People

Meet our people.

Christodoulos Damianou | Partner

Christodoulos Damianou is an international tax consultant and business advisor, and the group CEO of Eurofast International. He has more than 25 years of experience in local and international tax consulting working with national and multinational companies. Chris specialises in international tax structuring and planning which includes advising on the tax implications of real estate structures, joint ventures and mergers and acquisitions.

Mr Damianou is the Honorary Consul of Ukraine in Nicosia with jurisdiction over the district of Nicosia and Famagusta.

Christodoulos (Lakis) is a regular speaker in international tax conferences and events, and he is the author of numerous taxation articles published in the International press and magazines. He has also conducted numerous presentations on International Tax Planning, Accounting and Management Consulting in conferences and meetings all over the world.

He is a member of a number of international trade associations and a Board member of some house-hold name companies. Chris holds a Bachelor’s Degree in Business Administration from Southern Illinois University and a US CPA. Chris is a regular participant in international tax conferences and events, he is the author of numerous taxation articles published in international press and trade magazines. He has also given seminars on International Tax Planning, Accounting and Management Consulting in conferences around the world from London to Athens, Moscow to Boston, Rio de Janeiro to Sydney.


Costas Savva | Partner, Vat and Corporate Tax

Costas has considerable experience in advising on international tax law and corporate tax issues. He focuses his practice on the tax aspects of inbound and outbound business operations with a strong track record in cross-border investment structures and structured finance. Costas also specializes in Transfer Pricing, with experience in a broad range of transfer pricing matters. He advises on financial transactions (e.g., cash pool, debt pricing) and intragroup services.

Costas holds an LL.B. from Frederick University and a Master of Laws (LL.M.) in International Taxation from the Vienna University of Economics and Business (WU) in Austria. He is a qualified fellow member of the Association of Certified Chartered Accountants (ACCA) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). He was trained by KPMG Cyprus, where he later served as a senior manager at the Nicosia office.

Costas serves as the Cypriot correspondent of the IBFD holding regime. He is also the co-author of the book Limiting Base Erosion edited by Professor Michael Lang. He regularly publishes on a wide variety of tax topics.

Christos Theophilou | Partner, Private Clients and Corporate Tax

Christos specialises in private clients and corporate tax issues (including transfer pricing) with an international dimension, such as private equity structuring, cross-border investments, structured finance, IP structuring and international trade.

Christos received his Master of Laws (MSc) in Tax Law from Oxford University. He was trained from a Big4 company and holds a Bachelor’s degree in Economics, the Advanced Diploma in International Taxation (ADIT) of the UK Chartered Institute of Taxation, as well as being a qualified Chartered Accountant in England & Wales. He is currently an LLB candidate (final year) at Frederick University Cyprus. Christos is a contributor to international tax publications such as IBFD, Tax Notes lnternational, Bloomberg ΒΝΑ, International Tax Review and IFA as a national reporter. Furthermore, Christos is currently a member of the Τax Policy and Strategy committee of lnstitute of Certified Public Accountants of Cyprus.

Christos is also a freelance lecturer for Τolley's (LexisNexis) in Greece, Cyprus and Ukraine, where his main areas are ADIT Paper 1 Principles of lnternational Tax. Christos is a well-known personality in the tax world, where he is a regular speaker at a wide range of conferences.

Demis Ioannou | Partner, Transfer Pricing and Corporate Tax

Demis specialises in corporate income tax law, transfer pricing and international tax (treaty) law. He has a strong track record with clients in advising on transfer pricing issues and in complex corporate tax law issues. His extensive interest on comparative income tax law (US, UK, Canada and Australia) offers him a unique advantage in solving complex tax issues in Cyprus.

Demis received his Master of Laws (MSc) in Tax Law from Oxford University. He was trained from a Big4 company and holds a first-class Bachelor’s degree in Accounting and Finance from the UK, as well as being a qualified Chartered Accountant in England & Wales. He is currently an LLB candidate (final year) at Frederick University Cyprus.

Demis’ dissertation in Oxford focuses on analysing the OECD BEPS Project and was supervised by Richard Collier a senior tax advisor of the OECD on transfer pricing issues. In addition, he published a paper for the Cambridge Tax Law History Conference edited by Professor Peter Harris (University of Cambridge) on income tax fundamentals and the origins of the Cypriot income tax law. Demis is a co-representative for IFA (YIN) in Cyprus.

