Andreas Danos Law Firm

10/02/2025

European Union Law

Cyprus, as a member of the European Union is directly affected by the regulations that concern the internal market. Commerce between European countries is on the rise and so are the transactions between Greek and other European-based companies.

At Andreas Danos Law Firm, we recognize the significance of staying abreast of European Commercial Law to effectively serve our clients. Our seasoned legal experts specialize in a plethora of issues arising from European regulations, ensuring our clients can navigate the complex legal landscape with confidence.

Our firm offers a comprehensive suite of legal services tailored to address the diverse needs of our clients within the realm of European Law.

We provide expert legal counsel to both individuals and entities on a wide array of issues pertaining to European Law and Competition Law. Whether it’s navigating regulatory compliance or addressing legal disputes, our team is dedicated to offering sound advice and practical solutions.

With environmental concerns becoming increasingly prominent on the European agenda, our firm offers specialized services to manage environmental matters from a European Law perspective. We assist clients in navigating regulatory requirements, compliance obligations, and environmental litigation.

Our skilled attorneys are adept at representing clients before independent authorities, European Union Courts, and Bodies. From advocating for our clients’ interests to defending their rights, we provide robust representation at every stage of legal proceedings.

In an ever-globalizing world, international disputes are not uncommon. Our firm specializes in international arbitration, offering alternative dispute resolution mechanisms to resolve cross-border conflicts efficiently and effectively.

We offer strategic counsel and assistance in navigating complex issues related to state aid, international trade regulations, and international transactions. Our goal is to facilitate seamless cross-border transactions while ensuring compliance with relevant laws and regulations.

Crafting and negotiating international contracts requires meticulous attention to detail and a nuanced understanding of international law. Our legal team assists clients in drafting, reviewing, and negotiating international contracts to safeguard their interests and mitigate legal risks.

At Andreas Danos Law Firm, we understand that legal challenges should never hinder business growth. Our dedicated team is committed to providing personalized legal solutions that enable our clients to focus on expanding their business activities with confidence, knowing that their legal concerns are in capable hands.

27/01/2025

Hong Kong Company Formation

Andreas Danos Law Firm offer hassle free professional Hong Kong company incorporation services. Hong Kong is located in the South China Sea 100 miles south east of Guanzhou (formerly known as Canton). The population of Hong Kong is currently 6.3 million made up principally of people of Chinese origin and is one of the most densely populated areas in the world. The Hong Kong Companies Ordinance has many similarities to the British Companies Acts.

Find more informations in our website

Andreas Danos Law Firm offer hassle free professional Hong Kong company incorporation services. Hong Kong is located in the South China Sea 100 miles south east of Guanzhou (formerly known as Canton). The population of Hong Kong is currently 6.3 million made up principally of people of Chinese origi...

17/01/2025

CAYMAN ISLANDS COMPANY REGISTRATION

https://www.danoslawfirm.com/cayman-islands-company-registration/

Cayman Islands Company Registration presents an enticing proposition for businesses worldwide. With a streamlined process requiring just one director and shareholder – it could be the same individual – it offers unparalleled flexibility. Moreover, the jurisdiction’s commitment to confidentiality ensures privacy for stakeholders, with disclosure available for a fee.

Renowned as a global financial hub, the Cayman Islands leads in banking, hedge funds, insurance, and structured finance. Its tax-neutral status, combined with a robust legal framework rooted in English common law, attracts investors seeking integrity and stability.

Supported by a collaborative partnership between government and private sectors, the Cayman Islands fosters a business-friendly environment while upholding regulatory standards. This synergy ensures a professional infrastructure responsive to local and international market needs.

Benefiting from a long-standing history of political and economic stability, the Cayman Islands remains a beacon for those seeking reliable company registration. In essence, it’s a jurisdiction that empowers businesses to thrive in a secure and dynamic global landscape.

Our Cyprus lawyers will guide you through all the registration steps, so don’t hesitate to contact us.

