M.Hadjitofi LLC

26/03/2026

We couldn’t be prouder to share that our law firm, M. Hadjitofi LLC, has been recognized and included in the Legal 500 Europe, Middle East & Africa 2026 rankings. 🎉

This distinction reflects our strong commitment to client satisfaction, with recognition in key areas including Lawyer & Team Quality, Billing & Efficiency, and Sector Knowledge.

A special round of applause goes to our founding partner and Managing Director, Margarita Hadjitofi. 👏🏽

She has been noted by clients as a ‘brilliant lawyer’ who combines ’pragmatism and technical excellence’.

Margarita Hadjitofi, the founding partner of M. Hadjitofi LLC and team specialise in the commercial, corporate and M&A practice, and more specifically in joint ventures, corporate restructurings, cross-border investments and the tech, fintech and gaming sectors.

Here is to many more successes and acknowledgments ahead! 🚀

22/12/2025

📢The Plenary of the House of Representatives has approved today the first comprehensive reform of the Cyprus tax system since 2002, introducing significant changes to corporate taxation, incentives, and anti-evasion measures.

The measures are subject to official publication of the law in the Official Gazette.

Key measures and changes include:

CORPORATE MEASURES

· Corporate tax rises to 15% from 12.5%;
· Special Defence Contribution (SDC) on dividend distributions will drop sharply from 17% to 5% for profits earned after 1 January 2026;
· Abolishment of the stamp duty;
· Abolishment of deemed dividend distribution for profits earned after 1 January 2026;
· Removal of the special defence contribution on rental income;
· Extension of the loss carry-forward period from five to seven years;
· The 120% super-deduction for research and development expenses of an intangible asset is extended until 2030;
· The maximum limit of entertainment expenses deductible for tax purposes is increased to €30,000, from €17,086;
· Increase of the tax-free threshold on capital gains to €30,000

ANTI-TAX EVASION MEASURES

· Mandatory payment of rent over €500 via bank transfer or electronic payment from 1 July 2026;
· The Tax Commissioner will be able to request the submission of a statement of assets and liabilities covering a period of six years and the mandatory keeping of data supporting the tax return for six years;
· The Tax Commissioner has also been granted unprecedented enforcement powers, including the ability to seal non-compliant businesses and freeze company shares for debts exceeding €100,000.

PERSONAL TAX CHANGES

· The tax-free allowance is increased to €22,000;
· New tax brackets set rates at 20% for income between €22,001 and €32,000, 25% for €32,001 to €42,000, 30% for €42,001 to €72,000, and 35% above €72,001;
· Introduction of graduated child and student deductions up to age 24. Families receive €1,000 for the first child or student, €1,250 for the second, and €1,500 for the third and subsequent children;
· Introduction of the following additional deductions: €2,000 deductions for performing loan interest and rent, €1,000 for green home investments including electric vehicle purchases, and up to €500 for home insurance premiums against the risk of natural disasters.

28/11/2025

📢 Cyprus’ New FDI Screening Framework

On 14th November 2025, Cyprus has enacted a new legislative framework for the screening of foreign direct investments (FDI), implementing Regulation (EU) 2019/452. The Law on the Establishment of a Framework for the Screening of Foreign Direct Investments, Law of 2025, which enters into force on 2 April 2026, introduces a mandatory notification and approval system for certain investments by non-EU/EEA/Swiss investors in enterprises considered strategically important to national security or public order.

Click below to find more information or contact us at [email protected]

20/10/2025

📢 We are expanding our Team!

https://www.linkedin.com/jobs/view/4317060346/

M. HADJITOFI LLC – Junior Corporate Lawyer Vacancy

The Team

M. Hadjitofi LLC is a boutique law firm based in Larnaca, Cyprus, offering high-quality legal and corporate services to a diverse portfolio of international and local clients. The firm focuses on key practice areas including corporate and commercial law, immigration and relocation services, real estate transactions, and regulatory compliance.

With a strong commitment to professionalism, attention to detail, and a client-focused approach, we are seeking to expand our team with the addition of a Junior Corporate Lawyer who shares our values and dedication to delivering practical, high-quality legal solutions in a dynamic and collaborative work environment.

