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Director and Head of Taxation of Costas Tsielepis & Co Ltd, Nicolas Papapanayiotou, was featured in Phileleftheros’ business magazine Insider, last Sunday.

Nicolas talked about all the direct and indirect taxes associated with real estate transactions.

Read all about it here.

Η Tsielepis Tax Academy και η Chelco VAT International Academy ενώνουν δυνάμεις για να σας μεταφέρουν μια ολιστική ανάλυση των φορολογιών στην ακίνητη περιουσία.

Για πρώτη φορά μαζί, ο Αλέξης Τσιελεπής, Παναγιώτης Ιωνά και Νικόλας Παπαπαναγιώτου θα παραδώσουν ένα ολοήμερο σεμινάριο σε Λεμεσό, Λάρνακα και Λευκωσία επεξηγώντας και αναλύοντας εις βάθος όλες τις φορολογίες που αφορούν στην αγορά, πώληση και γενικά την εκμετάλλευση ακίνητης περιουσίας στην Κύπρο.

Μέσω δεκάδων παραδειγμάτων, οι τρεις ειδικοί θα εξετάσουν όλες τις ισχύουσες φορολογίες στα «καινούργια» ακίνητα, στη πώληση και μεταπώληση, αντιπαροχή, ανταλλαγή, πώληση μετοχών, μίσθωση, ενοίκια και άλλες.

Οι θέσεις είναι περιορισμένες.

Για πληροφορίες και εγγραφές, πατήστε εδώ.

Limassol – The Costas Tsielepis & Co series of social events for 2025 kicked off with Tsielepis Art Night at Cornaro Art Institute in the old town of Limassol.

The evening put into perspective what French impressionist, Edgar Degas, once said: “Painting is easy when you don’t know how, but very difficult when you do.”

Tsielepis staff and guests had a great time validating his words.

Art Night was held on Wednesday, 12 February and started with food and wine, which included selected delicacies from Bavarian Delicatessen in Limassol.

It was followed by a PowerPoint talk by renowned local artist, Andros Efstathiou, who also runs Cornaro. Efstathiou talked about the history of the Cornaro Institute and the wonders and benefits of art in our daily lives. He then talked about his work, inspiring attendees to engage, many for the first time, to an in-depth analysis of art and what drives artists to create.

Then, the highlight of the evening came when Tsielepis staff and guests took up a pencil or charcoal to draw under the guidance of Efstathiou, an accomplished artist who insisted that “everyone can paint.”

After a brief introduction by Efstathiou (it was a pep talk really), the wannabe artists started to scribble on paper.

During the session, the developing artworks drew (excuse the pun) quite a few grimaces from Efstathiou, who nevertheless made an effort to point out rare glimpses of artistic inclination.

When forced to pick out the best drawing of the night, he chose the work of one of the Tsielepis brothers, Kyriakos, to cheers from his colleagues and a surprised look from him. Second came the ‘artwork’ of Tax Consultant, Andreas Faidonos.

The Cornaro Art Institute is an independent art institution based in a historic building in central Limassol at 33, Gazi Pasa Street. The Institute works closely with other organisations in Cyprus and abroad, to promote art, culture and education in Cyprus. This includes providing studio space for artists from Cyprus and abroad, organising art exhibitions and staging lectures and conferences. For more information on Cornaro’s operations and events, call Andros Efstathiou at 99 565184.

The much-awaited seminar on Transfer Pricing by the Tsielepis Tax Academy is in full swing before a capacity crowd at the Columbia Plaza Venue Center in Limassol.

Titled ‘Decrypting Transfer Pricing: The Summary Information Table (SIT)’ the seminar is taught by the Academy’s Lead Instructor, Nicolas Papapanayiotou, and focuses on which taxpayers have the obligation to complete and submit the SIT and how the dreaded table should be completed.

All seats for the seminar had been filled within 24 hours of its announcement. A repeat seminar on 7 November was also filled to capacity within 48 hours.

For information on upcoming seminars by the Tsielepis Tax Academy, click here.

The Tsielepis Tax Academy set off its academic program this morning with a seminar on Personal Taxation before a full house at Columbia Plaza Venue Center in Limassol.

Titled ‘Taxation for Individuals: To Dom or not to Dom’ the seminar is being delivered by the Academy’s Lead Instructor and Head of Taxation of Costas Tsielepis & Co, Nicolas Papapanayiotou.

The seminar focuses on how tax resident individuals are taxed, covering the basic principles of Personal Income Tax including tax residency conditions, Special Defence Contribution (Domicile) and National Health Contributions.

Nicolas specializes in direct tax and is now widely considered as one the leading tax advisors on the island.

More seminars on direct taxation are scheduled for the rest of the year.

For more information and to subscribe to the academy’s database, click here.

Limassol – The Tsielepis Tax Academy is now open for learning with a seminar on Personal Taxation on Friday, 27 September 2024 in Limassol.

