Dear colleagues and subscribers,

Continuing our GRATA International Global View series, this issue focuses on our firm’s presence in the Caucasus & Mediterranean region. Below, we provide an overview of the region, our services, recent developments, and recognitions in the relevant jurisdictions.

The Caucasus & Mediterranean represents a dynamic and increasingly important area for global business and investment. Recognizing its potential, GRATA International has strategically expanded its presence to provide comprehensive legal support across this vibrant landscape. This includes Cyprus, a key jurisdiction for international tax planning and corporate structuring, as well as Armenia and Georgia, rapidly developing economies attracting significant international interest.

In Cyprus, GRATA International is represented by Nasos A. Kyriakides & Partners, established in 2002 with offices in Limassol and Nicosia. As one of Cyprus’s fastest-growing firms, they specialize in:

• international tax planning,
• worldwide company incorporation and management,
• fiduciary and trustee services,
• trust formation,
• mergers and acquisitions,
• corporate finance and banking,
• oil and gas,
• and real estate.

The firm serves a diverse clientele, including large international corporations, financial institutions, and high-net-worth individuals. Their expertise includes leveraging low-tax jurisdictions and double taxation treaties, and they maintain a growing arbitration practice. Managing Partner Mr. Nasos A. Kyriakides has represented clients in international arbitration cases under LCIA and UNCITRAL rules.

Nasos A. Kyriakides
Managing Partner, Nasos A. Kyriakides & Partners LLC (GRATA International Cyprus)

Nasos A. Kyriakides is a highly regarded legal expert with extensive experience in corporate law, taxation, finance, litigation, and commercial structuring.

He has authored publications on Cyprus tax and VAT, shipping registration, and has advised on IPOs for both the Cyprus and London Stock Exchanges. Nasos has also represented major Cypriot banks in litigation and acted as arbitrator in disputes involving international shipping companies in Cyprus, London, and Zurich.

In Armenia, GRATA International is represented by Rod Kurtman Legal, a firm founded in 2013 by experienced in-house lawyers. The firm serves international clients from Western Europe, China, Russia, the Middle East, and the USA, across various sectors including:

• construction,
• pharmaceuticals,
• IT and telecommunications,
• mining,
• manufacturing,
• and banking.

The firm’s expertise is regularly recognized by leading legal rankings.

Khoren Nasibyan 
Managing Partner, GRATA International Armenia
Attorney at Law

Khoren Nasibyan is an experienced legal professional with a strong background in contract law, labor relations, IT and telecommunications law, and dispute resolution.

Before joining GRATA International, he served as Legal Director of a major mining company in Armenia (2019–2022), where he was also responsible for contract management. From 2008 to 2018, he led the legal department of the Armenian branch of a major Russian telecommunications company.

Khoren’s expertise spans multiple sectors, including mining, telecommunications, banking, pharmaceuticals, and retail. He also has significant litigation experience in Armenian and Russian courts.

GRATA International’s commitment to the Caucasus is further reinforced by its office in Georgia. This strategic presence enables GRATA to be closer to its clients operating in the region and strengthens its position as a trusted global legal service provider. The Tbilisi team is highly regarded by Legal 500 and Chambers & Partners, with partners Sofia Roinishvili and Irakli Kordzakhia praised for their legal acumen and client dedication.

Our office in Georgia provides legal services in different practice areas:

• Dispute resolution.
• Commercial, corporate and M&A.
• Data Protection and privacy.
• Labor relations.
• Finance and securities.
• Environment.
• Licenses and permits.

Irakli Kordzakhia
Partner GRATA International Georgia 

Irakli Kordzakhia has been a partner of GRATA International Georgia since its establishment. He is a member of the Ethics Commission of the Georgian Bar Association, an accredited mediator at Tbilisi City Court, and serves on the boards of two of Georgia’s leading arbitration institutions.

Prior to his private practice, Irakli led the legal department of a Georgian commercial bank. His core areas of expertise include commercial litigation and arbitration, infrastructure projects, corporate law, and M&A.

He has also served as a local legal expert in internationally funded projects, contributing to legislative initiatives in financial leasing and infrastructure policy.

Sofia Roinishvili
Partner GRATA International Georgia 

Sofia Roinishvili has been with GRATA International Georgia since 2007. Prior to joining the firm, she gained over seven years of experience as a tax consultant at a local audit firm and the Georgian office of one of the Big Four accounting companies.

Her practice focuses on tax consulting, tax and commercial disputes, and commercial transactions.

Sofia is fluent in Georgian, English, and Russian.

Legal 500 EMEA 2025 results: GRATA International strengthens its position in Armenia and Georgia

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