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10 MYKINON STREET, 4TH FLOOR, NICOSIA, 1065, CYPRUS
Tel:
Work +357 22 210800
Email:
Web:
mamantopouloslaw.com

Charis Mamantopoulos, Managing Director

MD Charis Mamantopoulos gives an overview of his firm’s operation in Cyprus.

1) What do you see as the main points that differentiate Savvas Mamantopoulos & Partners LLC from your competitors?

Our law firm has 45 years of experience in legal areas, both litigation and corporate. We are a small law firm which means that clients will communicate with Senior Partners directly. We apply high standards of confidentiality and information security. We are in a position to guide, support and advise our clients in different areas of law such as contracts, civil, land, company, etc. As the firm is comprised of efficient and reliable lawyers of different educational backgrounds, we are capable of dealing with cases in all areas, as well as having our own specialized fields, with the aim of providing our clients with the best and most coherent legal advice and service.

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

Maintaining a high quality standard of service is our priority. We anticipate that legal support for acquiring Cyprus citizenship by investment will be an area with increased demand. Our law firm specializes in this program offering an A-Z service to interested clients. Additionally, support for tax planning is seen as a growth area and this is included in our area of expertise. We also strongly believe that in the future corporate litigation will generate a substantial amount of legal disputes requiring litigation services.

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

Keeping direct communication with our clients is the key to evaluating and supporting their needs. Our firm’s employs qualified and trained staff who treat our clients’ needs with high standards of professionalism. Confidentiality and preservation of our clients’ personal data and information is a constant priority along with our aim to provide a professional and efficient service culminating in the best possible result for our client.

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

In 2018 you cannot work without the assistance of technology. Through the years our law firm has constantly upgraded its technical assets in order to assist us in providing the fastest and most efficient service to our clients

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

We have experience in the law business in Cyprus since 1973 and, since that time, many changes have taken place. It is important to us to maintain the same high level of professionalism. Our staff are our assets and to which we invest.

Legal Developments in Cyprus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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.
  • Beneficial Ownership Concept - The approach of the Russian Federal Tax Service

    The beneficial ownership of the income concept (“the Concept”) is nowadays a material aspect affecting the eligibility of the taxpayers to claim treaty benefits.
  • MALTA - ICOs - THE NEW LEGISLATION (Updated 4th edition)

    Initial Coin Offering, known as “ICO”, is a relatively new phenomenon that has quickly become the main player in the Financial Services and Crowdfunding industries, as well as being the key subject of discussion in the Blockchain communities. In essence, it is one of the most advanced methods of raising finance from the public and is becoming increasingly popular to fundraise start-ups.
  • BVI'S NEW ECONOMIC SUBSTANCE LEGISLATION

    The British Virgin Islands are rushing to pass by the end of December the new economic substance legislation to avoid the EU’s blacklist of tax haven jurisdictions.
  • Security Token Offerings (STOs): The Future of Coin Offerings

    The term ICO has been at the epicentre of discussions in the FinTech industry, being the main method of fundraising used by startup companies to develop innovative ideas on the Blockchain technology or other applications using Distributed Ledger Technology (“DLT”).
  • The 'dark' side of the data room: disclosure dangers in M&A and finance transactions

    Given the corporate environment's ever-changing nature and business needs and the importance of data protection at the EU level, the topic of due diligence in M&A and financial transactions warrants examination. The disclosure, transfer and processing of data raises concerns at several stages of the due diligence process during a transaction and undoubtedly makes things more complicated.
  • Registered alternative investment funds – an overview

    Cyprus is fast becoming an international fund hub and a well-respected player in both the European and international fund industries.