Where we came from Numbers…and why we don’t care about them! What we are good at…and why! Our passion about tax What others think about us Who do we work with Our focus on knowledge

1. EUROFAST;
ORGANISATION PROFILE
2017

2. AGENDA
Where we came from
Numbers…and why we don’t care about them!
What we are good at…and why!
Our passion about tax
What others think about us
Who do we work with
Our focus on knowledge
Agenda

3. Our Milestones

4. Eurofast is a regional business advisory organisation employing local advisors in
over 21 cities in South East Europe and Middle East (SEEME). We are uniquely
positioned as one stop shop for investors and companies looking professional
services in the SEEME region. Our team of advisors are capable of efficiently
addressing all client needs in one single meeting, using one single language for
all the countries in the Region.
Eurofast has over 28 years of history, working with many global brands and
leading Institutions, operating in the manufacturing, retail, airlines and
professional services sector. Our clients are the vivid evidence that Eurofast is
your trusted business advisor in EMEA.
Profile

5. In the emerging markets where we operate in South East Europe and Middle
East, by the year 2020 we want to see our Organization being the No 1
reference point for businessmen seeking reliable advice in terms of advisory,
legal, tax, M&A, assurance, corporate, payroll & accounting. A dream team of
forward thinking, qualified, outstanding local professionals with an
international outlook, who are always reliable, exclusive, personal, innovative,
accountable but above all genuine persons, our clients can trust and become
friends with.
We are a regional boutique advisory organisation aiming to be the preferred
choice of thousands of Organizations!
We simply want our clients to stand out and proudly say:
"WE WORK WITH EUROFAST IN THIS PART OF THE WORLD!”
Our Vision

6. We do not seek merely
to satisfy our clients,
We seek to delight them!
Our Mission

7. What we are
good at…
Our Services
 Corporate Finance
 Accounting & Tax
Compliance
 Outsourced Payroll &
Employment Solutions
 Market Entry Services
 Corporate & Trustee
Services
 Citizenship & Residency
Services
 IT Specialised Services
 Transfer Pricing & International Tax
 Mergers & Acquisitions and
Transactional Advisory
 Business Restructuring & Insolvency
 Real Estate tax
 Shipping Tax
 Energy Tax
 Intellectual property
Bringing value to clients with our
service
Eurofast is Taxand Cyprus

8. International Tax
Eurofast advises and prepares suitable tax plan
tailored to your needs. We can maximize your taxation benefits and
advantages, minimize tax liabilities, increase tax savings and increase
your business liquidity and asset coverage.
 Tax advice surrounding transactions, disposals and spin-offs
 Designing acquisition and holding structures
 Tax controversy & litigation
 Indirect tax consulting and guidance
 VAT compliance and fiscal representation
 Indirect tax reviews and planning
Our International Tax services
Our Indirect Tax services

9. Our Tax Planning and Tax Compliance services
 Review your business operations and group structure
 Consider possible restructuring ways for tax saving optimization
 Registration to the Tax Authorities
 Preparation and submission of tax returns to the Tax Authorities
 Tax rulings and negotiations with Authorities
 Assistance with Tax Investigations
Our Real Estate Tax Services
• Tax efficient real estate structures
• Construction/ development tax strategies
• Tax advice (transactions, disposals, spin offs)
• Tax neutral financing arrangements
Tax Planning & Tax Compliance
Real Estate Tax

10. Real Estate Tax &
Shipping Tax
Shipping Tax &
Energy Tax
Our Shipping Tax services
 Shipping Taxation
 Ship and Yacht Registration Worldwide
 Crew Payroll and VAT
 Mergers and Acquisitions Transactions
 Transfer of ship ownership
Our Energy Tax services
 Efficient energy structures – Plan strategically and apply deep insight
to establish efficient energy structure
 Energy projects – Legal and tax advice support
 International investors – Our company is an active member of Taxand
Energy Service line enabling the exchange of knowledge and
expertise between the experts in this field and facilitating their
collaboration under various international projects

11. Intellectual property
Eurofast can provide services for innovators
and companies to protect their Intellectual assets.
Our Intellectual property
services
 Establish Cyprus IP holding structure
 Review and advice on corporate statutory compliance
matter
 Registration of IP (trademark, patent)
 Create IP – related substance
 Provide ongoing support

