Switzerland remains a solid location for financial and corporate investments. While the country officially went into recession in early 2009, the Swiss economy recovered quickly. Switzerland has not experienced a severe credit crunch as seen in other part...

The pulling power of the tax haven shouldn’t be underestimated, as Arcadia Group’s Sir Philip Green, one of the UK’s most famous tax haven mavens, would attest. Amid severe hikes in tax rates in the UK, speculation is rife that Barclays is to move i...

High-profile names such as BASF, Allianz, Porsche, Man Diesel, Eurotunnel, Schering Plough and Strabag took the step to become Societas Europaea (SEs) to reap the benefits, and several other heavyweight companies are now following suit. There were 751 SEs...

The small island nation located in the Mediterranean Sea has few natural resources, restricted fresh water supplies and no domestic energy sources. Until the late 1980s, the Maltese economy was heavily dependent on tourism, a limited manufacturing sector ...

Then again, Greece was not the only member of the eurozone (a union which, unlike any successful financial organisation, seems to have based its existence exclusively on positive assumptions) to face financial difficulties.Difficult decisions had to be ma...

OYAK established by law (number 205) in 1961 as a private corporate entity, is subject to private law and is financially and administratively autonomous. It can be seen as a second tier private pension fund, primarily for the officers (commissioned and no...

Characteristics- The settlor is not a permanent resident of Cyprus.- At least one of the trustees is resident in Cyprus at all times.- No beneficiary other than charitable institutions are permanent residents in Cyprus.- The trust property does not includ...

Today Papapolitis & Papapolitis is at the forefront of the legal market in major foreign direct investment transactions in Greece. It has witnessed the development of corporations and projects in Greece, from the early days of penetrating the market, ...

Whether clients are looking to access new markets, secure or restructure financing, or weigh the pros and cons of a prospective deal, clients want legal advisors who understand their goals and can help achieve them. Critical business decisions demand care...

It has an attractive tax system including an extensive network of double taxation treaties, as well as highly professional accounting, legal and banking sectors. The legal system is based on English common law and English is fluently spoken throughout the...