Stelios Americanos & Co LLC is a full services, highly innovative law firm with headquarters based in Nicosia, Cyprus and a branch in Athens, Greece. It specializes in corporate, commercial and banking law, (focusing mainly on transboundary banking financing, joint ventures, mergers and acquisitions), corporate and commercial litigation, real estate, financial advisory & regulation and blockchain legal advisory.
The firm assembled a dynamic and reliable legal team working effectively and efficiently with cutting edge technology, establishing, thus, an enviable reputation for its effectiveness, competency and innovative practises.
Stelios Americanos & Co LLC provides its services to governmental and semi-governmental organizations, major international financial-banking institutions, public companies and multinational corporations, in matters related to international finance, and securitization, complex cross-border transactions including mergers and acquisitions, financial advisory, regulation, restructuring and litigation before courts or arbitral bodies.
Moreover Stelios Americanos & Co LLC has created close and long-lasting relationships with reputable international legal and consulting firms overseas and is, thus, able to assist clients with any aspect of their cross-border transactions and needs.
The firm is a member of several professional associations including: Cyprus Bar Association, International Bar Association, ITPA (International Tax Planning Association), STEP (Society of Trust and Estate Practitioners), IGAL, IR Global and Leaders in Law.
Today, Stelios Americanos & Co LLC is considered one of the leading law firms in Cyprus in the areas of its specialty.
Stelios Americanos & Co LLC advised the Israeli group Global Knafaim in a $5 million transaction pursuant to which the later acquired a 49,9% in the share capital of TUS AIRWAYS LTD, a Cypriot airline headquartered in Larnaca. Existing shareholder, Kenneth Woolley also invested an additional $4 million increasing the amount of the total transaction to $9 million.Read full article
The Government presented the new strategy for attracting skilled workforce and companies in Cyprus on Friday 15 October 2021. This new strategy is mainly focused on high technology, shipping, innovation, and research and development. The new strategy includes a series of incentives concerning residency, taxation, employment and simplification and digitization of the current procedures. The scheme will come into force on the 1st of January 2022.Read full article
Our Partner Dr. Charis Savvides delivered an intense seminar at Global Training (Cyprus), on Tuesday, 07 September 2021, at 09:00am. The seminar presented the current and under development regulatory framework on digital assets, addressing the key legislations and regulations which affect or be affected by the disruptive nature of crypto-transactions.Read full article
In late June, the Cyprus Securities Exchange Commission (the “CySEC”) issued its new directive on the prevention and suppression of money laundering activities, which specifically focuses on crypto-asset service providers (the “CASPs”) and their duty to register with the CySEC. According to the directive, the CySEC will maintain a public register which will record, inter alia, the name and legal form of such CASPs, the services they will be allowed to offer and their individual internet domains.Read full article
Pursuant to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Minister of Interior has decided to revise the current permanent residency programme (the “Programme”) to include additional investment criteria other than investment in real estate with the purpose of attracting foreign investors and their families to invest in Cyprus.Read full article
The film industry constitutes a complex and ever-flourishing sector in the global economy. The industry’s operation occupies multifaceted stages, engages a selection of distinct stakeholders and experts and presents plenty opportunities for all parties who choose to get involved. Committed to boosting this highly promising sector, the government of the Republic of Cyprus introduced a package of incentives, encouraging international producers to choose Cyprus as their next film destination.Read full article
Stelios Americanos & Co LLC has joined Dentons New York in assisting Zubr Capital and the European Bank for Reconstruction and Development (EBRD) in a multimillion transaction in relation with their exit from the investment in Enterprise Agile Planning company Targetprocess, following its purchase by Apptio, a leading provider of technology business management solutions.Read full article
The Cyprus Investment Program seemed problematic from the beginning and even the amendments could not save and protect the abuse of the Program. The Cyprus Government decided to terminate the Program with final submission date the 30th of October 2020 after amending the Law regulating the Citizenship by Investment Program. The new policy of the Government let to many rejections of new applications and initiated many revocation procedure for investors who had already received the Cypriot passport.Read full article
