Former BFU Rebranded and Expanded

Cyprus has strengthened its defensive tax regime on outbound payments to high-risk jurisdictions as part of its ongoing alignment with international tax standards and efforts to combat base erosion and profit shifting (BEPS).

We are proud to announce that the participants in our 2024–2025 Lawyer Trainee Program have once again demonstrated exceptional ability and resilience in this year’s Cyprus Bar Exams. Despite the significant changes introduced to the examination framework, which presented additional challenges for all candidates across Cyprus, our Lawyer Trainees rose to the occasion and achieved truly remarkable results.

It's clear now that technological advancement occurs at a very fast pace, fundamentally reshaping our daily lives. We are currently experiencing the progress that has emerged from Artificial Intelligence (AI) and AI systems.

We are very proud to announce our 8th consecutive Band 1 ranking in Chambers High Net Worth 2025.

Congratulations to Stella Strati, Partner-Head of Corporate & Private Client,  on her well-deserved ranking in the Chambers High Net Worth 2025 guide!

We are pleased to share that two of our leading lawyers at Patrikios Legal have been featured in the Lexology Asset Recovery Index 2025, a respected global guide that highlights the leading professionals in the field of asset tracing and recovery across 83 jurisdictions.

We are proud to share that for the seventh consecutive year, Elias Neocleous & Co LLC (ENC) has been recognised by India Business Law Journal (IBLJ) as one of the top foreign law firms for India-related legal work in its prestigious 2025 report.

The article “How and when should you transfer property ownership to your children?” explores key legal and practical considerations involved in gifting immovable property during one’s lifetime in Cyprus. It highlights the benefits of early transfer—such as peace of mind, probate avoidance, and favourable tax treatment—while also addressing potential pitfalls including loss of control, family disputes, and inheritance complexities. Written by Annabelle Antoniades and Katerina Krassa, the article also examines the use of usufruct rights, Cyprus international trusts, and the relevance of EU Succession Regulation 650/2012 for international families.

Not everything is entirely bleak in Cyprus’s justice system. While public trust in the judiciary has declined in recent years, three recent developments highlight both the problems and potential for reform.