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International Expansion

Business in Cyprus

In full alliance with EK Group, we stand close to our clients, accompanying them in their setup and business development in Cyprus, in the following fields:

Accounting & Tax

EK’s highly qualified team provides the full range of accountancy & bookkeeping services along with consultations on accounting matters, always in accordance with the provisions of relevant laws.
With them, we offer fully integrated tax services, helping clients evaluate, improve and monitor their tax-related operations.
Our services include the assessment and management of possible risks, aiming at safeguarding clients’ interests and relationships with the tax authorities.

Banking & Finance

Our experts’ in-depth knowledge in banking and financial services in Cyprus allows us to act as introducers for our clients before banks and financial institutions in the country.
We advise clients on various banking and financial transactions, ranging from bank accounts opening for companies and individuals, to more complex banking and financial operations.

Business Support

Our team of experts provides introductions and support for business setup and expansion in Cyprus. Accompanying our clients throughout all the phases of their business evolution, we make sure that our services participate in adding value to their organization.

Company Formation & Re-Domiciliation

Good knowledge of the land is crucial for establishing solid business structures.
With EK Group experts, we provide all necessary advice and services for the incorporation of new companies in Cyprus along with the re-domiciliation of companies registered in other countries.
In the incorporation of companies, we assist clients in selecting the structure that best suits their needs and in its registration before all relevant governmental authorities.
In the re-domiciliation of companies, we accompany clients with the needed advice and services, for the smoothest results. Being part of the European Union with one of the lowest corporate tax rates and a favorable tax regime, Cyprus is considered as an ideal jurisdiction for businesses. To this effect, many companies registered in other countries are looking to transfer their registration to Cyprus.

Consultancy and Advisory

To achieve their goals and move their business forward with confidence, clients need to connect with the right parties in Cyprus.
Our lawyers and consultants at EK Group, with our collaboration, will lead clients to arrangements that best suit their plans in an international context, by advising them in the following industries and areas of practice – without limitation:

• Artificial Intelligence,
• Banking & Finance,
• Construction,
• Corporate & Commercial,
• Corporate Governance,
• Education,
• Employment,
• Family,
• F&B,
• Hospitality,
• Human Rights,
• Information Technology,
• Insolvency,
• Insurance,
• Intellectual Property Rights,
• Internet & Social Media,
• Manufacturing,
• Oil & Gas,
• Procurement & Tenders,
• Retail & Fashion,
• Shipping,
• Sports,
• Tax,
• Trading,
• Wills & Successions.

Corporate Administration & Secretarial Services

Our corporate team’s wide range of corporate administration and secretarial services ensures that companies registered in Cyprus are compliant with all relevant regulations, including without limitation:

  • Drafting changes in the Memorandum and Articles of Association;
  • Appointing Directors, Shareholders, Secretary and Officers;
  • Provision of registered office;
  • Maintaining statutory records and registers of the company;
  • Filing all legal and financial documents;
  • Handling correspondence with third parties and various authorities;
  • Arranging for the translation of documentation by certified translators;
  • Arranging notarization, certification, apostille, authentication or legalization of incorporation documents and other documents upon clients’ requests;
  • Issuing Powers of Attorney;
  • Coordinating businesses and processes such as audit and tax through associate accountancy firms;
  • Undertaking company searches and due diligence requirements;
  • Advising and assisting in obtaining any necessary license for a company to perform its business activity (e.g.: investment services; portfolio management).

Debt Recovery & Restructuring

We understand that running a business in times of crisis can be overwhelming.
This is why we use innovative, practical and cost-effective solutions to assist clients in preparing their optimal recovery plans and restructuring their debts while they focus on managing and rebuilding their business.
We also assist clients in reorganizing their business by designing customized restructuring plans.

Human Resources & Employment

We always ensure that our clients’ businesses constantly follow the correct procedures according to applicable laws. We assist in all kinds of human resources and employment matters including but not limited to:

  • Identifying staffing needs,
  • Conducting workforce planning,
  • Setting and implementing the hiring procedures,
  • Preparing, drafting and negotiating employment agreements, service agreements and policy manuals,
  • Other consultancy and advisory services for both employers and employees.

Insurance

We team up with EK experts, who specialize in the transactional aspects of the insurance industry, and advise clients on protection coverages, tax, regulations, restructurings, drafting and reviewing insurance policies and M&A activities involving insurance companies.
They also represent insurers and insured persons & professionals (doctors, lawyers, accountants…) with respect to claims, professional misconducts and settlements.

