AGP Law Firm | A.G. Paphitis & Co. LLC > Limassol, Cyprus > Firm Profile

AGP Law Firm | A.G. Paphitis & Co. LLC
AGP CHAMBERS
84 SPYROU KYPRIANOU AVENUE
4004 LIMASSOL
Cyprus

Cyprus > Tax Tier 2

AGP Law Firm | A.G. Paphitis & Co. LLC has a strong reputation for advising on a broad range of tax issues, such as commercial and corporate tax, transfer pricing issues and tax litigation. It has been engaged by numerous local and international companies (including some large multinational Russian based companies) to provide them with tax opinions on the Russian CFC rules and the de-offshorisation regime in Russia. The firm is also instructed for advice on IP tax planning options. Angelos Paphitis, Michael Alexandrou and Nicolas Patsalis jointly lead the department, which also assists foreign investors with Cyprus property tax issues, as well as tax residency status matters.

Testimonials

‘Excellent team to work with – they come across as well organised and professional. Michael is my main contact and he is always on the ball. Excellent customer service from start to finish, without exception.’

‘Really a great team. The fees are very reasonable and the quality of service is excellent. They go the extra mile for clients and collaborate fully to understand the business needs and circumstances and provide solutions. I‘ve worked closely with Micheal Alexandrou for years and he and the team deliver quality service, very quick responses and turn around and with the utmost professionalism.’

Key clients

Menkin Holding Limited

DS Express INC

Metaquotes Software Corp

Instant Trading EU Ltd

BW Stratosfera Limited

S.E. Power Group Limited

M.R. City Panorama Limited

Sameta Law Firm (Russia)

Bloomberg INC

Walton Consultants (Ukraine)

Watson Family Trust

Forbes & Manhattan Ukraine

Field of Fortune Ltd

Work highlights

  • Advised Menkin Holding Limited – which is involved in intellectual property rights and wants to create a project through Cyprus which will be dealing in investment activities – on how the company should be structured in order to be able to provide the aforementioned services and what the tax implications will be according to the tax laws of Cyprus. Following a series of tax opinions based on the tailor made requirements of the client, the project is in the process of being setting up.
  • Advised a German citizen, who has explored the option of relocating to Cyprus both in a personal and corporate capacity, on a plan of settling his tax residency in Cyprus. The firm’s role was to assess in depth, their situation and factors which would determine which tax laws will be applied in order to advise on the most effective steps going forward. This process requires in-depth analysis of Cyprus tax for permanent residents from foreign countries, as well as for the setting up of the client’s business in Cyprus which he will be relocating from Germany.
  • Assisted Instant Trading EU Ltd, which is a well-known international investment firm regulated by the Cyprus Securities and Exchange Commission (CySEC), with ongoing tax advisory services for their local and international operations, including tax reporting requirements to the Tax Authorities but also to CySEC.

Cyprus > Commercial, corporate and M&A Tier 3

AGP Law Firm | A.G. Paphitis & Co. LLC has a strong pedigree for advising local and international clients on a wide range of corporate and commercial matters. Angelos Paphitis and Margarita Sofokleous  lead the department, which regularly acts on on domestic and cross-border M&A, and provides escrow services on international commercial transactions (including acting as escrow agents). The firm also has six qualified accountants who have a particular specialism in corporate governance and tax matters.

Other key lawyers:

Testimonials

‘Progressive, reliable team of lawyers with substantial legal experience. Angelos Paphitis, Margarita Sofokleous, Maria Hinni are the main lawyers we have been cooperating with for many years. All of them are qualified professionals who provide excellent services.’

‘I am very satisfied with their client service and I would rate them very highly as every time we make any requests their attention and service are always at high standards.’

‘We have been working closely with Angelos Paphitis for nearly 15 years now. He is a very knowledgeable, strategic and highly active lawyer. Apart from being an exceptional lawyer, he also sees the business side of our tasks which is truly helpful. He is an outstanding professional and a highly skilled advocate. Maria Hinni and Margarita Sofokleous are wonderful legal counsels who are willing to put themselves into the client’s shoes and provide consistent, effective, professional responses.’

