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

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

Commercial, corporate and M&A Tier 3

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

Dispute resolution Tier 3

The dispute resolution team at AGP Law Firm | A.G. Paphitis & Co. LLC focuses on representing foreign clients in commercial litigation. The practice handles a broad range of disputes, from interim prohibitory injunctions in the corporate sphere to defamation and family disputes. Practice head Angelos Paphitis ‘knows how to structure cases’. Fellow practice head, Eve Karaviotou is 'a very experienced and high calibre litigator’.


‘Angelos Paphitis and Stella Georgiadou both helped our company’s cases result in a great outcome. They are very professional with enhanced capabilities and very committed to us. They both are true leaders of litigation.’ 

‘The litigation team at AGP has been very accommodating, they know how to act in each situation as well as very responsive to queries. Angelos Paphitis has been a key contact to us and he has proved himself; I am very happy with how he has handled each case, and our synergism has been very good.’

‘They have a very strong litigation team with extensive knowledge, very good negotiation skills, and have a great teamwork attitude when compared with other firms. I am always keen to listen to them, to study legal opinions they issue for litigation strategies, to see them in meetings and of course to follow up with them in court. They are true litigators.’ 

‘Eve Karaviotou is a very experienced and a high calibrate litigator. ‘ 

‘I would recommend AGP Law dispute resolution team to any foreign company that looks for international standards in Cyprus.’

‘Our main point of contact was Mr. Angelos Paphitis who lead all the way, from structuring our claim, obtained prohibitory injunctions for our benefit, up until the very last day of settling the dispute with the defendants. He proved himself to us as being an excellent dispute resolution lawyers and very knowledgeable advocate.’

Key clients

Mayzus Group


Grant Thornton UK LLP


Intelisoft Cy Limited

Akrin Holding GmbH

Mr. Aleksej Gubarev Webzilla Inc.

KPM group

EMBRIA Ventures Group Ltd

Class Action (82 claimants)

The Heritage Private School Ltd

Bank of Cyprus PLC

Alpha Bank Cyprus Ltd

Hellenic Bank PLC

Rising City Holdings Ltd

Tax Tier 3

At AGP Law Firm | A.G. Paphitis & Co. LLC, the 'solid' team comprised of ‘tax advocates, tax consultants and chartered accountants’ acts for private wealth management clients and a number of high-net-worth individuals on tax-related matters. The group also handles corporate tax, M&A, tax structuring, and tax consultancy work. Managing partner Angelos Paphitis is ‘an experienced international tax lawyer’ with expertise advising on international structuring and tax planning matters, and leads the team with local and international tax specialists Michael Alexandrou and Nicolas Patsalis.


‘They bring a high level of industry knowledge and insight with them, which is very helpful for any group CEO like me. The team has advised us on local and international tax matters. Headed by Mr Michael Alexandrou, they have been incredibly helpful on our Cyprus tax affairs.

‘This is a solid tax legal team, something you won’t easily find in Cyprus. Mr Nicolas Patsalis and Mr Michael Alexandrou are highly educated tax advisers, and they are supported by Angelos Paphitis, an experienced international tax lawyer who we have been engaging for all international structuring and tax planning matters.  Michael is always proactive, available and willing to assist at all times.’

‘Their tax team has a very professional and attentive approach to what they do. Very knowledgeable about local as well as about international taxation.

‘Angelos is well experienced in international tax structuring – something that has added much value to the services our firm offers towards our clients. Michael Alexandrou is also a brilliant tax adviser. Nicolas Patsalis and Andreas Petrides are experts in their field.

I think what differentiates them from other firms is their diversity in their teams which consist of tax advocates, tax consultants and chartered accountants who can delegate their tasks and deliver the best results.

‘Their team consists of not only high qualified lawyers and consultants but also accomplished and experienced chartered tax advisers. They undoubtedly make you feel confident that the job will be done correctly, efficiently and in a timely manner.’