Cayman Islands Company Registration presents an enticing proposition for businesses worldwide. With a streamlined process requiring just one director and shareh

10/01/2025

CHINA TRADEMARK REGISTRATION

https://www.danoslawfirm.com/offshore-company/jurisdictions/china-company-formation/ -id-3

A registered trademark means protection in China by Trademark Law of the People’s Republic of China. In general, a registered trademark is valid for 10-years but may be extended .

Application Procedures
Define the items and class(es) to be registered
Trademark Search: Depending on the trademark, it can be a name (in Chinese or English) or logo. Andreas Danos Law Firm’s partner can check if there are any existing or identical marks
Preparation of application documents
Application submission
Turn-around time
The Trademark Office will issue “notification” 30 days after the application submission
The trademark office will enter into the pre-approval process, on average, it takes 15-18 months
The Trademark Office will publish the trademark on the Trademark announcement upon the pre-approval process
The announcement will take 3 months and if there is no objection from public, the Trademark Office will issue the “Trademark Certificate” in a month’s time
On average, the application process takes 18-24 months
Documents to be submitted
Power of Attorney
Trademark Application Form
Statutory Document:
a) If the applicant is a corporation: one copy of the Business registration certificate
b) If the applicant is an individual: copy of the ID or passport
Trademark reproduction (size should be larger than 5cm but smaller than 10 cm):
a) For colored trademark: 1 copy in color and 2 copies in black & white
b) For black & white trademark: 1 copy in black & write
For pharmaceutical products for humans: the certificate issued by the Health Administration Department of the product
Application Documents should be signed by the applicant with a company stamp
Tariff
Trademark search fee per item per class: US$100
Trademark registration fee per item per class: US$650 (including government levies and disbursement)

China, (People’s Republic of China), is situated in eastern Asia, bounded by the Pacific in the east. The third largest country in the world, next to Canada and Russia, it has an area of 9.6 million square kilometers, or one-fifteenth of the world’s land mass.

30/12/2024

https://www.danoslawfirm.com/andreas-danos-law-firm-starts-cooperation-with-dubai-law-firm-about-registering-companies/

Andreas Danos Law Firm starts cooperation with Dubai law firm about registering companies

Andreas Danos Law Firm would like to announce that it has started successful cooperation with a Dubai law firm, mainly concerning companies’ registration, which would enable our clients to set up a company in the United Arab Emirates.

Even though the United Arab Emirates do not have the “tax heaven” stigma, registering a company there have a lot of advantages. First of all, for the entities registered in the UAE there is 0% corporate income tax. Further company registration’s details depend on the emirate where the entity is registered and the type of the entity.

There are several legal solutions for foreign companies wishing to conduct a successful business in the UAE. One of them is to register a company in numerous free-trade zones in the UAE. Those areas have a special tax, customs and imports regime and are govern by their own framework of regulations. Within the most investors-friendly free zones in the UAE are Dubai free zones. There are several free zones in Dubai and each of them is specified for the exact branch of business (f.e. Dubai Silicon Oasis, Dubai Media City, Dubai Internet City). Dubai free zone company can be established using the 3 following entities: Free Zone Establishment, Free Zone Company and branch. The two firstly mentioned enjoy limited liability, while the branch has unlimited liability for the parent company. All three types of entities allow the 100% foreign ownership, appointment of corporate directors and visa applications for foreign employees. The Dubai free zones companies are obliged to rent an office in the zone (but it is not necessary to hire the staff), appoint a resident company secretary, submit annual audited financial statements and annually renew the business licence. What is more, free zone companies do not require a UAE national shareholder and are excellent solution for investors wishing to use Dubai as a gateway to the consumer markets in Africa and the Middle East. Exemption on corporate tax minimalizes withholding tax on remittance to other countries and no customs duties are imposed on goods imported or exported from the free zone.

Another solution for the investor is opening a Dubai offshore company, which is an ideal, tax efficient and cost effective corporate structure for entrepreneurs who wish to conduct international trade. An offshore entity is sometimes called the ‘nonresident paper company”, because it allows foreign entrepreneurs to trade with Africa and Middle East without administrative obligations. The main difference between the Dubai free zone company and the Dubai offshore company is that the offshore company is not allowed to trade in Dubai and in the UAE. Besides that, a Dubai offshore company is quick and simple to set up and the shareholders and directors are not required to register their names and details for public record. What is more, an offshore company is exempt from all annual accounting and tax obligations.

