We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse
areas of law, we provide trusted legal solutions for individuals, families, and businesses
Payment is overdue. Move from chasing to recovering.
An invoice remains unpaid. A borrower has stopped paying. A customer keeps promising “next week,” or repeated reminders are simply being ignored. NAKLAW assists businesses and individuals with recovering outstanding debts in Cyprus, from assessing whether the debt can be pursued to demanding payment, negotiating a resolution and starting legal proceedings where necessary.
The payment deadline has passed and you want to act early.
Calls, emails and payment reminders are no longer working.
The debtor challenges the amount, agreement or responsibility to pay.
The debt is established but voluntary payment is not happening.
You do not need to know which legal step comes next.
Send us the debt documents and tell us what has already been tried. We assess the most appropriate next move.
| Your Situation | Our Support |
|---|---|
| Payment is overdue | Review the basis and evidence of the outstanding amount. |
| Informal reminders failed | Prepare an appropriate formal demand for payment. |
| The debtor responds | Negotiate payment or a structured settlement where it serves your interests. |
| The debt is disputed | Assess the debtor’s objections and strengthen the claim’s evidential position. |
| Payment is still refused | Pursue appropriate court proceedings for recovery. |
Our focus is recovery, not unnecessary escalation.
If payment can be achieved without prolonged proceedings, that may be the better commercial result.
Recover payment amount, debtor and evidence supporting the debt.
Make a formal demand setting out the payment position.
Pursue payment or an acceptable settlement where possible.
Start legal proceedings when voluntary recovery does not work.
Debt → Demand → Payment or Claim
Not every case needs to reach court.
To start debt recovery in Cyprus, useful documents include:
That does not automatically end the matter. Invoices, payment history, correspondence and evidence of the underlying transaction may still be relevant.
Send what you have. We can assess the evidence before recommending action.
Before increasing legal costs, it can be important to look beyond “Am I owed the money?” We also consider:
The debt’s value affects the recovery strategy.
A defended claim requires a different approach from a debtor simply refusing to pay.
Clear records can materially affect the claim’s strength.
Obtaining a judgment and recovering payment are separate issues.
The aim is a commercially sensible recovery strategy, not legal action for its own sake.
This service focuses on establishing and pursuing an outstanding debt before judgment.
If you have already obtained a Cyprus court judgment but the debtor still has not paid, the next issue is Enforcement of Judgments. NAKLAW can move your matter into the appropriate enforcement stage rather than restarting the underlying debt claim.
NAKLAW has advised businesses and individuals in Cyprus since 2003. We handle debt matters with both the legal claim and the practical prospect of recovery in mind.
Established Cyprus law firm.
Support across different debt situations.
Demand, negotiation and litigation based on the case.
We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse areas of law, we provide trusted legal solutions for individuals, families, and businesses.We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse areas of law, we provide trusted legal solutions for individuals, families, and businesses.We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse areas of law, we provide trusted legal solutions for individuals, families, and businesses.
Established in 2003 by our Managing Partner, Mr. Nasos A. Kyriakides, Nasos A. Kyriakides & Partners LLC has become one of the leading law firms in Cyprus, setting high standards of excellence in the legal profession.
Over the past 23 years, our combination of professional expertise, extensive experience, and the continued trust and support of our loyal long-standing clients has enabled the firm to grow significantly in both reputation and size.
Our commitment to delivering exceptional legal and corporate services, together with our client-focused approach and deep industry knowledge, has positioned us among the leading law firms in Cyprus. This recognition is reflected in the prestigious awards we have received, including:
CorporateINTL Global Awards 2014 – Oil & Gas Law Firm of the Year in Cyprus
CorporateINTL Global Awards 2015 – Banking & Finance Law Firm of the Year in Cyprus
In addition, our firm is proud to be a member of The Legal 500, one of the world’s leading legal directories, further reflecting our commitment to excellence and the high standards of service we provide.
Chief Executive Officer (CEO)
Following the accession of Cyprus in the EU in 2004 and the abolition of the "offshore regime", Cyprus has maintained a simplified and effective tax system in full compliance with the EU and the OECD.
As a result of the above Cyprus has become a stable EU, "non-offshore" low tax jurisdiction with a beneficial tax regime for foreign businesses and individuals as well as a safe professional business environment.
Cyprus has one of the lowest-taxation rates within the EU, with a flat tax rate at 15% on profit. Cyprus offers additionally to its tax benefits, great advantages as a respectful and useful jurisdiction for holding companies.
It is important to indicate that the business climate in Cyprus is based on a free and open economy, offering first-class legal and financial expertise. It's very easy to fly in and out of Cyprus throughout the year.
When I faced unfair treatment at work, this incredible team stood by my side, fought tirelessly for my rights, and ensured that I finally received the justice I truly deserved
We take pride in delivering justice with integrity, dedication, and trusted legal expertise. Our clients’ voices reflect the true strength of our firm
We work with individuals, families, startups, and large corporations across various legal matters.
Yes, we provide a free 30-minute consultation to understand your case before moving forward.
Our fees are transparent and flexible — you can choose between hourly rates, flat fees, or monthly packages.
Yes, our team also assists with immigration & international legal matters.
You can easily schedule an appointment through our website or by contacting our office directly.
Our personalized approach, proven track record, and dedicated team of attorneys set us apart.
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+357 25-352-352
info@naklaw.com
Anexartisias & Athinon, Nora Court, 2nd Floor, Office 201-202, 3040 Limassol, Cyprus
Get in touch with our legal experts today.
