Commercial, corporate and M&A in Cyprus

Antis Triantafyllides & Sons LLC

The 'very astute and responsive' team at Antis Triantafyllides & Sons LLC acts for underwriters and issuers on public and private security offerings and has expertise in acquisition and capital-raising transactions. Among other multi-jurisdictional work, the firm advised HeadHunter Group, Russia's leading online recruitment platform, on its $253m initial public offering. Practice head Stelios Triantafyllides leads a 'very knowledgeable' team that 'thinks of legal mechanisms and structures that solve complex problems'.

Practice head(s):

Stelios Triantafyllides


‘The team is proactive and they meet strict deadlines for closing a transaction which is very important taking into account that all our projects involve legal advisers from various jurisdictions (UK, Russia) which are top professionals and expect our Cyprus legal team and their deliverables to be of high quality.’

‘Antis Triantafyllidis & Sons has been acting as our corporate lawyers in Cyprus for most of our international industrial holdings (worth more than Euro 1 billion) for over 20 years. They are knowledgeable and professional, reliable, cooperative and available at short notice and practical in problem solving.’ 

‘The individuals at the firm are very knowledgeable, most of the with very strong academic qualifications, cooperative and always available when needed. Pleasant personalities as well.’

Key clients


Cyprus Chambers of Commerce and Industry

ENI Group

Hennes & Mauritz

NCH Group


Schlumberger Oil

Sibur (Cordiant Ltd)

Vostok Cement


Swissport International Ltd

Work highlights

  • Acted as local legal adviser of Hellenic Bank Public Company on the acquisition of certain assets and liabilities of €10.3bn, of the second largest bank in the country, the ex-Cyprus Cooperative Bank (“CCB”), involving mainly the performing banking business of the CCB.
  • Advising Cyprus Phassouri (Zakaki) (“CPZ”) on the development and operation of Europe’s largest integrated casino resort, together with four satellite casinos in Cyprus.
  • Assisted HeadHunter Group with the $253m initial public offering of its 18,750,000 American depositary shares.

Chrysses Demetriades & Co Law Office

Chrysses Demetriades & Co Law Office stands out for its ‘personal service combined with excellent legal knowledge'. The team handles a wide range of instructions in this practice area, namely advising clients on investment structures, corporate acquisitions, re-organisations, mergers, and shareholder agreements. Although the Chris Georghiades-led practice frequently acts for foreign clients, it has a strong presence in Cyprus on corporate matters. Key sectors include banking, insurance, healthcare, investment holdings, manufacturing, and transportation. Michaela Hadjihambi and Georgiades are noted for their ability to provide 'an impeccable service’.

Practice head(s):

Chris Georghiades


‘The firm’s approach in each assignment is distinctive and efficient. This firm is different than most of the other firms on the island mainly due to the fact that they have in house a wide range of expertise which means their clients can get advice on many aspects of any subject.’ 

‘The partners at the corporate and commercial department have a vast amount of expertise and knowledge (not just for Cyprus standards) which makes them almost unique in the Cyprus market.’ 

‘Personal service combined with excellent legal knowledge distinguishes the firm from others. Available any time.’ 

‘We cooperate mainly with Chris Georgiades and Michaella Hadjihambi, who have superior knowledge to rivals and provide an impeccable service.’ 

Key clients

Amathus Public Ltd

Olympia Group


Nest Investments (Holdings) Ltd

NBG Pangaea

Eurogate Cyprus

Columbia Marlow


Lanitis Group


Work highlights

  • Advised Columbia and Marlow on their merger, which resulted in the creation of one of the world’s largest ship management companies.
  • Acting for German Oncology Centre on the establishment of a private clinic specialising in the treatment of patients with cancer.
  • Advised Mirland PLC, one of the leading international residential and commercial property developers in Russia, on its shares listed on AIM and its bonds traded on the Tel Aviv Stock Exchange, with respect to a scheme of arrangement with bondholders, which inter alia, involved conversion of debt into equity, cancellation of trading on AIM and admission of trading on Tase.

Clerides, Anastassiou, Neophytou LLC

At Clerides, Anastassiou, Neophytou LLC, M&A dealmaker Andri Stylianou was promoted to the partnership and is now jointly heading the practice with ‘very competent’ large-scale project expert Effie Anastassiou and tax specialist Stavros Clerides. The team represents an almost exclusively foreign client base, spanning many sectors, on a whole host of instructions: acquisitions, mergers, financing transactions, and complex financial arrangements including derivatives and IP transactions. It also acts for clients on private equity and venture capital transactions, which represents a growing strand of the firm’s practice.

Key clients

Aviv Arlon

Vodafone Panafon Hellenic Telecommunications


GT Gettaxi Ltd

Bluehouse Investment Advisors

Skyland Petroleum

AFI Development


Argus Capitol Group


Work highlights

  • Advised Mohari on its acquisition of Thompson Hotel in Toronto.
  • Acted for Aviv on the sale of a retail park in Pančevo in Serbia
  • Advised Bluehouse on the acquisition of the shopping mall “Novodvorská Plaza” in Prague through the acquisition of Klépierre Praha, s.r.o .

Elias Neocleous & Co LLC

The combination of ‘commercial commonsense’ and ‘legal expertise’ at Elias Neocleous & Co LLC makes it a local go-to firm for large multinational companies seeking advice on corporate and commercial issues. The large, multispecialty team also receives instructions on mergers, acquisitions, restructurings, insolvencies, and corporate finance work, most of which are directed by foreign companies or international law firms. The firm most notably advised the The Blackstone Group International LLP on its €175,000,000 investment in Superbet, the Cypriot holding entity of a betting firm. The ‘excellent’ and ‘efficientElias Neocleous spearheads the practice. Other names to note are partner Demetris Roti and legal consultant Dimitris Papoutsis .

Practice head(s):

Elias Neocleous


‘I have been very impressed both by the combination of legal expertise but also commercial commonsense and applicability. The team is very nimble and proactive, and are always at the ready to find concrete solutions amendable to client needs and timing.’ 

‘Unsurprisingly, named partner Elias Neocleous is a real joy to work with, and a ballast for the firm. I have been pleased to work alongside collaborators of his such as Kyriaki Stinga, who have been most attentive re: client responsiveness.’ 

‘Michael Pelosi is to the point and offers practical and sound advice. Dimitris Papoutsis is very responsive and user friendly.’ 

‘Elina Kollatou and Elias Neocleous are excellent individuals; efficient and always pleasant to deal with.’

Key clients


Acer Inc

Acer Europe S.A 1


AER Rianta International cpt


Aphrodite Hills Resort

Avanti Communications Group plc

Bank of Cyprus

Blackstone Group International LLP



BW Shipping (formerly Bergesen Worldwide)


CNP Insurance

Daimler AG

Deutsche Bank AG

Deutsche Investitions- und Entwicklungsgesellschaft mbH


Futures Industries Association

Harvard Management Company Inc

Hellenic Bank

Huawei Technologies

International Finance Corporation

Jordan Kuwait Bank



Landmark Hotel, Nicosia

Limassol Marina

Lloyds of London

Mall of Cyprus

National Pangea Real Estate Investment Company

Nordea Bank

Oriflame Cosmetics

Qatar Mining Company

Pepperstone Group Limited

Radisson Hotels



Thomas Cook

Work highlights

  • Advised the Blackstone Group International Partnership in its investment in Superbet.
  • Advised the Zarenkov family in their disposal of their interests in Etalon Group PLC a publicly-traded diversified holding company having GDRs traded on the Main Market of the London Stock Exchange (LSE).
  • Advised Invel Real Estate Partners and NBG Pangaea REIC in respect of the acquisition and re-financing of the Aphrodite Hills Resort, one of the largest property developments and holiday resorts in Cyprus.