Key clients

Instant Trading EU Ltd

Vement Technology

Lanozo Assets

Sameta Law Firm

Constantinos Jewels

Weezzo Ltd

DS Express INC

Confideri Law

Bloomberg INC

Walton Consultants

Metaquotes Ltd

Quester Group Inc

Banking and finance Tier 5

Led by ‘strong characterAngelos Paphitis, AGP Law Firm | A.G. Paphitis & Co. LLC has a reputation for providing ‘helpful’ regulatory advice to financial services clients, as well as acting for clients in hearings before the Cyprus Securities and Exchange Commission. Clients include private funds, fund managers, investment brokers, banks, and e-banks. The firm also has a track record of assisting clients with traditional banking and finance legal services, including drafting or amending loan facility agreements, escrow agreements, and financial due diligence. ‘Smart, fast, experienced and diligent’ senior associate Elena Kanarini is a key player in this practice.

Practice head(s):


‘Throughout our cooperation with AGP, we have been in contact with Angelos Paphitis as well as Elena Kanarini who have both been very helpful and diligent. They are well aware of the regulatory industry and they manage to sort things out as promised.’ 

‘I choose to work mostly with Elena Kanarini because she is a smart, fast, experienced and diligent person.’ 

‘Angelos Paphitis is a strong character, with incredibly high knowledge when it comes to banking and finance laws.’ 

‘Highly professional and qualified banking and finance team. It is worth noting that AGP is truly a client-oriented firm that provided us with pragmatic legal advice and responded extremely quickly.’ 

Key clients

VS Energy International

Campsie Investment Ltd

Mr Ben Heiman / Binary Options Trading Advisory

eToro Capital Ltd

First Prudential Markets Ltd

IC Markets LTD

Bright Capital Management Ltd

Ayers Alliance Financial Group Limited

Tantinet Capital Limited

Gleneagles Securities Limited

Evolution Markets Ltd

Weezzo CY Ltd

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 and Eve Karaviotou are well known for their participation in many high-profile cross-border dispute resolutions and for their 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, at the Paris Hotel in Las Vegas.

Department Name Email Telephone
Managing Partner Angelos G. Paphitis +357 25731000
Partner | Head of Litigation Eve Karaviotou +357 25731000
Manager | Client Relations Christiana Constantinou +357 25731000
Photo Name Position Profile
 Olesea Catruc  photo Olesea Catruc Consultant | Real Estate and Immigration Olesea handles real estate and immigration…
Mr Arsen Dzhaniyan  photo Mr Arsen Dzhaniyan Of Counsel, Moscow Arsen consults international clients looking at entering the Russian…
Mrs Stella Georgiadou  photo Mrs Stella Georgiadou Senior Associate Lawyer Stella’s main areas of practice are Civil, Family, Commercial…
 Sonita Grigoriadou  photo Sonita Grigoriadou Associate Lawyer
 Melina Hadzigeorgiou  photo Melina Hadzigeorgiou Of counsel, Athens
 Maria Hinni  photo Maria Hinni Senior Associate Lawyer Maria advises private companies and shareholders on a variety…
Mrs Elena Kanarini  photo Mrs Elena Kanarini Senior Associate Lawyer Elena, being a member of the AGP Financial Regulation…
 Eve Karaviotou  photo Eve Karaviotou Partner | Head of Litigation  
 Christos Kastanias  photo Christos Kastanias Associate Lawyer Christos’ main areas of practice are civil, commercial, financial and…
 Maria Kontari  photo Maria Kontari Paralegal | Real Estate, Citizenship and Immigration Consultant  Maria handles real estate and…
Mrs Christiana Kouris  photo Mrs Christiana Kouris Associate Lawyer
 Evripidis Michaelides  photo Evripidis Michaelides Associate Lawyer As a member of the Firm’s litigation department, Evripidis practices…
Mr Angelos Paphitis  photo Mr Angelos Paphitis His main areas of practice are general Commercial, Corporate, Company and Tax…
Mrs Margarita Sofokleous  photo Mrs Margarita Sofokleous Senior Associate Lawyer | Head of Corporate Services Margarita specializes in corporate…
Number of lawyers : 15
Cyprus Bar Association
The Honourable Society of Gray's Inn
Society of Trust & Estate Practitioners (STEP)
International Tax Planning Association
International Law Office (ILO)

CLIENT: Moshe Wasserman | CEO


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


TESTIMONIAL: This is the best law firm in Cyprus.


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.