International Tax Planning

The International Tax Planning Department of Michael Kyprianou & Co LLC provides advice on the full spectrum of international Tax Planning in relation to the use of Cyprus companies for efficiency in tax structures, issuing and providing of legal advice in relation to tax matters, obtaining tax opinions from the relevant tax authorities, restructurings, corporate governance, and private equity investments. The team advises clients across the globe on both their domestic deals as well as their most intricate cross-border transactions, offering market-leading capabilities in relation to personal and/or corporate matters.

The depth of the experience and knowledge of the tax lawyers of Michael Kyprianou & Co LLC enables the team to act expeditiously and deliver results on complex domestic and multijurisdictional transactions.

Michael Kyprianou & Co LLC’s clients derive from several industries, such as financial services and financial institutions, real estate, private equity, energy, insurance, pharmaceuticals & healthcare, sovereigns, mining, manufacturing & industrial, maritime & shipping and technology.

Our services
  • Divestment
  • Electronic money and e-business
  • Expansion
  • IPOs and public financing
  • Mergers and acquisitions
  • Post-acquisition integration and restructuring
  • Private finance and refinancing
  • Rationalization

Our experience

  • Our firm primarily advises on restructuring and reorganizations that lead to mergers and/or other structures for purposes of optimization. We also advise on voluntary and involuntary liquidations and their tax implications, although we are seeing a slight increase in M&A enquiries on tax issues arising after the merge.

  • We receive instructions to negotiate and, in some cases, eventually appear in court on behalf of clients due to problems between the Inland Revenue Department and the VAT Department and Cyprus companies.

  • We also represent a very large number of Cyprus investment firms structured through Cyprus also at a holding level and there is a significant upswing in I.P.O. related enquiries.

  • We have been requested to provide legal and tax advice in relation to UHNWI for the restructuring of their family assets through the application of Cypriot trusts and Cypriot Limited Liability Companies. We have assisted in numerous situations from a Cyprus tax point of view and in connection with other advisors from around the globe to ensure compliance in relation to the individual's purposes.

  • We receive requests to act as Trustees in Cyprus International Trusts and provide legal advice for structuring purposes.


  • The ‘very strong’ team at Michael Kyprianou & Co LLC has ‘good domestic and international capabilities’ and primarily advises its clients on the tax elements of restructurings and reorganisations. Lambros Soteriou and Tonia Antoniou jointly head up the practice, which also provides assistance on general tax issues, transfer pricing work, redomiciliations, mergers and liquidations.

    2020 Legal 500 Directory

  • The Tax team is known for advising on a variety of tax issues, with particular skill in tax restructuring. It also assists with tax planning, tax optimization and VAT mandates. Lambros Soteriou and Tonia Antoniou are recommended.

    2020 Chambers Europe Guide

  • The team at Michael Kyprianou & Co LLC provides ‘accurate’ advice on a range of matters from the tax aspects of restructurings and reorganisations through to advice on transfer pricing. Lambros Soteriou is a key contact.

    2019 Legal 500 Directory

  • Michael Kyprianou & Co LLC acts on a variety of tax issues, with particular skill in restructuring and litigation proceedings. Client base includes HNWIs and multinational companies, in addition to regular instruction by global law firms on Cypriot tax matters. Lambros Soteriou and Tonia Antoniou are key contacts and clients say that the team consists of ’knowledgeable and experienced lawyers who have effective communication and good handling of assigned tasks.’

    2019 Chambers Europe Guide

  • Michael Kyprianou & Co. LLC advises on major restructuring and reorganization projects and the tax aspects of liquidations. The Department, headed by Lambros Soteriou, is also skilled at handling tax controversy work.

    2017 Legal 500 Guide

  • "The main strength of the firm is its ability to find a solution to every unique situation."

    2017 Chambers Europe Guide

  • The Tax Department of the Firm also ranked in the 2016 Legal 500 Guide.

    2016 Legal 500 Guide

  • The Tax Department of Michael Kyprianou & CO LLC ranked in the 2016 Chambers Europe Guide, whereby the firm's clients stated that "The lawyers are very responsive and we are very happy with them".

    2016 Chambers Europe Guide

  • Our firm has been awarded the 2014 Cyprus Export Award for services provided. The Award was presented for Michael Kyprianou & Co LLC's international service excellence against very stiff competition. The Cyprus Export Awards is an event that is arranged by the Chamber of Commerce and Industry in association with the Ministry of Energy, Commerce, Industry and Tourism and it is a yearly event that has been organised for many years in Cyprus. The 2014 Cyprus Export Award was presented by His Excellency President of the Republic Mr Nicos Anastasiades at an exclusive ceremony on the 26th of February 2016 at the Presidential Palace.

    2014 Cyprus Export Award