The less popular corporate structure is the Dubai Limited Liability Company. This entity is advised for companies wishing to conduct consulting business (legal and accounting consultancy, IT and management consultancy, marketing consultancy). In other industries, the Dubai authorities require foreigners to create a joint venture with an UAE national, who must hold at least 51% of the shares.

Andreas Danos Law Firm would like to announce that it has started successful cooperation with a Dubai law firm, mainly concerning companies’ registration, which

19/12/2024

https://www.danoslawfirm.com/ships-registration-cyprus/

Ships Registration in Cyprus

Located on the crossroads of three continents, Cyprus has emerged into a growing maritime centre. The island’s geographical location recently combined with a number of financial incentives by carefully designed government planning have made the Cyprus flag widely attractive amongst the key players in the shipping industry.

The Cyprus Registry currently ranks tenth in the world accommodating a 20 million tonnage merchant fleet & third in the European Union. Ship-management companies operating in Cyprus manage one fifth of the global third party managed fleet. An effect of this has been that shipping industry now amounts to 7% of the country’s GDP.

Ship-owning companies and ship-management companies can benefit from a number of significant advantages by provisionally, permanently or parallel registering under the Cyprus flag.

Cyprus is a major international shipping centre. Ships and vessels of any type or size, except for those listed below, may be registered in the Register of Cyprus Ships or the Special Book of Parallel Registration, given that they satisfy age-related and type-related requirements.

Ships and vessels that are NOT qualified for registration:

At the time of the application for their registration, are banned on port State control by a country member of any one of the Memoranda of Understanding on port State control, from entering the ports of the Countries party to that memorandum or that have been disqualified by a State from entering its ports;
Have been detained on port State control grounds on more than three times within two years period before the submission of application for registration by States of the Paris or the Tokyo or the Mediterranean Memoranda of Understanding on port State control or by the US Coast Guard;
Have been constructed exclusively for the use on inland navigation or that are to be utilized exclusively on inland navigation, i.e. internal waters, rivers, inland waterways, canals, natural or artificial lakes, water reservoir or dams.

Located on the crossroads of three continents, Cyprus has emerged into a growing maritime centre. The island's geographical location recently combined with a nu

16/12/2024

https://www.danoslawfirm.com/alternative-investment-fund-aif-cyprus/

Alternative Investment Fund (AIF) in Cyprus

he enactment of the Alternative Investment Funds Law of 2014 (“AIF Law”) marked the beginning of a new era and strong opportunities for Cyprus in the fund industry. The new AIF Law came to harmonise the Cyprus legal framework with the European legislation in an attempt to enhance its competiveness and place the country as an important player in the field of alternative investment funds.

The new AIF Law provides for the requirements for the establishment of alternative investments funds (“AIFs”), their operation and supervision as well as setting the framework for the key persons involved in the management and operations of such funds.

The Law provides for two types of Alternative Investment Funds (AIFs), namely AIFs without limitations as to the number of investors and AIFs with limited number of persons. The choice of an AIF has a number of significant advantages:

No restrictions are imposed by the Regulator regarding the type of investments;
The application process is fairly simple and not particularly time consuming;
Subject to the approval of the Regulator, the AIFs can be self-managed;
AIFs can be set-up as umbrella funds with multiple compartments, allowing the management of different asset pools with separate investment policies;
AIFs without limitations as to the number of investors can be listed on Cyprus Stock Exchange and other recognized EU stock exchanges;
No withholding tax on dividend distributions and no taxation of capital gains;
The services provided by the Investment Manager of the fund are not subject to VAT;
The ‘‘Company’’ legal form of an AIF can take advantage of the double tax treaty network of Cyprus;
No onerous ongoing reporting requirements to the Regulator;
Low set up and maintenance costs.