12. We advise, in the best possible way, every enterprise which is
interested in exploring opportunities for development, as far as
selling, buying or merging their enterprise with other companies.
 Research of the business environment and market
 Negotiating and closing
 Preparation and training for high level members of companies
 Corporate Law
 Legal, tax and financial due diligence
 Transactions and Trade finance
Our M&A Services
M&A and
Transactional Advisory

13. Transfer Pricing
Eurofast can assist your company to comply with both legal
and economic requirements of the countries in South East Europe
and Middle East.
We can help you design and implement a Transfer Pricing policy that
makes sense for your business, capitalize on efficiency and drive your
performance.
• Defense strategies
• Transfer Pricing Planning and Compliance
• Advice and assistance in preparing Transfer Pricing documentation
• Negotiations with Revenue Authorities
Our Transfer Pricing Services

14. Accounting
Our Accounting department consists of a team of highly skilled and
experienced accountants who are able to offer you all of the
accounting services required.
 Computerization of Accounting Records
 Monthly Accounting Support Services
 Monthly, quarterly, biyearly and yearly Management Accounts
 VAT book keeping
 Accounting Compliance and Reporting
Our Accounting Services

15. Financial services
Eurofast can provide guidance to a company in obtaining a Cyprus Financial
services license, assisting on the completion of all requirements until the
competent authorities deliver their assessment

Business plan
 Prepare the draft of a specialized Memorandum and Article of Associations
 Obtaining all relevant certificates
 Guide clients on the Cyprus legislation and requirements on Financial Services
Regulation
 Preparation of the application and consultation on the structuring of the company
 Guidance on the preparation of the three years business plan as required by law
 Drafting of the anti money laundering manual
 Determination of the internal procedures and the know your client policies
Our Financial Services

16. Employment & Payroll
Services
Eurofast has become a leader in employment and payroll services
offering practical and responsive advice to a wide spectrum of
clients including multinational and locally listed companies, mid-market
companies and large private entities.
 Long and short-term global equity and cash plan design and implementation
 Payroll preparation and processing
 Employer and employee tax, social security, withholding tax
 Legal and regulatory global due diligence
 Employee compensation and engagement programs
 Equity awards for international assignees
Our Employment & Payroll Services

17. Corporate Services
Our Corporate Services

18. Citizenship &
Residency services
Eurofast offers full professional assistance for its clients in obtaining residency
and citizenship through “Citizenship by investment” programs in Cyprus and
Balkan countries.
Local lawyers, tax experts and other professionals in fully pledged offices are
ready to provide you with the best advice in all matters related to residence
programs.
Preparation of applications and documentation to be submitted
 Submission of documentation to authorities
 Representation of applicant for the communication with the authorities
 Tax advises on investment opportunities
 Assistance on finding and acquiring the immovable property
 Preparation of necessary agreements and compliance with the law
 Assistance with VAT refund
 Work permits
Our services for Citizenship & Residency

19. HR administration
We aim to provide HR administration services to our clients with ongoing
support by handling HR administration documents and dealing with the
employment and labor law issues.
Our HR administration services
 Maintaining employees’ records
 Reporting (drafting HR-related reports)
 Drafting individual employment contracts/agreements
 Elaboration of Labor internal regulations
 Submission of HR – related reports to Authorities
 Dealing with work permits and residence permits

20. Business Restructuring
& Insolvency
Eurofast offers solutions regarding to the legal and practical issues
arising from a company’s restructure and insolvency.
Our Business Restructuring & Insolvency services
 Business restructuring
 Assistance with banks, restructuring of loans
 Cash and working capital management review
 Acquisition of distressed businesses
 Advice on directors’ responsibilities
 Liquidations

21. IT specialised services
We offer various IT specialised services
along with software and web development.
Our IT specialised services
 IT services (Remote virtual computers, shared space (backup), secure chat, VPN –
Our datacenter is located in Switzerland on high secure Level 4 (TierData IV)
facility
 Cloud services (VPN, backup, emails, web hosting, domains, custom virtual
servers, infrastructure as a service, VoIP)
 Business continuity and Data recovery procedures
 IT sourcing: Remote IT support – servers, routers, workstations
Remote IT equipment monitoring (servers, routers,
workstations)
 Software and web development: Website development


22. Eurofast can provide guidance for market entry services for new
entrant businesses in order to maintain their competitive advantage in
the market.
Market entry services
 Identify & give access to opportunities in South East Europe
 Market Research & analysis
 Partner search
 Contract preparation and negotiations
 Business and marketing plan
 Finding suitable office/ store and negotiating price and
terms of lease
 Recruiting
Market entry services

23. Where can you find us

24. Eurofast
in numbers…
Over
200people across South
East Europe and East
Mediterranean
21Offices in SEEME
5-35Team members in every
office
1Reference point;
1 meeting handles all!