Gaspar Lopes Dias | Partner, Transfer Pricing and International Tax

Gaspar has experience in a broad range of transfer pricing and international tax matters including financial operations, business reorganisations and IP structuring, advising multinationals in various industries and investment funds.

He joined Taxand Cyprus in 2021 from the tax practice of Baker & McKenzie in London, having previously worked at Loyens & Loeff in Luxembourg, and KPMG Belgium. Gaspar holds an LL.B civil law (Nova University Lisbon), LL.M International Tax (Tilburg University), MSc Taxation (University of Oxford), ADIT member UK CIOT, and is an IFA member (UK Branch).

Some of his titles include:

  • LOPES DIAS, Gaspar, Chapter 22: Luxembourg in Implementing Key BEPS Actions: Where Do We Stand? – peer reviewed book following the 2017 Rust Conference, IBFD, WU Tax Law and Policy Series, vol. 12, Dec. 2019.
  • LOPES DIAS, Gaspar, The concept of Debt-Claim as the Key Distinguishing Factor between Dividend and Interest Income in the OECD MC, IBFD Vol. 17 Deriv. & Fin. Inst., Issue 2, Feb. 2015.
  • [BOOK] LOPES DIAS, Gaspar, Tax Arbitrage through Cross-Border Financial Engineering, Kluwer Law International, Series on International Taxation No. 50, Feb. 2015.
Dr. Alexander Apostolides | Senior Transfer Pricing Economist

Dr. Alexander Apostolides is an economist with a ten-year experience in market research, capacity building, and policy advisory. Alexander received his PhD and MSc from the London School of Economics. He is currently the Acting Regulatory Research Lead for Financial Technology for the Cambridge Centre for Alternative Finance, at the Judge Business School, University of Cambridge. He also lectures at the University of Cyprus and the European University Cyprus (EUC).

He was previously a head of the Department of Accounting, Finance and Economics in EUC. He served in the National Economic Council of the President of Cyprus from 2013-2017. In the period 2018-2020, he worked at the British High Commission-Nicosia as an Economist, also leading projects on combating money laundering, and leading prosperity funding and delivery at post.

In his spare time he is a mentor for young entrepreneurs through the Junior Achievement Cyprus programme.

Dr. Richard Collier | Academic Consultant

Richard Collier specialises in the taxation of MNEs with particular reference to the financial sector and the rules for the cross border allocation of income relating to transfer pricing and permanent establishments. He has also worked on a range of issues concerning international tax treaties. He is the co author of a book on the Arm’s Length Principle and a more recent book relating to tax policy and financial markets. Both have been published by Oxford University Press.

Richard has worked as an expert in several cases including a high profile European Commission state aid case. He has previously been asked to present on tax policy matters to the House of Lords Select Committee on Economic Affairs and the European Parliament’s TAXE Committee. Prior to his role as Associate Fellow at the University of Oxford’s Saïd Business School (working at the Centre for Business Taxation), he worked for the OECD in the role of head of the transfer pricing, treaties and financial transactions teams. He was previously a Partner in one of the UK’s ‘Big 4 consulting firms where his dual role was to lead the global banking tax practice and to lead the Firm’s global engagement with the OECD on international tax matters.

Mario Michaels | Relationship Executive

Mario Michaels, TEP F.Inst.BA, is the commercial executive of our firm. He has actively been involved with the corporate, trust and fiduciary business since 1987. He started his career with the UK’s leading corporate service provider registering and maintaining International companies from all over the globe. He progressed to head the International and corporate law divisions and managing the sales and services activities from London.

In 2000 he established an office in Cyprus as executive director responsible for the day-to-day running of the operation, sales activities and servicing clients in and around the region. In addition to the UK and Cyprus, Mario has also worked and trained in various offshore locations such as Jersey, Isle of Man and the British Virgin Islands gaining valuable inside experience. More recently, he has been involved with the development of the one of the world’s largest International ship and corporate registries.

Mario was born and raised in the UK, is of Cypriot origin and bilingual in English and Greek, he also speaks some French and Spanish. In 2004 he completed an intensive Executive Development Program by MBA lecturers from around the world at the Cyprus Institute of Management. He has a diploma in Company Secretarial Practice and Share Registration, is a life-long fellow with the Institute of Business Administration and a TEP member.

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