‘They are a great company. Mr Angelos is a very well experienced professional and other individuals like Maria Hinni all provide great services.’

‘Angelos Paphitis – proactive approach, client oriented attitude, always ready to help. Margarita Sofokleous – high professional with a deep involvement in the matter.’

‘Each of the team members are very client oriented, we can always obtain the reply to any question we have got. Pricing is very competitive and market value.’

‘Our cooperation with AGP has been going strong for many years now, and we could not be more satisfied with the team as well as the services provided. The firm is handling our corporate, commercial, M&A and tax matters on an exclusive basis. We are in constant communication for multiple tasks. They have a very strong team, well-coordinated with deep professional expertise, knowledgeable and commercially-minded compared to other firms in Cyprus. They find ways to stay up to date with new developments and finding new and efficient ways to attend to their clients.’

‘They have a very strong corporate team, always adhering strictly to deadlines, very thorough, hardworking and efficient. A few of the individuals that I work with are Angelos Paphitis; he is an excellent advocate and a leader, always straight to the point and very supportive; Margarita Sofokleous is also a very knowledgeable corporate lawyer and, of course, Maria Hinni is a highly skilled advocate with solid corporate knowledge and experience with whom we are very glad to be working on a nearly daily basis.’

Key clients

HERIMI LIMITED

RAGUCCI TRADING LIMITED

SINECURE HOLDINGS LIMITED

CIERI LIMITED

REMBLOCK LTD

Pocketbook Holdings Limited

VS Energy International

Bloomberg Financial Corp

Centrogin Holding Limited

Forbes and Manhattan Ukraine

Haxus Limited

DRAYSS INVESTMENTS LTD

Prochoice Chrimatistiriaki Limited

Lancesia Ltd

Nilufar Ltd

Nexmark Trade Limited

Work highlights

  • Advising Pocketbook Holdings on a matter that relates to a re-domiciliation of a company from Cyprus to Switzerland. Legal entities are acknowledged by each jurisdiction in different capacities therefore the legal identity had to be amended for the Swiss authorities to accept the company as a valid legal entity.
  • Engaged on an ongoing basis to provide VS Energy International ( a large international group of companies) with all their complex corporate needs, including but not limited to on-going legal opinions on their international corporate governance matters, structuring and restructuring, insolvency and liquidation of group companies, including group M&A transactions, legal services and commercial support on acquisition of assets at an international level, etc.
  • Engaged by Nilufar Ltd to accommodate a group M&A deal between two real estate holding companies of the same group. Both have ownership of various substantially valuable properties making the merger a project needing expert execution.

Cyprus > Dispute resolution Tier 3

AGP Law Firm | A.G. Paphitis & Co. LLC represents a variety of large organisations in Cyprus, such as private, semi-private and public companies. It also acts for major banks, large schools and public hospitals. Angelos Paphitis mainly handles large cases involving injunctions and interim orders. Other areas of expertise include multijurisdictional debt recovery actions and breach of contract claims.

Practice head(s):

Testimonials

Angelos Paphitis – very experienced, highly qualified, business-oriented.’

‘We have engaged AGP law firm for their litigation/dispute resolution services in combination with their banking & finance regulatory practice. We have chosen AGP Law Firm because of the combination of expertise they offer, especially for the case we have engaged them for which requires deep knowledge of litigation strategies together with banking and finance regulatory frameworks.’

‘We have so far been working closely with Angelos Paphitis, who is the managing partner of the firm. He is an outstanding dispute resolution lawyer but also very knowledgeable and experienced banking/finance advisor, and we have very good communication.’

‘We have been working closely with Angelos Paphitis since 2007. He is a very knowledgeable, strategic and highly active litigator. Apart from being an exceptional lawyer he also sees the business side of our tasks which is truly helpful; he is an outstanding professional and a highly skilled advocate.’

‘Their litigation team is one of the best in Cyprus in my opinion with a wide-range of knowledge and always able to think outside the box.  Our case is still ongoing and AGP is handling it perfectly in all aspects. It is our pleasure to be working with such firm and team, and to have them by our side.’

