Cyprus Office

Nicosia, Cyprus

The Aliant office in Cyprus is a leading law firm based in Nicosia, with a global reach throughout the world.

The team, led by Socrates Parparinos, includes more than 20 professionals who are committed to providing clients with the quality advice and representation they need to succeed in today’s world.

Cyprus Office

Nicosia, Cyprus

The Aliant office in Cyprus is a leading law firm based in Nicosia, with a global reach throughout the world.

The team, led by Socrates Parparinos, includes more than 20 professionals who are committed to providing clients with the quality advice and representation they need to succeed in today’s world.

Office Information

2 Diagorou Street
ERA HOUSE, 11th Floor
P.C. 1097
Nicosia, Cyprus

Languages Spoken

English, Greek, Russian, Mandarin

Managing Partner(s)

Aliant Cyprus is a leading law firm based in Nicosia, with a global reach throughout the world. The team, led by Socrates Parparinos, includes more than 20 professionals who are committed to providing our clients with the quality advice and representation they need to succeed in today’s world.

The firm has a substantial transactional and corporate practice and operates on a departmental basis to provide services regarding legal, financial and taxation issues in a variety of industries including commercial, e-commerce, corporate, tax planning, asset protection, banking, forex, real estate, construction, immigration, education, shipping, tourism and leisure.

Whether you are a national or multinational corporation, a financial institution, a governmental organization, or an individual, one thing remains the same—our team’s dedication to cultivating long-term relationships with clients through a deep understanding of their needs.

Aliant Cyprus draws upon a set of values and principles that make up the underlying foundations of our approach: integrity, confidentiality, comprehensiveness, promptness, specialization, teamwork, excellence and investment in knowledge. This is who we are, this is what we do, this is what we promise to our clients.

Banking & Finance
Business Law
Commercial Agreements
Data Protection & Cyber Law
Intellectual Property
Mergers & Acquisitions
Private Wealth Management & Estate Planning
Real Estate Law

The Republic of Cyprus is the third largest and third most-populated island in the Eastern Mediterranean. It is located south of the coast of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt, and east of Greece. Its location at the crossroads of three continental zones act as a vital gateway to Europe, the Middle East, Africa and Asia.

While Cyprus has a population of 1.7 million people, over 2 million tourists visit the island each year to experience this “jewel of the Mediterranean,” which boasts pristine beaches, cuisine, climate, history, and the comforts of modern technologies.

Cyprus joined the EU in 2004 and the Eurozone in 2008, giving the country a greater competitive advantage. This, in addition to its attractive tax system, legal system, the infrastructure on the island, and high quality of life it has to offer are just a few reasons why Cyprus remains a popular option for international business. International corporations with substance in Cyprus can have access to more than 2,3 billion consumers within a 4 hours flight!

TAXATION

  • 65 Double Tax Treaties
  • 12,5 % Corporate Tax
  • OECD compliant
  • 0% Tax on Dividends
  • No withholding tax on dividends, interest and royalties paid from Cyprus
  • 50% of income from interest derived by a Cypriot registered company is exempt from corporate tax
  • Profits realised from the sale of securities are exempt from tax.
  • Benefit of the EU parent-subsidiary directive
  • Any profits arising on the transfer of assets and liabilities between companies during a reorganisation plan are tax free.
  • There are no inheritance, estate or other taxes on shares held in a Cyprus company
  • Cyprus imposes no taxes on wealth

With one of the lowest EU corporate tax rates at 12.5%, the tax system in Cyprus is one of the most attractive regimes in all of Europe. Its system is progressive, meaning that tax rates are higher based on income. Cyprus’s association to the OECD guarantees its adherence to the internationally agreed tax standards. Significant fiscal benefits exist for IP, royalties, dividends and interests and many more, all of which allow foreign investors to gain a competitive advantage on their overseas ventures.

Firm Overview

Aliant Cyprus is a leading law firm based in Nicosia, with a global reach throughout the world. The team, led by Socrates Parparinos, includes more than 20 professionals who are committed to providing our clients with the quality advice and representation they need to succeed in today’s world.

