CHAMBERSFIELD ECONOMIDES KRANOS > Limassol, Cyprus > Firm Profile
CHAMBERSFIELD ECONOMIDES KRANOS Offices
3 Arachovas str., 3096
LIMASSOL
Cyprus
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CHAMBERSFIELD ECONOMIDES KRANOS > Firm Profile
The firm: Chambersfield Economides Kranos is an innovative international law firm with a comprehensive knowledge of the international business market.
Mr Michalis Economides is the CEO and founder of the law firm Chambersfield Economides Kranos. He is an advocate and legal consultant, approved member of the Cyprus Bar Association, Barrister at Law of England and Wales, Member of the Chartered Institute of Arbitrators of England and Wales, Registered Member of Mediators for Civil and Commercial Disputes, as well as, Certified Liquidator and Insolvency Practitioner.
Additionally, he is an awarded and recommended attorney from various globally reputable organizations and he is regularly appointed by individuals, private and public entities for scrutiny, review, and consultation.
Mr Michalis Economides created his own law firm, Chambersfield Economides Kranos, and, then he proceeded with founding GFA Trust, an international corporate and fiduciary provider.
Chambersfield Economides Kranos is a law firm that follows a customer-centric method by acknowledging that the uniqueness of each customer requires an exclusive approach.
With a physical presence in more than nine countries, the firm undertakes a wide range of complex legal disputes and business cases that fall within the scope of litigation.
Chambersfield Economides Kranos is also a registered service provider for offering the Cyprus Investment Program and Cyprus Permanent Residence scheme. Moreover, the firm has great expertise in the Citizenship by Investment Schemes of Caribbean Countries.
What is more, Chambersfield Economides Kranos provides a comprehensive range of legal, corporate, and fiduciary related services, in more than twenty-one jurisdictions, for private and corporate clients, multinational companies, financial institutions, and governments on a local, national and global level.
The firm offers a full spectrum of corporate, commercial, and fiduciary services such a company formation, company administration, trust registration and management, company re-domiciliation, mergers and acquisitions, escrow services, the global opening of bank accounts, incorporation of foundations, contracts, and agreements, as well as handling of commercial disputes, commercial negotiations, and provision of alternative dispute resolution services.
Areas of practice: The experienced Chambersfield Economides Kranos’ team of lawyers, is well aware of the fact that the diversified business environment of our era needs to be dealt with an open perspective, creative out-of-the-box thinking, when approaching each legal or corporate issue.
The law firm has an in-depth awareness of the complexity of all technical procedures and structural requirements regarding the overall legislative system, especially when multi-jurisdictional issues arise, either through negotiations, arbitration, litigation, or mediation.
Therefore, its professional lawyers are always up-to-date with the new regulations and/or practices of the legislative framework, in order to successfully and vigorously negotiate and document the relationships of all parties engaged, in all types of disputes that may occur.
Moreover, most of the cases that the firm has handled are associated with: litigation and arbitration; regulatory compliance; due diligence; risk management; real estate finance; private equity finance; M&A finance; financial services; corporate and commercial; company formation; registration of business names; formation of foundations; formation of trusts; joint ventures; re-domiciliation; multi-jurisdictional M&A; corporate restructuring; tax restructuring; complex agreements for property acquisitions; intellectual property; commercial litigation; banking litigation; the opening of offshore and onshore bank accounts; escrow services; loan restructuring and insolvency; complex loan restructuring with multiple shareholders, etc; arbitration between stakeholders; agreements between shareholders; new partnerships; management of financial liabilities; lending transactions; citizenship by investment schemes; debt recovery; family law; employment law; immigration law; and EU law.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Litigation and arbitration | Michalis Economides | ||
| Litigation and arbitration | Louiza Georgiou | ||
| Litigation and arbitration | Stephanie Nicolaou | ||
| Anti-money laundering regulatory | Michalis Economides | ||
| Anti-money laundering regulatory | Stephanie Nicolaou | ||
| Corporate and commercial | Michalis Economides | ||
| Corporate and commercial | Louiza Georgiou | ||
| Family | Louiza Georgiou | ||
| Marine | Michalis Economides | ||
| Immigration | Louiza Georgiou | ||