The enactment of the Alternative Investment Funds Law of 2014 ("AIF Law") marked the beginning of a new era and strong opportunities for Cyprus in the fund indu

05/12/2024

https://www.danoslawfirm.com/cyprus-permanent-residence/

CYPRUS PERMANENT RESIDENCE

Permanent Residency in Cyprus provides an exciting opportunity for non-EU citizens and their eligible dependents to obtain Cyprus permanent residence without any restrictions. This status, also known as Cyprus Immigration Permit or Unrestricted Residence, has an indefinite validity period, eliminating the need for renewal issues.

Cyprus Permanent Residency can be obtained through property investment or by residing legally and continuously in Cyprus for more than five years. This process may be completed within just 2 months and will grant investors European residency, for them and their family members, in a safe and secure jurisdiction which vaunts one of the lowest crime rates in the European Union. With years of experience in the Cyprus Immigration law, Danos Law Firm can assist you in the application process of a Cyprus Permanent Residency.

Permanent Residence Permit for EU Citizens (Yellow Slip).
The Yellow Slip is the permit required for European citizens seeking residence and employment in Cyprus, thus spending more than 3 months in the country.

Within just 12 working days, this program grants European citizens the opportunity to settle and work in Cyprus permanently without the need to renew the permit.

The applicant may also include members of the family who will be able to reside and work in the Republic of Cyprus. Family members who are non-European nationals will become eligible for the Pink Slip a temporary and renewable document which is valid for 5 years.

Permanent Residence Permit for non-European citizens residing in Cyprus (Pink Slip)
Third Country Nationals may apply for a Permanent Resident Permit upon legally staying in Cyprus for at least 5 years and having held a valid Temporary Residence Permit for the entire preceding period.

Family members of non-EU citizens living in Cyprus who are non-European Union citizens themselves may also apply to obtain a Cyprus Permanent Residence Card which is valid for 5 years and can be extended.

The main categories of Permanent Residency are:
Cyprus Permanent Residency by Investment:
Ideal for investors eyeing ownership of property in Cyprus, while maintaining stable income sources from abroad.

Cyprus Permanent Residency requires a minimum investment of €300,000 in real estate or other qualifying investment options. This accelerated pathway extends residency privileges to the entire family unit, ensuring seamless settlement of residents in Cyprus for the long term.

Category F Residency secure residency with a minimum real estate investment funds of €100,000 (plus VAT) and stable annual income from overseas, at least €9568 for the principal applicant, along with an additional €4613 for each dependent. This income should derive from foreign sources and may include earnings from employment, pensions, investments in stocks, or rental income.

Dependent status is extended solely to children under the age of 18, whose permanent residence permit remains valid until they reach adulthood. Parents of the principal applicant are not eligible for dependent status.

While applying for category F permanent residency with a rented property is feasible, there is a risk of rejection by the Migration Department. Based on professional insight, our Cyprus lawyers recommend pursuing residency after property acquisition to enhance the likelihood of a successful application.

Residency with Work Privileges:
Tailored for business owners and employees of foreign-affiliated enterprises working in Cyprus.

Category C – own a company in Cyprus with a capital injection of approximately €260,000 sourced from abroad.
Individuals planning to work as self-employed in a trade or profession in Cyprus must hold the relevant license and possess readily available capital of approximately €260,000 (or an amount determined by the Immigration Control Committee). Their self-employment should not have adverse effects on the overall economy of the Republic.

Category E – secure permanent employment in Cyprus.
Individuals who have received offers and intend to accept permanent employment in Cyprus, provided that their employment will not lead to unfair competition within the local job market for the type of work they plan to undertake.

Residency after 5 Years:
Non-EU citizens that have been living in Cyprus for at least 5 years can apply for a permanent residence permit.

Residency for EU Citizens:
Nationals of EU countries and their family members can apply for Cyprus residence permit after five years of being a legal permanent resident in Cyprus.

Residency by Marriage to Cypriot:
Non-European Union citizens, commonly referred to as third-country nationals, who are married to Cypriot citizens are eligible to apply for a Cyprus residency permit. This provision also extends to certain family members of the Cypriot citizen and their spouse, including:

– Children under 18 years old from a previous marriage.

