Philippos Hadjizacharias

Philippos is the Managing Partner of PHS & Partners in Cyprus

Philippos has extensive experience in corporate and individual tax, particularly in the area of international tax planning. He routinely advices clients with regards to: Cyprus tax aspects of corporate structuring, mergers and acquisitions, restructuring, joint ventures and cross-border transactions.

Memberships:

• Fellow member of Association of Chartered Certified Accountants UK (FCCA)
• Member of Institute of Certified Public Accountants Cyprus (ICPAC)
• Member of the Board of Directors of American-Cyprus Business Association (Am-Cy)
• Member of the Association of Accounting Technicians UK (MAAT)

Education:

• Association of Chartered Certified Accountants, UK
• MA in Taxation, University of London, Institute of Advanced Legal Studies
• Association of Accountant Technicians, UK
• Bachelor of Arts with Honours in Accountancy, Birmingham UK

Philippos represents clients on tax matters involving:

• Acquisition and post-acquisition restructuring
• Re-domiciliation and registration of overseas group of companies in Cyprus
• Tax disputes with Tax authorities
• Reorganisation of multinational companies
• Cross-border activities involving more than 3 jurisdictions
• Intra-group financing arrangements
• Multinational group tax planning

Professional Activities:

1. Books & Tax Articles:
   • “Taxing Multinationals in a post-BEPS environment from a Cyprus perspective”
   • “The rationale for the proposed privatisation of Cyprus Airways”
   • “Treatment of Corporate Income where derived”
   • “Corporate net worth tax (a form of wealth taxation) as a supplement to the corporate income tax”
   • “Exchange of Information with other Countries”
   • “The concept of freedom of establishment has been evolving in the jurisprudence of the CJEU”
2. Activities:
   • Non-executive director of International Companies
   • Secretary of Small-Medium Firms of the Institute of Certified Public Accountants
   • Member of the Public Relations Committee of the Institute of Certified Public Accountants
   • Vice-Chairman of the committee of the Institute of Certified Public Accountants in Cyprus, Larnaca–Famagusta.
   • TV guest speaker
   • University guest speaker