The Firm PROVEN RECORD OF SUCCESS
Christodoulos G. Vassiliades established his law practice, Christodoulos G. Vassiliades & Co., in 1984 in Nicosia, Cyprus. The Firm, subsequently named Christodoulos G. Vassiliades & Co. LLC, swiftly developed a reputation of excellence and diligence in all legal and business matters – a reputation cultivated and maintained to the present day. The Firm, internationally acknowledged as one of the leading law firms on the island, is viewed as a pioneer in the concept of offering comprehensive services to all of its clients. Christodoulos G. Vassiliades & Co. LLC is a firm comprised of advocates and legal consultants with indepth expertise in both domestic and international law. Our team advises corporate and private clients in the fields of Corporate Law, Commercial Law, Trusts, Mergers and Acquisitions and Intellectual Property. Beyond the legal services offered, the Firm also provides a full range of corporate administration and trust services through affiliated management and trust companies. Christodoulos G. Vassiliades & Co. LLC offers the diverse professional skills of over 150 employees including qualified lawyers, legal and tax consultants, corporate administrators, paralegals, accountants, and auditors, all dedicated to the provision of timely viable and comprehensive solutions for all its clients. The Firm recognises that each client’s legal or commercial needs vary and that there is no template or fixed solution to their business demands. For this reason, Christodoulos G. Vassiliades & Co. LLC sets uniformly high standards of personalised advice, aimed at meeting the individual needs of its diverse client base.
OUR MISSIONS STATEMENT TO PURSUE EXCELLENCE IN EVERYTHING WE DO
Creative and Timely Solutions Tailored to Meet Client Needs Building and Maintaining Trusted Client Relationships Comprehensive Service Package Formulated to Address Legal, Accounting, and Tax Requirements
OUR VISION TO ASCEND TO GREATER HEIGHTS
Global Expansion Streamlined Approach Long-Lasting Relationships with every Client
Our Competitive Advantage
Commitment to Clients Personalised Approach Focused, Innovative and High Quality Service Confidentiality Thorough Industry Knowledge Ιnternational Perspective
Banking & Private Clients A GLOBAL NETWORK OF COOPERATION
Our Firm’s finance lawyers possess a broad spectrum of experience in the area of Banking Law whether it relates to domestic or international transactions. We regularly advise financial institutions, including major national and international banks, on significant legal and regulatory matters. In addition, our team advises on loan and security transactions, provides legal opinions to banks on issues relating to a company’s standing and assists with the refinancing of company debt. It also offers advice to commercial lenders, banks and borrowers on issues relating to capital and debt structuring. Our services include the opening and maintenance of domestic and international bank accounts for physical and corporate persons. We are experienced in all types of capital market transactions including various kinds of debt instruments (e.g. exchangeable bonds, notes, options and other derivatives), we advise on the legal aspects of banking transactions and undertake the preparation and review of all required due diligence documentation. Our wide-ranging international experience in structuring and managing client assets, ensures that we effectively fulfil all our clients’ financial requirements.
Corporate TRAILBLAZING A PATH TO SUCCESS
Extensive experience in this significant area of the law enables us to advise clients on any corporate issue on short notice. A long standing corporate practice of the Firm has been the establishment and administration of companies, the formation of trusts and foundations, as well as the provision of legal and advisory services in all matters relating to company law. Our Firm’s corporate practice enjoys an international reputation. We are regularly instructed to deal with the incorporation and maintenance of companies, branches, representative offices and associations in several jurisdictions. Through our global network of affiliated offices, we are able to provide a comprehensive range of corporate administration services, including the provision of nominee services, secretarial services and registered office services. Our Firm prides itself in providing accurate and succinct advice with regards to the setting up of organisational structures, tailored to meet the specific requirements of each client. We are equipped to provide shelf companies incorporated in a number of international jurisdictions including Belize, British Virgin Islands, Seychelles, Panama and Malta.
Contractual Drafting THE ART OF CLARITY
With an eye on achieving our client’s commercial objectives and improving commercial awareness, we place great emphasis on contractual drafting. Our services include the provision of advice on all contractual matters and the drafting of clear and un-ambiguous contracts – contract design, assessment, and the negotiation of contracts, including share purchase agreements, shareholders’ agreements, agency and distributorship agreements, co-operation agreements, confidentiality agreements, employment contracts, construction contracts, sports agreements, finance agreements and security agreements. Additionally, we pride ourselves with considerable expertise in the area of international contracts and offer advice on issues relating to jurisdiction, legal governance and conflict of laws. Our team is comprised of specialists who possess the necessary skills and resources to provide the highest level of service, on a broad range of complex contractual cases.
