E & G Economides LLC > Limassol, Cyprus > Firm Profile
E & G Economides LLC Offices
17 GR. XENOPOULOU STREET
PO BOX 58043
3730 LIMASSOL
Cyprus
E & G Economides LLC > The Legal 500 Rankings
Cyprus > Real estate and construction Tier 2
George Economides heads up the dynamic practice at E & G Economides LLC, which is adept at handling a broad range of residential and commercial real estate transactions. The client base includes local and international developers, as well as HNWIs wishing to purchase property for residency or investment purposes. The group is well versed in assisting with complex real estate acquisitions and disposals, as well as corporate acquisitions and restructurings, which often have international elements. Other key drivers of work include real estate due diligence exercises and landlord and tenant disputes.Practice head(s):
George Economides
Other key lawyers:
Virginia Adamidou
Testimonials
‘Professionalism, accurate clear advice and hands on behaviour. Ready to listen, analyse and get results out of this. Nice mannered team. Invoicing reasonable.’
‘High professional standards, coming with solutions to tough problems and making those easy to understand and implement. Extremely pleased with them and would not hesitate to refer them to my friends and associates.’
‘George Economides and his team have a wealth of knowledge and are able to navigate complex situations which in turn makes one feel secure and in good hands, and take away the pressure from their clients to make their journey easier.’
‘George Economides is always readily available to service clients and his calmness and pragmatic approach to any situation is second to none.’
‘Virginia Adamidou. Fast reply, always willing to help and very honest.‘
‘George Economides was exemplary in his work coordinating the teams.’
‘The team has a composed and strong structure.’
‘George Economides is an outstanding leader and advocate leading the firm efficiently, offering his clients the value and confidence they require by fulfilling all their needs. ’
Key clients
Healys LLP
D. Zavos Group
Limassol Del Mar
CloudLayer 8 (CL8)
Landscope Developments Ltd
Domaland Properties Limited
Myrtos Xenodoheiakes Epiheiriseis Ltd
Accent Capital
Work highlights
- Instructed by ACCENT CAPITAL to prepare a legal opinion concerning the legal status of the property acquired by the client through a Sale Agreement.
- Advising LANDSCOPE DEVELOPMENTS LTD on the legal framework pertaining to a new high-rise building.
Cyprus > Intellectual property Tier 3
Xenia Kasapi heads the intellectual property and data protection practice at E & G Economides LLC. The department regularly acts on the registration of trade marks, designs and patents at a local, EU and international level. George Economides is another key contact.Practice head(s):
Xenia Kasapi
Other key lawyers:
Testimonials
‘E & G Economides LLC’s intellectual property practice is unmatched in its unique blend of expertise, offering clients a comprehensive understanding of their needs.’
‘Their commitment to client success, led by standout partners and associates, sets them apart from competitors. I’ve truly valued their expertise and unwavering dedication.’
‘This is a small team with immediate response and technical know-how. Xenia Kasapi is very invested in her client’s cases; she is hardworking and a solution finder.’
‘The team is very responsive and always there when you need them. Xenia Kasapi and George Economides were extremely helpful and provided us with targeted advice that helped us understand the process and the advantages of registering a trademark.’
‘Xenia Kasapi impressed us with the broad knowledge she possesses of IP law and the precision of her advice. Xenia managed our case with cost efficiency and dedication.’
‘People are very dedicated to each project. They put as much effort as possible to fully understand the project and advise properly, even if a case is very uncommon.’
‘E & G’s team provides exceptional quality of work. They are reliable, they always deliver everything on time. Contact with them is very professional but on the same time it’s very friendly and not stressful.’
‘Working with Xenia Kasapi is a pure pleasure.’
Key clients
Shine TV Limited
Orbex Limited
Collagen Lift Sa
Cloudlayer8 Limited (Cl8)
Anemi Trustees Limited
Emily Yiolitis LLC
Expertum LTD
Ergosense
P.G Dionysiou Beauty Spa
Alma Advisors Limited
YANDEX LLC
Unisoft Sys Limited
Findersoft Limited
Brandpol Group Limited
G.N. Auto Odyky Express Road Service Limited
Tsakiris Mallas A.E
A.T. Atermona Taxidia Limited
Work highlights
- Advised on the protection of the client’s intellectual property rights, including trade mark management and litigation and licensing advice.
- Advising a client on trade mark matters, as well as the unlawful sale of counterfeit goods on the internet.
- Assisting a client with the acquisition of a trade marks portfolio from another company.
