Tax Advisory
Our tax team consists of tax qualified lawyers, certified public accountants (CPA), chartered accountants and chartered certified accountants (ACA/ACCA), making our tax practice known for its' strong reputation for advising clients from all over the world and across different industries.
We offer specialist tax opinions on all aspects of commercial, corporate, business and private wealth matters and we have the capacity, expertise and experience in recommending tax efficient structures for the benefit of our clients.
We advise a wide range of clients including commercial corporations and financial institutions to private individuals and investors.
We advise on corporate tax minimization by recommending advance tax planning on structuring and re-structuring, strategic tax set ups and avoidance of double tax payments on commercial transactions, including recommending tax efficient holding companies, financing structures and permanent establishment issues.
With our wide expertise and experience we are able to recommend the implementation of tax effective solutions based on the Cyprus network of international double tax treaties and bilateral agreements. We offer corporate tax optimization and, when necessary, we apply advance tax rulings from the Cyprus tax authorities.
We aim in identifying tax efficient jurisdictions for structuring the operations of our clients’ businesses in consideration of minimizing the overall corporate tax burden. Furthermore, we consult our clients on restructurings, mergers and acquisitions, takeover and redomiciliations to and from Cyprus, always aiming at tax optimization.
We advise private individuals on wealth planning in accordance with:
- Tax domicile and residency matters
- The Cyprus non-domicile or "non-dom" tax regime
- Incentives for private individuals and their families for relocating and transferring their tax residency status in Cyprus
- Tax efficient schemes for High Net Worth Individuals (HNWIs) when relocating in Cyprus, including leasing schemes for yachts and private aircraft, and the use of trusts.
Legal500 EMEA 2023 Edition
"The practice consists of highly qualified team of lawyers, consultants as well as chartered accountants, all specializing on different areas of tax and it is evident that in the past few years they have invested deeply on expanding their tax practice. AGPLAW lawyers have an exceptional way of handling tax projects and it’s a pleasure for us to work with such a team.".
"They have gained a strong reputation in tax in Cyprus and I believe there is no other law firm in Cyprus with a truly dedicated tax practice as AGPLAW has. The differentiative factor from competitors in Cyprus is that AGPLAW consists of a true tax team, specialists on tax and focusing on expanding this practice further.".
"We work with the entire tax team on nearly a daily basis. They all work as a team and bring admirable results. Angelos Paphitis is an excellent specialist, Michael Alexandrou, a very experienced and highly skilled tax advisor, Nicolas Patsalis, very attentive and professional.".