EU & Competition Law DEMARCATING THE LIMITS OF FAIR PLAY
Our EU and Competition Law team is comprised of lawyers with specialist training in European Union law, including EU Competition Law, as well as professional experience gained through prior work with the Cyprus Competition Commission (CPC). Consequently, they are in the position to offer sound, efficient and practical advice in this complex area of law, with an objective to safeguard both the rights and the business of the client in the market place. Moreover, with a view to assist clients who wish to ensure compliance with the law and act proactively, our team is equipped to conduct antitrust audits and provide tailor-made compliance training and seminars. In addition, we represent clients, either as complainants or defendants, before the CPC, or the competent courts of the Republic of Cyprus (administrative recourse before the Supreme Court of Cyprus, civil litigation in the District Courts), in order to assert and/or defend their rights in antitrust cases (anti-competitive agreements and concerted practices, as well as abuse of dominance cases). Lastly, we provide counsel on issues relating to pre-merger notifications, mergers’ clearance, and the drafting and submission of merger notifications. In the closely related field of state aid, the team offers competent advice on the applicable state aid rules (both EU and national), and submits notifications for clearance of measures/schemes to the Cyprus State Aid Commissioner
Financial Services SATISFYING THE NICHE MARKET
The inauguration of the Cyprus Stock Exchange (“CySec”) in 1996, coupled with the island’s geographically distinctive proximity to both Europe and the Middle East, has allowed Cyprus to become a destination of choice for international investors wanting a business hub towards the European and Middle East markets. We have a dynamic team of financial specialists who are fully-equipped to pragmatically and comprehensively deal with any complex legal issue that arise within this niche area of business. Focus is placed on offering guidance and advice on licensing matters arising from the financial parameters laid out by CySec. Our Firm offers legal advice on the establishment of Cyprus Investment Firms (CIFs), and assistance with undertaking collective investment in transferable securities (UCITS), especially on issues relating to compliance with public offerings, including the drafting of the obligatory prospectus required by CySec. Our strong commitment to providing reputable financial services advice to a broad range of clients ensures that the most effective and efficient counsel is always on offer.
Intellectual Property VANGUARDS OF CREATIVITY
Our considerable experience in trademark protection enables us to provide swift and emergency action for the protection, maintenance and enforcement of the Intellectual Property rights of clients. Our Firm’s expertise extends to all types of Intellectual Property rights and in particular to patents, trademarks, copyright, design and domain names. Services include, but are not limited to, trademark registration, legal protection of Intellectual Property rights, strategy planning, management of contracts and licences. Our clients range from up-and-coming entrepreneurs seeking to protect a product they have begun to market domestically in Cyprus, to well established owners of brand names seeking to safeguard and maintain their trademarks in the EU, as well as internationally. Out Intellectual Property team, made up of leading specialists, not only provides comprehensive advice to clients but also represents clients in court and arbitration proceedings
Mergers & ǹFTXLVLWLRQV ENSURING A SMOOTH TRANSITION
We regularly advise our clients on merger and acquisition matters, as well as joint venture issues, both domestic and cross-border. Our experience allows us to accurately evaluate a potential acquisition and provide thorough transactional assistance from the planning and negotiating phase through to the period of integration. The goal of our team is to provide succinct and practical advice on the various complicated issues that surround the entire mergers and acquisitions process, including matters relating to synergy evaluation, integration planning and due diligence. When structuring the operations of our clients, one of our priorities rests on the management of corporate taxes for each jurisdiction applicable to the specific project. In light of the recent sharp increase in mergers and acquisitions activities related to the ever-changing economic landscape, we remain fully committed to addressing the demands of our growing client base.
Real Estate RELIABLE GUIDANCE
The central role of our real estate team is to support and guide our clients through each step of the property buying process. From the precision drafting of the initial contract of sale, to seamlessly facilitating the approval process with the local Land Registry, we are well versed in offering the appropriate guidance and representation before local regulatory bodies, as well as advising on the relevant tax consequences for each property transaction. Our Firm’s specialists are particularly knowledgeable in navigating the real estate market on behalf of foreign nationals who seek to purchase property in Cyprus, thereby simplifying the entire transaction process whenever possible.