Cyprus > Maritime and admiralty Tier 3
Led by George Economides, the practice at E & G Economides LLC handles a wide range of complex shipping matters. Key pillars of strength for the department include vessel registrations, contractual matters and the registration of shipping companies. Charterparty contracts and agreements for the sale and purchase of ships are also prominent in the group's workload.Practice head(s):
George Economides
Testimonials
‘Prompt and efficient, with a custom-made approach and solution-oriented attitude.’
‘Real care shown towards the customer.’
‘Good knowledge of business environment.’
‘George Economides and his colleagues are always willing to help find the right solutions for us.’
Key clients
Polsteam Shipping Company Limited
Unity Line Ltd
Totalserve Management Ltd
Nogat Shipping Limited
Cyfadaco Shipmanagement Limited
ERYX Group
Polonia Line Limited
Wolin Line Limited
Scania Line Limited
Gryf Line Limited
Sedina One Ferry Lines Limited
Sedina Two Ferry Lines Limited
Sedina Three Ferry Lines Limited
AP the Ability Group Limited
Work highlights
- Advised a client on the application process for registering four Ro-Ro passenger vessels in Cyprus.
- Assisted the client with the sale of a pleasure yacht.
- Provides ongoing assistance to a maritime stakeholder entity concerning maritime, regulatory and corporate issues.
Cyprus > Tax Tier 3
George Economides heads the practice at E & G Economides LLC, which has an excellent reputation for advising on the tax structuring of international investments and transactions, as well as the tax aspects of cross-border mergers, acquisitions and disposals. The group's workload also includes handling double tax treaties and transfer pricing mandates, and the team continues to assist with tax structuring issues concerning trusts, companies and other vehicles.Practice head(s):
George Economides
Testimonials
‘George Economides is particularly known for his exceptional client rapport, always putting clients’ interests at the forefront. Also, one of the standout qualities of the team is their exceptional problem-solving skills.’
‘They have a great team for tax.’
‘They have team members with exceptional experience. They know the ins and outs of the fiscal system.’
‘A well organised and highly professional firm, with abundance of expertise and specialisation.’
‘George Economides has a perfect sense of the commercial reality and the challenges of the market the firm is operating in. He always strives to be supportive and attentive to all relevant discussions.’
‘Their approach is client-centric, ensuring personalised and well-crafted legal solutions. The international network of E&G Economides flawlessly manages global issues, making them a top pick for businesses operating across borders.’
‘George Economides’ profound legal insight and conscientious approach consistently simplifies complex issues, providing tailored, innovative solutions with impeccable timing. George’s exceptional ability to clarify intricate legal matters ensures we are always in the loop.’
Key clients
Unisoft Sys Limited
Findersoft Ltd
Qualysoft Holding Limited
Atomex Limited
Alber Blanc Capital Ltd
Expertum Ltd
M&M Ventures (2014) Limited
Intellectokids Ltd
Work highlights
- Advising Qualysoft Holding on Cyprus tax issues concerning alternative methods for a company restructuring.
- Advising Alber Blanc Capital on Cyprus tax issues arising from a group restructuring.
- Advising Atomex Limited on Cyprus tax issues concerning alternative scenarios for restructuring.
Cyprus > Commercial, corporate and M&A Tier 5
Virginia Adamidou heads up the corporate practice at E & G Economides LLC, which counts complex corporate restructurings as a key area of instruction. The team is also strong in handling a broad range of contractual matters, and regularly represents high-net-worth individuals, entrepreneurs, multinational corporations, international law firms, equity funds and shipping institutions in corporate issues. George Economides is a key practitioner to note.Practice head(s):
Virginia Adamidou
Other key lawyers:
Testimonials
‘E&G Economides LLC has a team of professionals with deep knowledge in corporate and M&A. They provide a full range of legal services in these areas.’
‘George Economides is an outstanding lawyer in civil and corporate law in Cyprus.’
‘This practice offers a high level of professionalism with a quick response time. George Economides has provided support and in depth knowledge.’
‘They are highly qualified. Very professional in terms of rendering services and providing principals with substantial data to evaluate the case.’
‘Efficient and responsive team – ready to listen and find solutions.’
Key clients
Venteri Capital Ltd
Szecskay Law Firm
Venedig Ltd
Alma Advisors Ltd
VQ Biotech One Ltd
Aircraft Handling Alliance Ltd
New Garden Pharma
The Ability Group
Polsteam Group
Everlegal
TCI International Inc.