Titled ‘Taxation for Individuals: To Dom or not to Dom’ the morning seminar represents the newly formed Academy’s inaugural event and will be delivered by the Academy’s Lead Instructor and Head of Taxation of Costas Tsielepis & Co, Nicolas Papapanayiotou.

The seminar will focus on how tax resident individuals are taxed, covering the basic principles of Personal Income Tax including tax residency conditions, Special Defence Contribution (Domicile) and National Health Contributions.

By the end of the seminar, participants will be able to:

• Gain knowledge on the latest personal tax considerations in Cyprus
• Evaluate whereas Cyprus may indeed comprise a relocation choice for interested parties
• Assess the impact of the available routes and incentives for relocation to Cyprus.

The seminar is targeted towards tax consultants, tax lawyers, auditors and accountants of all levels, individuals who wish to obtain a basic understanding of Cyprus personal taxation and owners of startups and/or small businesses who wish to raise an awareness or acquire a basic understanding of the Cyprus tax legislation.

Nicolas specializes in direct tax and is now widely considered as one the leading tax advisors on the island. His solid practical and teaching experience of Cyprus’ tax legislation and the application of double tax treaties position him uniquely to lead the Tsielepis Tax Academy.

Nicolas served as the principal lecturer of GlobalTraining, the professional training arm of the University of Nicosia, from 2016 until June 2024 in Limassol lecturing on the principles of Advanced Taxation to ACCA students.

He is a Fellow of the Association of Chartered Certified Accountants (FCCA), a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) and has authored numerous articles, reports and presentations on Cyprus tax law and on the implementation of EU Directives.

For more information and to register, click here.

Nicolas Papapanayiotou shares his knowledge with Cyprus professionals

Limassol – The Tsielepis Tax Academy is now open for learning!

The Academy, which represents the educational arm of well-known Limassol tax advisors and auditors, Costas Tsielepis & Co Ltd, was recently launched to offer tax-dedicated knowledge to tax consultants, tax lawyers, auditors and accountants of all levels, and other related professionals.

Over the coming months, the Academy is planning of holding a series of seminars and workshops, starting with Taxation for Individuals on 27 September 2024, more information on which will be announced soon. The topics to be addressed will cover the tax aspects of specific areas of legislation and specific types of transactions or specific industries, offering attendees an unprecedented level of comprehension and specialisation on the subject matters.

The seminars will be delivered by the Academy’s Lead Instructor and Head of Taxation of Costas Tsielepis & Co, Nicolas Papapanayiotou, as well as guest tax experts from Cyprus and abroad.

Nicolas specializes in direct tax and is now widely considered as one the leading tax advisors on the island. His solid practical and teaching experience of Cyprus’ tax legislation and its applications position him uniquely to lead the Tsielepis Tax Academy.

Nicolas was the principal lecturer of GlobalTraining, the professional training arm of the University of Nicosia in Limassol from 2016 until June 2024 lecturing on the principles of Advanced Taxation to ACCA students.

He is a Fellow of the Association of Chartered Certified Accountants (FCCA) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) and has authored various articles, reports and presentations on Cyprus tax law and the implementation of EU Directives.

For more information on the Tsielepis Tax Academy, click here.

Nicosia – In what has become a yearly tradition, Tsielepis staff and guests were treated to a culinary and cocktail extravaganza last Friday evening at the Metochiou 25 Lounge gardens in the Ayios Andreas area of the capital.

The Metochiou 25 Lounge, owned by Chelco VAT Managing Director, Alexis Tsielepis, proved to be the perfect venue for some bespoke dining, creative drinking and a hefty dose of fraternisation.

Alexis’ guests were seated in the Lounge’s gardens and enjoyed a relaxing night under the stars taking a much-deserved break from the bustling office environment.

More fun staff events are scheduled throughout the year.

For more information on Metochiou 25 click here.

Limassol – Costas Tsielepis & Co staff and guests were treated on Friday night, 7 June, to a meat meze extravaganza at Sourotiri Tavern at Fasoula village.

Staff and guests made the short drive to the picturesque village of Fasoula to  briefly escape the office routine for some much-needed Rest & Relaxation.

Sourotiri Tavern is set in the village square and is run by a member of the firm’s staff, Auditor, Nicolas Panagi.  Guests were treated to a copious, mouth-watering assortment of traditional Cyprus meat delicacies and there was not a single empty glass in sight.

The Tsielepis staff revelled at the opportunity to fraternize outside the bustling office environment and ate, drank and chatted the night away.

More fun staff events are scheduled throughout the year.

Tsielepis staff and their spouses danced the night away at the company’s Christmas party on Friday, 12 January 2024 to the sound of the oldies at Retro Metropole Club in Limassol.

The company’s staff had the whole place to themselves between 9pm and 11pm with food, an open bar and a selection of English and Greek dance favourites from DJ, Maad Max, before Retro opened its doors to the public.

The volume was turned further up and the oldies but goodies kept everyone on the dancefloor until the early morning hours.

Night Fever indeed.