Demetris Loizides leads the team at Harneys, which is routinely instructed as local counsel for large multinational corporations navigating large acquisitions. The firm has expertise in stock exchange rules, squeeze-out provisions, mandatory takeover bids, and dual listings. The corporate side of the practice advises on all aspects of financial services law, the establishment of investment firms, and the impact of economic sanctions in Russia, the CIS and the Middle East. In addition to acting for multinationals, the group's client base also include private equity houses and investment funds. Nancy Erotocritou has a strong track record acting in capital markets, providing advice to listed companies on matters involving listing regulations, the Cyprus Securities and Exchange Commission, mandatory takeover rules, and mergers and acquisitions. Senior associate Sonia Hamshaw is another name to note.

Practice head(s):

Demetris Loizides

Key clients

The HMS Group

The LetterOne Group


Work highlights

  • Advised LetterOne Group on a multibillion-dollar intragroup restructuring.
  • Acted as Cyprus legal counsel on the high-profile merger of Transmashholding and LocoTech-Service LLC.

Dr K Chrysostomides & Co LLC

Dr K Chrysostomides & Co LLC's practice handles a broad range of instructions in this space, and is particularly active on mergers, purchases and sales of assets and businesses, due diligence, purchases and sales of securities, joint ventures, and transfers of corporate seats. Alongside the transactional work, the firm offers advice on corporate governance and directors’ responsibilities and corporate regulations. Its clients primarily operate in the financial, infrastructure, telecoms, technology, energy, cosmetics, transport, agriculture, and life sciences sectors. The group acted for USB Bank on the sale of its banking business to Astrobank. The highly regarded Chryso Pitsilli-Dekatris and Kypros Chrysostomides head the practice. Nicoletta Kouvara Pantelides primarily acts on complex mergers and acquisitions, where she specialises in drafting joint venture agreements and purchase agreements. Another name to note is senior associate Artemis Amalia Metaxa.


‘The highly-professional team provides a wide range of services, including day-to-day corporate law services and legal opinions.’

‘Firm has a quick response time for inquiries, and is always willing to accommodate and cooperate. Only best possible impressions from working with Anna Rossides, Eleni Shiarly and other team members.’ 

Key clients

Re- Pro Group

Monaco Telecom International SAM

Horizon capital

J&T Banka A.S.,

Weatherford International

Purcari Wineries Public Company Limited

Interbrew PLC

Sistema PJSFC,

The Estee Lauder Companies Inc. group

Work highlights

  • Acted for Monaco Telecom International SAM on its acquisition of MTN Cyprus.
  • Advised J&T Banka on a financing and joint venture transaction totalling $250m.
  • Advised a client on its €5m acquisition of a group of companies involved in the construction and operation of photovoltaic parks.

Christodoulos G. Vassiliades & Co. LLC

Christodoulos G. Vassiliades & Co. LLC ‘has very strong expertise in all corporate law matters, meets agreed deadlines and terms, and is very client-oriented and supportive’. It handles shareholder agreement and M&A, and is frequently instructed to carry out extensive due diligence checks on corporate structures. Michalis Pittakis, Koulla Demetriou, and the experienced Christodoulos G. Vassiliades lead the robust practice, which is known for providing ‘comprehensive solutions’ to cross-border transactions. Advocate Suzana Foradari is also recommended.


‘The team has a very strong expertise in all corporate law matters, meets agreed deadlines and terms, very client-oriented and supportive, and – what is also important – their fees are rational.’ 

‘A very smart response to inquiries, as well as accurate, extremely clear answers, make the company’s specialists different from others. In addition to simple answers, they always provide a comprehensive solution to the issues, which greatly facilitates the solution of the problems of our company.’ 

‘Michalis Pittakis is very professional. He suggests very good and non-standard solutions to the requests of clients.’ 

‘A talented and versatile team. Extremely knowledgeable and responsive. Impressive depth of experience and international reach by virtue of their inclusion in the Interlaw global network.’ 

‘Christodoulos Vassiliades is a legend in Cyprus and has invaluable insights, contacts, and experience. Sanela Trzin is an excellent lawyer – bright, responsive and a creative thinker.’ 

‘The Firm offers a reliable and prompt advice on corporate-related matters of Cypriot law. In working on joint mandates, we found it to be a very satisfactory value-for-money service.’ 

‘Christodoulos G. Vassiliades & Co. LLC is a team of professionals with a high level of practical experience and deep knowledge in the field of international corporate law

‘Koulla Demetriou, Katerina Berou and Suzana Foradari are recommended as highly professional with excellent understanding of all legal matters related to the day to day management and administration of a significant number of corporate clients from different jurisdictions.’ 

Work highlights

  • Advised a client on the acquisition of shares and a merger regarding a project of apartments in Germany
  • Assisted a client with the incorporation of a branch in Cyprus.

George Y Yiangou LLC

The ‘robust’ practice at George Y Yiangou LLC regularly receives instructions from banking and real estate clients from overseas on high-value transactions. Chris Yiangou leads the practice, which provides advice on joint venture agreement restructurings and shareholder agreements, produces corporate due diligence reports, and advises on the proposed public offerings of Cypriot holding companies on global stock exchanges. Lory Cirstea, the firm’s international project manager, has ‘a deep knowledge of local law’.

Practice head(s):

Chris Yiangou; Lory Cirstea


‘The M&A practice is robust with deep knowledge of local law.’ 

‘Lory Cirstea has deep knowledge of local law and offers practical solutions to client’s questions.’ 

‘George Y. Yiangou LLC is a high quality team of professionals and a first choice to consider to any firm.’ 

‘Lory Cristea is one of the best and most reliable sources of professional assistance and support in Cyprus.’ 

Key clients


Sberbank of Russia

Sberbank CIB

AO “Alfa-Bank”

Work highlights

  • Advised on the restructuring of a Cyprus holding company by a court-approved scheme of arrangement which provided for, among others, the Cyprus holding company’s assets being transferred to two newly formed Cyprus companies.
  • Advising VTB Bank on the acquisition of a majority stake in Vozrozhdenie Bank.

Ioannides Demetriou LLC

Share sales, acquisitions, joint venture structuring, corporate matters, and financial restructuring are among the key areas of expertise at Ioannides Demetriou LLC, which 'has proven to be a reliable partner in assisting with complex, urgent transactions and legal issues’ in Cyprus. The ‘very well-respected’ firm advises private companies and public bodies on a range of matters, with considerable experience handling corporate issues. Pambos Ioannides, Andrew Demetriou, and Christina Ioannidou head the team. Associate director Zoe Christou is another highly regarded practitioner in this space, with experience in the drafting and implementation of high-value acquisitions, asset disposals, cross-border mergers and re-domiciliations.


‘Mr Pambos Ioannides and Ms Christina Ioannidou offer a professional service and the advice I get is always of high calibre, prompt, reliable and well documented.’ 

‘Katerina Hadjichristophi has a thorough understanding of the business, and we witnessed her tenacity in dealing with external parties to achieve our goals.’

‘Ioannides Demetriou LLC is an exceptional firm. It has proven to be a reliable partner in assisting complex and urgent transactions and legal issues.’ 

‘Christina Ioannidou, Katerina Hadjichristofi and Christiana Konteati are highly recommended and highly versed in complex and challenging legal issues. The aforementioned legal advisers are professionals who are always accessible with in depth knowledge of the Cyprus and European legal framework.’ 

‘Pambos Ioannides is extremely knowledgeable and provides very high quality advice.’ 

