Best Due Diligence Lawyers in Limassol

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A. KOULOUNDI & CO. LLC
Limassol, Cyprus

Founded in 2025
5 people in their team
English
Greek
Corporate & Commercial Due Diligence Administrative +8 more
At A. Kouloundi & Co. LLC, we are driven by a client-first philosophy built on experience, innovation, and excellence. With nearly 20 years of trusted legal counsel in Cyprus, founder Anna Kouloundi and her team offer legal guidance, advice and support to local and foreign individuals, family...
Limassol, Cyprus

Founded in 2023
English
Ioannou & Sharpe LLC, established in 2023, is a Limassol-based law firm specializing in commercial, corporate, real estate, injury and accident law, and civil litigation. The firm is recognized for delivering tailored legal solutions and proactive strategies, emphasizing open communication and...
Cyprus Lawyer Directory
Limassol, Cyprus

English
Cyprus Lawyer Directory stands out as a premier legal resource, connecting clients with reputable law firms across Cyprus. The firm’s dedicated team possesses in-depth knowledge of the local legal landscape, providing comprehensive information on a broad range of legal services and experienced...
Oxford Tax Solutions
Limassol, Cyprus

English
Oxford Tax Solutions, based in Cyprus, is recognized for its in-depth expertise in providing tailored business-to-business solutions across a range of professional services. The firm's team of experienced consultants delivers comprehensive accounting, tax advisory, and corporate management support...
E & G Economides LLC
Limassol, Cyprus

English
E & G Economides LLC is a full-service law firm based in Limassol, Cyprus, offering a comprehensive range of legal services. The firm specializes in corporate and commercial law, mergers and acquisitions, banking and finance, and capital markets. Additionally, it provides expertise in litigation,...
A. YIORKAS & CO LLC
Limassol, Cyprus

English
A. Yiorkas & Co LLC is a distinguished law firm based in Cyprus, renowned for its comprehensive legal services and commitment to excellence. The firm offers a wide range of legal solutions tailored to meet the diverse needs of its clients, ensuring personalized and effective representation across...
L. Papaphilippou & Co LLC
Limassol, Cyprus

Founded in 1963
English
L. Papaphilippou & Co LLC, established in 1963 by Loukis Papaphilippou, has evolved into one of Cyprus's leading international law firms. Through strategic mergers and a commitment to nurturing talent from within, the firm has expanded significantly, now comprising over 70 highly qualified...
CPM - Limassol
Limassol, Cyprus

Founded in 1996
English
CPM - Limassol, a division of Cyproman Services Ltd, has been a prominent provider of fiduciary and corporate administration services in Cyprus since its establishment in 1996. The firm offers a comprehensive suite of services, including company registration, corporate administration, secretarial...
Chambers & Co

Chambers & Co

1 hour Free Consultation
Limassol, Cyprus

Founded in 1996
8 people in their team
English
Greek
Chambers & Co  has grown rapidly since its inception in 1996 and is now one of the leading international law firms in Cyprus.The Firm’s policy is to deliver expert legal services in an environment that encourages professionalism, confidence and trust. We have built a...
Antoniou Law Firm
Limassol, Cyprus

Founded in 2023
English
Antoniou Law Firm, based in Limassol, Cyprus, is a distinguished boutique law firm renowned for its personalized, client-centric legal services. The firm specializes in a comprehensive range of practice areas, including bankruptcy services, business law, immigration and naturalization, insolvency,...
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About Due Diligence Law in Limassol, Cyprus

Due Diligence in Limassol, Cyprus, is a comprehensive appraisal a company or individual performs before signing a financial transaction or entering into an agreement. This process is a legal obligation and thoroughly checks the legitimacy, risks and potential benefits associated with the transaction or business relationship. It often pertains to real estate transactions, mergers, acquisitions, and partnerships.

Why You May Need a Lawyer

Due diligence can be a complex process involving intricate legal necessities. You may need an attorney to carry out a due diligence process on your behalf to ensure that the requirements are thoroughly investigated and accurately documented thereby minimizing risks. Additionally, a professional can assist during negotiations and finalizing contracts, ensuring your interests are safeguarded.

Local Laws Overview

Limassol, Cyprus, requires strict adherence to the due diligence laws, which are derived from European Union Directives and local legislation. It includes Know-Your-Customer (KYC) practices as part of anti-money laundering laws, requiring businesses to fully identify and vet their partner entities or clients. Additionally, due diligence measures include obtaining necessary permits, reviewing of contracts, verifying assets, and investigating any potential legal issues.

Frequently Asked Questions

What is due diligence?

Due diligence is a process of investigations or audits of a potential investment or product to confirm the facts. This includes the review of financial records and assessment of other factors considered relevant.

What happens if due diligence is not carried out?

Ignoring due diligence can lead to legal complications, financial losses and can potentially damage to the company's reputation. In more severe cases, it may lead to corporate penalties and even imprisonment.

How long does the due diligence process take?

The duration of the due diligence process can vary depending on the nature of the transaction or business relationship. Generally, it can take up to several weeks or months.

What professionals are involved in the due diligence process?

Licensed lawyers specializing in due diligence processes, Certified Public Accountants (CPAs), and financial or business advisors are typically involved in the due diligence process.

Are there penalties for failing to carry out due diligence?

Yes, in Cyprus, failure to carry out due diligence can result in severe penalties including heavy fines and imprisonment, depending on the severity of the offense.

Additional Resources

The Registrar of Companies and the Cyprus Securities and Exchange Commission are the two main governing bodies that regulate due diligence in Cyprus. For additional legal resources, visit the Cyprus Bar Association website. The Association of Certified Anti-Money Laundering Specialists also publishes useful information about due diligence requirements.

Next Steps

If you need assistance with the due diligence process in Cyprus, begin by contacting a local attorney who specializes in due diligence. It is advisable to gather all necessary documentation beforehand to expedite the process. Always remember that the diligence process is crucial in making informed decisions and avoiding legal complications.

Lawzana helps you find the best lawyers and law firms in Limassol through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Due Diligence, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Limassol, Cyprus - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.