Joint-Ventures, Mergers & Acquisitions

Joint-Ventures and Mergers & Acquisitions have become essential vehicles for corporate change and business development, opening the way to always wider corporate opportunities.
We provide clients with the best support, helping them understand, assess and optimize their options. Then we embark on the process with the clients, assisting them in the execution of these complex operations in the most effective manner.

Maritime Affairs

Cyprus is one of the largest and most notorious shipping centers in the world, hosting ship owning and ship management companies.
The country offers highly efficient ship registration procedures with attractive tax advantages.
Through their office in Limassol, we join efforts with EK Group shipping team to facilitate the completion of shipping transactions, delivering quick services in completing the various registry transactions and responding promptly to urgent matters.

Media & Internet

With EK experts, we advise businesses and individuals on a wide range of legal matters related to digital media and internet, including without limitation:

• Advice on various statutes, regulations, social media policies and best practices,
• Digital copywriting and advertising,
• Drafting and review of contracts,
• Websites’ terms of service,
• User agreements and privacy policies,
• Trademark and unfair competition.

EK experts also advise and represent artists, filmmakers and writers.

Procurement & Tenders

Our services cover the entire processes of procurements and tenders, making sure that all contracting and tendering procedures are conducted in a transparent manner that adheres to local, national and international standards.

In procurement, we assist clients and suppliers in:

• Identifying needs,
• Sourcing and selecting clients and suppliers,
• Gathering and reviewing offers,
• Negotiating contracts.

In tendering, we assist clients and contractors in various industries in:

• Determining their requirements,
• Drafting offers and responses to tenders,
• Collecting offers and responses and analyzing them.

Real Estate investments

Our experts will accompany clients in understanding and determining their goals and objectives in order to propose to them the best suitable properties and programs.
Through its long experience in the real estate sector, EK team knows how to deal with the industry’s complex issues and needs while providing clients with innovative solutions.

Regulatory and Compliance

By providing clients with the necessary information concerning the legal and regulatory framework that governs their activities, we keep them updated with any new requirements, and provide them with the support and advice needed to ensure their practical and efficient implementation.

Residency

We assist individuals in acquiring residency permits in Cyprus, guiding them throughout the entire process.
We define the main needs and objectives of our clients and we consequently suggest their most appropriate programs for obtaining the residency status.

Sports Affairs

Our team is experienced in providing services to athletes and sports teams, covering without limitation the contracts’ preparation and negotiation, manager services and representations.

International Expansion

Business in Cyprus

In full alliance with EK Group, we stand close to our clients, accompanying them in their setup and business development in Cyprus, in the following fields:

Accounting & Tax

EK’s highly qualified team provides the full range of accountancy & bookkeeping services along with consultations on accounting matters, always in accordance with the provisions of relevant laws.
With them, we offer fully integrated tax services, helping clients evaluate, improve and monitor their tax-related operations.
Our services include the assessment and management of possible risks, aiming at safeguarding clients’ interests and relationships with the tax authorities.

Banking & Finance

Our experts’ in-depth knowledge in banking and financial services in Cyprus allows us to act as introducers for our clients before banks and financial institutions in the country.
We advise clients on various banking and financial transactions, ranging from bank accounts opening for companies and individuals, to more complex banking and financial operations.

Business Support

Our team of experts provides introductions and support for business setup and expansion in Cyprus. Accompanying our clients throughout all the phases of their business evolution, we make sure that our services participate in adding value to their organization.

Company Formation & Re-Domiciliation

Good knowledge of the land is crucial for establishing solid business structures.
With EK Group experts, we provide all necessary advice and services for the incorporation of new companies in Cyprus along with the re-domiciliation of companies registered in other countries.
In the incorporation of companies, we assist clients in selecting the structure that best suits their needs and in its registration before all relevant governmental authorities.
In the re-domiciliation of companies, we accompany clients with the needed advice and services, for the smoothest results. Being part of the European Union with one of the lowest corporate tax rates and a favorable tax regime, Cyprus is considered as an ideal jurisdiction for businesses. To this effect, many companies registered in other countries are looking to transfer their registration to Cyprus.

Consultancy and Advisory

To achieve their goals and move their business forward with confidence, clients need to connect with the right parties in Cyprus.
Our lawyers and consultants at EK Group, with our collaboration, will lead clients to arrangements that best suit their plans in an international context, by advising them in the following industries and areas of practice – without limitation:

• Artificial Intelligence,
• Banking & Finance,
• Construction,
• Corporate & Commercial,
• Corporate Governance,
• Education,
• Employment,
• Family,
• F&B,
• Hospitality,
• Human Rights,
• Information Technology,
• Insolvency,
• Insurance,
• Intellectual Property Rights,
• Internet & Social Media,
• Manufacturing,
• Oil & Gas,
• Procurement & Tenders,
• Retail & Fashion,
• Shipping,
• Sports,
• Tax,
• Trading,
• Wills & Successions.