‘We have worked with Ioannides Demetriou LLC since it was formed due to the quality, reputation and experience of the lawyers of the firm. It comprises outstanding, knowledgeable and efficient members. The practice is well-known and very well-respected in the legal sector in Cyprus.’ 

Key clients

Cybarco Ltd

European Agency for Special Needs and Inclusive Education

Frederick University

Cyprus Health Insurance Organisation

NKS Shacolas Group

Hermes Airports Ltd

Louis Group

Petrolina Holdings Public Co Ltd

MTN Group

The Cyprus Tourism Development Company Public Co Ltd (Hilton Cyprus)

Electricity Authority of Cyprus

The Cyprus Stock Exchange

Cyprus Agricultural Payments Organisation

CNP Cyprus Insurance Holdings Ltd

Hellas Direct Insurance Ltd

Eurosure Insurance Company Ltd

Grant Thornton

Work highlights

  • Acted for Louis plc on the sale of its shareholding in the owning company of Cyprus Hilton Hotel.
  • Advised HD Insurance on the successful round B financing led by IFC, member of the World Bank.
  • Assisting Cybarco group with its corporate and commercial transactions, joint ventures, and sales, including in relation to land development projects in Limassol.


KINANIS LLC 's practice has ‘vast experience in mergers and acquisitions, due diligence, and restructuring’, and a ‘dedicated and experienced’ corporate team. It specialises in share purchase and sale transactions, as well as loan agreements. Christos Kinanis heads the practice alongside Nanette Kalava, who was recently promoted. ‘Diligent’ senior associate Andrea Ioakim is another name to note.

Practice head(s):

Nanette Kalava; Christos Kinanis


‘The practice is one of the most efficient law firms that we have been working with in this region. They have been successfully providing services to our firm and to our clients on a highly professional level for almost 30 years ensuring not only an excellent quality of legal advice but also perfect administrative backup where it was required.’

‘Mr. Christos P .Kinanis has a perfect practical knowledge of corporate law, not only Cyprus but of corporate laws of other jurisdictions where our clients have companies or affiliated structures. His expertise is perfectly complemented by his expertise in the most recent developments in international taxation which makes advice provided by him extremely valuable.’

‘The professionalism, quality of work and speed of response is exceptional.’

‘Maria Makridou and Andrea Ioakim both excel with strong relationships, a professional attitude and a keen willingness to assist.’

‘Commercial, corporate and M&A is one of the key practices of Kinanis LLC. They offer a highly qualified legal support to companies’ corporate activities and conduct various projects in this field. Namely they have vast experience in mergers and acquisitions, due dilligence, and restructuring. Their dedicated and experienced corporate legal team provides prompt and solid corporate advice to the local and international investors, even on short notice.’

‘Kinanis LLC team consist of dedicated professionals who work in a friendly and supportive environment where everyone’s contribution is valued. Stand-out lawers are: Natalie Petrides, Christos P. Kinanis, Andri Michael.’

‘Andri Michael is outstanding legal counsel with vast years of experience, understanding of a nature of the matter and scrupulously dealing with legal and administrative matters. Andrea Ioakim from the corporate division is a very pleasant, dilligent individual with true attention to every request coming from our company.’

‘Kinanis LLC excels for its built-in professional attitude and trustworthy environment.’

‘Mr. Christos Kinanis’s willingness to effectively address the client’s needs and successfully confront various challenges makes him stand out. Ms. Natalie Petrides is also a very valuable asset of Kinanis LLC. She is result-oriented, energetic, professional, ambitious, and has a perfect understanding of the clients needs.’

‘The team is strong in the the following business transactions: share purchase and sale transactions; mergers and acquisitions of the assets  and businesses; arrangements of pledges and other collaterals as a part of complex or as a standalone transactions; loan financing; bridge loan or any other structured loan-convertible-to-capital transactions.’

‘The firm’s corporate team advises for many aspects of international corporate, tax and finance structuring.’


Michael Kyprianou & Co. LLC

Tonia Antoniou and the ‘exceptionalLambros Soteriou jointly lead the practice at Michael Kyprianou & Co. LLC, which receives instructions in sectors ranging from finance, healthcare, software, transport, infrastructure, and food and beverages. It routinely advises clients – many of which are referred by international law firms – on matters relating to their operations, from corporate structures and commercial agreements to privacy and employment law. Restructuring, share capital issues, debt re-organisations, and re-domiciliations make up the rest of its workload. Senior associate Ioanna Solomou is also noted.

Practice head(s):

Tonia Antoniou; Lambros Soteriou


‘Lambros Soteriou is an exceptional lawyer.’ 

‘Due to their extensive knowledge, contacts and know-how, I was taken care of in the field of financial trading. The last three years I have been working in the real estate investment in Cyprus and here again Mr Lambros Soteriou and another team of his are helping me out. I am very pleased with the firm and have not been looking for alternate counselling.’

‘They take time to get to know their clients’ needs and goals and work with them to achieve those legal goals. Good knowledge and experience of the sector. Realistic approach. Very capable of meeting tight deadlines.’

‘Ioanna Solomou is a very approachable lawyer who provides sound, realistic advice. She has a wealth of knowledge and experience and can be flexible in her approach to an issue to take into account a client’s evolving requirements.’

‘Attorney Kyriakos Constantinou is really quick with giving answers; he is really friendly and helpful and doesn’t mind clarifying things multiple time if needed.’

Key clients



Mitsubishi Motors

Mila S.A.


Milliplay Limited

Work highlights

  • Advising Xtrade Europe on ongoing corporate and commercial matters.
  • Advising Milliplay on daily issues including a recent restructuring.
  • Assisted Tempo Beverages with acquiring Fereos Fourpoint Distribution.

Mouaimis & Mouaimis LLC

At Mouaimis & Mouaimis LLC, referrals from international law firms counts for a significant part of its work. Panayotis Mouaimis and Michalis P. Mouaimis jointly lead the ‘efficient’ practice, which acts for domestic and international clients on an array of work: corporate reorganisations, the purchase of assets or corporate entities, liquidations of Cypriot entities, amendments to security documentation, amendments to shareholding structure, as well as advice on the corporate and tax aspects of international finance transactions. Clients span the real estate, financial services, manufacturing, maritime, and food sectors.


‘We received the requested advice from all levels of management and were happy with the outcome of their services. They were efficient and always available to give the appropriate advice and knowledge of what was required.’ 

Key clients

Dun and Bradstreet

McCormick & Company, Inc.

Stratus Technologies Inc.

Bayer Middle East FZE

Interpipe Limited

International Finance Corporation

European Bank for Reconstruction and Development

PJSC Myronivsky Hliboproduct / MHP SE

Wallem Group Limited

Work highlights

  • Acting as local counsel for MHP Group on the merger of two Cyprus companies of the group into another group holding company.
  • Assisting an international ship management group of companies with the establishment of a Cyprus shipping management company.
  • Advising a US-based food company on its corporate re-organisation relating to Cyprus.

Patrikios Pavlou & Associates LLC

Patrikios Pavlou & Associates LLC has expertise advising on acquisitions, cross-border mergers, reorganisations, and shareholder agreements. In addition, the firm also handles share purchases and sales, aircraft regulatory matters, and ship registrations. Stavros Pavlou and Lia Iordanou Theodoulou are key contacts within the practice, which is commended for being 'able to offer legal advice in any sphere’. Stella Strati is another key practitioner; she manages clients' day-to-day requests ‘promptly and efficiently’ and is ‘easily available for communication’ at short notice.


‘Patrikios Pavlou & Associates LLC is a large firm, so it is able to offer legal advice in any sphere. Stella Strati is able to coordinate with other lawyers in order to give us the best specialist in those specific matters we are interested in.’ 