The firm has a substantial transactional and corporate practice and operates on a departmental basis to provide services regarding legal, financial and taxation issues in a variety of industries including commercial, e-commerce, corporate, tax planning, asset protection, banking, forex, real estate, construction, immigration, education, shipping, tourism and leisure.

Whether you are a national or multinational corporation, a financial institution, a governmental organization, or an individual, one thing remains the same—our team’s dedication to cultivating long-term relationships with clients through a deep understanding of their needs.

Aliant Cyprus draws upon a set of values and principles that make up the underlying foundations of our approach: integrity, confidentiality, comprehensiveness, promptness, specialization, teamwork, excellence and investment in knowledge. This is who we are, this is what we do, this is what we promise to our clients.

Services Profile

Banking & Finance
Business Law
Commercial Agreements
Data Protection & Cyber Law
Intellectual Property
Mergers & Acquisitions
Private Wealth Management & Estate Planning
Real Estate Law

About Cyprus

The Republic of Cyprus is the third largest and third most-populated island in the Eastern Mediterranean. It is located south of the coast of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt, and east of Greece. Its location at the crossroads of three continental zones act as a vital gateway to Europe, the Middle East, Africa and Asia.

While Cyprus has a population of 1.7 million people, over 2 million tourists visit the island each year to experience this “jewel of the Mediterranean,” which boasts pristine beaches, cuisine, climate, history, and the comforts of modern technologies.

Cyprus joined the EU in 2004 and the Eurozone in 2008, giving the country a greater competitive advantage. This, in addition to its attractive tax system, legal system, the infrastructure on the island, and high quality of life it has to offer are just a few reasons why Cyprus remains a popular option for international business. International corporations with substance in Cyprus can have access to more than 2,3 billion consumers within a 4 hours flight!

TAXATION

  • 65 Double Tax Treaties
  • 12,5 % Corporate Tax
  • OECD compliant
  • 0% Tax on Dividends
  • No withholding tax on dividends, interest and royalties paid from Cyprus
  • 50% of income from interest derived by a Cypriot registered company is exempt from corporate tax
  • Profits realised from the sale of securities are exempt from tax.
  • Benefit of the EU parent-subsidiary directive
  • Any profits arising on the transfer of assets and liabilities between companies during a reorganisation plan are tax free.
  • There are no inheritance, estate or other taxes on shares held in a Cyprus company
  • Cyprus imposes no taxes on wealth

With one of the lowest EU corporate tax rates at 12.5%, the tax system in Cyprus is one of the most attractive regimes in all of Europe. Its system is progressive, meaning that tax rates are higher based on income. Cyprus’s association to the OECD guarantees its adherence to the internationally agreed tax standards. Significant fiscal benefits exist for IP, royalties, dividends and interests and many more, all of which allow foreign investors to gain a competitive advantage on their overseas ventures.

Aliant® Cyprus Attorneys

Dora Omirou

Dora Omirou

Cyprus

Administrative, Business Law, Corporate Restructuring, Corporate Transactions, Mergers & Acquisitions

 

Elena Skitsa

Elena Skitsa

Cyprus

Administrative, Banking & Finance, Bankruptcy & Insolvency, Civil Law & Civil Asset Recovery, Commercial Agreements, Employment & Labor, Litigation, Private Wealth Management & Estate Planning, Real Estate LawMore

Fani Ioannou

Fani Ioannou

Cyprus

Administrative, Banking & Finance, Bankruptcy & Insolvency, Business Law, Civil Law & Civil Asset Recovery, Employment & Labor, Litigation

 

Socrates Parparinos

Socrates Parparinos

Cyprus

Banking & Finance, Business Law, Commercial Agreements, Corporate Restructuring, Corporate Transactions, Immigration, International Investments, Intellectual Property, Joint Ventures, Mergers & Acquisitions, Private Wealth Management & Estate PlanningMore