Ianira Enterprises Limited
D. Zavos Group
Cyprus > Dispute resolution Tier 5
Under the leadership of Klearchos Christofi, E & G Economides LLC's team is adept at handling a wide range of contentious civil, commercial and criminal cases. Other key areas of instruction for the group include white-collar fraud matters and corporate restructuring issues. George Economides is a key practitioner in the department.Practice head(s):
Klearchos Christofi
Other key lawyers:
Testimonials
‘An experienced team of lawyers with very high standards. Well informed and hard working. Modern approach to delivering business. Accurate and able to come up with solutions to difficult problems. Reasonable charging rates and getting value for money.’
‘Efficiency of all professional members of the firm.’
‘George Economides and Klearchos Christofi are top lawyers and would not hesitate to recommend them to other professionals or clients. They both have a business acumen and provide well documented advice.’
Key clients
Bank of Cyprus PLC
Totalserve Management Ltd
Placberg Investments Ltd
Vadim Ryckov
Marek Sapolinski
Anemi Trustees Ltd
Hellenic Bank Public Company Limited
Palodia Community Council
Puzzle Entertainment Ltd
RSS Logistics Ltd
Work highlights
- Represented the client in the legal procedures for the reimbursement of losses in relation to a complex dispute against a brokerage firm.
- Acted as counsel to RSS LOGISTICS LTD in litigation concerning a damages claim for VAT and tax fraud.
E & G Economides LLC > Firm Profile
The firm: E & G Economides LLC is a full-service, dynamic and proficient law firm based in Limassol, Cyprus.
At the outset, the firm concentrated in providing legal services relating to Corporate, Commercial, Tax and Trust matters to its clients. Fueled by demand and organic growth, the firm evolved and broadened its areas of practice while, at the same time, continuously reinforcing existing ones.
With a team currently comprising over 20 advocates, having major experience in Cyprus and abroad, E & G Economides LLC continues to grow and expand its areas of practice with the support of an active network of global associates having long-standing ties to the corporate and financial communities. Its team of lawyers and legal consultants always strive to exceed all expectations and deliver outstanding client service. The firm invests in its people and welcome diversity and individuality.
The firm maintains a diverse client base and is regularly instructed by high-net-worth individuals, entrepreneurs, multinational corporations, tax firms, as well as global banking and credit institutions at a domestic and international scope.
Its clients’ interests often have a global focus and it is therefore frequently mandated to co-operate with international law firms on multi-jurisdictional projects/cross-border engagements. Such assignments have been pivotal in yielding a globally-minded perspective and have brought the firm in close co-operation with international law firms. E & G Economides LLC is often the firm of choice for a number of law firms and it maintains an active network of global associates.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Immigration, Tax, Real Estate, IP, Technology & Digital Commerce | George Economides | george.economides@economideslegal.com | +357 25 866 480 |
Corporate, M&A transactions, corporate reorganisations | Melina Dionysiou | melina.dionysiou@economideslegal.com | +357 25 866 480 |
Corporate & Commercial, Banking & Finance, Investment Funds | Virginia Adamou | virginia.adamidou@economideslegal.com | +357 25 866 480 |
Intellectual Property & Data Protection, Technology & Digital Commerce | Xenia Kasapi | xenia.kasapi@economideslegal.com | +357 25 866 480 |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Ms Virginia Adamidou | Partner | View Profile | |
Ms Yiota Costa | Advocate | View Profile | |
Ms Melina Dionysiou | Director | View Profile | |
Mr George Economides | Partner | View Profile | |
Ms Eleana Economides | Partner | View Profile | |
Ms Thalia Efthymiou | Advocate | View Profile | |
Ms Xenia Kasapi | Advocate – Head of Intellectual Property & Data Protection Department | View Profile |
Staff Figures
Number of lawyers : 20Languages
English Greek RussianMemberships
Cyprus Bar Association International Bar Association AIJA STEPInterviews
George Economides, Partner
George Economides of E&G Economides LLC, shares his thoughts on current and future behavior of law firms in Cyprus and abroad.What do you see as the main points that differentiate E&G Economides LLC from your competitors?
As in all professions, you need to have several factors and elements that can help to differentiate you from the competition; as general and as broad as that may sound. E&G Economides LLC, being in the legal arena for the last two decades, has managed to identify and successfully worked towards adopting such factors, that now help to constitute the firm as one of the leading law firms in Cyprus. You are expected to be professional, efficient and swift, whilst at the same time be able to offer personal attention, care, support and to clearly demonstrate the thorough understanding of the client’s needs. Also, to be flexible, available, supportive of diversity and individualism and quite often, if I may say, compassionate where needed. These are the main values that we possess and which are being cultivated towards the younger generation of lawyers who join our dynamic legal team.