‘Mrs. Stella Strati is a great partner, who manages our day-to-day requests promptly and efficiently. She is easily available for communication, including meetings with a short notice, what is always very convenient when urgent corporate actions are planned. Mr. Stavros Pavlou is also helps us a lot what strategic decisions are necessary.’ 

‘Always ready to go the extra mile to make sure the client is fully satisfied.’ 

Key clients

Gazprombank JSC

Raifaisen Informatik GmbH

LSR Group


Circle Maritime

Summit Trust International

Newtech Services Holding Limited




Gazprombank International S.A

European Bank EBRD

Work highlights

  • Advising Gazprombank on a business flights services agreement.
  • Assisted a leading aluminium producer with the local merger of three entities.
  • Advised an international oilfield services company on two major projects including the incorporation of an employee stock award plan and the setting up of a joint venture with a Saudi Arabian company.


The team at STELIOS AMERICANOS & CO LLC has expertise in advising firms on ‘everyday questions to complex deals involving escrow, pledges, M&A, and the restructuring of deals’. It has a particularly strong track record acting on cross-border M&A, especially in the real estate, tourism, and energy sectors. In 2019, the firm acquired local firm Charis Savvides & Co LLC, a move which has augmented the team’s strengths in this area. Stelios Americanos (‘a superb lawyer who knows how to get the job done’) and Michalis Zambyrinis (‘pays attention to details and provides accurate and easy-to-understand advice on even the most complicated issues’) are names to note.


‘Partners are always available 24/7. They are hands on and not merely supervising, which has an excellent impact on the quality of the transaction.’ 

‘Michlalis Zambyrinis, with whom we have worked together is diligent, pays attention to the details and provides accurate and easy-to-understand advice on even on the most complicated issues.’

‘We’ve been working with Stelios Americanos & Co LLC: from everyday questions to complex deals involving escrow, pledges, M&A, and the structuring of deals etc. Despite the size and amount we’ve been always receiving the best advice – always prompt, always very professional, always the best choice for the client.’ 

‘I prefer to work with either Stelios Americanos or with Juliana Kyriakides. Both are very professional, always reply the same day so I can rely on getting feedback in time. Their deep knowledge combined with the firm’s wide practice is a killing combo fitting all of our needs.’

‘Excellent legal practice with an understanding of the commercial aspects underpinning transactions. High responsiveness and intelligent advice.’

‘Stelios Americanos is a superb lawyer who knows how to get a deal done. He is able to advise clients both on the legal implications of any actions, as well as the local market regulatory and commercial ecosystem.’ 

Key clients









Diamond Group


Olympic Capital

ClassOne Ltd

K. Athienitis Contractors Developers Public Ltd


PAP Medical

B2 Kapital

Green Olive Firms

Work highlights

  • Acting for Transocean on acquiring all shares in Songa Offshore SE, a company whose shares are listed on Oslo Stock Exchange, total value $1.2bn.
  • Advising M21 and Tri Media on a €16m bond issue
  • Set up the structure and drafting necessary documents for the funding of a loan portfolio acquisition by Vnestorbank in Ukraine.

AGP Law Firm | A.G. Paphitis & Co. LLC

AGP Law Firm | A.G. Paphitis & Co. LLC’s practice handles a broad range of instructions, including share purchase and sales, shareholder agreements, acquisitions, corporate structuring, escrow services, loan re-organisation, and re-domiciliation. Clients span several sectors, and the firm has recently seen an increase in transactions. ‘Great leaderAngelos Paphitis and the ‘excellent and experiencedMargarita Sofokleous lead the practice, which draws praise for having ‘a solid corporate advisory team’ where ‘people complement each other’. Maria Hinni – ‘a very committed professional with sound industry knowledge’ – joined the firm as a senior associate from her solo practice, a move that has bolstered the team’s corporate and commercial law credentials.


‘Having used their corporate and commercial services we have come to realize how good and strong a corporate department the firm has. They have a solid corporate advisory team; their people complement each other, and I think that’s what makes it work, a team of experience, good knowledge and one completes the other.’

‘Angelos Paphitis is who you go to if you want results. Margarita Sofokleous is another excellent and experienced lawyer, as well as Maria Hinni. AGP is quite different than other firms as you get results but you are also treated with respect and given a high-end service at the same time.’

‘Angelos Paphitis, a highly educated corporate advocate, is a great leader of the firm. Christiana Constantinou has also been very helpful in all aspects.’

‘We have been working with AGP for about ten years now and I could not be more satisfied with the team as well as the services provided. They have a very strong team, well coordinated with deep professional expertise, knowledgeable and commercially minded.’ 

‘They have a very strong corporate team – always strict with deadlines, thorough, hardworking and efficient. Angelos Paphitis is a person with a know how attitude, with a great depth of knowledge, and always ensures a top standard of service. Margarita Sofokleous is a highly intelligent corporate advocate as well as Maria Hinni, a very committed professional with sound industry knowledge.’ 

‘The firm demonstrates a real commitment to their clients and have an excellent work ethic. The law firm has a highly skilled and experienced team. They have been able to meet and exceed my expectations.’

Key clients

Haxus Ltd


Forbes & Manhattan Ukraine

VS Energy International

Pocketbook Holdings Ltd


KPMG Audit Firm (Spain)

Evolve Private Equity Fund ltd


Sergey Mayzus

Roi Collective

Metaquotes Ltd

Work highlights

  • Acting for Weezzo, an electronic money institution situated in Cyprus, on ongoing corporate structuring, company law advisory and corporate governance support matters.
  • Advising Forbes & Manhattan on company law, corporate structuring and tax support.
  • Assisting Vies Energy with company law, corporate structuring and tax support.

Andreas Coucounis & Co LLC

Dimitria Coucouni-Andreou leads the team at Andreas Coucounis & Co LLC, which is active in advising a combination of foreign and domestic clients on corporate matters. Insolvency, share sales, restructuring, and shareholder-related transactions, as well as day-to-day corporate advice, are among its key areas of strength. It acts for a number of clients drawn from the pharmaceutical, fisheries, financial services, and real estate sectors.

Practice head(s):

Dimitria Coucouni

Work highlights

  • Advised C. A. Papaellinas,  pharmaceutical, consumer and beauty products importer, distributor and retailer, on a number of corporate matters relating to its distribution agreements.
  • Assisted an Irish-owned Cypriot company with various debt settlement arrangements, involving the sale of shares and part payment of debt in full discharge of outstanding loans and a series of loan forgiveness settlements
  • Advised an Italian fisheries company on establishing a joint venture company with a local Cypriot fisheries company.

CA Advocates (Pourgoura & Aspri LLC)

Boutique firm CA Advocates (Pourgoura & Aspri LLC) has ‘very strong capabilities’ when handling corporate and financing matters. The 'experienced' pairing of Alexia Aspri and Celia Pougoura spearhead a team that works across real estate, finance, agriculture, and energy sectors, acting for clients on cross-border mergers, joint ventures, acquisitions, project financing, and shareholder issues.

Practice head(s):

Alexia Aspri; Celia Pourgoura


‘CA Advocates (Pourgoura & Aspri LLC)’s team has unique strengths and key capabilities. They are always up to date and very thorough. The advice we receive is practical and to the point, and they always look out for our business best interest.’

‘The staff are extremely helpful and responsive to all questions and concerns. They are very polite and professional, handling with care all of our requests.’ 

‘Celia Pourgoura is a competent lawyer with experience, giving wise advice in stressful and urgent situations.’ 

‘CA Advocates team has a very practical approach, with very strong capabilities in corporate and financing issues.’ 

