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

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

Cyprus > Commercial, corporate and M&A Tier 3

AGP Law Firm | A.G. Paphitis & Co. LLC fields a team that routinely advises on share purchases and sales, shareholder agreements, acquisitions, corporate structuring and re-domiciliation. Other strengths lie in escrow services, loan reorganisations as well as advising on joint ventures and demergers. The group is also experienced at advising shareholders and boards of directors on voluntary liquidations and acts as liquidators or for liquidators, administrators, receivers and trustees on all aspects of liquidation work.  Angelos Paphitis and Margarita Sofokleous head the department that advises on a broad range of other issues including corporate governance and corporate and commercial disputes. It adopts a 'flexible approach to meet its clients' needs'.

Practice head(s):

Angelos Paphitis; Margarita Sofokleous

Other key lawyers:

Maria Hinni

Testimonials

‘Reliable professionals, accurate and client orientated, swift in services’.

‘Angelos Paphitis, I have worked with him for 8+ years. Always available, ready to help, a great team builder with motivated people in the office’.

‘I am working closely with AGP because it has very strong expertise in all corporate law matters, it meets agreed deadlines’.

‘The corporate department of AGP has very strong qualities, the lawyers are  always willing to assist in every inquiry we have and always on time. I have mostly worked with Angelos Paphitis –  an excellent corporate and commercial lawyer, with great experience in corporate law. His advice is always accurate and comprehensive. He is always available for the company and willing to resolve any issue that may arise. He is an excellent professional. As well as  Margarita Sofokleous and Maria Hinni ’.

‘Our cooperation with AGP has been going strong for many years now and I could not be more satisfied with the team as well as the services provided. The firm is handling our corporate and commercial matters on an exclusive basis. We are in constant communication for anything that we need, not only in terms of corporate and commercial tasks, but also for all sorts of other legal services. It has a very strong team, well-coordinated with deep professional expertise, knowledgeable and commercially minded compared to other firms in Cyprus’.

‘A few of the individuals who I work with- 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 with on a nearly daily basis’.

‘A multilingual team, strong in corporate law and litigation. Angelos Paphitis – proactive, open, gives answers, delivers quality legal products on time’.

‘AGP Law Firm is really unique, all issues are solved on time without any mistakes, all questions are fully considered. Margarita Sofokleous and Maria Hinni are among the best lawyers we have ever collaborated with’.

Key clients

VS Energy International

Haxus Limited

Dufry Staer Holding Limited

Quality Leather Trading Limited

Nobuko International Limited

Pocketbook Holdings Limited

Bloomberg Financial Corp. Ltd

Buzzerlo Holdings Limited

Forbes & Manhattan Ukraine

Avtrasoft LIMITED

Centrogin Holding Limited

Asana Trading Limited

Liteforex Investments Limited

Innotick Software Limited

The Global Partership Group Foundation Limited

Lasora Investments Limited

Meerson Investments Limited

Samant

Elan International Holdings Limited

Belamerex Limited

Cyprus > Dispute resolution Tier 3

AGP Law Firm | A.G. Paphitis & Co. LLC represents numerous foreign clients in commercial litigation on a broad range of disputes from interim orders and  injunctions through to defamation, libel and slander as well as cybercrime, corporate litigation, constitutional and administrative law cases. Practice heads Angelos Paphitis and Eve Karaviotou are seasoned practitioners who are also skilled at handling financial crime cases and intellectual property disputes.

Practice head(s):

Angelos Paphitis; Eve Karaviotou

Testimonials

‘The team shows cohesion and collaboration ’.

‘Approachable partners and associates, genuine effort towards problem identification and resolution’.

‘This is a relatively young firm with two competent and diligent litigators. They are very responsive and conscientious and offer good value to their clients’.

‘Angelos Paphitis, established the firm and has been supporting its litigation practice until recently almost single handed. He is a very serious and professional lawyer with good court skills and quite diligent. Eve Karaviotou is very attendant to detail, meticulously prepared and a good court strategist’.

Key clients

Vardags Solicitors

Giambrone Law Firm

Intelisoft CY Limited

Heritage Private School Ltd

Solution Partners SP zo.o

Obsesione Enterprises Ltd

Bank of Cyprus PLC

Abdullah Muzamel Sadat Ltd

KPM Group

Raycroft Ltd

Grant Thornton UK LLP

Embria Ventures Group Limited

Akrin Holding GMbH

Mayzus Group

Cyprus > Intellectual property Tier 3

AGP Law Firm | A.G. Paphitis & Co. LLC has a strong reputation for its work on trade mark and brand registrations on a national, international and European level. Other strengths lie in advising on intellectual property disputes, and the team is particularly skilled at representing clients in opposition proceedings. Another core area of focus is providing IP tax planning advice, as well as patents. Maria Hinni, Margarita Sofokleous and Stella Georgiadou head the team.

Practice head(s):

Maria Hinni; Margarita Sofokleous; Stella Georgiadou

Testimonials

Working with AGP I have seen first-hand how attentive the lawyers are with their clients and will go out of the way to make them happy and deliver the best possible results. They have proved that I made a great choice choosing them  to represent us during the opposition stage as well. They were super professional‘.

Maria Hinni has been of great help, she is knowledgeable and very experienced at what she does. Personally, what I believe differentiates AGP & Co from its competitors is that having a variety of highly skilled professionals not only lawyers but as well as consultants in other areas of expertise under one roof, providing the clients  with one stop services‘.

