A.G. Paphitis & Co LLC

A.G. Paphitis & Co LLC is a full-service law firm in Cyprus. Providing legal, corporate, financial solutions advisory, tax and immigration services, their client portfolio consists of local and foreign private individuals, international corporations, and multinational corporations. With strong presence in the international market, AGP’d tailor-made advice is expertly woven to make it possible for clients to succeed in their endeavors.

Latest from A.G. Paphitis & Co LLC - Page 3

Geopolitical Tensions and Maritime Risk  | Why Strategic Ship Registration Matters More Than Ever
The recent escalation of tensions in the Middle East and the disruption of maritime traffic through the Strait of Hormuz have once again highlighted how vulnerable global shipping routes can be to geopolitical developments. For shipowners, operators and maritime investors, these

Regulatory & Enforcement Exposure for Cyprus Investment Firms | 2026 Outlook

The regulatory landscape for Cyprus Investment Firms is becoming increasingly demanding, with regulators placing greater emphasis on effective governance, robust compliance frameworks, and operational resilience. As supervisory expectations across the EU continue to evolve, firms operating through Cyprus may face increased regulatory scrutiny and

CySEC Circular C754: ESMA Cross-Border Reporting for Cyprus Investment Firms

Key Obligations and Practical Guidance

On 09/02/2026 the Cyprus Securities and Exchange Commission (“CySEC”) issued Circular C754, introducing a new regulatory reporting requirement for Cyprus Investment Firms (“CIFs”) following an initiative by the European Securities and Markets Authority (“ESMA”).

The circular requires certain CIFs to

Tangible Movable Property as Security under Cyprus Law | Lending & Taking Security in Cyprus. Part 2

Introduction
Tangible movable property plays a central role in secured lending structures particularly in corporate and asset-based financings. This note outlines what is treated as tangible movable property, the main security devices used, and the key perfection and

Lending & Taking Security in Cyprus |The Legal Framework, Emerging Risks & Strategic Considerations for Lenders

Cyprus has long positioned itself as a strategic European hub for international structuring, cross-border investments and financing transactions. As an EU Member State with a sophisticated corporate framework and common law foundations, Cyprus is frequently used in holding structures,

Passive income taxation – An update

With the comprehensive tax reform enacted at the end of 2025, the taxation of passive income in Cyprus has been reshaped in a much more structural way than in previous years. The reform decouples the treatment of individuals from that of companies, abolishes deemed dividend distribution on new profits,

The European Artificial Intelligence Act in 2026

In June 2024 the European Parliament and European Council have adopted the Regulation (EU) 2024/1689, which will come in force in August 2nd, 2026.

Introduction

In light of the rapid technological developments and the increased dependence on tools such as artificial intelligence, there was also a constant need

Can Anyone Add Assets to a Trust? The Legal Reality

One of the most frequently misunderstood aspects of trust structuring concerns the contribution of assets. Clients, advisors, and sometimes even professionals assume that once a trust exists, assets can be “placed into it” relatively freely, by anyone, at any time, and often without close attention

Restitution and Unjust Enrichment under Cyprus Law

Failed commercial transactions often raise a deceptively simple question: can money already paid be recovered? Cyprus law answers this question through the doctrines of restitution, unjust enrichment, and failure of consideration, areas of law that have been refined by Supreme Court jurisprudence.

Two decisions stand out as particularly