What You Will Be Assisting the Team with:

• Drafting and reviewing agreements and other documents;
• Conducting legal research on relevant laws, regulations, and legal precedents;
• Drafting legal memorandums and legal opinions;
• Drafting court petitions/applications pursuant to the Companies Law Cap.113;
• Undertaking legal due diligence of Cyprus companies;
• Drafting and reviewing company resolutions;
• Providing assistance in immovable property transactions;
• Liaising with local, regulatory and other supervisory authorities;
• Carrying out compliance work including the reviewing and updating of the companies’ KYC files and the corresponding software;
• Assisting the team with compliance and administrative work; and
• Assisting on the efficient management of workflow of the team.

About You:

• At least 2 years of corporate and commercial law experience;
• Bachelor’s Degree in Law (LLB);
• Cyprus Bar Association qualified;
• Excellent verbal and written communication skills in Greek and English;
• Excellent time management, administrative and organizational skills;
• Strong team orientation, ability to work collaboratively in a team setting;
• Character Integrity, Confidentiality and Professionalism;
• Computer Literate (Microsoft Office).

What We Offer:

• Competitive salary based on qualifications and experience;
• Yearly Discretionary Bonus based on performance;
• 13th salary;
• One personal day off in addition to paid annual leave;
• Hybrid work model: 4 days in the office, 1 day remote;
• Friday afternoons off;
• Piloting a 4-day work week during the month of August, promoting work-life balance;
• Continuous professional development and accelerated career growth;
• The opportunity to work with a vibrant, collaborative team;
• An outstanding office in central location in Larnaca;
• A supportive and engaging environment where everyone feels supported and inspired.

If you meet the above qualifications and are passionate about practicing law in a collaborative and ambitious environment, please send your curriculum vitae to [email protected] and [email protected] quoting the above job title or apply through LinkedIn at https://www.linkedin.com/jobs/view/4317060346/.

All applications will be treated with the strictest confidence. Personal data will be securely stored and used solely for recruitment purposes. Only shortlisted candidates will be contacted.

Posted 6:27:15 AM. WE ARE EXPANDING OUR TEAM! M. HADJITOFI LLC – Junior Corporate Lawyer Vacancy The Team M…See this and similar jobs on LinkedIn.

20/10/2025

📢 We are expanding our Team!

M. HADJITOFI LLC – Trainee Lawyer Vacancy

M. Hadjitofi LLC is a boutique law firm based in Larnaca, Cyprus, offering high-quality legal and corporate services to a diverse portfolio of international and local clients. The firm focuses on key practice areas including corporate and commercial law, immigration and relocation services, real estate transactions, and regulatory compliance.

With a strong commitment to professionalism, attention to detail, and a client-focused approach, we are seeking to expand our team with the addition of a Trainee Lawyer who shares our values and dedication to delivering practical, high-quality legal solutions in a dynamic and collaborative work environment.

What You Will Be Assisting the Team with:

• Conducting legal research on relevant laws, regulations, and legal precedents;
• Drafting of resolutions and other corporate law documents and assisting with the incorporation of Cyprus private companies;
• Providing assistance in immovable property transactions;
• Liaising with local, regulatory and other supervisory authorities;
• Carrying out compliance work including the reviewing and updating of the companies’ KYC files and the corresponding software;
• Assisting the team with compliance and administrative work; and
• Assisting on the efficient management of workflow of the team.

Qualifications:

• Bachelor’s Degree in Law (LLB);
• Excellent verbal and written communication skills in Greek and English;
• Excellent time management, administrative and organizational skills;
• Character Integrity, Confidentiality and Professionalism;
• Strong team orientation, ability to work collaboratively in a team setting; and
• Computer Literate (Microsoft Office).

If you meet the above qualifications and are passionate about practicing law in a collaborative and ambitious environment, please send your curriculum vitae to [email protected] and [email protected] quoting the above job title.

All applications will be treated with the strictest confidence. Personal data will be securely stored and used solely for recruitment purposes. Only shortlisted candidates will be contacted.

14/10/2025

📢 Cyprus Company Certificates Go Digital – A Long-Awaited Step Forward

💪 After years of navigating paper-based processes and manual certification, Cyprus has officially taken a bold step into the digital era of corporate administration. On 25 July and 19 September 2025, a long-awaited package of legislative reforms was published in the Official Gazette of the Republic, marking a major transformation in how the Department of Registrar of Companies and Intellectual Property issues corporate certificates and certificates of entries.