‘Celia Pourgoura is a real leader of the firm in building up the relationship and contacts with very proactive approach to difficult and non-standard problems. Alexia Aspri has deep knowledge of the law and supports the firm in preparation of extensive complicated memos on various corporate topics.’ 

‘What makes this practice unique is the immediate response, kindness, as well as the professionalism.’ 

‘Their efficiency in helping clients conclude deals, their common sense, their very good knowledge of the European legislation and directives particularly in the area of financial services.’ 

‘Alexia Aspri is super friendly and super clever, finding solutions on the spot to conclude deals in a fair manner and doing it with a smile. Alexia is always available on the phone to immediately provide an opinion, which is not very common with good and senior lawyers.’ 

‘CA Advocates team members are quick, efficient and effective in a very professional manner. They possess a remarkably in depth knowledge of their object, with a very commercial approach to their clients’ needs.’ 

‘Alexia Aspri has an excellent commercial sense and her main objective is to close deals efficiently.’

Deloitte Legal | Hadjianastassiou, Ioannides LLC

At Deloitte Legal | Hadjianastassiou, Ioannides LLC, the commercial, corporate and M&A practice advises mostly international clients on an array of matters: mergers, re-organisations, acquisitions, employee schemes, share purchases, as well as on general day-to-day corporate issues. Practice heads Kypros Ioannides, Gaston Hadjianastassiou and the highly regarded Andreas Thoma, along with senior manager Natalie Kyprianou, are key contacts at the practice, which ‘works closely with colleagues from other teams to give more comprehensive advice’ and concentrates on ‘finding a practical solution for legal issues'.


‘The team is always prompt to reply, clear and very practical in its advice. The team concentrates on finding a practical solution for legal issues, rather than being focused on the interpretation of the law and theory only. The commercial, corporate and M&A team works closely with colleagues from other teams to give more comprehensive advice.’

‘Andreas Thoma was available throughout the project and clearly led the team, rather than leaving it to more junior team members.’

Key clients

Abacus Limited

Abris Capital Partners


Alfa Capital Holdings (Cyprus) Limited

Alpha Television Cyprus Limited

A. Panayides Contracting Limited

Astro Bank Ltd

Bank of Cyprus

Bank of Scotland plc/ Lloyds Banking Group


CEE Equity Partners

Commercial Estates Group Limited

National Bank of Greece (Cyprus) Ltd

GQS Services Limited

Lanitis Bros Limited (Coca cola Hellenic Group)

Latomia Pharmakas Dimosia Etaireia Ltd

Ministry of Energy, Commerce and Industry of the Republic of Cyprus

Ministry of Finance of the Republic of Cyprus

Nice Day Developments Limited

Work highlights

  • Advising Playtech Services (Cyprus) on the restructuring of the Cypriot entities of the group for the purposes of a larger group restructuring.  
  • Assisting with a domestic merger of the Oxnard Enterprises Limited’s group companies.
  • Advising a client on setting up a share option plan for the employees of the client’s group.

Michael Damianos & Co LLC

The ‘exceptionalMichael Damianos leads a team at Michael Damianos & Co LLC that specialises in acquisitions, most of which originate overseas. Restructurings and joint ventures constitute the remainder of the firm’s workload, with the vast majority of the its work emanating from referrals from international law firms.

Practice head(s):

Michael Damianos


‘Micheal Daminos is an exceptional lawyer.’ 

‘Michael Damianos is an excellent lawyer. He’s very professional and particularly strong in drafting commercial agreements.’

Key clients

Akin Gump Strauss Hauer & Feld

CMS Cameron McKenna

Bird & Bird LLP

Linklaters LLP

Dentons Watson Farley & Williams

Asters Law Firm (Ukraine)

Hogan Lovells LLP

Simmons & Simmons LLP

Resolute Asset Management LLP

European Bank for Reconstruction and Development

Work highlights

  • Acted as Cyprus counsel for LLC “NPO “Altair”, a member of Aeon Corporation, on the acquisition of Fincraft Holdings Limited (a Cypriot entity).
  • Advised a client on the acquisition of one of the largest property, project management and real estate agency companies in the country.
  • Advised a Russian investment company on a debt and equity restructuring.


PYRGOU VAKIS LAW FIRM focuses on share purchases, loan agreements, debt restructuring, and mergers, usually for clients in the banking and finance sector. Melina Pyrgou, Demetris Vakis, and Georgia Papa, who is praised for her ‘experience and a strong understanding of the issues’, jointly head the practice.


‘I worked with Pyrgou Vakis on a complicated restructuring deal of our client where Cypriot law was involved. Without needing any long explanation, their M&A team understood the deal, what the client wants to achieve and how to achieve it.’ 

‘Georgia Papa has experience and a strong understanding of the issues. There was never a need to explain something in detail. She always got the point and provided a solution.’

‘People from Pyrgou Vakis are all professionals who are flexible, friendly, helpful and patient.’

‘The team is comprised of great individuals that have immense knowledge in their field of practice.’ 

‘We have worked with Demetris Vakis and Despo Andreou, who have both been next to us in any time of need and are proactive in many matters. They are both top professionals in the field, always on time, have shown amazing knowledge in what they do.’ 

‘Their practice is unique in every single way making the client feel protected and supported at all times. Partners and lawyers are friendly and at hand making the client feel important and looked after.’ 

‘The firm’s friendship, courtesy, knowledge and honesty have become very important to us during our day to day cooperation. Pyrgou Vakis LLC is a Law Firm with a rare combination: they consistently exhibit great skill and knowledge with a friendly, direct approach. Their staff are always personable and of high integrity.

A.G Erotocritou LLC

A.G Erotocritou LLC is 'involved in many large-scale projects’ and the team provides a ‘personal service’. The group focuses on restructurings and shareholder agreements, as well as handling wider corporate and commercial matters. Clients stem from the food and drink, agriculture, and real estate sectors. Practice head Alexis Erotocritou’s ‘experience in corporate finance work is indisputable’.

Practice head(s):

Alexis Erotocritou


‘Alexis Erotocritou heads up the corporate team at the firm. His knowledge and experience in corporate finance are indisputable.’

‘The firm is involved in many large-scale projects in Cyprus. They can lead any project no matter how complex. They provide a personal service and any referral can feel safe about the quality.’ 

‘Alexis Erotocritou – one of the best lawyers in Cyprus in this sphere.’

‘Highly professional team with great experience in Cyprus and English corporate law issues. They can effectively solve all legal issues. Standards of work comply with international law firms standards. ‘ 

‘Alexis Erotocritou is brilliant in corporate law and M&A. He assisted during a complex international debt restructuring project and helped to solve difficult legal problems at the interface between Cyprus, UK and BVI law.’

Key clients


Cyprus Shipping Association

Asian Pacific Bank

Rezidor Group (Radisson Hotels)

Raiffeisen Bank


RPT Group




Work highlights

  • Advised a major shareholder of a large dairy manufacturing company on a restructuring process and advised the client on all the financial and corporate aspects of its proposed restructuring.
  • Instructed by the Cypriot Ministry of Finance to carry out an extensive large-scale due diligence exercise of OPAP (Cyprus).
  • Advised Asia Pacific Bank and various other entities and companies within the group on a restructuring initiative within the group, which owns a variety of substantial assets.

Alexandros Economou LLC

Deal makerAlexandros Economou leads the team at Alexandros Economou LLC, which handles corporate restructurings, cross-border mergers, acquisitions, joint ventures, real estate transactions, and corporate insolvency work. The practice provides ‘impeccable’ and ‘goal-oriented’ advice to a predominantly foreign client roster. Associate Maria Katsikidou is highly regarded in this space.