‘Angelos Paphitis – we can always rely on him. He is an excellent litigator, as well as professional. I have also worked with Christos Kastanias an associate at the firm an excellent advocate, with great experience and client approach. The aforesaid team is truly doing a great job for us, and their strategy has so far proven to be the very correct one.’

Key clients

Raycroft Ltd

Heritage Private School

Vardags Solicitors

Mayzus Group

Bulcom Ltd

KPM Group

Intelisoft CY Ltd

Bank of Cyprus

Hellenic Bank

Alpha Bank

FESCO OSJC (Russia)

Metarus Group (Russia)

Electricity Authority of Cyprus (EAC)

Weezzo

Work highlights

  • Acted for FESCO Group in its application for interim injunctions to prevent two Cyprus companies from exercising their voting rights as majority shareholders in FESCO Group.
  • Engaged to handle the divorce of a Russian ultra-high-net-worth individual. Many of the assets are owned legally but not beneficially and therefore the firm had to extensively research and apply regulations from different jurisdictions in order to ensure the rightful separation of the said assets.
  • Representing 83 claimants from all over the world against Banc de Binary group of companies, its shareholders and managers (38 Defendants in total); for breach of statutory duties, breach of contract, fraud and fraudulent representation, conspiracy to defraud, etc.

Cyprus > Intellectual property Tier 3

AGP Law Firm | A.G. Paphitis & Co. LLC advises both corporate and individual clients on how to manage, protect and expand their intellectual property rights. Its team, which is jointly led by Maria Hinni and Margarita Sofokleous, frequently represents clients during opposition and objection procedures. Another area of strength involves advising clients on any tax benefits through the use of tax optimised IP holding structures.

Testimonials

‘The AGP Law Firm offers excellent expertise and support in many areas of law, including intellectual property and corporate law. The company employs high-class professionals who promptly and efficiently process incoming requests.’

‘We would like to express our deep gratitude to Mrs. Maria Hinni for the wonderful cooperation, thanks to which we received unique advice and which helped us to make the most correct legal decisions.’

Key clients

Tototheo Maritime ltd

Weezzo Limited

EoraLife Ltd

Guaba Beach Bar

Ebro Foods SA

Metaquotes Software Corp

Work highlights

  • Engaged by Eoralife Ltd to register a trade mark, however, upon the registration a French company submitted their opposition due to similarity.
  • Successfully acted for Ebro Foods SA in submitting an opposition to a trade mark at a local level after the same opposition was granted on an EU level by EUIPO.

Cyprus > Banking and finance Tier 4

AGP Law Firm | A.G. Paphitis & Co. LLC has a varied banking and finance practice, which frequently generates mandates from investors, shareholders, fund managers, investment brokers, banks and e-banks. Areas of strength include advising investment firms on cross-border EU passporting licence arrangements, as well as handling issues over escrow agreements. In addition, it is skilled at handling corporate finance transactions. The head of the department is Angelos Paphitis.

Practice head(s):

Testimonials

‘They have a very strong and competent team and I am very pleased with their services. I think the years of cooperation says it all. I wouldn’t have it any other way.’

‘While working with AGP for many years now I have spoken with most of the teams. If I must mention someone, it would be Angelos Paphitis, who is a highly competent lawyer and professional. Angelos is not only a very intelligent individual but also extremely responsive, supportive and willing to go the extra mile for clients. This, combined with a commercial perspective, makes him and his team a highly valued expert adviser. From the team I mostly work with Maria Hinni and Margarita Sofokleous, who are both well-educated and professional lawyers.’

‘As we have been working with AGP for so many years now I have cooperated with nearly most of the lawyers and consultants, particularly Angelos Paphitis, who is technically excellent, very engaged and proactive. He gives pragmatic, commercially relevant and timely advice. He is helpful with updates on relevant legal developments with a clear appreciation of their impact. Needless to say that he is an outstanding professional and a highly skilled advocate.’

‘Maria Hinni is very commercial, understands what’s important to us, meets deadlines and explains key concepts. Margarita Sofokleous is a wonderful legal counsel who is willing to put herself into the client’s shoes and provides consistent, effective, professional responses.’

‘Their team is growing constantly with new highly skilled and innovative professionals joining the department. AGP is always innovative in the way they operate as a firm especially when it comes to technology as this helps them better assist their clients which is their goal.’