✅️ This reform introduces a modern, simplified, and secure framework for issuing 64 newly designed types of documents (24 certificates and 40 certificates of entries) covering companies, partnerships, foreign entities, European companies (SEs), EEIGs, and business names.

📌Some of the most notable changes:
- Full electronic issuance and delivery - no more queuing at the Registrar’s office.
- Bilingual documents (Greek & English) - ready for cross-border use.
- Introduction of new types of certificates and certificates of entry - meeting modern business requirements.
- Adoption of the Department’s electronic seal - ensuring the authenticity of documents and information contained.
- Electronic seal & QR code - ensuring document authenticity and instant online verification.

✅️ These changes are expected to reduce processing time, boost international business confidence, and make Cyprus a more attractive jurisdiction for corporate activity. The new legislative framework and updated certificates will be implemented following an official notification from the Registrar of Companies, which will be published in the Official Gazette in due course.

This reform is a welcome development for professionals, businesses, and investors alike.

We warmly welcome these long-anticipated reforms, which reflect the direction global business services have been moving toward for years.

05/09/2025

📢 NEWS - Landmark Case

M.Hadjitofi LLC, as co-counsel represent developer in a landmark Cyprus court decision which ordered the return of a Game’s Bundle ID with over 100.000.000 active users to its Developer

The full judgment can be accessed via the following link: https://www.cylaw.org/cgi-bin/open.pl?file=/apofaseised/pol/2025/4120250153.htm

11/07/2025

📢 Implementation of the EU Blue Card Scheme in Cyprus – Effective as of 7 July 2025

Cyprus has officially announced the commencement of the EU Blue Card Scheme, effective as of 7 July 2025. This follows the recent introduction of the EU Blue Card framework into the Aliens and Immigration Law, Cap. 105, by virtue of Laws 111(I)/2024 and 149(I)/2024.

📌 The EU Blue Card is a work and residence permit aimed at highly skilled professionals from non-EU countries, enabling them to work and reside in most member states of the European Union.

📌The scheme is particularly targeted at the following industries: Information and Communication Technology (ICT), pharmaceutical research, and the maritime industry.

✅️Applicants must inter alia be third country nationals with a valid job offer or employment contract, have a permanent place of residence in Cyprus, hold a valid residence permit or visa in Cyprus, possess a university degree or at least 3 years of IT work experience and receive a minimum annual gross salary of Euro 43,632.

The EU Blue Card is initially issued for a minimum period of 24 months, with the option to apply for a renewal within 3 months before its expiry.

🌍This initiative is aimed at positioning Cyprus as a sustainable business hub within the European region. It also offers flexibility for mobility across various Member States positioning Cyprus as an ideal destination for professionals looking to benefit from the Cyprus tax regime and advance their careers in a dynamic and evolving environment.

M. Hadjitofi LLC is able to provide further information upon request as well as undertake the filing of applications under this new scheme.

29/04/2025

M. HADJITOFI LLC – Corporate Lawyer Vacancy

The Team

M. Hadjitofi LLC is a boutique law firm based in Larnaca, Cyprus, offering high-quality legal and corporate services to a diverse portfolio of international and local clients. The firm focuses on key practice areas including corporate and commercial law, immigration and relocation services, real estate transactions, and regulatory compliance.

With a strong commitment to professionalism, attention to detail, and a client-focused approach, we are seeking to expand our team with the addition of a Corporate Lawyer who shares our values and dedication to delivering practical, high-quality legal solutions in a dynamic and collaborative work environment.

What You Will Be Assisting the Team with:

• Drafting, reviewing and negotiating agreements including joint venture/shareholders’ agreements, subscription agreements, securitization documents and other documents;
• Handling cross-border reorganizations including mergers, conversions, divisions and redomiciliations;
• Conducting legal research on relevant laws, regulations, and legal precedents;
• Research, provide opinions and prepare analysis on compliance related issues;
• Respond promptly and efficiently to client inquiries regarding corporate legal matters;
• Undertaking legal due diligence of Cyprus companies;
• Drafting legal memorandums and legal opinions;
• Providing assistance in immovable property transactions;
• Drafting court petitions/applications pursuant to the Companies Law Cap.113;
• Handle the communication with local, regulatory and other supervisory authorities;
• Assisting the team with compliance and administrative work;
• Assisting on the efficient management of workflow of the team.

