Firm Profile > STELIOS AMERICANOS & CO LLC > Nicosia , Cyprus
STELIOS AMERICANOS & CO LLC Offices
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STELIOS AMERICANOS & CO LLC > The Legal 500 Rankings
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
STELIOS AMERICANOS & CO LLC > Firm Profile
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.
|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|
|Intellectual Property||Despina Americanou|
|Intellectual Property||Christoforos Tsekouras|
|Mr Stelios Americanos||View Profile|
|Ms Despina Americanou||View Profile|
|Ms Kyriaki P. Christofi||View Profile|
|Mr Soteris Costa||View Profile|
|Ms Chrysanthi Epifaniou||View Profile|
|Mr Thanos Fiakas||View Profile|
|Ms Xenia Kalogirou||View Profile|
|Ms Eve Karaviotou||View Profile|
|Mr Morfakis Koumas||View Profile|
|Mr Andreas Parpas||View Profile|
|Ms Olga Petrova||View Profile|
|Mr Christoforos Tsekouras||View Profile|
|Mr Michalis Zambyrinis||View Profile|
Staff FiguresNumber of lawyers : 15 at this office : 13
LanguagesArabic English French Greek Hebrew Russian Ukrainian
MembershipsInternational Bar Association Cyprus Bar Association International Tax Planning Association STEP IR GLOBAL IGAL Leaders in Law
OtherOther offices : Athens
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.
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 weve 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.
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.
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.
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 clients needs.
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.
TESTIMONIAL: Their work was exceptional, attention to detail, responsiveness and professionalism.
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.
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.
Stelios Americanos & Co LLC, participated at Intax Forum Ukraine 2018 which took place in Kiev, between 21 and 22 May 2018.
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.
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.
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
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.
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 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.
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 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 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.
The Law firm of Stelios Americanos & Co LLC, with pleasure announces the appointment as new Partners / Directors:
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.
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.
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 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.
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.
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.
Our Family Grows Ch. P. Savvides & Associates LLC is a highly reputable, young and energetic law firm based in Nicosia actively involved in Financial & Investment Regulatory Compliance, Litigation & Insolvency, Corporate Law and a pioneer in providing legal advice for innovative technology business ideas and Blockchain.
Anti-Tax Avoidance Directive. The Cyprus Ministry of Finance has presented to the Parliament legislation in view of the implementation of the European Union Anti-Tax Avoidance Directive.
On the 15th of May 2019 the Cyprus Minister of Foreign Affairs Mr Nicos Christodoulides and the First Deputy Prime Minister and Minister of Finance of Kazakhstan Mr. Alikhan Smailov has signed the new Double Taxation and the Prevention of Fiscal Evasion treaty between the respective countries.
The Cyprus Investment Programme has been redesigned by the Cyprus Government in order to continue to attract high net worth individuals to settle and do business in Cyprus. The Key Changes will be applicable from the 15th of May 2019 and include the following:
Cyprus has introduced the General Healthcare System (GHS) that will cover its entire population. The GHS is a modern, patient-centric healthcare system with the aim of delivering equal and quality healthcare services to beneficiaries.
The Cyprus flag has had unprecedented success in the last few years, rising to a position of prominence in world shipping.
Shipping is dominant in Cyprus due to the country’s excellent geographical position, the significant number of bilateral treaties for the avoidance of double taxation concluded by Cyprus and the favourable taxation regime which has been maintained even after the accession to the European Union.
Stelios Americanos & Co LLC, participated in WORLD SHIPPING LAW FORUM in Athens that has taken place on the 25th January 2019. The conference took place at N.J.V. Athens Plaza.
BLOCKCHAIN AND DIGITAL CURRENCIES
DECENTRALIZED NICOSIA CHAPTER CONFERENCE
Stelios Americanos & Co LLC and Ch. P. Savvides & Associates LLC, being the consortium law firms of BL ADVISORY INTERNATIONAL, www.bla-international.com, participated at the Blockchain and Digital Currencies event, held at the University of Nicosia and organized by the Decentralized Nicosia Chapter on 23rd of January, 2019.
The British Virgin Islands are rushing to pass by the end of December the new economic substance legislation to avoid the EU’s blacklist of tax haven jurisdictions.