A.G. Paphitis & Co LLC

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In Cyprus, trusts are governed by a specific legal framework which constitutes a combination of English and Cyprus law, the Principles of Equity and Statute Law (the Trustees Law of Cyprus, Cap 193), which is modelled on the English Trustee Act 1925; and the Cyprus International Trusts Law (Law 69(I)/1992, as amended by Laws 20(I)/2012 and 98(I)/2013). The International Trusts Law is one of the world’s most attractive legal frameworks as it builds on the…
This particular guide of LexisNexis is about Dispute Resolution and it provides the reader with a broad scope as well as analysis of the current legislation as well as regulations that govern dispute resolutions practices around the globe with a focus on the Asian-Pacific region. It educates and makes you comprehend dispute resolution practices in not known jurisdictions through Q&A style chapters which can actually be easily compared with other jurisdictions. This is the sixth…
It is with great honour to announce that our firm has been awarded as the Cyprus Law Firm of the year in Litigation & Dispute Resolution at the European Legal Awards 2019 in Paris. The award was received by the firm’s Managing Partner, Mr Angelos G. Paphitis. The awards were held at the prestigious Hôtel Ritz on the 5th of December, where several law firms from Europe attended. The awarded law firms and lawyers covered the…
The Cyprus Registrar of Companies office announced the amendments of the Companies Law Cap. 113, regarding the administrative fines for the filing of the below application forms to the Registrar, with enforcement on the 18th of December 2019: allotment of shares (HE12); change of registered office (HE2); changes to the particulars contained in the company’s register of directors and secretaries (HE4); transfer of shares (HE57); and annual return (HE32) Penalties Failure to submit the necessary…
The Cyprus Investment Programme is ranked among the top 10 programmes in the world for global citizenship. It was established to attract foreign direct investment and encourage high-net-worth individuals to settle and conduct business in Cyprus, thereby boosting the nation’s economy. One of the key features of this programme is its investment policy, whereby non-EU citizens (including Russian, Ukrainian, Arab and Chinese citizens) can obtain Cypriot citizenship by making specific investments. This is one of…
The Cyprus Investment Programme is ranked among the top 10 programmes in the world for global citizenship. It was established to attract foreign direct investment and encourage high-net-worth individuals to settle and conduct business in Cyprus, thereby boosting the nation’s economy. One of the key features of this programme is its investment policy, whereby non-EU citizens (including Russian, Ukrainian, Arab and Chinese citizens) can obtain Cypriot citizenship by making specific investments. This is one of…
AGP Law Firm has been awarded and ranked at The Lawyers Global as Winner – Band 1 Country Winners Firm 2019. It is a great honour to be recognized in your industry and in the legal profession it is quite the achievement being the Cyprus Law Firm of the year 2019. The Lawyers Global is an exclusive guide for the elite Law firms as well as lawyers. It is an organization that provides its services globally…
We are proud and elated to announce that A.G. Paphitis & Co. has been ranked in Benchmark Litigation Europe, 2020 edition. It is an honour to be featured in such a prestigious legal guide. Benchmark Litigation is the definitive guide to the world’s leading litigation law firms and lawyers. Now in its 12th year of publication, Benchmark exclusively covers the litigation and disputes market in North America, covering the US, Canada, Latin America and, most recently, Europe…
For a long time, binary options trading was a popular financial tool for traders. It is one of the easiest ways for a beginner to start trading. Such options were available in many European countries, and Cyprus was no exception. However, not everything is as simple as it might seem. Since there were some diceiving brokers in Cyprus, it made people wary as to whether brokers based in it are the right choice or not.…
We are proud to have turned our clients’ trouble into a great litigation success against criminal money launderers and to a substantial one-of-a-kind compensation of over €38 million. Our clients, Mayzus Financial Services Ltd (a UK payment institution, trading as ‘MoneyPolo’), OKPAY CY Ltd (a Cyprus electronic money institution), OKPAY Inc (a BVI introducing broker) and Mr Sergey Mayzus, business man and major investor and shareholder to MoneyPolo and OKPAY CY, have been victims of…