Issue 4 2019

Acquisition International - Issue 4 2019 15 Antonis Frangos LLC was recently awarded Leading Corporate and Commercial Law Adviser of the Year, Cyprus for 2018. ecognised as an established financial and business centre, Cyprus is considered as an ideal location for investment. Its jurisdiction is widely used for holding, trading, investment, funds and intellectual property corporate structures and generally used as a gateway for routing investments anywhere in the world. The Republic of Cyprus is a member of the European Union and the Eurozone, strategically situated east of the EU. Cyprus law has been harmonised with EU legislation and along with its tax supporting system and network of double tax treaties, has become a business centre with extensive Foreign Direct Investments (FDI). The Cyprus legal system is founded on English law, and is therefore familiar to most international financiers. Cyprus offers excellent organisation facilities, educated workforce and services. Tourism and financial services account for a significant part of the GDP of the country. Cyprus’ geographic al position at the crossroads of three continents and its proximity to the Suez Canal has promoted merchant shipping as an important industry for the nation. The country’s shipping industry is highly ranked amongst its EU counterparts and is considered to have the EU approved tonnage tax. Restrictions on foreign direct investment have been removed, permitting 100% foreign ownership in many cases. Foreign portfolio investment in the Cyprus Stock Exchange was liberalised. Foreign investors have the opportunity to invest and establish a business on an equal footing with local investors. Antonis Frangos LLC is a Cyprus-based law firm offering a range of services to organisations and the general public. The firm offers clients specific advice and aim to implement decisions on precise terms of engagement for professional services. It executes an advisory discipline that encompasses the legal, regulatory, financial and tax dimensions of case enquiries. With services including court litigation, out of court consultation and services and legal opinions, Antonis Frangos LLC keeps up to date European and international legal developments and can represent client needs domestically and internationally. The lawyers at the firm are members of the Cyprus Bar Association, with experience in First Instance and Supreme Court jurisdictions. Aiming to pursue high standards of professional assistance to our respected network of domestic and international clients, Antonis Frangos LLC approaches enquiries and requests in an efficient and fast-track procedure to ensure that service is provided in a time efficient and professional. Crossing International Waters Client requests are often approached from on different angles, ensuring that regulatory, procedural, governmental and tax issues are dealt with on commencement of implementation. The legal, accounting and financial teams at Antonis Frangos LLC guarantee that assistance is in full competence with all aspects of legal obligations as well as state and international requirements. Antonis Frangos is managing director of Antonis Frangos LLC. He is experienced in corporate and litigation work and has had appearances in the District Courts of Cyprus. He has been involved in cases in the Supreme Court of Cyprus in both its first instance and insurance disputes. As a corporate and commercial advisor, Antonis has been offering fiduciary, banking and corporate litigation services. He has been a visiting lecturer in MKC City College Larnaca, for Business & Commercial Law and a legal advisor to AEK Larnaca FC, and he is also a registered mediator and insolvency partner. “With services including court litigation, out of court consultation and services and legal opinions, Antonis Frangos LLC keeps up to date European and international legal developments and can represent client needs domestically and internationally.” R 1807AI07