08:30-09:15

Registration

08:30-09:15

Registration

09:15-09:25

Introduction by the Chairperson of the Conference

Kyriakos Iordanou

General Manager, Institute of Certified Public Accountants of Cyprus

09:15-09:25

Introduction by the Chairperson of the Conference

Kyriakos Iordanou

General Manager, Institute of Certified Public Accountants of Cyprus

THE CYPRUS TAX REFORM IN FOCUS

09:25-09:35

The Cyprus Tax Reform’s Role in Economic Growth and Competitiveness

09:25-09:35

The Cyprus Tax Reform’s Role in Economic Growth and Competitiveness

09:35-09:45

Ongoing Transformation of the Cyprus Tax Administration and Tax Justice

Soteris A. Markides

Commissioner of Taxation, Republic of Cyprus

09:35-09:45

Ongoing Transformation of the Cyprus Tax Administration and Tax Justice

Soteris A. Markides

Commissioner of Taxation, Republic of Cyprus

09:45-09:55

A New Era for Cyprus Taxation: Opportunities and Challenges for the Professional Services Sector

Nicos Chimarides

President, Institute of Certified Public Accountants of Cyprus

09:45-09:55

A New Era for Cyprus Taxation: Opportunities and Challenges for the Professional Services Sector

Nicos Chimarides

President, Institute of Certified Public Accountants of Cyprus

09:55-10:15

Panel Discussion: The Path to the Tax Reform and the Future Ahead

• Challenges overcome in the tax reform journey
• How the new tax system will impact business and the economy?

 Panelists: 
• Marios Andreou, Tax Expert, Project Advisory Committee of the Cyprus Tax Reform (ΚΟΕ)
• Costas Markides, Tax Expert, Project Advisory Committee of the Cyprus Tax Reform (KOE)

09:55-10:15

Panel Discussion: The Path to the Tax Reform and the Future Ahead

• Challenges overcome in the tax reform journey
• How the new tax system will impact business and the economy?

 Panelists: 
• Marios Andreou, Tax Expert, Project Advisory Committee of the Cyprus Tax Reform (ΚΟΕ)
• Costas Markides, Tax Expert, Project Advisory Committee of the Cyprus Tax Reform (KOE)

Evgenios Evgeniou

Chairman, Invest Cyprus

Evgenios Evgeniou

Chairman, Invest Cyprus

Valentinos Polykarpou

General Manager at Wargaming & Chairman of TechIsland

Valentinos Polykarpou

General Manager at Wargaming & Chairman of TechIsland

Stavros Stavrou

President, Cyprus Chamber of Commerce and Industry

Stavros Stavrou

President, Cyprus Chamber of Commerce and Industry

Demetris S. Vakis

Cyprus Employers and Industrialists Federation (OEB)

Demetris S. Vakis

Cyprus Employers and Industrialists Federation (OEB)

This panel will feature insights from the representatives of different sectors in Cyprus, who will discuss the anticipated impacts of the upcoming tax reform on their respective sectors, addressing specific challenges and priorities unique to each industry.In conversation with:
• Sector-Specific Priorities in Tax Reform
• Current Tax Challenges for Cypriot Industries
• Implications of the Reform for Competitiveness and Investment

Panelists:

This panel will feature insights from the representatives of different sectors in Cyprus, who will discuss the anticipated impacts of the upcoming tax reform on their respective sectors, addressing specific challenges and priorities unique to each industry.In conversation with:
• Sector-Specific Priorities in Tax Reform
• Current Tax Challenges for Cypriot Industries
• Implications of the Reform for Competitiveness and Investment

Panelists:

Joseph Merhi

Federation of Building Contractors Associations of Cyprus

Joseph Merhi

Federation of Building Contractors Associations of Cyprus

Thanos Michaelides

CEO, Thanos Hotels and Resorts

Thanos Michaelides

CEO, Thanos Hotels and Resorts

11:10-11:40

Networking Coffee Break

11:10-11:40

Networking Coffee Break

INTERNATIONAL TAX DEVELOPMENTS

11:40-11:55

Is it a “Reform” if we Pay Little Attention to VAT and Tax Justice?

• Underlines EU member state optional VAT measures that can make Cyprus more tax attractive.
• Highlights in such an era of tax complexity and tax technology advancement, how effective dispute resolution
options can lead to strengthening tax justice in Cyprus.

11:40-11:55

Is it a “Reform” if we Pay Little Attention to VAT and Tax Justice?

