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The firm

Established in 1970, Polakis Sarris & Co LLC has grown over the years into a sizeable and versatile law firm.

The company commenced as a’ one-man show’, run by the founder Polakis K Sarris who is today the managing partner of the firm. Today, the firm consists of over 30 employees, including lawyers, accountants, corporate managers, paralegal secretaries, assistants and supporting staff. Polakis Sarris & Co LLC has become one of Cyprus’ leading firms in the corporate, tax, trust and shipping industry as well as litigation.

Polakis Sarris & Co LLC was presented the First Prize for Business Performance, Financial Achievement and Quality and for Service by the President of the Republic of Cyprus on behalf of the Employers’ Federation and Industry. Also the firm is the winner of the 2014 Corporate Intl Magazine Global Award: ‘Tax Investigations Law Firm of the Year in Cyprus’.

Polakis Sarris & Co LLC was also presented by the President of the Republic with the 1999 Cyprus Export Award for Services (First Prize) by the Ministry of Commerce, Tourism and Industry and by the Cyprus Chamber of Commerce.

The success of the office, its rapid expansion and the awards won are the direct result of the personal attention, quick response and high standards of excellence reflected in the services carried out.

Areas of practice

Companies law: including company incorporation services, advice and action in matters relating to companies law, as well as full company administration and support services, including accounting and bookkeeping services, all under one roof.

Tax law: including advice in relation to corporate and personal taxation, taxation of foreign nationals, processing tax returns.

Trust law: including drafting of relevant documentation, establishment, administration and/or revocation of trusts.

Litigation and dispute resolution: including commercial, admiralty, tort, banking, contract, criminal, family litigation, as well as injunctive remedies including Mareva Injunctions, Norwich Pharmacal Orders, Anton Piller Orders.

Property/real estate law: including drafting the sale and purchase agreement, filings to Land Registry, application to the Council Of Ministers.

Banking, mergers and acquisitions: including structuring and control of mergers, acquisitions and joint ventures, M&A finance, drafting and negotiating joint venture agreement, subscription and shareholders agreements, share and asset management, leveraged and management buyouts, general legal advice on corporate, regulatory, securities, competition, labour matters and enforcement matters, legal and financial and tax due diligence.

Energy, oil and gas: Polakis Sarris & Co LLC has a dedicated energy – oil and gas law department that offers legal services to a wide range of fields in the energy sector including renewable energy projects, oil and gas exploration, electricity, natural gas purchase and transportation and renewable energy ventures, and infrastructure projects.

The firm’s services in the energy field include corporate and tax services, negotiation and drafting of power purchase agreements, natural gas and other fuel purchase agreements, natural gas transportation and distribution agreements and other energy project agreements.

Polakis Sarris & Co LLC advises on regulation and tenders related to the energy sector, including applicable laws and regulation for upstream and downstream natural gas projects and for renewable energy projects, from the inception of the venture through completion of the project.

The firm’s expertise also includes corporate and tax structuring of energy/oil and gas groups as well as energy/oil and gas financing and securities.


Number of lawyers 7

Above material supplied by Polakis Sarris & Co Lawyers.

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