‘I am in communication on a daily basis with Mrs Elena Kanarini, who is a very responsive individual, and I am happy with her ongoing availability in responding to our enquiries. I choose to work mostly with Elena and her team as she is a smart, fast, experienced and diligent professional. However when I need true practical and strong advice I always turn to Angelos Paphitis whom I try not to interrupt often. He is a strong character, with incredibly high knowledge when it comes to banking and finance laws.’

‘This law firm is part of a new generation; they are really specialised in banking and finance – not only in legal terms but also on regulatory aspects – which today is a win-win for us to have. They are up-to-date, able to provide all sorts of advice to us and we intend to support them.’

Key clients

Weezzo Ltd

VS Energy Ltd

eToro Capital Ltd

Ruffell Holding Ltd

Finery Markets Ltd

Dogma Capital Ltd

Cliff Legal Services

Sheer Markets (Cyprus) Ltd

Pocketbook Holdings Limited

Nexmark Trade Limited

Nilufar Ltd

Lancesia Limited

Prochoice Chrimatistiriaki Limited

Giambrone Law Firm (UK)

Work highlights

  • Following the BTC-e scandal its client Weezzo Ltd (an electronic payment institution) had been damaged from a regulatory stand point. The firm was engaged to liaise closely with the Cyprus Central Bank to ensure that its client is fully compliant with all CBC and ESMA regulations. This involves the drafting and submitting of a plethora of financial documents all necessary to maintain the good standing of the company.
  • Engaged by Nexmark Ltd to complete the voluntary liquidation of the company. As the company is registered in the Seychelles with business operations in Cyprus it was necessary to use expertise and knowledge of the regulations in both jurisdictions to ensure that all obstacles were overcome in a professional way.
  • Leading the advice on the re-domiciliation of a Cyprus-based company to Switzerland. The main task is to ensure compliance with banking regulations in the new jurisdiction in order for the company to be able to execute the transactions necessary in a timely manner.

The firm: Established in 2006, AGP & Co is a highly reputable, dynamic, award winning and excellence driven Law Firm based in Cyprus with strong international presence.  Throughout the years in the legal domain, the firm has developed a widely recognised expertise and gained an excellent reputation in the fields of commercial, corporate and civil dispute resolution;  corporate and M&A; banking, investment and financial services regulatory; tax; IP; real estate and immigration services. AGP is dedicated to perfectionism and fresh thinking; in 2012 the firm constructed a privately-owned ‘state-of-the-art’ building as its head office in Cyprus.

A committed team: We aim for success for our clients; yet what really distinguishes AGP & Co is our people.  We are proud of our dedicated and highly skilled teams of lawyers and other professionals that have the background, skills, energy, and know-how, to represent our clients in the best possible way.

Our values: Hard work, attention to detail, skills, transparency, dedication and discretion, is what sets us apart from other firms.  We aim at being client focused and every client receives the same high quality services, dedication and support.  We were founded on these values, and that will not change.

One large team: Combining individual expertise while working collectively as one team, we bring our clients a wide range of skills, from litigation, corporate/commercial advisory, tax and FS regulatory practices.  The firm’s team of lawyers and advisors provide a package of innovative and pragmatic solutions in all areas of specialisation: banking and finance, commercial, corporate and M&A, dispute resolution, employment, intellectual property, real estate and construction, and tax.  Though operating independently, all departments are interlinked, giving our clients the ability to receive all rounded services beyond the ordinary boundaries.

The AGP Chambers: Dedicated to perfectionism and fresh thinking, we have constructed our privately-owned building to set AGP group, designed and installed with cutting-edge high technology systems.  AGP Chambers have been awarded by the European Property Awards 2013-2014 for Best Office Architecture Cyprus.

Areas of practice 

Legal services & dispute resolution  Our legal services and dispute resolution team is the cornerstone of the firm.  AGP & Co has a high success rate in all sort of disputes, from daily matters to high-profile dispute resolution cases corporate / commercial / shipping disputes.  Angelos Paphitis is well known for his participation in many high-profile cross-border dispute resolutions and for his success rates in Cyprus (including interim injunctions, legal action and international arbitration).