Amongst our people, there is a variety of background, experience and age group diversity. Combined with our long-standing tradition of working with clients and associates from all around the world and of all caliber, it has further contributed to forming a solid professional outlook of an international reach, through which our approach is often tuned in such a way to accommodate the very different international needs, norms, expectations and cultural aspects that each separate case may embed and demand.
Technological advancements such as the use of specialized software, possibility of remote working and paperless procedures add value to the speed and efficiency of our internal workspace.
Moreover, our law firm always strives to adapt with current developments. To this end, shifting further from the traditional services that are generally being offered and in order to distinguish further, we established new departments such as Technology & E-commerce, GDPR and strengthened our IP department; all with highly experienced advocates. These departments currently have a big dynamic and momentum locally as well as internationally, and they often compliment the other traditional services offered to existing clients.
Which practices do you see growing in the next 12 months? What are the drivers behind that?
Not counting any unpredicted or unfortunate events such as the recent COVID-19 outbreak, it is rather obvious what practices are most likely to thrive in the near future.
Corporate restructurings and commercial transactions – Cyprus has a strong corporate background therefore such area will never cease to develop.
Shipping – Cyprus has a great tradition in shipping, ship management and crew management matters. The unique tax advantages and incentives that are being offered, such as the tonnage tax and the VAT yacht leasing schemes, are most likely to continue having a strong demand.
Technology & Digital Commerce – Cyprus hosts many leading local and international technology companies and enquiries in services throughout a broad range of areas from corporate transactions to Intellectual Property and consumer protection are frequent. Fintech and paytech innovations and products, EMIs and entertainment such as gaming and telecommunications will also be of immense importance.
Funds & Regulated Financial Services: As a modern and upcoming funds jurisdiction, Cyprus attracts international and local investors. On the other hand, professionals – from fund managers to legal consultants – do have the know-how and expertise to operate a high profile fund based also on the effective regulatory and legal framework.
What’s the main change you’ve made in the firm that will benefit clients?
The firm’s clients include HNWIs, entrepreneurs, multinational corporations, shipping institutions, magic and silver circle law firms, tax firms as well as banking and credit institutions located within and outside Europe.
Like any other law firm in Cyprus and abroad, the negative impact of COVID-19 into the normality of our day to day business development and client activities and communication has been tremendous. We have been eager to concentrate on the firm’s business continuity and sustainability so that we continue to do business as usual. Because of that and taking an unfortunate situation and turning it over into an advantageous one, we are now always available either at the office or home. This is easier for our staff and professionals to get educated via digital e-seminars with a variety of educational, professional and self-developments seminars.
As clients are becoming more and more demanding, one has to keep up with all modern practices and seek ways to improve its services and modus operandi.
Is technology changing the way you interact with your clients, and the services you can provide them?
Over the years and further to the variety of transactions that we have participated in, which are most often multijurisdictional, we have noticed that certain procedures and protocols have indeed changed; not only by international law firms, but from clients as well. Because of the constantly growing competition, necessity of agile working and the continuous personal and professional development, one is being forced to adapt so that all aspects of international, commercial and other transactions are being efficiently handled.
Our firm has also, in some occasions, adopted its electronic signature procedure striving to achieve less costs and swift actions in cases of urgency. It is only obvious that such practice shall grow in an exponential pace and will be a necessity rather than just a convenience.
It is also without any doubt that strong winds of change are sweeping through. The office 4.0 is gradually replacing the traditional law firm environment with a rather innovative and entrepreneurial one. Office 4.0 simply adapts with the technology, agility and remoteness, current state of events and the economic situation of said period. This is the model to look forward to and how it will be from now onwards. The pandemic made us realise that this was the beginning of a workplace for the entrepreneur and freelancer professional.
Can you give us a practical example of how you have helped a client to add value to their business?
Our professionals have the excellent tendency of working together during projects. Multi-element assignments, such as the below, are giving us the agility of tending to a variety of areas at the same time.
A recent example would be the restructuring of a group of companies which recently acquired a company holding a significant IP. All corporate and due-diligence procedures took place, and we were able to identify the need and indeed provided all other IP requirements such as protection and maintenance, GDPR support and compliance, all related tax advice and, of course, a due-diligence on the software license of the IP.
Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
Moving forward, the regulatory and technological environment both in Cyprus and abroad is changing at a fast pace and the actual challenge is to remain abreast of such developments. E&G Economides LLC has always looked out on investing as much as possible in its people and motivating its personnel on a daily basis whilst at the same time remaining loyal to the unwavering commitment towards clients and associates by exceeding their expectations.