Harneys Aristodemou Loizides Yiolitis LLC is a Cyprus law firm specializing in all aspects of Cyprus commercial, banking, corporate, tax and trust law. The law firm distinguishes itself from other Cyprus law firms as it focuses solely on the business side of the law and does not undertake activities such as litigation and dispute resolution. The philosophy of the firm captures the essence of an international trend of investment into and via Cyprus driven by the favourable Cyprus tax regime.
Typical transactions handled by the firm include advising on international financing structures through Cyprus companies where the firm acts as Cyprus counsel for the lenders or borrowers, handling Cyprus corporate governance matters and advising on shareholder issues, undertaking due diligence in connection with acquisitions involving Cyprus companies and providing tax advice on matters pertaining to Cyprus tax law including liaising with the Cyprus tax authorities to obtain tax rulings for Cyprus companies and private individuals.
Our clients include Cyprus and international commercial and investment banks, leading international law firms, international leasing companies, multinational corporations and high net worth individuals. We assist them with all aspects of their cross-border transactions, ranging from setting up a tax effective corporate structure, to reorganizations, mergers and acquisitions. Our clients are engaged in diverse businesses and industries, including banking and financial services, venture capital, manufacturing, energy markets and real estate, among others.
About Cyprus: Cyprus’ geographical position and the tax incentives introduced by the Cyprus legislation have earned Cyprus an international reputation as an important international business centre. Cyprus’ entry into the EU in May 2004 has bolstered this reputation. Having been a UK colony till 1960, Cyprus follows the common law system of law. There are however significant differences between Cyprus law and UK law. In Cyprus for example, there is no distinction between Cyprus barristers and Cyprus solicitors and the term “Cyprus lawyer” includes both. Cyprus law was greatly influenced by the UK heritage and Cyprus legislation, including the Cyprus Companies Law and the Cyprus Contract Law are modeled on their UK counterparts.