Corporate, commercial and M&A  Our corporate / commercial teams have excessive experience and an enviable reputation in representing international clients and groups on a variety of corporate and commercial matters. Focused on providing tailored-made and clear advice, clients rely on AGP for matters of day-to-day commercial and corporate governance, including formation, acquisition and dissolution of companies in Cyprus and abroad, to high-value cross-border projects, M&As, capital markets, IP, as well as management and domiciliation services.

Financial services regulatory and advisory team:  We are a leading law firm in Cyprus and global leader in Financial Services Regulatory practice.  We represent market makers, investment brokers, payment institutions, banks, investment funds and investment managers from all over the world on all sort of regulatory advisory and compliance matters.  Proudly, the firm won Best FX Regulatory & Compliance Support at the 2017 Forex Awards, hosted by AtoZForex.com, at the Paris Hotel in Las Vegas.

DepartmentNameEmailTelephone
Managing Partner Angelos G. Paphitisangelos.paphitis@agplaw.com+357 25731000
Manager | Client Relations Christiana Constantinouchristiana.constantinou@agplaw.com+357 25731000
PhotoNamePositionProfile
Olesea Catruc photoMs Olesea CatrucConsultant | Real Estate and Immigration Olesea handles real estate and immigration…
Arsen Dzhaniyan photoMr Arsen DzhaniyanOf Counsel, Moscow Arsen consults international clients looking at entering the Russian…
Sonita Grigoriadou photoMs Sonita GrigoriadouAssociate Lawyer
Mihaela Grigoriou photoMrs Mihaela GrigoriouSenior Associate Lawyer Mihaela being a member of the AGP Financial Regulation…
Melina Hadzigeorgiou photoMs Melina HadzigeorgiouOf counsel, Athens
Maria Hinni photoMrs Maria HinniSenior Associate Lawyer Maria advises private companies and shareholders on a variety…
Elena Kanarini photoMrs Elena KanariniSenior Associate Lawyer Elena, being a member of the AGP Financial Regulation…
Christos Kastanias photoMr Christos KastaniasAssociate Lawyer Christos’ main areas of practice are civil, commercial, financial and…
Christiana Kouris photoMs Christiana KourisAssociate Lawyer
Ioanna Martidi photoMs Ioanna MartidiAssociate Lawyer Ioanna joined AGP & Co in 2020 as a trainee…
Evripidis Michaelides photoMr Evripidis MichaelidesAssociate Lawyer As a member of the Firm’s litigation department, Evripidis practices…
Evgenios Pampakas photoMr Evgenios PampakasAssociate Lawyer      
Gaia Sargsyan photoMs Gaia SargsyanParalegal | Property & Immigration Consultant Gaia handles real estate and immigration…
Margarita Sofokleous photoMrs Margarita SofokleousSenior Associate Lawyer | Head of Corporate Services Margarita specializes in corporate…
George Tashev photoMr George TashevAssociate Lawyer George handles multiple projects on different areas and practices of…
Number of lawyers : 18
English
Greek
Russian
Bulgarian
Armenian
French
Romanian
Cyprus Bar Association
The Honourable Society of Gray's Inn
Society of Trust & Estate Practitioners (STEP)
International Tax Planning Association
International Law Office (ILO-Lexology)

CLIENT: Moshe Wasserman | CEO

COMPANY/FIRM: InvestVR Ltd

TESTIMONIAL: I started working with AGP since 2007 as the CEO of an Israeli FX Firm with offices in Cyprus.  The services we have been receiving have been excellent and they still are.  Ever since AGP is the law firm that handles all regulatory and CySEC matters for us, as well as all corporate, tax, legal, immigration and other matters. So far, I have been recommending AGP to all my friends and associates and I recommend AGP to any international firm or foreign citizen who consider engaging lawyers in Cyprus, or for setting up an investment firm in Cyprus or elsewhere.  Thank you!