Shipping Law EFFICIENCY IN MOTION
We are actively involved in the field of Shipping Law, offering a full range of legal services to ship owners, charterers, ship managers and ship financing institutions. We advise our clients on matters relating to the sale and / or purchase of vessels, ship registration, charter agreements, ship financing and registration of mortgages. The majority of ship registrations are under the flags of Cyprus and Belize. Mr. Christodoulos G. Vassiliades, Managing Director of Christodoulos G. Vassiliades & Co. LLC and Ms. Louisa Massonidou, Deputy Managing Director of Christodoulos G. Vassiliades & Co. LLC, have been appointed by the Belize International Services Commission as Deputy Registrars of the International Merchant Marine Registry of Belize (IMMARBE) in Cyprus and in Greece. In part due to the distinguished appointments of our Firm’s senior management and in part due to the international contacts which we have developed over the years, we pride ourselves being in a unique position by serving our shipping clients in the fastest and most efficient manner. We are committed to providing high quality service, in the field of Shipping Law, while at the same time promoting the business interests of our clients.
Tax / International Tax Planning STRUCTURING VIABLE SOLUTIONS
Our Firm excels in the provision of high quality international tax planning advice, offering our clients alternative tax structure options, including the formation of a Cyprus Company or a Cyprus International Trust or Foundation. Bolstered by an impressive network of 47 double tax treaties and nurtured within one of the most business-friendly legislative frameworks, Cyprus has developed into an ideal base for international corporate investment. As a result, we have extensive expertise in all matters relating to direct and indirect taxation, including corporate tax, income tax, property tax, trusts, public sector and charities, international tax, capital projects and finance. Beyond the provision of tax advice, we also represent clients in all types of tax litigation matters before the Cyprus Courts. As a result, the tax team has steadily developed significant expertise in efficiently and effectively addressing the demands of a constantly growing client base
Trusts & Estates
One of our Firm’s principal departments deals with the management and administration of estates and
trusts. Since the enactment of the International Trusts Law 1992 (as amended), the Island has recorded a
sharp growth in trust formation. In consideration of the vast financial opportunities available to our clients,
especially with regards to international tax planning, we have succeeded in providing personalised
solutions for our clients through the creation of a Cyprus International Trust.
We regularly provide innovative and relevant solutions for clients through the structuring and preparation
of wills, trust deeds and agreements, international tax planning, incorporation of trusts within a
corporate structure and family partnerships.
Moreover, out team of experts handles all types of real property transactions, both commercial and residential,
and provide advice on all aspects of Property Law. Services include the negotiation and drafting
of commercial leases, building development agreements and construction contracts, as well as the
provision of advice to private individuals, property owners, investors, lenders, developers, contractors
and property- owning institutions, on issues relating to acquisitions, landlord and tenant disputes and
mortgage financial matters.
SEEKING EQUITY IN AGREEMENT
Our Firms broad experience also extends to the increasingly important sector of Employment Law, enabling
us to negotiate Labour Law disputes in the most efficient way possible.
Services offered include the provision of advice to employers in all aspects of acquisition and restructuring
situations, the drafting of employment contracts and acquisition agreements, as well as consultancy
in financial matters and negotiations. Our clients benefit from assistance in matters relating to social
protection, worker protection, occupational safety and health issues.
In a constantly developing legal arena the valuable experience of our Employment Law specialists
allows us to effectively deal with all employment matters which may arise, both on a national level, as
well as on an European level.
STANDING STRONG BY YOUR SIDE
With a keen focus on the clients’ needs, we offer the services of skilled and effective counsel in national and
international litigation matters. Our approach to dispute resolution is client-focused. Our team’s principal
priority is to avoid costly and lengthy litigation and to resolve disputes through mediation whenever possible.
In particular, we are experienced in international commercial litigation and procedural issues, especially
in matters relating to international civil litigation and arbitration, including service of foreign legal
documents in Cyprus, and local enforcement of foreign judgments or arbitral awards.
