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P. N. Kourtellos & Associates LLC is driven by a sincere commitment to delivering distinguished legal services to our clients in Cyprus and internationally. Our approach combines a deep respect for the traditions of the legal profession with a forward-looking perspective on legal challenges, allowing us to guide those we represent with integrity and strategic …

Nestled in the eastern Mediterranean, Cyprus has long been a sought-after destination for investors seeking a strategic business foothold in Europe and beyond. With its rich history, favorable business infrastructure, strong economy, and appealing opportunities, Cyprus remains an attractive jurisdiction for both domestic and foreign entrepreneurs, organizations, and corporations. 2023 presented both challenges and opportunities …

The Danish labour market consists of small and medium-sized enterprises as well as large multinationals. Generally, the business sector is characterised by an excellent ability to adapt to market changes and a workforce with a high level of individual specialisation and education.   The Danish labour market, the so-called “Danish Model”, has three main features: …

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Located in the northwest of the African continent and 15 kilometers from Europe of which it is separated by the Strait of Gibraltar, Morocco is a privileged geostrategic crossroads between Africa, Europe and the Arab world. The ongoing improvement of the business climate, the opening up of trade combined with the liberalization of productive sectors …

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As the largest country in the South Caucasus for both its territory and population, Azerbaijan has undergone enormous advancements both in economy and in national legal framework. Those developments are ranging from the significant changes in legislation, the establishment of centralized real estate and movable property registries, the establishment of e-government, the adoption of international …

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Positioned as a crucial middle corridor between Asia and Europe, Türkiye has gained growing significance in commercial relations, influenced by factors like the Russia-Ukraine war, Middle East instability, and the supply chain impacts of Covid-19, alongside substantial investments in infrastructure and defence. This has positioned Türkiye as one of Europe’s most dependable routes for transporting …

Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre. A Member State of the European Union (‘EU’) since 2004, it provides a gateway for investment into and from Europe and, due to its geographic location, it enjoys strong commercial ties with Eastern Europe, the Middle …

Before delving into Cyprus’ contemporary corporate and commercial landscape, it is essential to understand the historical context that has shaped the country as a business hub. The island’s strategic location has made it a sought-after territory throughout history, with influences from various civilizations. The British colonial era, which lasted from 1878 to 1960, further impacted …

The Civil Transactions Law (CTL), issued by Royal Decree M/191 dated 29/11/1444 AH (corresponding to 18 June 2023), which came into force on 16 December 2023, has revolutionized the legal system in the Kingdom of Saudi Arabia (KSA) in relation to civil rights and liabilities. The CTL can be considered a codification of Shariah principles. …

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The Icelandic business environment can be described as a modern western environment. Iceland is a member of the EEA Agreement and as such enjoys the benefits of the European Single Market. In a recent survey Iceland was ranked 12th in Europe in a country ranking measuring the ease of doing business. Furthermore, Iceland ranked 12th …