The law office of Epaminodas Komodromos Cyprus Solicitors and Legal Consultants

About Us

The law firm has built its business and reputation on simple, yet essential principles: exceptional service and outstanding skill comparable to world class organizations around the globe. These are the cornerstones on which the firm was established in 1936 by our founder Epameinondas Komodromos, the then Minister of Internal Affairs and Defence, and these continue to be our guiding principles.

Continuing to be owned and managed by the family, the firm, as a dynamic commercial law firm of solicitors, lawyers, advocates and Barristers, has earned an undisputed reputation for its independence, competence and integrity. The firm is dedicated to high ethical and professional standards, adheres to a work culture of service excellence and professional competence. The core values of the firm include:

• Maintaining high quality standards in all aspects of its professional practice
• Commitment to client care and service excellence
• Dedication to ethical conduct in all its dealings with clients, colleagues and authorities

With its head office in Paphos and associates in Nicosia, Larnaca, Limasol and Ayia Napa our network of expertise extends over the entire island. We have an extensive local and international client base, including many multinational corporations, trade associations, financial institutions, government and state authorities as well as private clients, many relying on our firm for insight and advice.

The firm over the years published a number of publications on the Cyprus legal system, laws and regulations and which have been officially recognized and are widely used by Government bodies (including the congress in U.S.A ), universities, municipalities, scholars and practicing solicitors.

The firm’s strengths lie in the breadth and quality of its professional staff and its emphasis on the quality of the legal services it renders, together with the diversity of its professional staff.

The practice has a corporate and commercial focus and a reputation for excellence in these fields with Epaminondas Korakides heading the corporate, litigation and commercial department. His wife Maria Korakidou heads the property division of the practice having been admitted as an advocate and a member of the Cyprus Bar Association since 1995.

Born in Paphos she is well known within the local community and for her integrity and professionalism in property transactions. With her vast experience in the property market she has “strength and depth” in this field and thus able to consistently render services of the highest calibre and with the requisite degree of expertise. If you are buying property in Cyprus, Maria will assist and attend to and ensure that all legal procedures are adhered to concerning the purchase, she will assist with the mortgage applications, execution of sale and mortgage documents, payments to the developer, connect the water and electricity, arrange standing orders down to your household insurance, everything to solve the challenges her clients face.

AREA OF PRACTICE

accident law
acquisitions, sales & mergers
administrative law
arbitration
architectural and engineering contract law
banking law
building law
business consultancy
business establishments
business law
civil law
commercial agents and sales contracts
commercial law
company formation
company law
constitutional law
contentious and non-contentious legal matters
contract law
corporation law
credit law
debt collection
EU-law
family law
finance law
general legal practice
human rights
income tax
industrial contracts
insurance law
intellectual property (IP)
international private law
labour law
patent law
product liability law
property law
property related contracts
registration and administrative services for offshore companies
shipping law
stock exchange admissions
taxation law
trademarks
transfers of ownership
transportation law
wills and probate

Offshore company formation in Cyprus

Onshore Status

The Cypriot international company is in fact onshore company, that is, a private company limited by shares, and governed by the Provisions of the Companies Law Cap 113, which is identical to the English Companies Act of 1948. It does not enjoy any preferential tax treatment at the corporate level. In fact, the Cypriot international company is liable to tax on a world wide basis at the unprivileged corporate tax rate applicable to all other Cypriot onshore companies – 10%. This way, the Cypriot corporate entity is in a position to enjoy the full benefits of Cyprus’s extensive double tax treaty network. It is also treaty-protected in terms of the non-discrimination clauses set out in the various double taxation treaties signed by Cyprus to date. It is the onshore nature of the Cypriot international company that is so fundamental to its role as the tax-efficient corporate vehicle since Cyprus became a full member of the EU on the 1st May 2004.

If you have any questions or would like to discuss your property needs you can contact Maria via email korakide@logos.cy.net or on phone number 00357 26932097