CLIENT: Karl Christophorou | Australia

COMPANY/FIRM: private individual

TESTIMONIAL: I have been using AGP Law Firm in Cyprus for quite a few years now.  They have always conducted my matters in a professional and efficient manner as well as a recent matter on extremely short notice.  Many thanks to Niki Liassides, Angelos Paphitis and the remaining team.  I have no hesitation to recommend AGP to anyone for their Cypriot legal matters whether they live in Cyprus or abroad. Karl.


CLIENT: Sergey Mayzus | CEO & President



COMPANY/FIRM: MAYZUS Group

TESTIMONIAL: This is the best law firm in Cyprus.


CLIENT:Gal Ron | CEO



COMPANY/FIRM: Conversion Pros Ltd & IFXEXPO Inc.



TESTIMONIAL: They bring with them a wealth of experience and knowledge and have been instrumental to the growth of our company. In addition to being exceedingly good at their work, they also take pride in simplifying what can be at times very complicated situations and ensure the best results possible. Both as an individual and as a business owner, I value their input and would highly recommend them as a solution for legal & corporate representation. It is an honour to be associated with such an esteemed and established form.


CLIENT: Steve Hatch | Managing Director



COMPANY/FIRM: Hatch Energy Group

TESTIMONIAL: Angelos and his team have provided Hatch Energy Group with first class legal and financial support during the formation of our Group Corporate Head Quarters in Cyprus. The AGP team always respond quickly and are very professional and efficient – we look forward to our continued relationship!


CLIENT: Mirna Osman



COMPANY/FIRM: Abdullah Muzamel Sadat Ltd

TESTIMONIAL:I would like to take the opportunity to say few words for your firm, I have been working with AGP & Co. for the last 3 years now and have never been disappointed in their services while handling several matters to our company. In addition, all the team of AGP & Co. is extremely professional, honest, knowledgeable and has wide strategic advices regardless of how complex or critical the case is. Finally, I would highly recommend this firm based on my experience.


Angelos G. Paphitis, Managing Partner

Angelos Paphitis, Managing Partner of AGP Law Firm discusses the uncertainty of recent times giving insight into adapting to unprecedented challenges and maintaining success.

What do you see as the main points that differentiate A.G. PAPHITIS & CO. LLC | AGP Law Firm from your competitors?

Established in 2006 we are dedicated to perfectionism and fresh thinking, working on implementing fresh and innovative ideas, adapting new ways and methods of servicing our clients while taking advantage of the current information technology instruments available in the international market. Our competitors in Cyprus, which to be honest I do not usually use this term for other lawyers, are traditional law firms which evolved through family generations, with all barriers that such family owned businesses come with; AGP & Co breaks away from these tendencies focusing on bringing the most dynamic people possible together and utilising the newest technologies available to give a more up to date modern client experience. In the business world, the use of technology is a business asset, and we aim to be at the forefront of efficient operations by speeding up delivery of legal services through the current information technology means available in the legal industry. In addition, today’s business world has no time to lose; to this end, expert knowledge for quick solutions is of paramount importance when it comes to legal services. We are proud to say that we have succeeded in combining individual expertise while working collectively as one team. We bring our clients a wide range of refined skills, from all different practice areas of litigation, to commercial, corporate, real estate and immigration advisory, FS regulatory practices, and of course tax and business solutions. We encourage all members of our firm to implement exceptionally high standards together with integrity and client-focused approaches. This has made AGP an established leading law firm in Cyprus with strong presence in the international market. Our dedication has won us a robust client portfolio of both local and foreign businesses and private individuals.

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

Cyprus has always been known for its business and individual friendly legal and regulatory system, followed by low tax on businesses and foreign investors. This is one of the major reasons for the country emerging as a popular destination for international corporations in addition to being an EU member state and following the common law system for corporate matters. Today, it is a key financial services Centre, including brokers, investment firms, funds and e-money institutions, while also being a leading maritime and ship-management hub. We are experiencing a worldwide pandemic which will inevitably result to distressed M&A transactions, especially in travel & hospitality industries. This will increase the sales through M&As. Furthermore, we see an increased interest in tech startups wishing to begin operations on the island. This can be accredited to significant issues which the global pandemic has created, generating an increased demand globally in efficient tech solutions. Cyprus offers a very favorable environment to such business initiations and I expect Cyprus to continue to attract foreign investments of this type and become a leading base for tech innovation startups setting up headquarters, something that started evolving significantly in recent times.

