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The firm: Mantis & Athinodorou LLC was established in 1979 by Penelope Athinodorou-Mantis, the first female lawyer in Paphos, Cyprus. The firm supported two key areas of practice: real estate and litigation. Through dedication, hard work and a positive outlook the firm is today one of the leading and most prominent institutions of its kind in Cyprus. As of 2010, the firm has morphed into a family-run business, through the addition of Penelope’s sons, Nicolas Mantis and Michael Mantis, as partners. This reinvigorated the firm and increased the capacity to introduce new services in the area of corporate and immigration law (ie procuring a Cyprus passport or residency).

The firm has nine lawyers, six paralegal and administrative staff and trains two lawyers every year.

Mantis & Athinodorou LLC prides itself on personalised services to clients and ensures that every new case is attended to by a partner.

Areas of practice: All of the business streams are led by a partner with specialist lawyers reporting to them.

Real estate – Penelope Athinodorou Mantis: buying a property or land with or without a title deed; selling a property or land with or without a title deed; trapped buyers.

Immigration – Michael Mantis: citizenship by investment; permanent and temporary residency; work permits.

Corporate – Michael Mantis: starting a company; maintaining a company; tax planning.

Wills and Administration – Penelope Athinodorou Mantis: making a will; administering a will.

Litigation – Nicholas Mantis: banking and finance; real estate and construction; company and commercial; family; employment; personal injury; insurance.

  • Number of lawyers: 9
  • Languages
  • English
  • Greek
  • Hindi
  • Russian
  • Member
  • Cyprus Bar Association
  • Pafos Bar Association
  • Cyprus Chamber of Commerce and Industry

Above material supplied by Mantis & Athinodorou LLC.

Legal Developments in Cyprus

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  • Supporting local and international charitable organizations

    As one of the leading law firms in Cyprus, we are active promoters and supporters of local economic growth by sponsoring local events, applying environmental-friendly practices, minimizing our ecological impact, and most importantly, by raising money for local charities and non-profit organizations.
  • Stricter supervision in relation to the Scheme for Naturalisation of Investors in Cyprus by Exceptio

    Recently there were a lot of publications within the European Union expressing concerns about the allegedly very high number of Cypriot passports being given to foreign investors the last few years. The Council of Ministers has decided on 9th January 2018 with the decision with number 84.069, to impose a stricter supervision of all the parties involved in the Scheme for the naturalisation of non-Cypriot investors in Cyprus by exception.
  • 19% VAT on Plots

    In order to harmonize the  Acquis Communautaire on the Taxation of untapped and undeveloped plots of land, the Cyprus Government enacted, on 03/11/2017, relevant legislation for the imposition of 19% Value Added Tax (VAT) on these properties, with a date of enforcement being 02/01/2018. The relevant legislation refers to plots/pieces of land offered and/or provided for construction for economic purposes.
  • Unfair contract terms

    The Unfair Contract Terms Law 93(1)/1996 (the “Law”) as amended, implements the EU Directive  93/13/EEC  of 5 April 1993 regime into national law. The objective of the aforementioned legislation is the protection of consumers in the European Union from unfair terms and conditions which might be included in a standard contract for goods and services they purchase. It introduces the notion of ‘good faith’ to avoid any significant imbalance in mutual rights and obligations.
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