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CMS AACS have long been acting for Italian and foreign clients in a large number of national and international transactions, including M&As, MBOs, and reorganizations of groups of companies, in most European countries and in many non European jurisdictions.

Through its large network of associated offices the firm can ensure to its clients the assistance of leading professionals in each jurisdiction. Our lawyers advise Italian and foreign companies in relation to the setting up of branches and subsidiaries in Italy and abroad.

The firm also assists clients in drafting and negotiating joint ventures and shareholder agreements along with agreements for the sale of businesses located either in Italy or in foreign jurisdictions. Our vast experience and long established tradition in advising clients from different business sectors, always ensure that we have a clear understanding of our clients’ needs.

Our professionals and support staff, never fail to ensure that our clients, ranging from top players in several business sectors to medium and small size companies, receive the assistance required in their day to day activities and that they can always rely on continuous and timely legal support.

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Corporate Governance
In these recent years, both Italian and multinational companies are faced with unprecedented challenges since new laws and regulations are being appli
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Joint Ventures & Partnerships
Part of our commitment lies in creating strategic alliances with our clients, both individuals and organizations. Our advice is amongst the means by w
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Mergers & Acquisitions
Together with the commercial law practice, our Mergers and Acquisitions team is dedicated to providing innovative solutions that reflect our many year


CMS Al­bania has ad­vised 4IG on the ac­quis­i­tion of One Tele­com­mu­nic­a­tions...
CMS has as­sisted 4iG on the in­dir­ect ac­quis­i­tion of One Tele­com­mu­nic­a­tions, upon ac­quir­ing all the shares in the Bul­gari­an com­pany Al­bania Tele­com In­vest. One Tele­com­mu­nic­a­tions is a ma­jor tele­com­mu­nic­a­tion...
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, stay­ing ahead of the curve and know­ing what’s next for your busi­ness or sec­tor is es­sen­tial.At CMS, we see ourselves not only as your leg­al ad­visers but also as your busi­ness part­ners. We work to­geth­er with you to not only re­solve cur­rent is­sues but to an­ti­cip­ate fu­ture chal­lenges and in­nov­ate to meet them.With our latest pub­lic­a­tion, CMS Next, our ex­perts will reg­u­larly of­fer you in­sights in­to and fresh per­spect­ives on a range of is­sues that busi­nesses have to deal with – from ESG agen­das to re­struc­tur­ing after the pan­dem­ic or fa­cing the di­git­al trans­form­a­tion. We will also share with you more about the work that we are do­ing for our cli­ents, help­ing them in­nov­ate, grow and mit­ig­ate risk.To be able to provide you with the best sup­port, we im­merse ourselves in your world to un­der­stand your leg­al needs and chal­lenges. However, it is equally im­port­ant that you know who we are and how we can work with you. So, we in­vite you to meet our ex­perts and catch a glimpse of what is hap­pen­ing in­side CMS.En­joy read­ing this pub­lic­a­tion, which we will up­date reg­u­larly with new con­tent.CMS Ex­ec­ut­ive Team
Leg­al guide for com­pany dir­ect­ors and CEOs in Al­bania
BREAK­ING: Coronavir­us (COV­ID-19) con­sid­er­a­tions for dir­ect­ors 1. What are the key is­sues for dir­ect­ors dur­ing the COV­ID-19 crisis? Dir­ect­ors’ main du­ties dur­ing the COV­ID-19 crisis are re­lated to...
CMS M&A European Out­look 2022: Road to re­cov­ery
Septem­ber 2021 We are pleased to provide you with this year’s edi­tion of the “European M&A Out­look”, pub­lished in co-op­er­a­tion with Mer­ger­mar­ket
Ul­ti­mate Be­ne­fi­cial Own­er (UBO) Re­gister
The Re­gister on Ul­ti­mate Be­ne­fi­cial Own­er shall be es­tab­lished in Al­bania not later than 31.01.2021. The UBO Re­gister shall be main­tained by the Na­tion­al Busi­ness Cen­ter.      In the mean­time, all...
Sta­bil­isa­tion and re­struc­tur­ing law in Al­bania
1. Which fin­an­cial (not tax or la­bour) short-term com­pens­a­tion schemes for im­me­di­ate losses due to so­cial dis­tan­cing meas­ures have been im­ple­men­ted? For which in­dus­tries/sizes of busi­ness? The 2020...
Data­base of com­pany names will be opened to the pub­lic
For for­eign in­vestors which in­tend to newly es­tab­lish a com­pany in the People’s Re­pub­lic of China (“PRC”) and ex­ist­ing PRC com­pan­ies which in­tend to change their com­pany names, the first step is...
Up­date on the new reg­u­lat­ory re­gime for for­eign in­vest­ment in China
As re­por­ted in our news­let­ter of 14 Septem­ber 2016, the three laws gov­ern­ing for­eign in­ves­ted en­ter­prises in China, i.e. the PRC Law on Wholly For­eign-owned En­ter­prises, the PRC Law on Sino-For­eign Equity...
In part­ner­ship with China, USD 20 bil­lion fund will fin­ance pro­jects in...
The gov­ern­ments of China and Brazil last week signed a Memor­andum of Un­der­stand­ing (MoU), which es­tab­lishes a frame­work for set­ting up and op­er­at­ing the Brazil-China Co­oper­a­tion Fund for In­creas­ing Pro­duct­ive...
China to tight­en veri­fic­a­tion pro­cess to stop fake over­seas M&A deals
The State Ad­min­is­tra­tion of For­eign Ex­change (the “SAFE”), the main au­thor­ity in charge of for­eign ex­change con­trol in China, an­nounced last week that they will crack down on fake over­seas M&A deals...
When the Dust Settles: Cross-bor­der re­struc­tur­ing and in­solv­ency after...
As the dust be­gins to settle after the EU ref­er­en­dum and the po­ten­tial rami­fic­a­tions of Brexit con­tin­ue to be di­ges­ted, we ex­am­ine the po­ten­tial im­pact of Brexit on the UK cross-bor­der re­struc­tur­ing and...
New reg­u­lat­ory re­gime for for­eign in­vest­ment in China
On 3 Septem­ber 2016, the Stand­ing Com­mit­tee of the PRC Na­tion­al People's Con­gress ad­op­ted a de­cision to re­vise the three laws gov­ern­ing for­eign in­ves­ted en­ter­prises in China, i.e. the PRC Law on Wholly...