She is also a Fellow member of the Association of Chartered Certified Accountants (FCCA) of the UK and of the Institute of Certified Public Accountants of Cyprus (ICPAC).

Prior to joining EPW in 2022, Stella has been employed for approximately 11 years in the accounting services industry, gaining extensive experience in the accounting field and becoming experienced throughout time to direct, plan and oversee all phases of project engagement management for clients in a wide variety of industries.

She currently holds the position of Manager (Acc. Dpt.).

Prior to joining EPW in 2020, George has been employed for a period of 11 years by a Big four audit firm in the Indirect Tax Department as a Manager. He became skilled in the provision of indirect tax services which includes, among others, experience in VAT compliance and advisory on complex VAT issues. In addition, he has also gained experience in assurance services and in Customs and Excise Duty legislation. Furthermore, George has also been employed as the CFO of a private IT company for 3 years where he was planning, implementing, managing and controlling financial related activities including the development of financial and operational strategies.

George is currently a Director of the Company and heads the Tax Department, utilizing his knowledge and experience in VAT matters and providing professional tax advice to clients.

She is also a Fellow member of the Association of Chartered Certified Accountants (FCCA) of the UK and of the Institute of Certified Public Accountants of Cyprus (ICPAC).

Prior to joining EPW in 2020, Mikaella has been employed for approximately 9 years in the audit and accounting services industry where she gained extensive experience mostly in the audit field. She became experienced throughout time to perform risk-based financial audits for clients as per ISA & ICPAC’s guidelines and to consult her clients accordingly to their benefit, ensuring compliance with all statutory requirements under the Cyprus Law.

Mikaella holds the position of Senior Manager within the Audit Department.

Cyprus is the third largest island in the Mediterranean, with an area of 9,251 km² and a population estimated around 838.897 people. The strategic location of the island has played an important role in establishing Cyprus as a very popular tourist destination and an ideal location for attracting international business. Cyprus has been a member state of the EU since 2004 offering high quality services to foreign investors.

We enjoy a high standard of living. A total of 180.000 foreign nationals live and work in Cyprus, a percentage of 22% of the country’s total population, making it a very diverse and cosmopolitan place to live in. Crime rate is very low.

Cyprus is the sunniest country in Europe with over 340 days of sun annually. It’s not all about sunshine though, high in the country’s central mountain range (Troodos) enough winter snow usually falls to allow the skiing pistes to open. According to the World Health Organization the environment in Cyprus is one of the healthiest in the world and is relatively unspoiled by industrialization.

We have a multilingual and highly educated workforce in Cyprus as we have the highest percentage of university graduates per capita in Europe. In fact, Cyprus is the second top spender in education relative to GDP in the EU and according to Eurostat is ranked top among the EU countries in terms of the proportion of the population with tertiary education qualifications, aged between 25-64.

As an EU Member, Cyprus offers excellent healthcare services in public hospitals, at cost lower than most other EU countries, as well as in private state-of-the-art clinics and hospitals.

Cyprus offers a range of reputable public and private schools, all providing excellent levels of education. Greek is primarily the language used in public schools whereas English is primarily used in the majority of private schools. The local Colleges and Universities are recognized internationally and for those wishing to further their education abroad, schools following the British Education System, or preparing candidates for entry into Universities in Europe or the United States, are also widely available.

Although the native language is Greek, English is the predominant business language.

The country’s capital and government and business centre is Nicosia, located in the centre of Cyprus. Limassol, the country’s main trade centre and one of the busiest ports in the Mediterranean, is located right on the southern coast and is approximately one hour’s drive from Nicosia. Cyprus main international airport located in Larnaca is approximately 30 minutes away from each of these two main centres.

Cyprus not only lies at the crossroads of big international energy routes but in all probability is surrounded by substantial oil and gas resources, a significant part of which falls within the Cyprus Exclusive Economic Zone. Assessments by USGS bring the level of undiscovered oil and gas resources in the Eastern Mediterranean to a total of 3.4 bbl for oil and circa 345 trillion cubic feet (tcf) for natural gas. Israel has already announced findings at Dalit, Tamar and Leviathan totaling 30tcf of natural gas. Even more significant undiscovered hydrocarbon resources are said to exist at the west of the island. Major international specialists in the hydrocarbon industries are already establishing in Cyprus.

Cyprus Private Funds regulated under the ICIS Law have tripled in number since the global financial crisis started in late 2008. A growing demand for transparency amongst investors as well as fears among hedge fund managers that the EU was sceptical on the ability of offshore fund structures to operate within EU, have played their part. The country’s comprehensive and transparent regulatory regime with minimal red tape, a business friendly environment well suited for international businesses and with a UK based legal system, a low cost base and an efficient tax system with a large network of Double Tax Treaties, make Cyprus Private Funds a highly attractive choice for fund managers.

Cyprus ICIS have a number of advantages over similar schemes of other EU countries specialising in the Funds industry. They have no restrictions on the type of investments or a minimum capital requirement, the application process is simple and their running costs are low, they can be self managed by their Directors and at the same time if they use the company legal form they can take full advantage of the benefits of the Cyprus tax system and is Double Tax Treaty network.

The Cyprus Shipping Registry is one of the largest in the EU (it is estimated to constitute 25% of the whole EU “fleet”) and the 10th largest worldwide. Moreover, Cyprus is the biggest third party ship management centre in the EU and the Cyprus flag is on the white list of Paris MOU.

Cyprus has the most modern, competitive, flexible, fully approved Tonnage Tax system in the EU, combined with an excellent infrastructure and an extremely competitive tax system with the lowest corporate tax rate in the EU.

Non-Cypriot investors can acquire the Cyprus citizenship if they fulfil specific financial criteria (ie direct investments, bank deposits, local business activities, donations to government funds, etc) and other conditions such as clean criminal records. Citizenship is also granted to the investor’s spouse, under age children and adult dependent children up to 28 years old. The investor and his/her family obtain a Cyprus Passport with full rights of an EU citizen (ie free travel, residence and investment in any EU country).

• Cyprus is a full member of the EU that offers a stable legal and tax system with a wide range of EU directives and double taxation conventions, thus forming a safe environment for you to control your business and your assets with tax effective manner.
• There are very simple procedures for granting work permits, residence permits and citizenship.
• The law is set up in such a way as to simplify the procedures for setting up offices or enterprises for international investors.
• Geographical location crossroads between Europe, the Middle East and Asia, with frequent and convenient flights to and from Cyprus.
• High quality professionals.
• High standard of living with a low crime rate.
• Well-developed infrastructure.
• Multi-ethnic society.

Cyprus has a modern, free-market, service-based economy, where in conjunction with its effective transparent regulatory and legal framework, it offers international investors and businesses confidence to invest, grow and prosper.

Cyprus was ranked number 58 out of 144 countries by the World Economic Forum Global Competitiveness Report 2014 – 2015.

As a multi-family office firm, we can also assist clients with offices, housing, schooling, and generally all matters necessary for establishing residence, including of course handling set-up of corporate entities, statutory corporate compliance requirements, as well as coordinating professional advisors in Cyprus and abroad. You may refer to our Services section for more relevant information, or contact us to engage into an interactive discussion to determine how our firm can add value in enhancing and simplifying your life.

Cyprus with its warm and stable climate and convenient geographical position is considered as an attractive place for both business and residence. The investment landscape in Cyprus is beneficial due to the island’s well-qualified labour force, attractive taxation and a reliable transport and telecommunications system. The size and rate of growth of this sector, which has been the fastest growing in recent years, has transformed Cyprus into a “service economy” – an ideal bridge between East and West.