LITIGATION

George Y. Yiangou LLC has a wide litigation practice, covering all areas of general and commercial law.

We have been involved in all types of disputes, including national and international arbitration, commercial, intellectual property, banking and finance, tax issues, bankruptcy, insurance, shipping, real estate, securities, family, successions and controversies raised during the enforcement of civil and commercial judgments procedures including foreign judgements and arbitration awards and pursing interim pre-emptive remedies.

Corporate, Banking & Finance

The fact that the regulations in the financial sector are becoming more and more complex and are not easy to comply with doesn’t need any more vivid evidence nowadays.

Companies are obliged to conform to increasingly stringent rules both on national and international levels. In these conditions it is important to be sure that your business purposes comply with all requirements imposed by the applicable legislation and that their fulfilment will not accrue any undesirable risks. 

Formation & Administration of Companies

Upon the entering of Cyprus in the EU the tax legislation of the country has changed but remained to the benefit of the investor. It is a strong and firm opinion of the Cyprus Government but also of the International Tax Planning Community that Cyprus will continue to be a major International Financial Centre.

Cyprus especially will remain the perfect location for investment to and from Russia and Central and Eastern Europe.

Tax Planning

With Cyprus accession into the European Union, its tax legislation has changed in order to come in line with the European Union law and the European Union code of conduct. The new regime abides by Cyprus' commitment to the OECD to eliminate harmful tax competition initiatives against harmful tax practices.

Thus as from the 1st of January 2003 the tax system in Cyprus underwent some major reforms, nevertheless making Cyprus more attractive rather than less attractive for establishing a base for international business.

Accounting

Our office operates a complete accountancy department with qualified and experienced accountancy personnel. All Cyprus companies, according to Cyprus Company and tax Laws must keep proper accountancy books and records, file annually tax returns and prepare audited financial statement.

The accounting services our office provides include:

• book-keeping
• registration to the Income Tax and VAT Departments

International Debt Collection

George Y. Yiangou LLC has been specializing in International Debt Collection for over 25 years. We collect debts primarily in Greece, Cyprus, Turkey, the Middle East, Africa and Eastern Europe. We also have tight links with overseas representatives worldwide.

Our experienced collection professionals use all the conventional collection procedures, and are particularly knowledgeable of the business environment and practices in the countries covered.