25. …and why we don’t
care about them!
…and why we don’t care about them!
If you measure success in numbers, Eurofast hasn’t achieved all that much.
We have never focused on numbers. We prefer to think how to better become
exclusive personal innovative flexible accountable
…and to personally know every single client!!

26. Regional Competitive
Advantage
• Positioned as primary
business advisory
organisation in the Region
• Only organization which
covers entire Region
• We eliminate cultural,
language, social &
communication barriers

27. Eurofast offices

All our Eurofast offices:
 Fully fledged
 Have local team members
 Connected via telephone extensions
 Connected via video
 Follow the ISO procedure

28. …and why we are
good at it
Partner Led from Start to Finish
1
▪Management Team
with a Western European
philosophy
▪Reference point
▪Meeting handles all!

29. …in 1 meeting
In 1 meeting:
- Issue relating to:
Country A
Country B
Country C
Country D
 1 person responsible
Eurofast
Client

30. The Taxand Story
Taxand: The only global organization focused on tax;
Eurofast is Taxand Cyprus
2000Leading Tax
Advisors
400Tax Partners
50Independent (do
not undertake
audit) tax firms
Up to 25
Offices
per country
9Service
areas
1
▪Common purpose – practical advice,
responsively delivered
▪Taxander per country
▪Global brand
▪Board with 9 members
▪Global Executive Committee with 50
members
▪Uniting passion – tax
▪ Eurofast is Taxand Cyprus

31. The Taxand Story
Demand
Our passion about tax
In
20
02
th
e
tax
ad
vis
ory
lan
dsc
ap
e
ch
an
ge
d
ra
dic
all
y
Ne
w
leg
isla
tio
n
int
ro
du
ce
d
to
pr
ev
en
t
re
pe
at
dis
ast
ers
Cli
en
t
de
ma
nd
cre
ate
d
for
ind
ep
en
de
nt
(se
pa
rat
e
fro
m
au
dit
)
tax
ad
vis
ory
ser
vic
es
an
d
Big
4
alt
er
Complexity of tax systems requires dedicated tax professionalsW
orl
dw
ide
bu
sin
ess
op
era
tio
ns
re
qui
re
glo
bal
ca
pa
bili
ty
And
…
local
tax
legisla
tion
differ
ences
requir
e
local
tax
specia
lists
Th
e
lar
ge
st
int
er
nat
ion
al
ne
tw
ork
of
tax
ad
vis
ors
dis
ap
pe
are
d

32. The Taxand Story
Supply
Our passion about tax
T
h
e
w
o
rl
d
’s
l
a
r
g
e
s
t
i
n
d
e
No
w
co
mp
ris
es
50
me
mb
er
fir
ms
an
d
pr
efe
rre
d
co
nta
cts
wo
rld
wi
de
Gl
ob
all
y
pr
ovi
din
g
cli
en
ts
wit
h
acc
ess
to
ov
er
2,0
00
tax
pr
ofe
ssi
on
als
an
d
40
0
pa
rtn
ers
Working together delivering integrated global servicesFo
cus
ed
on
del
ive
rin
g
hig
h
qu
alit
y,
se
nio
r
led
,
se
am
les
s
ser
vic
e
And… still growing – more countries; local expansionFo
un
de
d
by
a
res
pe
cte
d
gr
ou
p
of
9
en
tre
pr
en
eu
rial
,
ind
ep
en
de
nt
tax
fir
ms
Est
abl
ish
ed
in
Ma
rch
20
05
to
res
po
nd
to
ma
rke
t
de
ma
nd

33. Taxand Key Facts

34. What others
think about us
What others think about us
International Tax Review: The only authoritative and genuine awards in taxation worldwide!

