ORGANISATION PROFILE
February 2015
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AGENDA
AGENDA
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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
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Eurofast History
Profile
Eurofast is an international boutique professional
services Group employing over 200 people in South
East Europe & East Mediterranean.
Our team of professionals is capable of efficiently
addressing all client needs in one single meeting,
using one single language for all the countries in the
Region.
Our Vision
In the emerging markets where we operate in SEE and EM, by the year 2020 we want
to see our Organisation 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 would like to be an international boutique of leading professional services, in the
top-10 professional rankings in terms of size compared to other similar organizations
in our Region- the preferred choice of thousands of Organisations.
We simply want our clients to stand out and proudly say "WE WORK WITH EUROFAST
IN THIS PART OF THE WORLD!”
Our Mission
We do not seek merely
to satisfy our clients,
We seek to delight them!
What we are
good at…
Our services
Eurofast Global
▪Accounting & Payroll
▪Mergers & Acquisitions
▪Cross border transactions
▪Transaction advisory
▪Intellectual property
▪Compliance reporting
▪Cross border structuring
▪Shipping
▪Immigration & Citizenships
▪Financial Services
Bringing value to clients
with our service
Eurofast Taxand
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International Tax
Tax efficient real estate structures including
investment funds
Tax advice surrounding transactions, disposals and
spin offs
Designing acquisition and holding structures
Minimizing tax obstacles in real estate
transactions
Transfer Pricing
VAT planning & compliance
Tax controversy and litigation
Real Estate
Eurofast is Taxand Cyprus
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M&A and
Transactional Practice
We advice, 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.
Our M&A Services
• 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
International Tax
Eurofast may advise and prepare a suitable tax plan tailored to your needs. We can
maximise your taxation benefits and advantages, minimise tax liabilities, increase the
tax savings and increase your business liquidity and asset coverage.
International Tax
M&A and Transactional Practice
• Tax advice surrounding transactions, disposals and spin-offs
• Designing acquisition and holding structures
• Tax controversy & litigation
Indirect Tax
• Indirect tax consulting and guidance
• VAT compliance and fiscal representation
• Indirect tax reviews and planning
Transfer Pricing
Transfer Pricing continues to be the most significant international tax issue for
multinationals.
Eurofast can assist your company to comply to both the legal and economic
requirements the countries in South East Europe and Eastern Mediterranean.
We can help you design and implement a Transfer Pricing policy that makes sense for
your business, capitalize on efficiency and drive your performance.
Our Transfer Pricing Services
• Defence strategies,
• Transfer Pricing Planning and Compliance
• Advice and assistance in preparing Transfer Pricing documentation
• Negotiations with Revenue Authorities
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.
Our Accounting Services
• Computerisation of Accounting Records
• Monthly Accounting Support Services
• Monthly, quarterly, biyearly and yearly Management Accounts
• VAT book keeping
• Accounting Compliance and Reporting
Employment & Payroll
Services
Eurofast in recent years 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.
Our Employment & Payroll Services
• 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
Real Estate Tax &
Shipping Tax
Real estate Tax
• Tax efficient real estate structures
• Construction/ development tax strategies
• Tax advice (transactions,disposals,spin offs)
• Tax neutral financing arrangements
Shipping Tax
•Representing buyers, sellers
•Corporate Finance
•Finding strategic alliances
•Private Placement of Debt and Equity
Corporate Services
We aim to provide high quality services in an efficient and effective way. Our wide
experience and technical knowledge enables us to offer corporate services with a firstclass level of quality, in accordance with our philosophy of going beyond merely
satisfying our clients to the level of delighting them.
Our Corporate Services
• Company Registrations in various jurisdictions
•Opening and management of bank accounts,
•Creation and management of Trustee services
Financial Services
Eurofast can provide guidance on the object of a company in obtaining a Cyprus
Financial services license assisting on the completion of all requirements until the
competent authorities deliver their assessment
Our Financial Services
Business plan
• Prepare the draft of a specialized Memorandum and Article of Associations
• Obtaining all the 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
Immigration &
Citizenship
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.
Our services for Immigration & Citizenship
• 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
Where can you find us
Single point of Contact,
Many Points of View
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Lefkosia
Athens
Thessaloniki
Sofia
Bucharest
Belgrade
Tirana
Skopje
Pristina
Banja Luka/
Sarajevo
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Zagreb
Cairo/ Alexandria
Podgorica
Kiev
Moscow
Tbilisi
Beirut
Erbil
Eurofast
in numbers…
Over
200
20
5-35
1
people across South
East Europe and East
Mediterranean
Offices in SEE and East
Mediterranean
Team members in
every office
Reference point;
1 meeting handles all!