| Immigration | Michalis Economides | ||
| Immigration | Stephanie Nicolaou | ||
| Intellectual Property | Michalis Economides | ||
| Intellectual Property | Louiza Georgiou | ||
| Real Estate/Tenancy | Michalis Economides | ||
| Multi-jurisdictional M&A | Michalis Economides | ||
| Multi-jurisdictional M&A | Louiza Georgiou | ||
| Debt recovery | Louiza Georgiou | ||
| Citizenship and Residency Schemes | Michalis Economides | ||
| Citizenship and Residency Schemes | Louiza Georgiou | ||
| Banking and finance | Louiza Georgiou | ||
| Banking and finance | Stephanie Nicolaou | ||
| Dispute Resolution | Michalis Economides | ||
| Dispute resolution | Louiza Georgiou | ||
| Investment consultancy | Michalis Economides | ||
| Liquidations | Michalis Economides | ||
| Liquidations | Louiza Georgiou | ||
| Liquidations | Stephanie Nicolaou | ||
| Tax | Michalis Economides | ||
| Compliance | Michalis Economides | ||
| Compliance | Louiza Georgiou | ||
| Compliance | Stephanie Nicolaou | ||
| Tort | Michalis Economides | ||
| Tort | Stephanie Nicolaou | ||
| Tort | Louiza Georgiou |
Lawyer Profiles
| Photo | Name | Position | Profile |
|---|---|---|---|
|
Michalis Economides | Michalis Economides is an Advocate and Legal Consultant, the founder, and CEO… | View Profile |
Languages
English Greek Russian TurkishMemberships
Chambersfield International Charter Institute of Arbitrators CIArb Cyprus Law Bar Association Honourable Society of Lincoln's Inn UKDiversity/Community
Chambersfield Economides Kranos consistently follows a customer centric approach and acknowledges that the uniqueness of each customer requires exclusive approach.
The core value of the firm’s culture is to create and preserve long term relationships with customers and not just one-off business dealings. In doing so, customers become “partners” in a mutual relationship and are not treated as customers in the traditional and typical manner.
In addition, Chambersfield Economides Kranos’ human capital is composed by determined, knowledgeable individuals with diversified backgrounds that are sharing their unparalleled passion for their profession and recognize that each case, no matter the customer status or value, is essential.
The team members approach each case with an innovative, professional, comprehensive business thinking, following structural approaches, from the initiation to the completion of the cases.
Consequently, when needed, a proactive approach is implemented by recognizing and eliminating possible issues before they arise. Undeniably, this is due to the team’s background diversification, along with their thorough knowledge and understanding of the legal and international business industry.
Moreover, it is noteworthy to mention that Chambersfield Economides Kranos law firm has established powerful cooperation with reputable law firms in other jurisdictions, which adds a local touch to the provided services towards its selective clientele. Currently, the firm is cooperating with law firms in nine countries such as UK, Lebanon, Bahrain, Albania, Greece, Israel, Miami and Singapore.
Due to the diversified environment of our era, the firm considers these types of cooperation, as a step forward strategy for enhancing the services provided to customers, especially when they are facing difficulties in other jurisdictions. No one knows the legislative framework of a country better than a local, experienced law firm.
In conclusion, Chambersfield Economides Kranos is a law firm which embraces team diversification, multicultural approach and changes, since they create new opportunities and innovating way of thinking.
Pro bono is a term used for the provision of free legal advice. The firm strongly believes that justice should be available to all. As part of the firm’s CSR strategy, pro bono work is offered, in order to help those in need who lack the financial sources for a strong legal representation. Therefore, Chambersfield Economides Kranos team of lawyers, consult and represent individuals before Court.
Additionally, the firm assists several non-governmental organisations and is an active member of the local community by proceeding with financial donations in various non-profit organisations.
Diversity
Chambersfield Economides Kranos consistently follows a customer-centric approach and acknowledges that each customer’s uniqueness requires an exclusive approach.
The firm’s culture’s core value is to create and preserve long-term relationships with customers and not just one-off business dealings. In doing so, customers become “partners” in a mutual relationship and are not treated as customers in the traditional and typical manner.
In addition, Chambersfield Economides Kranos’ human capital is composed of determined, knowledgeable individuals with diversified backgrounds sharing their unparalleled passion for their profession and recognizing that each case, no matter the customer status or value, is essential.