The law firms of STELIOS AMERICANOS & CO LLC and CH.P. SAVVIDES & ASSOCIATES LLC with great pleasure announce that they have merged. The law firm Stelios Americanos and Co LLC (the “Law Firm”) now incorporates by way of merger the law firm Ch. P. Savvides & Associates LLC and, as a result, the partners, lawyers and employees of Ch. P. Savvides & Associates LLC have become partners, lawyers and employees of Stelios Americanos and Co LLC and have moved to the Law Firm’s Nicosia offices.Read full article
We are happy to announce our joining of "IR Global” www.irglobal.com which consists of the world’s legal, accountancy and financial advisers. IR Global is the fastest growing professional service firm network in the world; Providing legal, accountancy and financial advice to companies and individuals across 150 jurisdictions. Our Firm’s exclusive area of expertise within IR Global is dispute resolution and arbitration for Cyprus.Read full article
The firm was represented by Len Judes who spoke about and presented the Cyprus Citizenship and Permanent Residency by investment programs. Len was also interviewed by the Media with respect to the advantages of Cyprus as an international business Hub and also specifically with regards to Cypriot Citizenship and Permeant Residency.Read full article
Len Judes represented our Firm at the 3rd Hadera Energy Conference 2016. The annual Conference was held on the 4th & 5th of April, 2016 in Tel-Aviv and attracted senior industry leaders, Government, policy makers and Industry leaders from Israel, Cyprus, Greece, Jordan, Egypt and beyond, as well as businessmen, investors and professionals from the Region, Europe and the US. The Conference featured regional economic, security and technological developments and covered a wide range of issues concerning energy and energy security while emphasizing innovation and technological entrepreneurship in the field. The exhibition part included a display of Israeli and International energy companies alongside startup companies.Read full article
The portfolio comprised of 36 logistics sites with approx. one million square metres of rental space in Germany (24 sites), Hungary (five sites) Romania (three sites), Poland (two sites) as well as in Slovakia and Russia (one site each). The portfolio also included in three projects still in progress with an additional rental space of approx. 65,000 square metres, on in Germany and two in Romania. The value of the portfolio amounted to approx. Euro 536 million in total.Read full article
On Wednesday , 5th November 2014, the European Court of Justice has rejected applications submitted by Cypriot citizens and an insurance fund, which requested the annulment of the political decision of Eurogroup on Cyprus (25th March 2013) which included a ‘haircut’ on uninsured bank deposits held with Cyprus Banks.Read full article
The Department of Registrar of Companies and Official Receiver announced, that as from 29 September 2014 the procedure for deregistering companies will commence under section 327 of the Companies Law Cap 113 by sending reminding letters to all companies that did not file the annual returns due with the corresponding financial statements.Read full article
Cap. 113, Cyprus Companies Law, provides that every private company must have at least one director and every public company must have at least two directors (s.170). There must also be a company secretary who cannot be the same person as a sole director (s.171) except in the case of a private company where the sole shareholder can be the sole director and also the secretary.Read full article
The Registrar of Companies and Official Receiver (the “ROC”) has issued a directive on 27th May 2014, ringing the bell to all Cyprus registered companies as to their obligation according to the Companies Law Cap.113 to submit Annual Returns (HE32 forms) accompanied by Financial Statements. Annual Returns not accompanied by the Financial Statements will be considered, by the ROC as not filed and will be rejected.Read full article
We are pleased to announce the appointment of 2 new lawyers in our legal team, Mr George Andreou and Ms Panayiota Georgiou. We would like to welcome the new additions and wish them to achieve ours, and more importantly our client’s aims with integrity, personal commitment, dedication and professionalism.Read full article
Stelios Americanos & Co LLC: The Cyprus Regulatory Sandbox
Stelios Americanos & Co LLC: Digitalization in Cyprus
Stelios Americanos & Co LLC: Crypto-Asset Service Providers CySEC’s June directive
Stelios Americanos & Co LLC: The Film Industry in Cyprus
Stelios Americanos & Co LLC: Competition Law the Acceleration of Trade Digitalization