Our practice also encompasses matters relating to probates, wills and estates, real estate, debt recovery,
banking and shipping disputes, labour, and family relations. In addition, we regularly advise
clients on a variety of insurance litigation matters, ranging from standard insurance litigation claims
to complex disputes.
Our Litigation team is also well-versed in matters relating to trademark disputes, unfair business
practice and taxation cases.
A FRONTRUNNER IN EXPERTISE
Recognised as one of the pioneers in the area of Sports Law, we place particular emphasis on groundbreaking
cases before the Court of Arbitration for Sport and the European Court of Justice.
We have represented many high profile sporting personalities, clubs and governing bodies before the
Court of Arbitration for Sport in Switzerland and FIFA’s Committee on the Status and Transfer of Play
ers, on issues relating to doping, player contracts, FIFA’s regulatory framework, employment matters,
disciplinary penalties and players’ transfers.
Our Firm is also registered with the Football Association in England and is licensed to assist in the transfer
We are highly experienced in advising and meeting the demands of both European and third country
nationals in migration cases.
With great accessibility to the rest of the EU, excellent infrastructure and numerous governmental
incentives, Cyprus is an ideal financial and business centre which makes the acquisition of Cyprus
citizenship a priority to foreign nationals.
We provide a wide range of migration services including securing employment permits and residence
permits based on the acquisition of immovable property, as well as obtaining Cyprus citizenship.
In particular, our migration specialists are well-equipped to facilitate the obtaining of (i) Cyprus
citizenship by exception, explicitly directed towards entrepreneurs with significant value of assets and
investments in Cyprus; (ii) permanent residence( category F), including the new and accelerated procedure
to be applied in cases where third country nationals intend on investing in the island’s property
market; (iii) long-term residence permits; and (iv) employment permits for executive directors and
National & International
Christodoulos G. Vassiliades & Co. LLC is a member of several prestigious legal networks.
Through our membership with these professional organisations we are able to call on the expertise of
financial and legal specialists worldwide, to tailor our services to meet specific client needs.
We are seamlessly inter-connected on a global level with a number of affiliated offices.
Further, we have local personnel in Athens, Moscow, BVI, Budapest, Seychelles, Belize and Malta. Maintaining
the same high service standard as our Cyprus offices, these liaison offices are available to provide
immediate, on-the-ground support to clients across the world.
15 Agiou Pavlou Street,
Tel: + 357 22 55 66 77
Fax: + 357 22 55 66 88
63 Vasilissis Sofias Avenue,
Tel: +30 210 72 55 213
Fax: +30 210 72 55 374
Szinyei Merse u. 13, A-326,
Szinyei Merse Haz
Tel: +36 1878 1231
Fax: +36 1878 1236
Unit 6, Stevenson Delhomme Suites,
Le Chantier, Mont Fleuri, P.O. Box 662, Victoria, Mahe,
Tel: + 248 4323442
Fax: + 248 4324264
LEDRA ALASIA HOUSE
33 Alasias Street,
Tel.: + 357 25 878 797
Fax: + 357 25 878 525
Marina Towers, Suite 303,
Kutuzovskiy Prospect, 7/4, bld.1,
Entrance 5, Floor 7, Office 186,
Tel: +7 495 974 8144
Fax: +7 499 243 0286
83, Market St,
Tel: + 356 212 241 85
Fax: + 356 212 242 42
In 1965 a Cypriot diver, Andreas Kariolou, accidentally discovered in the depths of the sea
outside of the town of Kyrenia (in Cyprus) the trails of a unique relic of antiquity, a ship that
later became known as the “Kyrenia Ship”.
The Kyrenia Ship was built in the early 4th century B.C. and sank approximately between
300 B.C. The importance of the Kyrenia Ship is significant, as it is the oldest Greek vessel ever
discovered and the most-preserved ship of the Classical period of Greek civilization ever
found to date. It is important to note that 75% of the ship, which measures 14,75 meters in
length, has been preserved as it was safeguarded under a protective layer of sand. Amongst
the cargo recovered were 400 amphorae used for wine carrying and for the storage of almonds.
Furthermore, a number of querns were found (possibly being carried as ballasts) as well as
The hauling up procedure of the ship and all of its findings began in 1967 and continued
for 5 years thereafter. The necessary repairs were made and since then, the ship and its findings
have been displayed at the Castle of Kyrenia which is presently occupied by Turkey.