The team members approach each case with innovative, professional, comprehensive business thinking, following structural approaches, from the initiation to the completion of the cases.
Consequently, when needed, a proactive approach is implemented by recognizing and eliminating possible issues before they arise. Undeniably, this is due to the team’s background diversification, along with their thorough knowledge and understanding of the legal and international business industry.
Moreover, it is noteworthy to mention that Chambersfield Economides Kranos law firm has established robust cooperation with reputable law firms in other jurisdictions, which adds a local touch to the provided services towards its selective clientele. Currently, the firm is cooperating with law firms in nine countries such as UK, Lebanon, Bahrain, Albania, Greece, Israel, Miami, and Singapore.
Due to our era’s diversified environment, the firm considers these types of cooperation as a step forward strategy for enhancing the services provided to customers, especially when they are facing difficulties in other jurisdictions. No one knows the legislative framework of a country better than a local, experienced law firm.
Chambersfield Economides Kranos is a law firm that embraces team diversification, multicultural approach, and changes since they create new opportunities and innovative ways of thinking.
Pro bono is a term used for the provision of free legal advice. The firm strongly believes that justice should be available to all. As part of the firm’s CSR strategy, pro bono work is offered to help those in need who lack the financial sources for a solid legal representation. Therefore, Chambersfield Economides Kranos team of lawyers consult and represent individuals before Court.
Additionally, the firm assists several non-governmental organizations and is an active member of the local community by proceeding with financial donations in various non-profit organizations.
International Capabilities
Chambersfield Economides Kranos is an internationally-awarded law firm recognized for its cross-border expertise and customer-centric approach.
The firm’s experienced team of lawyers is very well aware that the current diversified business environment needs to be dealt with from an open perspective and requires creative, out-of-the-box thinking when approaching each legal or corporate issue.
This is the outcome of the implemented values that the founder, Mr. Michalis Economides, formed since the law firm’s inauguration.
Therefore, the structure of the firm’s team of attorneys is composed of experienced, determined, highly-educated, knowledgeable professionals from various legal backgrounds and an unparalleled passion for their profession, who recognize that each case is essential and unique.
Consequently, they focus on each client’s requirements and provide first-tier legal services, with solutions that fully comply with the jurisdiction’s legislative framework, in which the legal entity operates in all major sectors of the market.
Chamberfield Economides Kranos services include, amongst others:
- Litigation and arbitration
- Corporate and commercial law
- Admiralty and shipping
- Aviation law
- Banking and finance
- Competition law
- Family law
- Tenancy matters
- Employment law
- Criminal law
- European law
- Immigration law
- Intellectual property
- Multi-jurisdictional transactions
- Company services
- Fiduciary services
- Nominee services
- Trust services
- Investment management
- Bank accounts opening
- Wealth management
- Portfolio management
- Investment consultation
- Escrow services
- Forex
- Foundation incorporation
- Mergers and acquisitions
- Risk management
- Financial services
- Group restructuring
- Start-upsconsultation
- Residency schemes
Chambersfield Economides Kranos provides solutions and consults individuals and corporate entities to handle personal legal issues and disputes, form a successful investment portfolio with the most significant percentage of return, manage their existing investments, and evaluate new investment opportunities.
The firm is well aware of the complexity of the international business market, and its professional lawyers are, therefore, well-informed about all new regulations, practices, and legislative frameworks.
Moreover, to provide the best legal and corporate services with a local touch to its selective clientele, Chambersfield Economides Kranos has formed robust cooperation with reputable law firms in other jurisdictions.
Additionally, the firm’s team of experts speaks English, Greek, Russian and Turkish.
Last but not least, the firm’s services cover the entire main business sector under international law, ranging from the financial sector to the management and banking sector and the incorporation and administration of corporations.
The firm values customer relationships, innovation, loyalty, trust, commitment, integrity, and teamwork.
Interviews
Michalis Economides, Founder & CEO
Founder & CEO Michalis Economides explains how Chambersfield Economides Kranos is adapting to clients’ changing needs.
1) What do you see as the main points that differentiate Chambersfield Economides Kranos from your competitors?
