Elias Economou

Partner | Commercial, Corporate
LLB
Elias is a very experienced practitioner, skilled in finding the best way of doing things.
Elias is a very experienced practitioner, skilled in finding the best way of doing things.

Elias Economou

Partner | Commercial, Corporate
Elias is a very experienced practitioner, skilled in finding the best way of doing things.
Elias is a senior member of our Corporate Practice with over 20 years corporate & commercial experience. Elias’s client base is significantly focused on Cyprus and international corporate structuring involved in all types of international business transactions and asset holding. Elias was born in London, UK, and graduated in law from Sheffield University. He was admitted to the Cyprus Bar in 2000 and joined AGPLAW in 2022 as a Senior Associate. Since June 2025, Elias has been promoted to a Partner of AGPLAW in the Commercial and Corporate Department.

Elias receives praise for the quality of his legal services both in daily and complex transactions. He has over two decades of experience advising domestic and foreign clients on a wide range of corporate transactions, including corporate structuring and restructuring, joint ventures and M&As, daily corporate governance, and corporate and commercial law in general. For over a decade, in collaboration with a Swiss family office, Elias’s experience includes advising a well-known ultra-high net worth (UHNW) family and its individual members on all aspects of managing and protecting their wealth.

Furthermore, Elias has provided legal guidance on the development of energy projects, demonstrating particular interest in financing and tendering processes for renewable energy and natural resources projects. His role includes preparing commercial agreements, forming and operating joint ventures, and executing farm-in and farm-out arrangements.

Prior to his return to Cyprus, Elias lived in Washington D.C., U.S.A., where he worked at the American Hellenic Institute, a lobbying organization, as well as a paralegal at the law offices of Eugene Rossides. Upon his return to Cyprus, he was admitted to the Cyprus Bar in 2000.

Elias is well regarded for his transactional expertise and strong international experience.

He is fluent in Greek and English.

  • Called to the Cyprus Bar (2000), Cyprus Bar Association
  • LL.B. (Hons) Law, Sheffield University, United Kingdom
  • Succeeded in facilitating a USD 25 million intra-group restructuring and asset transfer for a software development client, including drafting complex stock and unit purchase agreements, intellectual property asset sale agreements, equity contribution agreements, and corporate resolutions. The transaction involved multi-jurisdictional coordination to ensure legal compliance and tax efficiency.
  • Achieved a successful multi-jurisdictional restructuring of a Group of Companies valued at over USD 29 million, spanning Estonia, Cyprus, the UK, and Jersey. Led the drafting and negotiation of complex Share Purchase Agreements, Loan Agreements, Debt Conversion and Set-Off Agreements, and all necessary corporate resolutions under Cyprus law. Ensured full compliance with multiple regulatory regimes through close coordination with foreign legal teams and timely filings with the Cyprus Registrar.
  • Led the drafting and review of a complex Sale and Purchase Agreement (SPA) valued at USD 12 million for immovable property within a communal development in Cyprus at an early construction stage. Crafted detailed provisions addressing licensing, building requirements, financing, inspections, and contingency measures to safeguard the purchaser’s interests throughout the transaction. The SPA carefully managed risks linked to communal regulations, shared infrastructure, and construction delays, ensuring secure future ownership and title transfer.

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