• Underlines EU member state optional VAT measures that can make Cyprus more tax attractive.
• Highlights in such an era of tax complexity and tax technology advancement, how effective dispute resolution
options can lead to strengthening tax justice in Cyprus.

17

George Liasis

Partner, Tax Services, Ernst & Young Cyprus

17

George Liasis

Partner, Tax Services, Ernst & Young Cyprus

Simos Simou

Director, Indirect and Environmental (incl. ETS & CBAM) Taxes – Green Tax Transformation & Controversy Leader, EY Law

Simos Simou

Director, Indirect and Environmental (incl. ETS & CBAM) Taxes – Green Tax Transformation & Controversy Leader, EY Law

11:55-12:10

The Future of EU Tax Policy: Harmonization, Competitiveness, Sustainability

Aleksandar Ivanovski

Director, CFE Tax Advisers Europe

11:55-12:10

The Future of EU Tax Policy: Harmonization, Competitiveness, Sustainability

Aleksandar Ivanovski

Director, CFE Tax Advisers Europe

12:10-12:25

ESG: A Tax Perspective

Andreas Papagavriel

Director - Tax Services, Baker Tilly South East Europe

12:10-12:25

ESG: A Tax Perspective

Andreas Papagavriel

Director - Tax Services, Baker Tilly South East Europe

12:25-12:40

Focus on OECD Pillar 2 and the Global Minimum Tax’s Implications for Cyprus

Stavros Supashis

Director - Tax & Legal, PwC Cyprus

12:25-12:40

Focus on OECD Pillar 2 and the Global Minimum Tax’s Implications for Cyprus

Stavros Supashis

Director - Tax & Legal, PwC Cyprus

Joanne Theodorides

Director - Tax & Legal, PwC Cyprus

Joanne Theodorides

Director - Tax & Legal, PwC Cyprus

12:40-12:55

Application of Pillar Two to International Tax Planning Structures and Substance Requirements

Christos A. Theophilou

International Tax and Transfer Pricing Partner, STI Taxand

12:40-12:55

Application of Pillar Two to International Tax Planning Structures and Substance Requirements

Christos A. Theophilou

International Tax and Transfer Pricing Partner, STI Taxand

12:55-13:10

AI Revolutionizing Tax Services: Future Impacts on the Profession

Ilham Hmimou

Director, Tax & Legal, Transfer Pricing, Deloitte Middle East

12:55-13:10

AI Revolutionizing Tax Services: Future Impacts on the Profession

Ilham Hmimou

Director, Tax & Legal, Transfer Pricing, Deloitte Middle East

13:10-13:25

The impact of ATAD 3 in Cyprus: How the unshell directive will transform tax and business practices

Iacovos Themistocleous

Senior Tax Manager & Board Member, RSM Cyprus

13:10-13:25

The impact of ATAD 3 in Cyprus: How the unshell directive will transform tax and business practices

Iacovos Themistocleous

Senior Tax Manager & Board Member, RSM Cyprus

13:25-13:55

Panel Discussion: TP experts Discuss the practical Implementation of Transfer Pricing Rules

A session on transfer pricing rules, focusing on implementation and best practices in Cyprus.

Focus Topics:
• Challenges in transfer pricing application.
• Guidance on documentation, benchmarking, and dispute resolution.
• Strategies to meet compliance standards.

Panelists:

Panayiotis Marinou

Tax Partner, Deloitte Cyprus

13:25-13:55

Panel Discussion: TP experts Discuss the practical Implementation of Transfer Pricing Rules

A session on transfer pricing rules, focusing on implementation and best practices in Cyprus.

Focus Topics:
• Challenges in transfer pricing application.
• Guidance on documentation, benchmarking, and dispute resolution.
• Strategies to meet compliance standards.

Panelists:

Panayiotis Marinou

Tax Partner, Deloitte Cyprus

Valentinos Pavlides

Director of Tax and Transfer Pricing Services, Baker Tilly Cyprus

Valentinos Pavlides

Director of Tax and Transfer Pricing Services, Baker Tilly Cyprus

Ioanna Stylianidou

Director - Head of Transfer Pricing, PwC Cyprus

Ioanna Stylianidou

Director - Head of Transfer Pricing, PwC Cyprus

Kyriakos Iordanou

General Manager, Institute of Certified Public Accountants of Cyprus

Kyriakos Iordanou

General Manager, Institute of Certified Public Accountants of Cyprus

14:00

End of conference – Networking cocktail

14:00

End of conference – Networking cocktail