At Chambersfield Economides Kranos, we pride ourselves on being at the forefront of innovation in the legal industry. What sets us apart from our competitors is our unwavering commitment to leveraging technology and our global reach to provide unparalleled legal services. Our innovative approach allows us to efficiently handle cross-border business transactions and complex legal matters, giving our clients a distinct advantage in today’s global marketplace.
2) Which practices do you see growing in the next 12 months? What are the drivers behind that?
Over the next 12 months, we anticipate significant growth in our cross-border transactional practices. The increasing globalization of business operations and the evolving regulatory landscape are driving this growth. Our expertise in navigating complex international legal frameworks positions us to meet the needs of clients engaging in cross-border transactions, ensuring seamless and efficient outcomes.
3) What’s the main change you’ve made in the firm that will benefit clients?
One of the main changes we have implemented at our firm is the integration of cutting-edge technology into our legal services. By investing in advanced software and platforms, we’ve streamlined processes, enhanced communication, and improved efficiency. This technological advancement benefits our clients by providing them with faster, more cost-effective solutions while maintaining the highest standards of legal excellence.
4) Is technology changing the way you interact with your clients, and the services you can provide them?
Absolutely, technology is revolutionizing the way we interact with our clients and deliver legal services. Through the use of digital communication tools, secure online portals, and virtual meeting platforms, we are able to offer our clients more convenient and accessible legal services. Additionally, advancements in legal tech enable us to provide innovative solutions, such as predictive analytics and document automation, to further enhance the value we deliver.
5) Can you give us a practical example of how you have helped a client to add value to their business?
Certainly, let me provide you with a practical example of how we added value to one of our clients’ businesses. In a recent cross-border merger transaction, we provided comprehensive legal counsel and strategic guidance throughout the entire process. By leveraging our extensive network and expertise in international law, we facilitated a seamless transaction, mitigated risks, and maximized value for our client. Our client’s business emerged stronger and more competitive in the global market as a result of our partnership.
6) Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
Indeed, Clients are increasingly seeking stability and strategic direction from their law firms, and we are acutely aware of this trend. As a firm, we place immense value on maintaining strong, long-term relationships with our clients built on trust, reliability, and excellence in legal services. Looking ahead three years, we aim to further solidify our reputation as a trusted partner for our clients, providing them with innovative solutions tailored to their specific needs. We are committed to continuing our growth path while remaining focused on delivering exceptional client service and driving positive outcomes for their businesses.
Press Releases
Liquidator & Insolvency Practitioner
21st August 2018 According to the provisionsof the current legislation and specifically as per the Insolvency ConsultantsLaw of 2015 and the Insolvency consultants Regulations of 2015, a certifiedinsolvency consultant may act on behalf of legal entities (companies) as aliquidator, interim liquidator, receiver, administrator or evaluator. Also, alicensed insolvency consultant may act on behalf of a physical person, as abankruptcy administrator, a temporary receiver of his/her property or a specialadministrator of his/her property or business, or as a consultant concerningrepayment schemes and loans restructuring.Advisory Excellence Recognition
21st August 2018Advisory Excellence network an international body that profilesthe leading experts that are distinguished from their innovation andperformance worldwide, has recognized and honored Chambersfield EconomidesKranos, as a full Service Law Expert firm in Cyprus.
Michalis Economides – Lawyer Of The Year
21st August 2018 Michalis Economides awarded with the Law Award CYPRUS -GAMECHANGER LAWYER OF THE YEARLegal Developments
Initiation of Beneficial Owners (UBOs) Register of Corporate and Other Legal Entities
25th March 2021Corresponding to the official statement issued 19.02.21 with the passage of the "Law on the Prevention and Combating of Money Laundering (Amending) Law of 2021", the Ministry of Energy, Commerce, and Industry proclaims that the electronic service for the Registration of Beneficial Owners (UBOs) information for corporate and other legal entities will be available 16.03.2021 under the Companies Section website, e-filing services.
Legal Considerations in Today’s Businesses
19th March 2021 The disruptive force of the Covid-19 Pandemic has disturbed the balance of all businesses' operations and changed the way people think and act. Today's world strives to adapt to continue functioning, retain economic stability and society's welfare.Covid-19 and Supply Chain Breach of Contracts. Who is accountable?
