Corporate, Business Formation and Property Law Firm in Cyprus

Michael Chambers & Co. LLC

25 Voukourestiou Street
Neptune House, 1st Floor, Suite 11
Limassol 3045
Cyprus

 +357 258 19966
 +357 258 19960

www.cypruslawfirm.com
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Law Firm Overview

At Michael Chambers & Co. LLC, the firm’s policy is to deliver expert legal services in an environment that encourages professionalism, confidence and trust.

We have built a strong reputation for providing progressive advice by anticipating and preparing for changing economic and business conditions. We serve a variety of clients including major multinational and national corporations, private businesses, governments and individuals.

The firm is highly sensitive to the importance of confidentiality and always acts with the highest professional standards. Our offices are equipped with the latest technology in order to meet the needs of our ever-growing commercial clients.

The firm has a wide network of legal contacts and associates in most countries of the world, thus enabling it to offer a full range of quality services.

Practice Areas

Practice Areas Description

Michael Chambers & Co. LLC provides legal representation and services in the following areas of practice:

- Corporate and Commercial

Cyprus offers one of the lowest tax regimes in Europe, with a wide network of double tax treaties with more than 40 countries including Austria, China, Denmark, Germany, Hungary, India, Russia, UK and USA and it is undoubtedly an attractive investment centre. Our firm’s goal is to assist in such investments and to work with a wide range of corporate and commercial clients all over the world. We have a great experience in this field and we have established a reputation for being well trained professionals who are eager to provide high quality services.

We often undertake amongst others projects the following:

. Company formation in Cyprus and other jurisdictions;
. Commercial contracts;
. Capital raising transactions;
. Assistance in banking services;
. Corporate Maintenance;
. Partnership Formation and Dissolution;
. Technology transfers and intellectual property rights.

- Banking and Finance

Undoubtedly banking law has a crucial role to play in the financial world. Our group of professionals in acting on behalf of both lenders and borrowers and it is in a position to provide excellent service in relation to banking and finance matters.

Some of the areas in which our firm is involved are:

. Financial restructuring;
. Security documentation;
. Finance leasing, indemnities and guarantees;
. Loan documentation;
. Project and corporate finance.

- E-Commerce

“Today’s increasingly connected world makes it possible for anyone to transact and do business anywhere — from anywhere.”

Michael Chambers firm provides advice on every aspect of trading online. Our internet legal expertise enables us to offer our clients high quality services in this field including: Cyprus investment firms – Forex company; Remote gaming; Online processing; and, Online hosting.

- International Tax Planning

On the 1st of January 2003 a new legislation came in effect in Cyprus aiming at the reforming of harmful tax practices and the harmonizing of the Cyprus laws with European Union directives. Following this reform, Cyprus is now considered a perfect location to invest in.

Michael Chambers firm is often asked to provide advice in the following issues regarding taxation: Mergers and acquisitions; Joint venture agreements; Strategic tax planning; and, Conducting tax litigation.

- Litigation and Arbitration

Our litigation department deals with a variety of general and commercial litigation. We have gained a great experience in relation to the representation of client in court and we have been involved in a great number of disputes. Our policy though is to protect our clients from the frustrating experience of court proceedings by making use, when possible, of the alternative to a formal court hearing which is the external dispute resolution.

- Real Estate

It is widely known fact that Cyprus is the ideal place for investment since it offers generous tax incentives with a wide network of double tax treaties, relatively inexpensive property prices, low crime rate, significant infrastructure and strategic location. It is for the above reasons that many investors turn to us in order to be provided with high quality legal consultation in relation to real estate matters. We find that we represent a group of professionals which have proven reputation in the real estate field and we can ensure our clients safety in their real estate transactions. In particular our real estate work includes: Purchase and lease agreements; Estate administration planning; Drafting the contract of sale; and, Wills, probate and re-sealings.

- Shipping and Admiralty

Michael Chambers firm aims to assist its clients, providing a range of services in relation to the shipping industry. Some of the services include: Purchase and management agreements; Formation of shipping companies; Supervision contracts for new build vessels; Deletion of registration; and, Enforcement of mortgages.

- Trade Marks and Intellectual Property

Cyprus became a member to The Office for Harmonization in the Internal Market (OHIM) for the registration and protection of Trade Marks and Industrial Designs within the European Community. Therefore our potential clients will be able to apply, following our guide and legal advice, for the registration and protection of their intellectual property rights.

Specifically intellectual property matters include: Registration of intellectual property; Assistance in tax related aspects; Franchising and licensing; Fair trade practices; and, Copyright.

- Trusts

Trusts in conjunction with Tax planning and business structure may result beneficial to wealthy individuals, their families or even entrepreneurs. Trusts have been created for different reasons such as, to reduce or minimize taxation, asset protection and alter the disposal of assets on the death of people. Cyprus international trusts have complete freedom from all exchange control provisions. They are also allowed to participate in local business and investment, provided that all income arising from such sources is taxed at normal tax rates.

Michael Chambers & Co Firm has the knowledge to guide its clients on various trust structures and on the different kinds of trusts that may be adopted.

Lawyers

Mr. Michael Chambers Founding Lawyer Constitutional Law, Corporate Law, European Community Law

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