In my opinion the firm’s intellectual property practice has been growing at a fast pace and I highly recommend the team as it consists of exceptional lawyers and consultants who deliver what is asked from them and in a timely manner‘.

If I have to mention a few individuals who stand out it will be Maria Hinni and Margarita Sofokleous, both excellent advocates and professionals. Also Maria Hinni has been very accommodating to all tasks assigned and has gone above and beyond to deliver the best results possible‘.

Key clients

Weezzo LTD

First Prudential Markets

CMS Global (EU)

Tototheo Maritime LTD

Sergey Mayzus

Eoralife LTD

Linkface

Activators

Messonghi Beach Hotel & Belvedere Hotel

Leatherex Ltd

Le Reve LLC

Cyprus > Tax Tier 3

Managing partner Angelos Paphitis along with Michael Alexandrou and Nicolas Patsalis lead a versatile team at AGP Law Firm | A.G. Paphitis & Co. LLC, which advises on a wide range of issues such as corporate tax, tax structuring , cross-border financing and tax litigation. The team has been engaged on multiple occasions by numerous local and international companies to provide tax opinions on the Russian CFC rules and on the ‘deoffshorization’ regime in Russia. In addition, it is regularly engaged to provide intellectual property tax planning opinions for major companies.  

Practice head(s):

Angelos G. Paphitis; Michael Alexandrou; Nicolas Patsalis

Testimonials

‘It has a diverse team with a focus on various areas of commercial law. The lawyers are very flexible and accessible almost round the clock. Their advice is wise, effective and in line with the laws’.

‘Very friendly, accessible and flexible. Very professional’.

 

 

Key clients

Cliff Legal Services

Instant Trading EU Ltd

DS Express INC

Metaquotes Software Corp

BW Stratosfera Limited

S.E. Power Group Limited

M.R. City Panorama Limited

Cyprus > Banking and finance Tier 5

AGP Law Firm | A.G. Paphitis & Co. LLC has a diverse practice that specialises in real estate, project and business financing. It is also recommended for its work in other areas such as syndicated and consumer loans and trade financings. The team has a solid record on corporate liquidations and has been active in assisting investment firms and electronic payment institutions in reviewing legal documentation and security instruments. Managing partner Angelos Paphitis leads the team.

Practice head(s):

Angelos G. Paphitis

Other key lawyers:

Elena Kanarini

Testimonials

‘Experienced lawyers in the finance services industry – one of the few law firms in Cyprus specialising in this area of law’.

‘Angelos Paphitis is a great leader with exceptional knowledge of the industry. We have an excellent collaboration and he handles all tasks properly through his team. His advice and work ethic meet and sometimes exceed the standards’.

‘The banking and finance practice is one of the best in Cyprus in my opinion and our cooperation is going very smoothly. The team did an excellent job, it studied and understood our needs and operations very well and was able to prepare the entire application package for us with minimum inconvenience to us, and we were extremely happy with the results that we managed to get with the Central Bank’.

‘Ms Elena Kanarini is a very responsive individual.  I chose to work mostly with Elena because she is a smart, fast, experienced and diligent person. When I need true practical and strong advice I always turn to Angelos Paphitis. He is a strong character, with incredibly high knowledge when it comes to banking and finance laws. This law firm is a new generation; it is really specialised in banking and finance – not only on legal terms but also on regulatory aspects’.

‘Our company is an electronic money payment institution which requires expert advice on a daily basis. Our cooperation has been going very well. The banking and finance department of AGP is I believe one of the best in the industry in Cyprus. Having said that all lawyers and consultants have a detailed approach in everything that they do. I am very satisfied with the services provided, I always knew that when I asked for something it would be executed correctly, efficiently and on time, they never disappoint ’.

‘ The banking and finance department consists of very knowledgeable professionals and I have cooperated and spoken with most of the team. However, I usually speak with Angelos Paphitis – he will always find a solution, he is an excellent advocate. I also speak with Elena Kanarini she is a senior associate at the firm very helpful and knowledgeable lawyer and I know I can rely on her.’

 

Key clients

Weezzo Ltd

Ruffell Holding Ltd

Blue Media Ltd

Cliff Legal Services

eToro

Bozade Enterprises Limited

Quality Leather Trading Limited

Dufry Staer Holding Limited

Nobuko International Limited

Assetsplace Enterprising Limited

Namko Investments Ltd

Brainwise Consulting Limited

Miardo Investments Inc

Assethill Holdings Limited

Haxus Limited

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 AtoZForex.com, at the Paris Hotel in Las Vegas.

Department Name Email Telephone
Managing Partner Angelos G. Paphitis angelos.paphitis@agplaw.com +357 25731000
Partner | Head of Litigation Eve Karaviotou eve.karaviotou@agplaw.com +357 25731000
Manager | Client Relations Christiana Constantinou christiana.constantinou@agplaw.com +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…
 Andrea Psara  photo Andrea Psara Senior Associate Lawyer  Andrea acts for a wide range of clients including…
Mrs Margarita Sofokleous  photo Mrs Margarita Sofokleous Senior Associate Lawyer | Head of Corporate Services Margarita specializes in corporate…
 George Tashev  photo George Tashev Associate Lawyer George handles multiple projects on different areas and practices of…
Number of lawyers : 15
English
Greek
Russian
Bulgarian
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

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. 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.