Corporate Administration & Secretarial Services

Our corporate team’s wide range of corporate administration and secretarial services ensures that companies registered in Cyprus are compliant with all relevant regulations, including without limitation:

  • Drafting changes in the Memorandum and Articles of Association;
  • Appointing Directors, Shareholders, Secretary and Officers;
  • Provision of registered office;
  • Maintaining statutory records and registers of the company;
  • Filing all legal and financial documents;
  • Handling correspondence with third parties and various authorities;
  • Arranging for the translation of documentation by certified translators;
  • Arranging notarization, certification, apostille, authentication or legalization of incorporation documents and other documents upon clients’ requests;
  • Issuing Powers of Attorney;
  • Coordinating businesses and processes such as audit and tax through associate accountancy firms;
  • Undertaking company searches and due diligence requirements;
  • Advising and assisting in obtaining any necessary license for a company to perform its business activity (e.g.: investment services; portfolio management).

Debt Recovery & Restructuring

We understand that running a business in times of crisis can be overwhelming.
This is why we use innovative, practical and cost-effective solutions to assist clients in preparing their optimal recovery plans and restructuring their debts while they focus on managing and rebuilding their business.
We also assist clients in reorganizing their business by designing customized restructuring plans.

Human Resources & Employment

We always ensure that our clients’ businesses constantly follow the correct procedures according to applicable laws. We assist in all kinds of human resources and employment matters including but not limited to:

  • Identifying staffing needs,
  • Conducting workforce planning,
  • Setting and implementing the hiring procedures,
  • Preparing, drafting and negotiating employment agreements, service agreements and policy manuals,
  • Other consultancy and advisory services for both employers and employees.

Insurance

We team up with EK experts, who specialize in the transactional aspects of the insurance industry, and advise clients on protection coverages, tax, regulations, restructurings, drafting and reviewing insurance policies and M&A activities involving insurance companies.
They also represent insurers and insured persons & professionals (doctors, lawyers, accountants…) with respect to claims, professional misconducts and settlements.

Joint-Ventures, Mergers & Acquisitions

Joint-Ventures and Mergers & Acquisitions have become essential vehicles for corporate change and business development, opening the way to always wider corporate opportunities.
We provide clients with the best support, helping them understand, assess and optimize their options. Then we embark on the process with the clients, assisting them in the execution of these complex operations in the most effective manner.

Maritime Affairs

Cyprus is one of the largest and most notorious shipping centers in the world, hosting ship owning and ship management companies.
The country offers highly efficient ship registration procedures with attractive tax advantages.
Through their office in Limassol, we join efforts with EK Group shipping team to facilitate the completion of shipping transactions, delivering quick services in completing the various registry transactions and responding promptly to urgent matters.

Media & Internet

With EK experts, we advise businesses and individuals on a wide range of legal matters related to digital media and internet, including without limitation:

  • Advice on various statutes, regulations, social media policies and best practices,
  • Digital copywriting and advertising,
  • Drafting and review of contracts,
  • Websites’ terms of service,
  • User agreements and privacy policies,
  • Trademark and unfair competition.

EK experts also advise and represent artists, filmmakers and writers.

Procurement & Tenders

Our services cover the entire processes of procurements and tenders, making sure that all contracting and tendering procedures are conducted in a transparent manner that adheres to local, national and international standards.

In procurement, we assist clients and suppliers in:

  • Identifying needs,
  • Sourcing and selecting clients and suppliers,
  • Gathering and reviewing offers,
  • Negotiating contracts.

In tendering, we assist clients and contractors in various industries in:

  • Determining their requirements,
  • Drafting offers and responses to tenders,
  • Collecting offers and responses and analyzing them.

Real Estate investments

Our experts will accompany clients in understanding and determining their goals and objectives in order to propose to them the best suitable properties and programs.
Through its long experience in the real estate sector, EK team knows how to deal with the industry’s complex issues and needs while providing clients with innovative solutions.

Regulatory and Compliance

By providing clients with the necessary information concerning the legal and regulatory framework that governs their activities, we keep them updated with any new requirements, and provide them with the support and advice needed to ensure their practical and efficient implementation.

Residency

We assist individuals in acquiring residency permits in Cyprus, guiding them throughout the entire process.
We define the main needs and objectives of our clients and we consequently suggest their most appropriate programs for obtaining the residency status.

Sports Affairs

Our team is experienced in providing services to athletes and sports teams, covering without limitation the contracts’ preparation and negotiation, manager services and representations.