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AGPLAW | A.G. Paphitis & Co. LLC

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The team at AGPLAW | A.G. Paphitis & Co. LLC is well-placed to advise domestic and international corporate and private businesses, as well as HNWIs on a broad array of issues. Under the joint leadership of Angelos Paphitis and Michael Alexandrou, the team specialises in transfer pricing,  international tax planning and corporate tax advisory work. In addition, the department provides private tax and wealth planning services to its clients. Another area of focus is advising on VAT matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The AGP team have been exceptional from start to finish. I am very happy with all the support they have provided over the years.’

  • ‘Michael Alexandrou is my man - he sorts everything out for me without question or fuss, always on the ball.’

  • ‘AGP's tax team is very professional and ready to help with any question.'

  • ‘Michael Alexandrou -is the main contact on tax matters and we can fully rely on him on a variety of tax-related topics.’

  • ‘Best service provider I have worked with. AGP is very professional, gives personal service and attention, clear communication and most of all, they reply in a timely manner. ’

  • ‘Michael and Aphrodite have delivered since day one, year after year. Quick replies, clear communication and they seem to understand the business aspect of things. Very easy and smooth to work with them, A+.’

  • ‘Angelos Paphitis stands out as a top-notch specialist, while Michael Alexandrou brings a wealth of experience and expertise as a tax advisor and Aphrodite Demetriou possesses exceptional knowledge in tax and accounting.’

  • 'Michael Alexandrou is incredibly knowledgeable and always ready to offer support when needed. His professionalism and guidance have been invaluable to both me and the company. Aphrodite Demetriou stands out for her attention to detail and professional work, ensuring everything is accurate and timely.'

Key clients

  • AFW
  • Investments Ltd
  • Yesteq Ltd
  • TIM Global Invest Group Ltd
  • Gaintrade Limited
  • Tenet Middle East Tax Consultants L.L.C.
  • Fidentia Trust S.A.
  • Musecy SM Ltd
  • Metaquotes Ltd
  • Sharp Consumer Electronics Europe Ltd
  • Finery Markets Ltd

Work highlights

  • Advised AFW Investments Ltd on the tax classification of its property sales in Cyprus, determining the company should be taxed as a trader at a 12.5% corporation tax rate instead of a 20% capital gains tax rate.
  • Advised Yesteq Limited on the tax treatment of distributions from its wholly owned U.S. Single Member LLCs, determining that these LLCs could either be treated as permanent establishments, incorporating their income and expenses into Yesteq's financials, or as sources of dividend payments, each with different tax implications under Cyprus law.
  • Advised TIM Global Invest Group Ltd on the timing of dividend taxation for a non-domiciled Cyprus tax resident, confirming that dividends are taxed based on the declaration date, not the payment date, thus ensuring accurate tax reporting and compliance.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Michael Alexandrou
AGPLAW | A.G. Paphitis & Co. LLC

Practice head

The lawyer(s) leading their teams.

Angelos Paphitis, Michael Alexandrou

Other key lawyers

Aphrodite Demetriou