legal and tax structuring”. The seminar was co-organized with Delovoy Saint Petersburg and Maxima Legal and took place at Grand Hotel Europe.