…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!!
Regional Competitive
Advantage
• Positioned as primary professional
services group in the Region
• Only organisation which covers
entire Region
• We eliminate cultural, language,
social & communication barriers
Eurofast offices
All our Eurofast offices:
➢Fully fledged
➢Have local team members
➢Connected via telephone extensions
➢Connected via video
➢Follow the ISO procedure
…and why we are
good at it
…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!
…in 1 meeting
➢In 1 meeting:
- Issue relating to:
Country A
Country B
Country C
Country D
➢1 person responsible
Eurofast
Client
The Taxand Story
Taxand : only global organization focused on tax;
Eurofast is Taxand Cyprus
2000 400
Leading Tax
Advisors
Tax Partners
1
50
Independent (do
not undertake
audit) tax firms
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Up to
25
Offices
per country
9
Service
areas
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
The Taxand Story
Demand
Our passion about tax
In 2002 the tax advisory
landscape changed radically
And … local tax legislation
differences require local tax
specialists
Worldwide business
operations require global
capability
Complexity of tax systems
requires dedicated tax
professionals
The largest international
network of tax advisors
disappeared
New legislation introduced to
prevent repeat disasters
Client demand created for independent
(separate from audit) tax advisory services
and Big 4 alternatives
The Taxand Story
Supply
Our passion about tax
Established in March 2005 to
respond to market demand
Founded by a respected group of 9
entrepreneurial, independent tax
firms
And… still growing – more
countries; local expansion
Focused on delivering high quality,
senior led, seamless service
The world’s largest
independent tax
organisation
Working together delivering
integrated global services
Now comprises 50 member firms
and preferred contacts
worldwide
Globally providing clients with
access to over 2,000 tax
professionals and 400 partners
The Taxand Story
Taxand : only global organization focused on tax
Law firms
Local
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Independence advantage, conflict free, unbureaucratic, best practice
Big 4
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Local knowledge, global view
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Partner led from start to finish
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Complex problems, customised advice
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Passionate about working together
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Eurofast is Taxand Cyrpus
Quality tax advice, globally
Taxand Key Facts
What others
think about us
What others think about us
International Tax Review: The only authoritative and genuine awards in taxation worldwide!
Seem
Our key people
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Regional Director
Bachelor in Accounting, Diploma information technology
Expertise Accounting & Payroll strategy development and implement
Panayiotis Diallinas,
panayiotis.diallinas@eurofast.eu
Tel: +30 210 825 7722
Address
5 Victoria Square,
10434 - Athens , Greece
Romania
Our key people
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Accountant Partner
Certified Tax Auditor, Financial Auditor, Expert Charter
Accountant, Authorized Trainer of financial Auditors &
Accredited financial Auditor of Eufunds.
Extensive Financial & Tax Adursory, Audit, Accounting & Payroll
Iulia Lascau
Iulia.lascau@eurofast.eu
Tel: +40 21 318 2262
Address
79, Vasile Gherghel Street
District 1 Bucharest, Romania
Serbia, Montenergo,
Croatia & Bosnia
Our key people
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Regional Manager, Western Balkan
MA International and development economics and MA
International relations degree
Experience Financial Analysis, Risk & Hedging Operations
Nemanja Paskulov
nemanja.paskulov@eurofast.eu
Tel: +381 11 3241 484
Address
31/4 Beogradska street
11000 Belgrade,Serbia
Anastasia
Our key people
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Transfer Pricing Advisor at Eurofast, responsible
for clients in South East Europe
Bachelor in Economics from the National and
Kapodistrian University of Athens with major in
Economics and Business Finance. professional
qualification in Audit from IESOEL
Expertise Transfer pricing and has substantial
experience in various industries. Advises on
designing the transfer pricing model for each
business.
Anastasia Sagianni
anastasia.sagianni@eurofast.eu
Tel: +30 210 825 7722
Address
5 Victoria Square,
10434 - Athens , Greece
Bulgaria
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Tax Accountant at Eurofast Global Sofia
Audit Master degree in Accounting and Control from University of
National and World Economy in Sofia
Expertise payroll and employment service, local statutory
compliance and application of IRFS.
Donka Pechilkova
donka.pechilkova@eurofast.eu
Tel: +359 2 988 69 77
Address
22 Cyril and Methodius str., fl.5 , apt .12
1202 Sofia, Bulgaria
Our key people
Aleksandra
Albania
Our key people
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Tax Accountant at Eurofast Global Tirana
She graduated from State University of Tirana, Faculty of
Economy. Holds a BSc in Finance
Expertise Reporting , Payroll & Employment accounting
and tax matters, financial reports
Drilona Likaj
drilona.likaj@eurofast.eu
Tel: +355 42 248 548
Address
Rr. Hajdar Hidi, Pall. “PIENVIS”, Kati VI
Tirana, Albania
FYR Macedonia
Our key people
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Executive Administrator
BSc degree in Computer Management Information
Systems and a Master in Business Administration degree
with a concentration in Marketing.
