In this respect, we advise on the hiring of employees, termination of employment, redundancies, employee rights in mergers and transfers of undertakings, employee share option schemes, matters related to maternity leave, sickness and misconduct procedures, advice on HR issues, on equality and diversity, compliance with all aspects of anti-discrimination legislation, disciplinary and grievance procedures, data protection issues, and provident and pension funds issues.
It is widely acknowledged that market instability, increased life expectancy and pension fund deficits have made pension risk management a high priority for employers. Our Employment Law team assists employers and employees with the development and management of pension programs that meet all the relevant legislative and regulatory requirements, while at the same time taking into consideration any tax repercussions. The team works closely with our Tax and Banking & Finance practices to provide integrated advice on large-scale pension projects, such as assets-backed financing and insurance transactions.
Our firm also provides assistance when non-EU citizens are to be employed in executive positions with companies belonging to foreign interests, guiding them through the special procedures leading to the grant of the relevant work and residency permits, as well as family reunion permits for their dependants. We also assist EU employees in registering and obtaining their permits, albeit under a more simplified procedure.
Our involvement in immigration law and procedures extends to applications for permanent residency, either for pensioners or for clients who are entitled to apply for long-term residency permits. Furthermore, we have extensive experience in applying for Cyprus citizenship for those who are eligible, including applications made under the special financial criteria set by the Council of Ministers that waive the minimum staying time in Cyprus.
To talk to a member of the Employment & Immigration Law team please contact: +357 22 777000