Practice head(s):

Alexandros Economou


‘The team is always there for you; you can count on their legal and commercial support, which is impeccable. You don’t meet such professionalism very often in Cyprus.’

‘A solid team that makes it a point to know every little thing about both the project at hand and the parties involved. Never seen such commitment and dedication in any other firm.’

‘I am comfortable that no matter how difficult a project or situation is, Alexandros will always find a solution. He is a deal-maker and this is the philosophy of the firm.’

‘I would single out the commercial mind of Electra Theodorou, who I have no doubt will sooner than later become one of the best commercial lawyers in Cyprus. Maria Katsikidou is already one of the best when it comes to corporate matters and in particular Cyprus companies law.’ 

‘Alexandros Economou is the person to go to with a complicated Cyprus law question. His team (Maria Katsikidou, Electra Theodorou and Chryso Antoniou) are great lawyers. The team is very friendly, they always support each other, therefore, work with Economou LLC always runs smoothly.’ 

‘I highly value the professional approach of this team, which is always goal-oriented and provides the required advice in a swift and comprehensive manner. They are exceptionally dedicated and always understand the legal needs of the client and accommodate in an excellent manner.’

Work highlights

  • Advised a major real estate investment group in Romania (structured through Cyprus) on the sale of multiple assets of the group in Romania.
  • Advised a Polish group of companies on the expedient dissolution of a Cypriot company in the group, which was under a voluntary liquidation.
  • Advised a major international investment group on the acquisition of a sports betting group.

Antoniou McCollum & Co. LLC

The team at Antoniou McCollum & Co. LLC is ‘highly responsive, commercially minded and proactive’ and acts for multinational corporations in the consumer goods and IT sectors, and assists global private equity funds with a range of corporate and commercial mandates. The ‘dedicatedChristina McCollum heads up the practice, while Anastasios A. Antoniou attracts praise for his ‘in-depth knowledge of the practice area’ and ‘ability to provide spherical analyses’.

Practice head(s):

Christina McCollum


‘Absolute understanding of the subject they handled. Full guidance of the customer at all stages of the procedure. Perfect coordination among the members of the firm within the procedure.’

‘Mr. Antoniou, who handled our case, has in depth knowledge of the practice area. Always available to help and guide. Proactive and polite. Good listener and able to provide spherical analyses.’

‘The firm is highly responsive, commercial-minded and proactive.’

‘The two main partners – Antoniou and McCollum – are committed and dedicated individuals.’

Key clients



Schwarz Group


Fujitsu General

YNV Holding


Alleya Capital


Work highlights

  • Acted for APS on the acquisition from Hellenic Bank of a business unit for €2.5bn.
  • Advising Fujitsu General on its Cypriot commercial arrangements.
  • Advising Sainsbury’s on its Cypriot commercial arrangements.

George Z. Georgiou & Associates LLC

George Z. Georgiou & Associates LLC’s commercial work encompasses acting for private and public entities. The team provides advice to its predominantly local client base on structuring investments, acquisitions and reorganisations. Experienced corporate lawyer George Z Georgiou is highly regarded.

Practice head(s):

George Z Georgiou

Georgiades & Pelides

Georgiades & Pelides advises clients on a range of matters; joint venture transactions, commercial disputes including shareholder rights claims, directors’ duties matters and insolvency issues are among its key areas of expertise. Marcos Georgiades is a key contact.


KOUSHOS KORFIOTIS PAPACHARALAMBOUS LLC is particularly active in advising on the formation and administration of local companies, the establishment of trusts, joint venture structures, and the negotiation and drafting of shareholders’ agreements. It also has experience assisting clients with the structuring and financing of non-performing loan package acquisitions through direct financings and notes issuances. Practice co-heads Cleo K. Koushos-Cros and Coralia A. Papacharalambous are names to note.

Key clients

Aroundtown SA

Grandcity Property SA

Lukoil Group

Papadopoulos, Lycourgos & Co LLC

Doros Lycourgos leads the team at Papadopoulos, Lycourgos & Co LLC, which advises on a wide range of matters, including corporate reorganisations, joint ventures, share sales and the drafting and negotiation of complex commercial contracts. Its client base includes financial services companies as well as manufacturers. Antonis Karaolis is a name to note.

Practice head(s):

Doros Lycourgos

Key clients


Bank of Cyprus Public Company Limited

Nicosia Mall Holdings (NMH) Ltd

Peletico Limited

Work highlights

  • Advised a company on the acquisition of a minority interest in it by a leading provider of medical and diagnostic services in Central and Eastern Europe.
  • Represented a client in the finalisation of the construction of a major shopping mall as well as the licensing of the units within the mall.
  • Assisted with the due diligence process as part of the acquisition by doValue S.p.a. of Altamira Asset Management S.A..

Scordis, Papapetrou & Co LLC

Scordis, Papapetrou & Co LLC receives instructions from multinational corporations and international law firms on corporate transactions, and has 'experience managing cross-border deals'. Key areas of expertise include corporate and debt restructuring issues, mergers and shareholder agreements. The ‘very knowledgeableChristos Scordis and the highly regarded Constantinos Adamides are key practitioners.


‘The team at SCORDIS PAPAPETROU & Co LLC have taken their time and continually snap up the best legal lawyers when they become available on the Cyprus market, thus building a formidable group of experienced legal professionals.’ 

‘Every time Constantinos Adamides has been instructed by our firm, he has never let us down; he always comes up trumps and can only be described as a serial winner of cases.’ 

‘I find Christos Scordis to be very knowledgeable of Cypriot law and commercial issues.’ 

‘The team is well organised and has very detailed knowledge of the law and its particularities, putting it in a position to prepare custom-made, business-oriented solutions for its clients.’

‘The team has a deep knowledge of territorial matters and experience managing cross-border deals thanks to their contacts and network.’ 

Key clients

Parklane Hotels Limited

Integrated Casino Resorts Cyprus Ltd


High Tech Cloud Based software company

Samfar Group Russia

Demetra Investments Public Ltd

Zakaz Investments Limited

Work highlights

  • Completing a cross-border spin-off of a software project for Zakaz Investments, establishing a tailor-made employee reward scheme through share swaps and contributions, and advising on specific confidentiality and GDPR issues.
  • Advising Demetra Investment Public on its participation in the capital increase subscription agreement for the second largest financial institution in Cyprus.
  • Advising Integrated Casino Resorts Cyprus on regulatory and compliance issues relating to new casino gaming laws and regulations.

AMG Mylonas & Associates, LLC

Though occasionally instructed on mergers and restructurings, AMG Mylonas & Associates, LLC’s main source of work is acting as legal advisors for local clients on corporate and commercial matters. The team is led by the ‘detail-oriented, autonomous, adaptable and persistentAndreas Mylonas.

Practice head(s):

Andreas Mylonas


The team at AMG, led by Andreas Mylonas, is responsive, friendly and delivers a world-class corporate service.

Andreas Mylonas is an excellent lawyer and a leader, who always stands by his client’s side and guides his team to deliver results.

Significant strengths of the law firm are the timely response on the matters raised, the analytic explanation of the applicable legislation, and the identification of possible risks in the transactions discussed compared to other legal frameworks involved.

Deadlines are too important to us, and that is why follow-up of cases and respect of time frames are considered an asset. Gianna Panagi and Andreas Mylonas have an excellent consistency on that.

Andreas Mylonas is reliable, honest, confident, able to multitask, detail-oriented, autonomous, adaptable, and persistent. 

This firm offers immediate, bespoke support to clients which is much needed by each individual client.