She has undertaken the setup and client base growth of
the Eurofast Skopje office.
Expertise, management & digital marketing
Elena Kostovska
elena.kostovska@eurofast.eu
Tel: +389 2 24 00 225
Address
Partizanski Odredi 43A/15
1000 Skopje, F.Y.R Macedonia
Bosnia, Croatia,
Slovenia
Our key people
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Marketing, business development, financial services,
Cyprus tax and corporate issues.
Economics in Banja Luka, specializing in Business and
Entrepreneurship. Master Degree from the Frederick
University Nicosia
Expertise Advisor Annual services, tax, accounting &
Payroll foreign. EU funds, business plans and various
marketing activities in Bosnia & Herzegovina, Croatia and
Serbia.
Dajana Topic
Dajana.topic@eurofast.eu
Tel: +387 51 340 680
Address
Mladena Stojanovica 117A
78000 Banja Luka, Bosnia
and Herzegovina
Montenegro
Our key people
Acting Manager of Eurofast Global’s Montenegro
office
Bachelor of University of Economics
Expertise Financial services in duo line employment,
HR services
Jelena Zivkovic
jelena.zivkovic@eurofast.eu
Tel: +382 20 228 490
Address
Bul Sv Petra Cetinjskog 112
81000 Podgorica, Montenegro
Croatia
Our key people
Tax and Legal Advisor, Eurofast Croatia
Master of Law title from the University of Zagreb
 Expertise domestic tax advice, real estate and
corporate law corporate insolvency, M&A Tax.
Experience in Contract Law, Employment Law and
obtaining work and residency permits for clients.
David Jakovljevic
Ukraine
Our key people
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Country Executive
MBA degree, specializing in Management from
University of Nicosia in Cyprus and holds a Master
Degree of the Kyiv National Pedagogic University
Expertise, management & digital marketing
Nadiya Omelchuk
nadiya.omelchuk@eurofast.eu
Tel: +38 044 502 10 68
Address
116 Gorkogo Street, Office 6
03150, Kyiv,Ukraine
Georgia
Our key people
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Director
Master of Law degree with honor from Kyiv
Shevchenko University
Expertise MBA, Risk management control & employee
law, Restructuring of Bank & Insolvency
Anna Pushkaryova
anna.pushkarova@eurofast.eu
Tel:+ 995 32 220 00 11
Address
6 George Saakadze Descent,
Tbilisi, 0171, Georgia
Cyprus
Our key people
Chris Damianou, Director, International Tax
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Certified Public Accountant, member of the AICPA
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Specialises in international tax structuring and planning, including real estate structuring
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Over 25 years of working experience in tax consulting, working with local as well as multinational
companies
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author of numerous taxation articles published in the International press and magazines
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Was the Chairman of the Europe/Middle East/Africa BKR International, a top-20 international
accounting and tax organisation.
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Was the President of the Junior Chamber International of Cyprus in 1999.
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He is the Honorary Consul of the Republic of Montenegro (except Limassol) in Cyprus.
Cyprus
Our key people
Zoe Kokoni, Director
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Specializes in Tax, Payroll and Labour issues.
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Has extensive experience in Greek, Bulgarian and Cyprus immigration rules.
Deals with citizenship and residency permits issues, provides advisory
services to expatriates on taxation issues and employee benefits as well as
social security issues.
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Is a member of Taxand Global Compensation Service line and a Board
member in Antea and is the Head of our Eurofast representation in ADP
Streamline for Greece and Cyprus.
Our key people
Maria Damianou, Director,
Accounting Support Services
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Specializes in accounting, payroll, employer services,
indirect domestic tax and compliance services in Cyprus
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Responsible for the management of payroll services of
clients located in multiple locations
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Author & contributor of numerous publications
specialized in employment and indirect taxation
Cyprus
Our key people
Maria Savva, Director, Regional Operations
▪ Business Communication Finance (Concordia
University, Montreal)
▪ MBA (University of Cyprus)
▪ Supervises and manages all day-to-day
operations (HR, IT, Admin, Marketing) across
all offices
Our focus on knowledge
Credentials
Credentials
Credentials
Credentials
Credentials
Credentials
Our focus on
knowledge
(Taxand publications)
Our focus on
knowledge
Media
Commentary
Staying close to our
community
Find us online
Keeping you
updated
www.eurofast.eu
Thank you!
Questions/ Answers