Under the leadership of George Ioannou, the team at Chrysostomides Advocates & Legal Consultants has considerable experience in assisting with an array of tax planning matters for the implementation of both corporate and personal wealth structures. The group fields expertise in handling personal taxation, VAT, customs duties, transfer pricing and withholding taxes in cross-border deals, as well as advising on employment tax matters and property tax. Additionally, the department continues to assist high-net-worth individuals with tax efficient structures, and is noted for handling tax residency issues. At associate level, Konstantinos Taramountas is a key name.

The ‘extremely efficient' team at Clerides, Anastassiou, Neophytou LLC is highly regarded for its ‘in-depth knowledge of  tax law' and 'high level of professionalism and solution-oriented approach’. At the helm is Stavros Clerides, who garners praise for his ‘razor sharp business skills'. The practice boasts substantial experience in advising on the tax aspects of acquisitions, mergers, IPOs and other complex financial arrangements, with niche expertise in assisting with private equity and venture capital deals and angel financing. Other key areas of strength include assisting with international taxation law and tax treaties. Andri Stylianou is a key practitioner to note.

Elias Neocleous & Co LLC is home to a tax team with established strength in supporting the firm with the development and implementation of innovative and tax-efficient structures for international transactions, as well as providing standalone tax advice to clients. The group's workload includes advising on a broad spectrum of domestic tax matters and cross-border mandates, particularly relating to devising and implementing tax-efficient holding and finance structures for cross-border investments. Other key areas of instruction include tax litigation, assisting very high-net-worth-individuals with personal tax issues, and handling the tax aspects of employment matters. The department is co-led by Elias Neocleous and Kyriacos Xenophontos; Elena Christodoulou and Kyriaki Stinga are singled out for their contributions.

The ‘exceptionally responsive’ team at KINANIS LLC garners praise for its ‘profound expertise’ in tax law. The group’s expertise spans transfer pricing, VAT, international tax planning, personal taxation matters and corporate tax, with noted strength in advising on the IP Box Regime. Under the leadership of Charalambos Meivatzis, Marios Palesis and Demetra Constantinou, the department is able to act for prominent international law firms, large accounting entities and other consulting firms. The group is also frequently engaged by clients in the technology, IP, real estate and financial services sectors. Yiota Michael is a name to note.

Stavros Pavlou and Stella Strati co-head the highly regarded team at Patrikios Legal, which has an established track record in assisting a client base of  international entities, large groups of companies and wealthy individuals with a wide spectrum of tax matters. Key areas of instruction for the group include advising on the setting up of efficient tax planning structures, restructuring of shareholding structures, and tax issues arising from major mergers, acquisitions and corporate restructurings. It also has particular strength in advising entrepreneurs on tax planning and implementation of succession planning issues for their businesses and private estates, which often include cross-border elements, as well as handling the execution of high-value financing transactions in complicated loan restructurings.

The 'dedicated' tax practice at AGPLAW | A.G. Paphitis & Co. LLC has 'a strong reputation in the market’. The group's expertise spans a wide spectrum of tax matters, including tax structuring, corporate tax, tax litigation and transfer pricing issues. In addition, it receives a regular flow of instructions to assist clients with matters involving the IP Box Regime, as well as advising foreign investors on property tax and tax residency status in Cyprus. The department is led by the triumvirate of Angelos Paphitis, Nicolas Patsalis and recently promoted partner Michael Alexandrou.

At Antis Triantafyllides & Sons LLC, the tax practitioners are integrated into the firm’s transactional team. The group regularly acts for corporations and individuals in relation to a broad range of Cypriot tax issues arising from local and international transactions across multiple sectors. The client base includes domestic and foreign companies and financial institutions. Stelios Triantafyllides and litigation expert George Triantafyllides co-head the group.

At Harneys, the practice is well versed in handling the full range of contentious and non-contentious tax matters. The group is well known for its niche focus on assisting with various international tax exchange matters relevant to the automatic exchange of information regimes, and regularly acts for an established client base of private equity firms, high-net-worth individuals, start-ups, audit firms, multinational financial institutions and trust companies. The team is co-led by Pavlos Aristodemou and London-based Aki Corsoni-Husain.

Under the leadership of Andreas Mylonas, the talented team at AMG Mylonas & Associates, LLC has established strength in assisting with aspects of corporate and business taxation. The group advises local and international clients on national and cross-border corporate tax matters, and is also noted for handling transfer pricing, VAT, and tax planning mandates. The practice has notable expertise in the fintech sector, and is instructed to advise on the tax aspects of crypto projects.

Andreas Coucounis & Co LLC has a busy practice that provides tax advice to international law firms in relation to changes in Cyprus' tax legislation pertaining to cross-border tax arrangements, and is equally strong at assisting with tax residency matters and the tax aspects of investments into Cyprus. Other key areas of instruction include VAT issues and tax management matters. Dimitria Coucouni heads up the department.

George Economides heads the practice at E & G Economides LLC, which has an excellent reputation for advising on the tax structuring of international investments and transactions, as well as the tax aspects of cross-border mergers, acquisitions and disposals. The group’s workload also includes handling double tax treaties and transfer pricing mandates, and the team continues to assist with tax structuring issues concerning trusts, companies and other vehicles.

Michael Kyriakides and Angela Charalambous co-head the tax practice at Harris Kyriakides, which provides tax advice to a range of clients, including multinational companies, high-net-worth individuals, and trusts. Tax litigation is a prominent area of instruction for the team, with VAT disputes prominent in the group's workload. The department also has a solid track record in handling appeals before the Cyprus Tax Tribunal.

At Michael Kyprianou & Co. LLC, the team is well versed in advising on the tax aspects of restructurings and reorganisations, M&A and liquidations. Transfer pricing matters are another key driver of work for the group, which is also adept at assisting with a wide spectrum of contentious tax issues. Lambros Soteriou and Tonia Antoniou co-head the practice, in which Ioanna Solomou is a key name to note.