Our firm represents clients in matters covering the whole spectrum of the real estate sector. Members of the firm are involved in transactions varying from leasing agreements of a single location to the set up and operation of Property Funds engaging in acquisitions and developments of sites in numerous sites around the world, advising on all aspects of the business.
Our firm’s experienced team regularly engages in the drafting and negotiation of contracts of sale for the acquisition of residential or commercial properties by locals and foreigners, either corporations or individuals, undertaking also all necessary due diligence exercises in connection with such transactions, as well as in the drafting and negotiation of lease and sub-lease agreements of residential or commercial properties.
Payments, Deductions, Payroll, Record Keeping, Penalties. Important provisions on the protection of employees’ wages in accordance with the Protection of Wages Law 35(I)/2007, as amended (the “Protection of Wages Law”): Payments: As a rule, employers must pay employees’ salaries as follows: Cash payments are allowed only in exceptional cases explicitly outlined in the Protection of […]
Yesterday 30 November 2023, the Plenary of the House of Representatives approved the extension of the Debt Restructuring provisions until the 31st December 2024. The Debt Restructuring provisions allow for various tax reliefs and incentives in respect of transactions involving transfer of immovable properties by debtors to lenders, reflected in seven different laws. The context […]
A proposal for a new law regulating the working conditions on Telework in the private sector has been approved by the Plenary of the House of Representatives last Thursday, 16 November 2023. Despite the developments that have taken place in recent years at national level in relation to telework and its gradual implementation by companies, […]