35. Your Regional Team

36. Our key people
▪ Regional Director, SEEEM
▪ Panos joined Eurofast Global in 2006 responsible for
Eurofast operations in South East Europe and Eastern
Mediterranean specifically in Greece, Bulgaria,
Romania, Serbia, Montenegro, FYR Macedonia and
Albania. Member of the BoD since January 2010, Panos
travels extensively to the offices in the region,
developing the client base and also offering guidance
and direction to the local management thus ensuring
that the high quality standards are maintained in every
Eurofast office.
Specializations:
▪M&A
▪Payroll
▪Employment solutions
▪Advisory services
Panayiotis Diallinas,
panayiotis.diallinas@eurofast.eu
Tel: +30 210 825 7722

37. Romania
Our key people
 Managing Director at Eurofast Global in Romania
 Bachelor in Finance, Banking and Accounting faculty
from the Academy of Economic Studies and Executive
MBA, from Tiffin University, Ohio USA in cooperation
with University of Bucharest and a bachelor in
Economics, Finance, and Academy of Economic Studies
of Bucharest
 Specializations:
 International Financial Reporting Standards
International Standards in Auditing
 Financial audits and assurance services
 Business and Tax advisory
Iulia Lascau
Iulia.lascau@eurofast.eu
Tel: +40 21 318 2262

38. •Director Eastern Europe
•Savvas previously held the positon Head Kiev
Representative Office at Hellenic Bank and has many
years of experience in banking. Savvas comes with a
wealth of experience within the banking Industry
having spent the previous 30 years in Hellenic Bank
in Cyprus where he was instrumental in handling
large international corporate accounts. At the same
time, Savvas played a key role in the bank’s
International Business center by being head of
Accounts, Swift Payment and Incoming Payment
Departments. Savvas Perikleous
E: savvas.perikleous@eurofast.eu
T: Cyprus: +357 22222186
Ukraine: +380 947109144
Russia: +749 93503968
Eurofast Ukraine

39. Greece
Our key people
▪ Transfer Pricing Advisor SEEM
▪ Bachelor in Economics from the National and
Kapodistrian University of Athens with
professional qualification in Audit from IESOEL
Specializations:
▪ Analysis of financial data for tax & regulatory
compliance
▪ Develop quality transfer pricing studies for clients
in South East Europe & Eastern Mediterranean
Anastasia Sagianni
anastasia.sagianni@eurofast.eu
Tel: +30 210 825 7722

40. Our key people
▪ Legal and Tax Manager at Eurofast Sofia
▪ LLM - Master in Law from Sofia University
▪ Member of the Bar Association of Bulgaria
▪ Certified for Risk Management and Anti- Bribery and Anti-
Corruption policies
Specializations:
• Corporate and regulatory compliance;
• Labour Law and employment relationship;
• Tax law;
• Civil Law;
• Immigration Law
• Due diligence;
• Commercial Law Petar Varbanov
petar.varbanov@eurofast.eu
Tel: +359 2 988 69 75
Bulgaria

41. Albania
Our key people
▪ Tax Accountant at Eurofast Tirana
▪ Graduated from State University of Tirana, Faculty of
Economy. Holds a BSc in Finance
Specializations:
▪ Payroll & Accounting
▪ Employment Solutions
▪ Tax Advice
▪ IFRS
▪ Accounting
Drilona Likaj
drilona.likaj@eurofast.eu
Tel: +355 42 248 548

42. FYR Macedonia
Our key people
▪ Executive Administrator, Eurofast FYR
Macedonia
▪ BSc degree in Computer Management
Information Systems and MBA with a
concentration in Marketing.
Specializations:
▪ Business Development
▪ Management
▪ Marketing
Elena Kostovska
elena.kostovska@eurofast.eu
Tel: +389 2 24 00 225

43. Bosnia, Croatia,
Slovenia
Our key people
▪ Regional Executive, Bosnia
▪ Economics in Banja Luka, specializing in Business and
Entrepreneurship. Master Degree from the Frederick
University Nicosia
Specializations:
▪ Accounting & Payroll Advisor
▪ EU Funds
Dajana Topic
Dajana.topic@eurofast.eu
Tel: +387 51 340 680

44. Croatia
Our key people
▪ Tax and Legal Advisor, Eurofast Croatia
▪ Master of Law from the University of Zagreb
Specializations:
▪ Expertise domestic tax advice, real estate,
corporate law, corporate insolvency, M&A.
▪ Employment Law
▪ Obtaining work and residency permits for clients.
David Jankovlievic
david.jakovlievic@eurofast.e
u
Tel: +385 17980 646

