Our Firm
The law firm of Michalis V. Ioannou is an experienced, dedicated, independent law firm located in Limassol, Cyprus. Our mission is to provide quality services in a time effective manner with the least involvement of the client. We give our clients services of the highest standards, as we are able to efficiently address all legal problems with specialization on: Civil and Criminal Litigation and Representation in the Courts of Cyprus Immigration Laws and Practice in Cyprus Intellectual Property Laws and Practice in Cyprus Contracts Laws and Practice in Cyprus Family Laws and Practice in Cyprus Immovable Property Laws and Practice in Cyprus Personal Injury Laws and Practice in Cyprus Banking Laws and Practice in Cyprus Bankruptcy Laws and Practice in Cyprus Commercial Laws and Practice in Cyprus Corporate Laws and Practice in Cyprus With a tested track record of over 30 years we are able to represent you or your clients before the Cypriot district courts and the court or appeal as well as to provide legal counselling on all aspects of the Laws of Cyprus.
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Civil Litigation
Family, Employment, Personal Injury, Bankruptcy, Tax , Real Estate,
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Criminal Litigation
Criminal Defense
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Appeals
Supreme Court attendance
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Other
Business Law
OUR TEAM
Anthia Ioannou
Michalis Ioannou
Elena Ioannou
Latest news
Amendments to the Income Tax Law October 2016
On 14 October 2016, the House of Representatives enacted into law amendments to the Income Tax Law (ITL) which were published in the Gazette on 27 October 2016 and provide for the gradual phase out of the current IP regime and the introduction of a new IP regime that is in line with the latest international developments on the taxation of IP income and OECD’s action plan on fighting base erosion and profit shifting (BEPS). The ITL amendments are supported by Regulations which provide detailed guidance in the calculations and application of the new IP regime. […]
Amendments to the Companies law and the Auditors law for the harmonization with Directive 2013/34/EU
On the 23rd September 2016 laws 95(1) of 2016, 96(1) of 2016 and 97(1) of 2016 were published int he official gazette and hence making them part of our national legislation. The three mentioned laws amend the Partnership’s law, the Companies Law and the Auditors Law in Cyprus. These amendments come to harmonize local legislation with Directive[…]
Property Sales Rise in August
Property sales in Cyprus increased by 50 per cent in August compared August last year according to the latest official figures published by the Department of Lands and Surveys. During August a total of 451 contracts for the sale of commercial and residential properties and land (building plots and fields) were deposited at Land Registry[…]
Cyprus Unemployment Registers the Largest Decrease in Europe
The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in August 2016, stable compared to July 2016 and down from 10.7% in August 2015. This remains the lowest rate recorded in the euro area since July 2011. The EU28 unemployment rate was 8.6% in August 2016, stable compared to July 2016 and down from 9.3%[…]
Update on the Cyprus Citizenship by Investment Scheme
The Council of Ministers of Cyprus, on the 13th of September, approved a number of changes to the “Cyprus Citizenship by Investment Scheme”. The updated criteria is more favorable to the individuals wishing to obtain the Cyprus passport and receive the benefits of a EU passport. Individuals must fulfils both the Economic Criteria (Part A)[…]
The Department Of Registrar of Companies Is Undergoing a Phase of Major Developments
On Tuesday 27th September 2016 at the Four Seasons Hotel in Limassol the CIBA members and guests welcomed Spyros Kokkinos, the Registrar of Companies and Official Receiver, to inform them on the recent and forthcoming developments at the Company Registrar Office and their impact on the international businesses and their professional advisors. During his speech,[…]
Civil Litigation
Our Practice The cases we handle involve: • Contractual claims • Banking (we never undertake the banks side) • Fraud and asset tracing • Building & Construction • Trust disputes • Corporate Disputes • Torts • Accidents • Estates & Administration • Matrimonial and family matters • Medical negligence claims and malpractice • Commercial Disputes[…]
Company Formation in Cyprus
Private Company Limited by Shares (LTD) in Cyprus This is the most common type of company used in Cyprus and it is founded by one ore more shareholder, with a maximum number of 50. The company must have a registered office in Cyprus and a local company secretary. The shareholder(s) subscribe to shares in the company and a[…]
Merry Christmas and a Happy New Year
The law firm of Michalis V. Ioannou would like to wish its clients, associates and partners Merry Christmas and a Happy New Year for 2014.
Court of Appeal rejects appeals against the orders to haircut
The Court of Appeal has today reject as inadmissible the appeals against the orders to haircut unsecured depositors in the resulting consolidated banking institutions describing them as falling under private law and not administrative law. Furthermore the such cases do not fall within the jurisdicition of the Court of Appeal acting as a firtst instance court. […]