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63 AYIAS FYLAXEOS STREET, MEGARO CHARALAMBOUS 1ST FLOOR, 3025 LIMASSOL, CYPRUS
Tel:
Work +357 25 10 10 80
Fax:
Fax +357 25 10 10 70
Email:
Web:
www.mylonas.law

Andreas Mylonas, Managing Director and Advocate

Managing Director Andreas Mylonas how the firm is adapting to clients’ changing needs

1) What do you see as the main points that differentiate AMG Mylonas & Associates, LLC from your competitors?

Our law firm established in 2013 with the vision to offer its clients customised legal services by a boutique law firm, AMG Mylonas & Associates LLC primarily deals with Business and Corporate law, as well as Commercial law, International Tax law, Maritime law, private equity deals, Litigation & Arbitration and Trusts & Asset protection.

“We are more than just a traditional law firm, we think differently, we are innovative, problem solvers but most of all we are great listeners”, Managing Director Andreas Mylonas says. “What differentiates us from other firms is that: we provide personalised services for high-end clients; lawyers are exclusively the ones who are dealing with customer’s requests; and we deliver the services in a short time, under tight deadlines”, he points out, adding that “our law firm’s culture is based on a “can-do” attitude, whilst constantly creating value and give our clients a competitive advantage”.

2) Which practices do you see growing in the next 12 months? What are the drivers behind that?

“Cyprus’s profile as a financial services centre attracts foreign investment and is becoming a regional base for international corporation’s headquarters. Cyprus’ comparative advantages are gaining in strength, especially with the global changes in regulation and the increasing demand from companies to create business substance”, Andreas Mylonas explains, adding that Cyprus has one of the most modern and favourable trust regimes in Europe and with an updated legal framework, the Cyprus International Trust has become an instrument of choice for wealth protection and tax planning. “Cyprus is also attracting wealthy individuals wishing to relocate to the island and take advantage of favourable EU Citizenship by investment”, he says.Finally, Cyprus is a fully fledged and leading maritime centre which tend for Cyprus to become even more a major shipmanagement centre.

3) What's the main change you've made in the firm that will benefit clients?

Today's clients are influencing the legal services of tomorrow, prompting global law firms to rethink the way they work.  When looking for that perfect addition to our team, we think different, we think outside the box.  In order to provide quality legal services, AMG Mylonas law firm  have developed cooperation with associates, outside Europe, CIS countries, in the USA, Saudi Arabia, China.

Also, what really benefits clients is the personal relationship that we develop with our clients which is more about partnership, and as we all know, partnerships are built on collaboration and trust. Clients are demanding greater collaboration in matter management and firms have no choice but to comply.

4) Is technology changing the way you interact with your clients, and the services you can provide them?

Winning new clients starts with a thoughtful website, where potential clients go first as they’re deciding whether to work with you. Even more, if being able to speak to those website visitors directly and answering any questions they might have, it will definitely suffice the purpose.

Technology is bridging the gap of distance and radically altering traditional attorney-client interactions. Thanks to advances in legal technology, firms now can increase their efficiency while engendering a more productive and transparent relationship with their clients.

5) Can you give us a practical example of how you have helped a client to add value to their business?

We definitely can underline some examples i.e successful mergers and acquisitions, helping startups or entrepreneurs on raise capital from Business Angels or Venture Capital, advising on the development of Real Estate projects and advising clients that dealing in the technology companies industry, blockchain and cryptocurrency. However, the most important for AMG Mylonas law firm is that we believe in a we-can-do attitude and by constantly creating value for the unique goals of each client, we generate even more sustainable value and give our clients a competitive advantage.

6) Are clients looking for stability and strategic direction from their law firms - where do you see the firm in three years’ time?

AMG MYLONAS & ASSOCIATES, LLC and its attorneys work together with clients to achieve short-term objectives while also preparing the clients for long-term strategic advantage. We structure, negotiate and close deals for businesses of all sizes and in a range of sectors, giving particular emphasis in technology, private equity, financial services and real estate capital markets sectors. 

We strongly believe that our law firm will keep growing in the right direction. All of the Cyprus law firms have a duty to treat their clients professionally, propelling the country’s goal of becoming an honest business hub”, the Managing Partner Andreas Mylonas points out.

Legal Developments in Cyprus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Initial Coin Offering (ICO) through Cyprus The Tax & VAT aspect

    ICOs have recently exploded and become an increasingly popular method of fundraising for start - ups and other companies with the intention to fund innovative projects based on the Blockchain technology.
  • New Cyprus law on data system security

    New Cyprus law on data system security
  • New “federal” EU Tax rules on the table

    In 2011, in response to public concerns over large multinational companies exploiting differences in national tax rules, the European Commission published a proposal for a Common Consolidated Corporate Tax Base (CCCTB) to unify tax rules throughout the EU. Individual countries would still be free to set their own tax rates, but anomalies between countries in terms of deductibility of expenses and recognition of income would be eliminated. The initial proposal met with considerable political resistance, particularly from the United Kingdom, and was not pursued. In October 2016, perhaps in anticipation of less resistance once Brexit was completed, the Commission issued a revised proposal to replace the earlier one. It aims to introduce a set of common rules for determining the tax base of companies with operations in several EU Member States and tax them in the country where their revenues are generated, and remove the anomaly of large companies paying what the public perceives as disproportionately low amounts of tax in countries where they have significant activities.
  • Initial Coin Offering (ICO) Through Cyprus

    Initial Coin Offering, known as “ICO”, is a relatively new phenomenon in the crowdfunding industry being the main subject of discussion in the Blockchain and financial communities.
  • The new Prospectus Regulation EU

    On 30th June 2017, the European Parliament and the European Council published in the Official Journal of the European Union the Regulation (EU) 2017/1129 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (the “New Prospectus Regulation”).
  • Relocation and Retirement in Cyprus - The Tax Aspect

    Since 2004, Cyprus is a full Member State of the European Union. This fact, along with its good strategic location, highly skilled human capital, excellent infrastructure, reliable communications, relatively low cost of living, sound and stable legal system, warm climate and hospitality of its people, are some of the advantages which contribute to Cyprus’ continuous development as a competitive international financial, tourist, retirement and relocation centre.
  • The new EU regulation on general data protection 2016/679 (“GDPR”)

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  • Notional Interest deduction 11/17

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  • Cyprus: Changes To The Inheritance Process Under European Succession Regulation 650/2012

    The growing importance of cross border successions within the European Union and the difficulties and complications resulting from the diversity of succession and private international law rules relating to succession, prompted the European Commission to examine the possibility of introducing a Regulation that would facilitate and streamline cross border successions.
  • A fight against corruption by the proposed introduction of Criminal Record Certificates for Companie

    Due to existing problems with regards to companies competing for the undertaking of public projects, on the 28 th  September 2015 the Cabinet decided to give an end to the scandals involving the squander of millions of public money by approving an amendment Bill, which would add to the conditions for public tenders, the requirement of providing a Criminal Record Certificate for legal entities. Until today, this was not required due to gaps and loopholes in the existing Law. Provided this Bill will be passed into Law by its publication at the Official Gazette of Cyprus, companies applying for public tender will be asked to produce a certificate that would show they have a clean criminal record.