10th December 2020Who will be considered accountable for the losses, in the cases where suppliers are not able to meet customers' order and delivery obligations, due to COVID-19 outburst?
Immigration Services
25th September 2020There is a well-known saying that "Home is where the heart is!"
Chambersfield Economides Kranos immigration experts can assist in all your immigration matters by providing the right consultation and handling all the processes of your application, in order for you and your family to find the home of your heart.Buying Properties in Cyprus: Location, Purpose, Process
19th June 2020 Blue Flag awarded beaches, charming forests with scenic waterfalls and countless breathtaking natural landscapes rule this blessed island in the Mediterranean Sea.Online Business
4th June 2020 Online Business. In nowadays’ business world of globalization, internet, plays a vital role, breaking down geographical boundaries, enhancing, thereby, the limitation of cross-border barriers.Trademarks
24th May 2020 In the era of innovation, digitalisation and tough competition, trademarks constitute a key form of intellectual property right for the global business market. In other words, trademarks, form one of the most fundamental cornerstones of your business; giving a unique and identifiable character to the services and/or products you provide.The Most Common Legal Issues in Cyprus
10th January 2020 During the course of our lives, we will definitely need the assistance of a legal consultant on numerous occasions, either for a reason such as buying a home, establishing a new business or protecting a new idea, or for more complicated matters such as accident claims, medical negligence, property disputes, personal disputes and so on. Legal issues are a part of everyday life and it is very important to learn how to deal with them efficiently with the help of smart planning and the assistance of the right legal consultants. Based on my experience, the following are the most common legal issues on which advocates in Cyprus are being asked for advice.Why Companies Need Professional Asset Portfolio Management
21st August 2018An Article by Mr Michalis Economides, CEO and Founder ofChambersfield Economides Kranos, Advocates & Legal Consultants
Asset management isessential if a company is to maximize the return on investment (ROI) to itsshareholders and stakeholders. Despite its importance, however, many numerouscompanies and entrepreneurs neglect it and fail to provide the necessaryattention to the procedures required for an efficient asset managementstrategy. This can lead to their investments underperforming and they may findthemselves exposed and vulnerable to significant risks, due to financialfluctuations and the constantly changing market environment.
Why Register a Cyprus Company
21st August 2018Anarticle by Mr. Michalis Economides, CEO | Advocate & Legal Consultant ofthe International Law Firm Chambersfield Economides Kranos
Business nowadaysoperates in an interconnected world, without any boundaries or limitations toprotect brands and companies from the merciless competition.
In our era, due totechnological breakthroughs, competition is thriving and multi-attacking companiesand brands from various channels of communication; therefore entrepreneurs findthemselves in the difficult position of searching and finding the mostfavorable path to follow, for the achievement of economies of scales.
Currently, manyentrepreneurs are in the process of searching various ways on how they canmaximize their productivity and enhance their profitability by minimizing theiroperational costs. One of the main scenarios they examine, due to itsendless possibilities, is the reincorporation or re domiciliation of theirbusiness activities in favorable markets. Even though this practice is verycommon, entrepreneurs should cautiously consider their options, since this pathcan be very costly, multifaceted and time consuming.
Cyprus Scheme of Investors Naturalisation
21st August 2018New and updated Regulation on the Naturalization (Citizenship) of Investors in Cyprus byInvestment on the basis of subsection (2) of section 111A of the Civil RegistryLaws of 2002-2015
The Council of Ministers of theRepublic of Cyprus, on the 13th of September 2016 has issued an amendedRegulation in relation to the Scheme for Naturalisation (Citizenship) ofInvestors in Cyprus by Exception.
One of the main objectives ofthe economic policy of the Republic of Cyprus is to further encourage ForeignDirect Investment and to attract high net worth individuals to settle and dobusiness in Cyprus.
Key factors that make Cyprus anattractive destination for investment, is the highly specialized human capital,the reliable legislative and regulatory framework, the stable tax system andthe safety and stability conditions prevailing in the country.
Within this framework and takinginto account the strong investor interest, the Government of Cyprus hasestablished and revised a "Scheme for Naturalization of non-Cypriotinvestors by exception" on the basis of subsection (2) of section 111A ofthe Civil Registry Laws of 2002-2015, with specific incentives, terms andconditions and control procedures in order to prevent abuse.