Key clients

Intership Navigation Co Ltd

Tototheo Maritime ltd



Xpert advise ltd

B-Gas Limited

Unlimited Investments S.A.




Work highlights

  • Advised on the transfer of a company owning real estate properties and a restructuring.
  • Representing the buyers in the purchase of photovoltaic parks.
  • Advised on the acquisition of a vessel in Malta.

Athos Demetriou Associates LLC

Athos Demetriou Associates LLC has considerable experience in representing financial services clients. Acquisitions, corporate reorganisations and dissolutions are key areas of strength in which the firm provides ‘uncompromising, practical and cost-effective services’. Practice heads Athos Demetriou - ‘a key player in the investment services sector' - and Anna Skouri - commended for being ‘helpful and knowledgeable’ - are two names of note.

Practice head(s):

Athos Demetriou; Anna Skouri


The firm is very responsive, commercially-minded and are easy to work with. They provide excellent level of service and valuable assistance in M&A and corporate matters as well as regulatory matters.

Athos Demetriou is a key player in the investment services sector in Cyprus and he is very well regarded. He provides solid and high quality advice and does so promptly.

Anna Skouri is always helpful and knowledgeable.

They are committed to providing uncompromising, practical and cost-effective services, with personal approach, creativity and judgement maintaining high standards of professionalism.

Key clients

FxPro Financial Services Ltd

BDO Ziv Haft

IFCM Cyprus Ltd


K. Treppides &Co Ltd

Allen & Overy (Czech Republic) LLP

Nestor Nestor Diculescu Kingston


Mashav Energia

Mellius House of Companies

Urban View Development

Motortech Holdings Limited

FPL & Associates

Investors Compensation Fund

Venture Smart Financial Group

MAP Platis

Rodeler Limited

Work highlights

  • Represented IFCM CYPRUS LIMITED in its shareholding reorganisation and alteration of the share capital.
  • Assisting Mashav Last Mile Wind Limited regarding its restructuring and expansion of its service.
  • Advised on the restructuring of the shareholding structure of an administrative service provider, regulated by the Cyprus Securities and Exchange Commission.

Christos Patsalides L.L.C.

Led by seasoned corporate specialist Christos Patsalides, the team at Christos Patsalides L.L.C. provides ‘an exceptional service, with professionals who are always armed with the legal technical know-how, are easily accessible, and respond promptly to inquiries’. Key areas in which the team receives instructions include day-to-day corporate advice, loan restructuring and share agreements.

Practice head(s):

Christos Patsalides


The firm provides an exceptional service, with professionals who are always armed with the legal technical know-how, are easily accessible, and respond promptly to inquiries.

The team are professional, knowledgeable, prompt and friendly. Specific stand out partners are Christos Patsalides, Varteni Kasapian, and Kyriaki Violari.

Key clients







Mega Cross Pharmacy Services Ltd




Work highlights

  • Drafted various contracts on behalf of a client in the food and beverage sector, including for the sale and purchase of various premise.
  • Advised ELEMI TRADING LTD on commercial agreements for the import, distribution, advertisement and promotion of Attrativo and ALE clothes in Nicosia.
  • Represented George Petrou Ltd, a major pharmaceutical company, in litigation and corporate matters.

E & G Economides LLC

Marinella Kilikitas heads the practice at E & G Economides LLC, which offers 'clear and timely advice to clients across the globe’. The team acts for a broad range of clients, from multinational companies to high-net-worth individuals. It deals primarily with corporate and commercial contracts; shareholder agreements, share transfers, joint ventures, mergers and corporate reorganisations dominate the firm’s workload. ‘Strong personalitiesGeorge Economides, Klearchos Christofi and Virginia Adamidou are key contacts.

Practice head(s):

Marinella Kilikitas


E&G Economides LLC is a boutique law firm comprising a team of professional and well trained lawyers. Its size is suitable to maintain flexibility while at the same time having sufficient manpower to maintain the expertise to cope with complex legal issues.

Strong personalities (George Economides, Klearchos Christofi, Virginia Adamidou), that can lead their teams efficiently and effectively and get the job done in a timely and reliable manner.

The firm is a market leader in Cyprus, offering clear and timely advice to clients across the globe. They are approachable and service a diverse client base, from HNW to multinationals and leading law firms. Speed of service and clarity of advice stand out.

I found E&G Economides a very approachable firm and generous with their suggestions for structuring the Transactions we worked on. Advice was given in such away as it way easy for our Clients to understand and make their decisions.

I worked with George Economides and Marinella Kilikitas who I found inspired confidence and were experienced with dealing with the issues which arose.

Key clients

Oaktree Capital Management

Stolichnaya Trading Company

Joint Stock Financial Corporation SISTEMA

Cloudlayer8 Limited (Cl8)

Etalon Group Plc

Wiggin LLP

Forsters LLP

Clyde & Co LLP

Kennedy’s LLP

Ability Hotels and The Ability Group

Healy’s LLP

Kaiser Partner

Financial Advisers Ltd.

Work highlights

  • Advising a client on its operation agreements with various providers/end-clients.
  • Advised on all Cypriot corporate law aspects of a transaction including the sale and purchase of shares of the Cypriot holding company.
  • Provision of advice on the acquisition of shares in a Cyprus company affiliated with the client by a new Cyprus corporate entity.

E. Papandreou & Co LLC

E. Papandreou & Co LLC is highlighted for its ‘expertise in complex corporate structure and insolvency issues’, with particular strengths in cross-border mergers, re-domiciliation processes and commercial contract issues, including shareholder and sale purchase agreements. Experienced practice head Elena Papandreou is praised for her ability to ‘find solutions to almost any problem’.

Practice head(s):

Elena Papandreou


E Papandreou & Co LLC is a law firm with expertise in complex corporate structure and insolvency issues. The associates at E Papandreou & Co LLC are at all times available to provide solutions and handle each case on its own merits and based on the needs of its clients.

E Papandreou & Co LLC are top specialists in their domestic jurisdiction. Their approach is very client-oriented, cost-wise and business focused.

Elena Papandreou is a well-known professional in corporate and commercial issues. Elena is deeply concentrated on client’s needs and interests, and all of this coupled with her brilliant experience in the field allow her to give a client a precise analysis of the situation and very good assessment of risks.

Elena Papandreou has extensive experience working as a corporate lawyer. Elena is extremely responsive and provides first-rate advice. She can find solutions to almost any problem.

Elena Papandreou & Co LLC has in-depth knowledge of the legal sectors it is engaged with and provides legal advice customised to the client’s needs, always with a business-oriented approach. We appreciate the expertise, effectiveness and the punctual responsiveness.

The firm has an outstandingly dedicated and very knowledgeable associates team, which impresses in terms of its efficiency and responsiveness.

Key clients

Piraeus Bank SA Greece

Mestrolio Investments Limited

Hamilton Investment Fund

Bethpage Consulting Ltd


Staritem Investments PLC

Getrin Limited

Eurobank Cyprus Limited

Work highlights

  • Advised on the establishment of a licensed Cyprus externally managed Alternative Investment Fund with Limited Number of Persons.
  • Advising a client on the restructuring of the company.
  • Advising a client on the incorporation of a Cyprus Public Company and contemplated transactions.

Kaimakliotis LLC

The ‘uniquely practical’ and ‘proactive’ team at Kaimakliotis LLC receives a steady flow of instructions in which it acts as Cypriot counsel for international transactions, representing clients on complex cross-border M&A deals and general advisory work. The team is headed by ‘natural leaderPavlos Kaimakliotis, whose negotiation skills are ‘excellent’, and who is adept at finding ‘pragmatic and practical solutions' to corporate issues.