In addition, Brexit now being a reality we have experienced a surge of UK nationals and companies looking to benefit from a jurisdiction with an EU membership and requiring relocation services either in the form of immigration or re domiciliation.

What’s the main change you’ve made in the firm that will benefit clients?

During these challenging times we have focused on two key factors which I believe can add some serious value to existing and potential clients. The first has been to further enhance our team by adding new members from various diverse backgrounds. Diversifying the team has brought different approaches and outlooks when tackling client matters giving a better value to clients and even more effective results.

The second factor we have focused on is changing the means of communication between members and clients. The global need to achieve efficient and effective communications remotely has increased and changed the way business is done at its core. We pride ourselves in replying to all enquiries within 12 working hours and we have set up the working space in order to accommodate the new way of operations while maintaining the highest quality of service to our clients. Further to this we have upgraded our pro-bono consultation service to free legal advice, essentially meaning that we offer free of charge preliminary legal advice and recommendations to anyone who needs it from a qualified lawyer. We believe that offering support is much needed considering the circumstances globally and we want to be seen as a team of people who can be counted on to offer the best value while achieving top results for all parties we represent.

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

Yes, it most certainly is. I wouldn’t say it’s just changing but it has become the base for interaction in current times. Technological advancements offer us ways to stay connected without the need of physical presence which has been a key to staying safe. It allows our efficiency, as well as communication with clients to be unaffected. It helps us keep our clients updated on the latest legislative changes, updates and amendments to laws. We connect with our clients and are able to respond to them promptly via various channels, including emails, video conferencing and even messaging. Technology has allowed us to keep the ability of staying connected with our international clients much more efficiently, even better than prior covid-19.

A key advantage that technological development has brought is easy and quick access to global databases and information, which is essential for seamless legal research that can be conducted from anywhere. We are also able to provide rich resources and information for our clients through the functionality of our website. In the not so far future ahead it is quite safe to say that technological advancement will have an even greater role in the way business is conducted.

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

We take great pride in offering efficient solutions for every client, taking the time to clearly understand their legal needs. While it is difficult to discuss a specific case due to confidentiality reasons, we can emphasise that we offer specialised services, such as helping corporations ensure compliance with the regulatory framework, assisting HNWIs on their global matters, and recommending tailored made solutions when available. During 2020 I must say that we focused on mostly overcoming challenges put forth by the global pandemic. Our aim was to make sure our clients were not delayed and did not face any extra obstacles from our side while dealing with the measures of their countries. We also advised a large number of corporate clients to relocate their headquarters to Cyprus for purposes of accessing the EU single market; in addition, we successfully advised a large number of clients to transfer their intellectual properties from offshore centres to Cyprus under the very advantageous IP Box tax system of Cyprus, by providing them with detailed analysis of the process as well as of the benefits when doing so. Furthermore, we are proud to have promoted local businesses to foreign investors whom we thereafter represented during their M&A process in Cyprus; such projects have been the acquisition of a private hospital in Cyprus, as well as the acquisition of multiple investment firms, banking institutions and funds, in Cyprus.

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

I see the legal profession evolving technologically during today’s uncertain times. There is a necessity to create stability within the workplace and a flexibility in the location from where/how services can be offered. The answers to all these newfound issues lie in technological advancements and I see giant leaps being taken currently and in the next few years to avoid any kind of disruption again.

We are committed to constantly building our knowledge and staying abreast of developments across various jurisdictions and industries to always be able to offer holistic advisory services. We will continue to grow our expertise and our team to maintain our position as a leading law firm that offers excellence in services for both local and international clients.

A.G. Paphitis & Co. heading to iFX EXPO Dubai 2022

The first major financial expo of 2022 for forex, CFD and crypto brokers is scheduled for February 22-24 at the Dubai World Trade Center, UAE. The iFX EXPO is one of the largest annual B2B exhibitions with over 90 exhibitors.

A.G. Paphitis & Co. LLC Reaches a 15-Year Anniversary Milestone

A testament to the firm’s ability to thrive in a highly competitive market and become one of Cyprus’ most prestigious law firms.