About You:

• At least 2-3 years of corporate and commercial law experience;
• Bachelor’s Degree in Law (LLB);
• Cyprus Bar Association qualified;
• Excellent verbal and written communication skills in Greek and English;
• Excellent time management, administrative and organizational skills;
• Strong team orientation, ability to work collaboratively in a team setting;
• Character Integrity, Confidentiality and Professionalism;
• Computer Literate (Microsoft Office).

What We Offer:
• Competitive salary based on qualifications and experience;
• Yearly Discretionary Bonus based on performance;
• 13th salary;
• One personal day off in addition to paid annual leave;
• Hybrid work model: 4 days in the office, 1 day remote;
• Friday afternoons off;
• Piloting a 4-day work week during the month of August, promoting work-life balance;
• Continuous professional development and accelerated career growth;
• The opportunity to work with a vibrant, collaborative team;
• An outstanding office in central location in Larnaca;
• A supportive and engaging environment where everyone feels supported and inspired.

If you meet the above qualifications and are passionate about practicing law in a collaborative and ambitious environment, please send your curriculum vitae to [email protected] and [email protected] quoting the above job title.

All applications will be treated with the strictest confidence. Personal data will be securely stored and used solely for recruitment purposes. Only shortlisted candidates will be contacted.

16/04/2025

28/03/2025

M. HADJITOFI LLC – Corporate Lawyer Vacancy

We are currently seeking to recruit a Corporate Lawyer to join our law firm in Larnaca.

Qualifications:

• At least 4 years of corporate and commercial law experience;
• A good understanding of the Financial and Investment Regulatory framework of Cyprus will be considered an advantage;
• Bachelor’s Degree in Law (LLB);
• Cyprus Bar Association qualified;
• Excellent verbal and written communication skills in Greek and English;
• Excellent time management, administrative and organizational skills;
• Strong team orientation, ability to work collaboratively in a team setting;
• Character Integrity, Confidentiality and Professionalism;
• Computer Literate (Microsoft Office).

Responsibilities include:

• Drafting, reviewing and negotiating agreements including joint venture/shareholders’ agreements, subscription agreements, securitization documents and other documents;
• Handling cross-border reorganizations including mergers, conversions, divisions and redomiciliations;
• Conducting legal research on relevant laws, regulations, and legal precedents;
• Research, provide opinions and prepare analysis on compliance related issues;
• Respond promptly and efficiently to client inquiries regarding corporate legal matters;
• Undertaking legal due diligence of Cyprus companies;
• Drafting legal memorandums and legal opinions;
• Providing assistance in immovable property transactions;
• Drafting court petitions/applications pursuant to the Companies Law Cap.113;
• Handle the communication with local, regulatory and other supervisory authorities;
• Assisting the team with compliance and administrative work;
• Assisting on the efficient management of workflow of the team.

Benefits:
• Competitive Salary & Benefits;
• Inclusive Culture: We foster a supportive and engaging environment where everyone feels supported and inspired;
• Professional Growth: Opportunities for career advancement and professional development within a dynamic law firm;
• Outstanding office in central location in Larnaca.

Interested parties can send their curriculum vitae to [email protected] and [email protected] quoting the above job title.

All applications will be treated as strictly confidential.

25/02/2025

📢 On 20th December 2024, the Minister of Labour and Social Insurance issued a Decree (the “Decree”) pursuant to the authority granted under subsection 6 of Section 11 of the the Transparency and Predictability in the Workplace Law (Ν. 25(I)/2023), as amended from time to time (the "Law").

📌The Decree outlines the procedure for registering essential employment terms in the ERGANI information system and other details pertaining to the system's operation and the specific obligations of every employer. It also establishes the registration period for the required information, which is set between 2nd January 2025 and 28th February 2025.

‼️Failure to meet the specific deadline may result in the imposition of a fine under Section 27 of the Law and/or the imposition of additional penalties, including fines and/or imprisonment under Section 27A of the Law.

Please contact us for more information or assistance.