Practice head(s):

Pavlos Kaimakliotis


The team is quick, always available and produces a product of high quality.

Pavlos Kaimakliotis’ dedication, enthusiasm, and client-oriented approach make him a go-to lawyer for me on all matters related to Cypriot law.

Extremely responsive and proactive team headed by Pavlos Kaimakliotis really stands out when compared to other Cypriot firms when it comes to complex and uncommon projects.

Pavlos Kaimakliotis is a unique personality to the Cypriot legal market due to his commercial, thorough approach.

We are working with this firm because they are competent, efficient and tend to analyse issues from both legal and commercial sides.

The team is uniquely practical and commercial in their approach and also responsive and available 24/7.

Pavlos Kaimakliotis is the driving force and the natural leader in the department. He can look at a problem and find pragmatic and practical solutions to drive a transaction efficiently forward. His negotiation skills are also excellent.

They provide a wide range of services, including consultations on tax law and accounting issues.

Key clients

KAZ Minerals PLC


Alfa Group Russia

Sistema group

Providence Equity Partners

Orange Polska

Riverview Hotel

VTS Group

Linklaters LLP


DLA Piper

Reed Smith

International Capital Ukraine

Avellum Partners

Everlegal Law Firm

Morgan Lewis

Hogan Lovells


Irwin Mitchell

Elis Group

Work highlights

  • Advised KAZ Minerals on Cyprus law elements of the acquisition of the holding company of the Baimskaya Copper Project in the Chukotka region of Russia.
  • Advising a group of investors, including the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, on their acquisition of a 9.53% stake in Intergeo.
  • Advised a client on Cyprus law matters with respect to the acquisition of two leading Polish software companies.

Kannava, Kitromilidou & Co LLC

Kannava, Kitromilidou & Co LLC assists financial services clients on a range of corporate and M&A matters. The team’s ‘hands-on and down-to-earth approach is key in its competitive advantage against competitors’. Practice head Maria Kitromilidou and partner Maria Kannava receive strong praise.

Practice head(s):

Maria Kitromilidou


Maria Kitromilidou and Maria Kannava, as well as advocate Anna Mourouzidou, are extremely knowledgeable and experienced in all matters concerned. Timely responses to our needs made this team very different from other firms we were dealing with in Cyprus.

Takes great pride in being accessible, responsive and client focused. They are exceptional at what they do. Their in depth knowledge, as well as authentic character and ethos are outstanding and make business with them a true pleasure.

Kathryn Psillidou is a true professional with integrity and ethical values. She has the ability to draw reasonable, logical conclusions and assumptions from limited information which is essential for our business.’

The firm is perhaps one of the most exceptional and professional law firm in Cyprus. Their hands-on and down to earth approach is key in their competitive advantage against competitors. They respond fast to emails and provide workable solutions to all problems.

Both Mrs Kitromilidou and Mrs Kannava have very friendly, welcoming and problem-solving characters. Their politeness and diligence is very commendable.

Key clients

Opus Group









Work highlights

  • Assisted with a legal due diligence process and prepared all relevant subscription documents.

Soteris Pittas & Co L.L.C

Elizaveta Bokova and the ‘outstandingSoteris Pittas jointly head the ‘highly professional, client-oriented and extremely responsive’ team at Soteris Pittas & Co L.L.C, which specialises in assisting audit firms and private equity managers from Cyprus and overseas on corporate matters. This includes producing due diligence reports, issuing legal opinions and reviewing and drafting corporate documents, namely shareholders agreements, investment agreements, pledges and escrow agreements.

Practice head(s):

Soteris Pittas; Elizaveta Bokova


Highly professional, client-oriented and extremely responsive team.

Soteris Pittas and Antonis Alexopoulos have unique expertises.

Soteris Pitas is an outstanding professional capable of combining law firm management with hands-on client work.

Lisa Bokova is a very great addition to corporate, M&A and private client service groups who also speaks perfect Russian and can present complicated legal aspects in a very simple manner to Russian-speaking clients.

Key clients


Essar Group

Sberbank Premier

Aton Group




King & Spalding

Genotek LLC


King & Spalding

Aton Group

Work highlights

  • Advised a client on the acquisition by two Cyprus holding companies of one of the largest oil refineries in the Russian Federation.
  • Provided a client with a legal opinion and assisted with the review and drafting of the associated transaction documentation.
  • Advising a client on a hotel restructuring project.

Tornaritis Law Firm

Tornaritis Law Firm is active on a broad range of corporate-related matters, displaying a ‘comprehensive and extensive knowledge of Cypriot law and local regulations’. Due diligence, sale and purchase contracts, shareholder agreements and joint venture contracts are among the team's key areas of expertise. Practice head Alexandros Alexandrou is highly regarded.


They have an in-depth knowledge of the peculiarities of us as their client which simplifies things a lot. Their team is efficient and responds immediately to all queries and requests for action.

The team has a comprehensive and extensive knowledge of Cypriot law and local regulations. They respond very fast to all requests and are always polite and keen to help.

Key clients

Cyprus Popular Bank Public Co Ltd

Hellenic Bank Public Company Ltd

Lakatamia Municipality

Kypros Satellites Ltd

Planetsky Properties

BDO Cyprus

Quantuma UK & Cyprus

Nearchi Investments PLC

Fidescorp Limited

Semeli Hotel


Ellinas Finance Public Company Ltd

Delta Capital Partners Management LLC

WTE Wassertechnik GMBH

Logera Consulting Ltd

Ecommbx Ltd

Trockland Cyprus

Work highlights

  • Advises a financial institution on a wide range of Cyprus Law issues on a daily basis.
  • Advised a client on the application for an E-money Institution License.
  • Advised a client on its restructuring and in various deals entered into in Greece and Cyprus.

Varnavas Playbell & Co LLC

Share sales, commercial contracts and general advisory services form the cornerstone of Varnavas Playbell & Co LLC‘s growing practice. Varnavas Playbell, who leads the practice, is praised for being ‘very professional and knowledgeable about corporate law’; he advises a mixture of local and international clients.

Practice head(s):

Varnavas Playbell


Precise and knowledgeable with direct and personal service. 

Andrea Stefani is exceptional.

The attention to the client’s needs and requests are outstanding. The team has a broad knowledge in different fields in Cypriot law. This allows the law firm to offer high quality advice and a complete study of complex cases. 

Varnavas Playbell is very professional and knowledgeable about corporate law. He is understanding and made our work in Cyprus go very smoothly.

The best law firm around! Varnavas and his team are some of the most amazing, caring lawyers out there. I can’t say enough good things. Honest, reliable, professional, and get the job done. They helped me with two separate issues and did it fast.

The team of the corporate lawyers especially the managing partner Varnavas Playbell are always providing the necessary requested support promptly, on time and efficiently and have an excellent knowledge of the applicable legislation involved in the cases they are being asked to advise.

Varnavas is a very approachable and client oriented counsel. His advice has always been helpful and to the point. Very practical lawyer.

Key clients


David Bar-el Law Office

Elgin Group

Crowe (Cyprus)

Terkenlis S.A

Plugit Limited


X Global Markets Ltd

Deltamark Fund Managers

Zavos Group

ODYKY Road Assistance

Intertrust Group

Spartaserve Consulting

EPAM Russia

Work highlights

  • Advised a client on an acquisition of a licensed Cyprus Investment Firm, to continue European operations uninterrupted by potential Brexit consequences.
  • Advised on a joint venture between Terkenlis and local partner Qualifoods for the opening and operation of Terkenlis stores in Cyprus.
  • Representing one of the biggest road assistance providers in Cyprus in the context of its proposed acquisition by a consortium of insurance companies in Cyprus.