– Parents-in-law of the Cypriot citizen.

One significant advantage of obtaining permanent residence in Cyprus through marriage is the unrestricted right to reside in Cyprus.

The spouse of a Cypriot citizen, after receiving a Cyprus permanent residence permit, can apply for citizenship if the following conditions are met:

Be married 3 years before the date of application and two years of residence in the republic.

What are the main benefits of Cyprus Permanent Residency?
The permanent residency in Cyprus offers plenty of benefits to its holders, from personal to professional, such as:

Cyprus permanent residency can be granted within the period of two months, provided that the required investment criteria are met. The permit extends to the family of the applicant, and it can be a stepping stone towards the application for Cypriot citizenship if the country of residence is Cyprus for a continuous period of eight years.
Thanks to the country’s EU membership, Cyprus permanent residents can travel freely within the European Union for up to 90 days in any 180-day period.
Cyprus has a favorable tax policies, with no inheritance tax and low corporate tax rates, which permanent residents can benefit from.
Permanent residence in Cyprus can be obtained through various investment programs, including real estate, which can yield attractive returns as the country’s property market is growing.
How to maintain the Cyprus Permanent Residence Status:
It’s important to stay abreast of regulatory requirements to safeguard your residency status, such as: annual verification and triennial checks. These mean that you have to ensure compliance with initial investments, health insurance, and other statutory obligations as well as to present clean criminal records from both current and home countries at three-year intervals to maintain residency privileges.

After a five-year residency stint in Cyprus, Permanent Residency holders become eligible to apply for Cyprus citizenship.

Navigating the complexities of permanent residence in Cyprus can be challenging, but with Andreas Danos Law Firm, you can proceed with confidence. Our Cyprus lawyers of experienced professionals are committed to ensuring a smooth and efficient process, from initial consultation to residence status and beyond.

Cyprus Permanent Residence provides an exciting opportunity for non-EU citizens and their eligible dependents to obtain permanent residence in Cyprus without any restrictions.

13/11/2024

https://www.danoslawfirm.com/citizenship-naturalization-based-on-years-of-residence-in-cyprus/

Are you interested to obtain Cypriot citizenship? Of course our Cyprus Immigration lawyers can assist you as we have years of experience in the Cyprus Immigration law. The Cypriot Naturalization can be obtained through legally residing in Cyprus for seven years. Aliens who are either parents or children of Cypriot Citizens the time required is five years.

We undertake to inform you about all the necessary documents and to make an appointment with the Civil Registry and Immigration Department. Moreover after we double check the relevant documents, we can accompany you to your appointment.

Acquiring Cypriot citizenship offers many advantages. Αfter acquiring Cypriot citizenship Andreas Danos Law Firm can provide you with legal support in your activities as an EU citizen, including company formation, open a bank account etc.

For more information:

Tel: 22664433

Email: [email protected]

Are you interested to obtain Cypriot citizenship? Of course our Cyprus Immigration lawyers can assist you as we have years of experience in the Cyprus Immigrati

06/11/2024

https://www.danoslawfirm.com/startups-in-cyprus/
In today’s dynamic business environment, startups are all about fresh ideas of innovation, driven by ambitious founders aiming to disrupt traditional markets with groundbreaking products or services. While starting a business can be thrilling, it’s also important to understand the legal side of things to make sure your venture can thrive.

Contact us directly by [email protected] or by +357 22 66 44 33 to find out more information about the issue you are interested in.

In today's dynamic business environment, startups are all about fresh ideas of innovation, driven by ambitious founders aiming to disrupt traditional markets wi

18/04/2024

https://www.danoslawfirm.com/establishing-a-company-in-anguilla/

Establishing a company in Anguilla offers numerous advantages, including a favorable legal framework, confidentiality protections, tax neutrality, and operational flexibility. By adhering to the regulatory requirements and leveraging the benefits offered by Anguilla’s jurisdiction, investors can establish and operate successful international business ventures.

Follow the link to find out more!