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2020 Cyprus Country Report

The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well as detailed sector profiles and insights from Cyprus’ 100 most influential political, economic and business leaders shaping the future of their country and its industries.

The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well as detailed sector profiles and insights from Cyprus’ 100 most influential political, economic and business leaders shaping the future of their country and its industries.

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Who’s Who - <strong>Cyprus</strong> Business Directory<br />

ANDREAS STYLIANOU<br />

CHAIRMAN<br />

MICHALIS P. MICHAEL<br />

CHAIRMAN<br />

INSURANCE ASSOCIATION OF CYPRUS<br />

The Insurance Association of <strong>Cyprus</strong> is the accredited and representative<br />

body of the Cypriot insurance industry, with 29 member insurance companies<br />

operating in <strong>Cyprus</strong>, accounting for approximately 98% of total gross written<br />

premiums. As the leading and united voice of the <strong>Cyprus</strong> insurance market<br />

its mission is to promote the industry’s views and positions to policymakers<br />

and legislators. It is also particularly active with respect to work aiming at the<br />

modernization of the sector, the continuous improvement of the level and quality<br />

of service to the public, the enhancement of consumers’ trust and confidence in<br />

insurance products and their providers, and the strengthening of the institution<br />

of insurance.<br />

INVEST CYPRUS<br />

Invest <strong>Cyprus</strong> (<strong>Cyprus</strong> Investment Promotion Agency) is the investment<br />

authority of the Government of <strong>Cyprus</strong> dedicated to attract and facilitate foreign<br />

direct investment into the country. In close collaboration with all governmental<br />

authorities and public institutions, as well as the private sector, Invest <strong>Cyprus</strong><br />

is the country’s lead agent in establishing <strong>Cyprus</strong> as a world-class destination<br />

for international business activity and investments. Invest <strong>Cyprus</strong>’ mandate is to<br />

raise awareness of <strong>Cyprus</strong> as a destination for FDI across the globe, providing<br />

certainty around all aspects of operating a business in <strong>Cyprus</strong> and supporting<br />

potential investors in developing their business case for investment into the<br />

country.<br />

23, Zenon Sozos str., 1st floor<br />

1075 Nicosia - <strong>Cyprus</strong><br />

T: (+357) 22 452 990<br />

Contact: Andreas Athanasiades<br />

– Director General<br />

E: info@iac.org.cy<br />

W: www.iac.org.cy<br />

9 Makariou III Avenue,<br />

4th Floor, 1065 Nicosia - <strong>Cyprus</strong><br />

T: (+357) 22 441 133<br />

E: info@investcyprus.org.cy<br />

W: www.investcyprus.org.cy<br />

CONSTANTINOS<br />

MEIVATZIS<br />

MANAGING DIRECTOR<br />

IQ EQ (CYPRUS) LIMITED<br />

A leading global investor services group, IQ-EQ is present in 23 jurisdictions<br />

employing over 2,800+ people across four continents with assets under<br />

administration (AUA) exceeding US$400 billion. Our experienced and wellqualified<br />

teams specialise in trust establishment and administration, company<br />

incorporation and management, accounting and financial reporting, transaction<br />

support services, fund administration services, escrow services and more.<br />

The combination of our professional service breadth, global reach and depth<br />

of experience has assisted us in attracting new clients from all over the world<br />

and allowed us to actively promote <strong>Cyprus</strong> through the quality of our services.<br />

20 Spyrou Kyprianou Avenue, Chapo Central,<br />

3rd floor, 1075 Nicosia - <strong>Cyprus</strong><br />

T: (+357) 22 749 000<br />

Contact: Constantinos Meivatzis<br />

- Managing Director<br />

E: Constantinos.Meivatzis@iqeq.com<br />

W: iqeq.com<br />

CHRISTOS V. VASILIOU<br />

MANAGING DIRECTOR<br />

KPMG<br />

KPMG is a global network of professional service firms providing Audit, Tax and<br />

Advisory services, operating in 147 countries and territories and have 219.000<br />

people working in member firms around the world. KPMG operates in <strong>Cyprus</strong><br />

since 1948 employing more than 900 persons in 6 offices (Nicosia, Limassol,<br />

Larnaka, Paralimni, Pafos, Polis Chrysochous). By utilising the whole spectrum<br />

of KPMG International services and the deep knowledge and expertise in all<br />

major industries, it provides its clients with solutions which address their unique<br />

characteristics. KPMG offers its clients a consistent standard of service based<br />

on high order professional capabilities, industry insight and local knowledge.<br />

14 Esperidon Street, 1087, Nicosia - <strong>Cyprus</strong><br />

T: (+357) 22 209 000<br />

Contact: Demetris S. Vakis - Board<br />

Member, Head of Sales and Markets<br />

E: demetris.vakis@kpmg.com.cy<br />

W: www.kpmg.com.cy<br />

LEANDROS<br />

PAPAPHILIPPOU<br />

MANAGING PARTNER<br />

L PAPAPHILIPPOU & CO LLC<br />

L Papaphilippou & Co LLC was founded in 1963. Through constant and consistent<br />

work, it is now one of the leading and most respectable law firms in <strong>Cyprus</strong>. The<br />

firm quickly established strong presence in the fields of corporate and shipping<br />

law, litigation, banking and finance, wealth management and immigration,<br />

thus achieving good cross-border reputation, which led to the development<br />

of a concrete international professional network and client base. Our list of<br />

clients includes regulatory bodies, local and international banking and financial<br />

institutions, insurance, shipping and listed companies, multinationals and high<br />

net worth individuals.<br />

17 Ifigenias Street, 2007 Strovolos,<br />

P.O.Box 28541, 2080 Nicosia - <strong>Cyprus</strong><br />

T: (+357) 22 271 000<br />

Contact: Leandros Papaphilippou<br />

- Managing Partner<br />

E: info@papaphilippou.eu<br />

W: www.papaphilippou.eu<br />

178 <strong>Country</strong> <strong>Report</strong> CYPRUS <strong>2020</strong>

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