Tax

Chrysostomides Advocates & Legal Consultants

At Chrysostomides Advocates & Legal Consultants, George Ioannou heads up a talented team which is highly regarded for its advice on a broad array of tax planning matters. The department frequently advises on the tax implications of issues in the digital economy, as well as on mergers and acquisitions, reorganisations and joint ventures. It continues to be busy advising on a variety of other commercial projects and due diligence matters. The group is immensely experienced in advising on issues such as transfer pricing, employment taxes and withholding taxes in cross-border transactions. A significant part of its tax-related work relates to advising wealthy individuals on personal tax matters and tax-efficient structures. Konstantinos Taramountas is another highly-regarded member of the practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Very prompt and business-friendly tax advice, immediate turnaround and availability.’
‘George Ioannou and Konstantinos Taramountas are always pleasant to work with, technically oriented, and provided targeted advice.’
'Chrysostomides Advocates & Legal Consultants is distinguished by its exceptional expertise in cross-border legal matters, paired with a personalised and technology-focused approach to client service.'
'Recognised as thought leaders in the region, their lawyers bring a deep understanding of Cypriot law and international frameworks, especially in tax advisory, international tax, trust planning and transfer pricing.'
'The individual lawyers at Chrysostomides Advocates & Legal Consultants stand out for their deep legal acumen, international qualifications, and unwavering commitment to clients.'
'George Ioannou is widely respected in the field of corporate and tax law, known for his meticulous attention to detail and his talent for navigating complex regulatory landscapes.'
'We recognise Konstantinos Taramountas for his valuable contributions to our mutual projects as well as for his responsiveness, availability and flexible approach to challenging matters.'
'Clear explanations and quick response. Konstantinos Taramountas.'

Key clients

Wolt Cyprus Ltd
Tencent
Veeva Systems
Marsh & McLennan Companies
FedEx Corporation
Microsoft Corporation
Moody's Corporation
BRP Tax
Mastercard
Astrobank PLC
DECA Investments

Work highlights

Advised DECA Investments, a private equity fund based in Luxembourg, on the tax aspects for the acquisition of a multi-million EUR minority stake in cybersecurity provider Odyssey Consultants Limited.
Advised the American University of Beirut on the tax implications of its EUR60m investment in Cyprus for the construction of a new campus.
Advised FedEx and Microsoft Corporation on Cyprus-based employees’ tax matters, including corporate tax, personal income tax and withholding tax.