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The comprehensive guide to the world's leading tax firms

Deloitte's tax practice consists of four partners and 40 other fee earners. Pieris Markou leads the practice. Paul Mallis specialises in cross-border structuring and Christos Papmarkides heads the firm's indirect tax practice. The firm is mainly involved ... [more]

Deloitte's tax practice consists of four partners and 40 other fee earners. Pieris Markou leads the practice. Paul Mallis specialises in cross-border structuring and Christos Papmarkides heads the firm's indirect tax practice. The firm is mainly involved in advising multinationals on how to set up Cyprus structures and also works on the follow-up compliance including VAT. Markou advised a Cyprus holding company on foreign tax credits saving the taxpayer $75 million.

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Ernst & Young's tax team is led by Neophytos Neophytou while George Kourris is the firm's managing partner. The practice has clients in the energy, financial services, real estate, technology, communications and transportation sector. Maarten Koper is ... [more]

Ernst & Young's tax team is led by Neophytos Neophytou while George Kourris is the firm's managing partner. The practice has clients in the energy, financial services, real estate, technology, communications and transportation sector. Maarten Koper is known for his work in capital markets.

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KPMG's tax team consists of five partners and is led by Angelos Gregoriades. Membership of the global network brings a lot of referral work to the Cypriot practice from other KPMG offices such as in Luxembourg, whose multinational clients are looking ... [more]

KPMG's tax team consists of five partners and is led by Angelos Gregoriades. Membership of the global network brings a lot of referral work to the Cypriot practice from other KPMG offices such as in Luxembourg, whose multinational clients are looking to use Cyprus as a holding jurisdiction. The firm's clients include Cyprus Airways, Cyprus Broadcasting Corporation, banks and insurance companies.

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PricewaterhouseCoopers's tax department has 10 partners and 90 fee earners. Panikos Tsiailis is head of tax and legal services and Panikos Kaouris leads the international tax services group. Chrysilos Pelekanos heads a VAT department of 15 people. The ... [more]

PricewaterhouseCoopers's tax department has 10 partners and 90 fee earners. Panikos Tsiailis is head of tax and legal services and Panikos Kaouris leads the international tax services group. Chrysilos Pelekanos heads a VAT department of 15 people. The practice has clients in the energy, chemical, manufacturing, pharmaceutical, steel and financial services industries. Marios Andreou advised Lion Capital on the acquisition of one of the largest alcohol production and distribution groups in Russia, Ukraine and Georgia. Due to the complexity of some of the arrangements, a number of tax rulings were required from the Cyprus tax authorities to safeguard the tax-efficient repatriation of all funds. Kouris advised RPG Industries on a group restructuring to separate various lines of business and to achieve a tax-efficient structure for its shareholders. The restructuring was completed according to tight deadlines and involved multiple jurisdictions including Cyprus, the Netherlands, Czech Republic and the US . The firm advised Noble Corporation, an offshore drilling contractor in a restructuring involving jurisdictions such as Cyprus, Mexico, Switzerland and the US.

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Andreas Neocleous & Co's tax team is led by managing partner Andreas Neocleous. The firm is one of the few Cyprus law firms to have a specialist tax group and has developed strong relationships with international law firms such as Aird & Berlis and Loyens ... [more]

Andreas Neocleous & Co's tax team is led by managing partner Andreas Neocleous. The firm is one of the few Cyprus law firms to have a specialist tax group and has developed strong relationships with international law firms such as Aird & Berlis and Loyens & Loeff. The practice has an impressive list of international clients including Ashmore, Itera, KKCG, MMK, Norilsk Nickel and Uralsib. It advised Skoda Manufacturing Group on international corporate and tax restructuring worth $2 billion. The restructuring and reorganisation involved the disposal of certain assets within a multi-tier group structure and the firm's advice on the implications of the Cyprus participation regime and taxation of dividends and capital gains was of critical importance. Elias Neocleous advised Alimenta on the first cross-border merger between a Spanish and Cyprus company.

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Chrysses Demetriades & Co has both Cypriot and multinational clients. The tax practice has got a good reputation for litigation. The team is led by Christos Mavrellis, who provides advice to international investors from Eastern Europe, Russia and Ind... [more]

Chrysses Demetriades & Co has both Cypriot and multinational clients. The tax practice has got a good reputation for litigation. The team is led by Christos Mavrellis, who provides advice to international investors from Eastern Europe, Russia and India.

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Consulco's tax practice is led by sole partner Rutger Kriek who is supported by one counsel, Hans Biemans. Due to a decline in the M&A market, much of the practice's focus recently has been on providing advice for tax restructuring.

Eurofast-Taxand focuses solely on tax. They have been in operation for 30 years and their tax team has 10 partners led by Sophie Stylianou. The firm advised a major Ukrainian telecommunications group on a reorganisation of its existing structure to enable ... [more]

Eurofast-Taxand focuses solely on tax. They have been in operation for 30 years and their tax team has 10 partners led by Sophie Stylianou. The firm advised a major Ukrainian telecommunications group on a reorganisation of its existing structure to enable a tax efficient sale of stock by the initial shareholders via the use of Cyprus companies. This deal resulted in substantial minimisation of taxes and was worth about $305 million. Chris Damianou, Stylianou, Stavros Strouzas, Phani Tyllirouand Froso Alexandrou  advised a German asset management group of companies acquisition of Russian real estate held through a Cypriot entity. The firm found the most tax efficient route to implement the acquisition in a deal worth about $207 million. [hide]

Aspen Trust Group is a tax boutique which works closely with PricewaterhouseCoopers. The firm has two partners and nine associates and is led by Andreas Athinodorou. The firm recently hired Karina Amastiou, who is UK trained and works out corporate reorganisations ... [more]

Aspen Trust Group is a tax boutique which works closely with PricewaterhouseCoopers. The firm has two partners and nine associates and is led by Andreas Athinodorou. The firm recently hired Karina Amastiou, who is UK trained and works out corporate reorganisations and is an authority on thin-capitalisation rules. The firm offers advice on corporate taxation, capital markets, transfer planning and tax planning, It has been advising recently on collective investment schemes in the shipping and renewable energy sectors.

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Michael Kyprianou & Associates's clients include three of Cyprus' largest banks: the Bank of Cyprus, the Popular Bank and Apha Bank. The firm also advises on litigation and tax planning.

Patrikios Pavlou & Co provides tax advice for finance transactions, M&A, cross-border operations, group restructurings and international tax planning. The firm keeps up to date with developments in international taxation to provide the most effective ... [more]

Patrikios Pavlou & Co provides tax advice for finance transactions, M&A, cross-border operations, group restructurings and international tax planning. The firm keeps up to date with developments in international taxation to provide the most effective tax planning opportunities for their clients, who include major banks, insurance companies and multinational companies.

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