45. Montenegro
Our key people
• Director at Eurofast Montenegro
• Graduate from the law faculty of University of
Kragujevac in Serbia. Currently pursuing
postgraduate degree in the field of Tax law and
Public finance at the University of Belgrade.
Specializations
• Tax & Legal consultancy
• Advisory Services; Privatisation process
• Citizenship & Residency
Ivan Petrovic
Ivan.petrovic@eurofast.eu
Tel: +382 20 228 490

46. Ukraine
Our key people
▪ Country Executive, Eurofast Ukraine
▪ MBA degree, specializing in Management from
University of Nicosia in Cyprus and holds a Master
Degree of the Kyiv National Pedagogic University
Specializations:
▪ Business Development
▪ Management
▪ Marketing
Nadiya Omelchuk
nadiya.omelchuk@eurofast.eu
Tel: +38 044 502 10 68

47. Georgia
Our key people
▪ Country Director, Eurofast Georgia
▪ Master of Law degree with honors from
Kyiv Shevchenko University
Specializations:
▪ M&A
▪ Risk management control
▪ Employee law
▪ Restructuring of Banks
▪ Insolvency Anna Pushkaryova
anna.pushkarova@eurofast.eu
Tel:+ 995 32 220 00 11

48. Ukraine
Our key people
▪ Tax and Legal Advisor, Eurofast Ukraine
▪ Bachelor’s Degree in Law (honours) MBA degree,
Master`s degree in corporate law from the Kiev V.
Hetman National Economic University
Specializations:
▪ international tax structuring
▪ highly marginal investment projects,
▪ forex licensing within the EU,
▪ residency & citizenship,
▪ foreign company incorporation and administration
Alena Malaya
alena.malaya@eurofast.eu
Tel: +38 044 502 10 68

49. Iran
Our key people
• Country Executive , Eurofast Iran
• Master in Business Administration (MBA)
from the University of Cyprus
• Engineering degree from Azad University of
Tehran, Iran
Specializations:
• Business matching
• Market Entry services
• Client development & Strategy Ali Najm
Ali.najm @eurofast.eu
+35722 699 222

50. Egypt
Our key people
▪ Country Manager in Eurofast in Egypt
▪ MBA
Specialisations:
▪ Regulatory compliance advisory
▪ Labour and social security compliance services
▪ Corporate secretarial support
Samar Abdel Rahman
samar.abdel.rahman@eurofast.eu

51. Cyprus
Our key people
• International Tax Director
• Honorary Consul of the Republic of Montenegro (except
Limassol) in Cyprus
• Certified Public Accountant, member of the AICPA
Specialisations
• international tax structuring and planning
• M&A & joint ventures
• cross-border structuring; joint ventures
Christodoulos Damianou
cd@eurofast.eu
+357 22 699 222

52. Cyprus
Our key people
Zoe Kokoni
Zoe.Kokoni@eurofast.eu
+357 22 699 222
▪ International Tax Director
▪ Member of Taxand Global Compensation Service line and a
Board member of Antea
▪ Head of our Eurofast representation in ADP Streamline for
Greece and Cyprus
Specialisations
▪ Specializes in Tax, Payroll and Labor issues.
▪ Extensive experience in Greek, Bulgarian and Cyprus
immigration rules.
▪ Citizenship and residency permits issues, provides advisory
services to expatriates on taxation issues and employee
benefits, as well as social security issues.
.

53. Cyprus
Our key people
Maria Damianou
Maria.Damianou@eurofast.eu
+357 22 699 222
▪ Director, Accounting Support Services
▪ Specialisations
▪ accounting, payroll, employer serviceso
▪ indirect domestic tax and compliance
services in Cyprus
▪ Responsible for the management of payroll
services of clients located in multiple
locations
▪ Author & contributor of numerous
publications specialized in employment and
indirect taxation

54. Cyprus
Our key people
Maria Savva, Director, Regional Operations
• Business Comm Finance (Concordia
University, Montreal)
• MBA (University of Cyprus)
Specialisations
▪ creating and implementing the organisation’
s business development strategy
▪ customer strategy, building brand equity
▪ knowledge management,
▪ business growth, qualifying new business
opportunities
▪ overseeing the expansion of Eurofast in
EMEA

55. Our focus on knowledge

56. Credentials

57. Credentials

58. Credentials

59. Credentials

60. Credentials

61. Credentials

62. Our focus on knowledge
(Taxand publications)

63. Our focus on knowledge
www.eurofast.eu

64. Media
Commentary

65. Staying close to our
community

66. www.eurofast.eu
Find us online

67. Thank you!
Questions/ Answers