With over 20 years of experience Michael focuses on local and international taxation, cross-boarded taxation, IP tax, corporate structuring and business restructuring, as well as transfer pricing and audit advisory.
Michael has been ranked as a very experienced and highly skilled tax advisor (Legal5000 EMEA 2023). He is a Member of Institute of Association of Chartered Certified Accountants (FCCA) and a Member of the Institute of Certified Public Accountants in Cyprus (ICPAC) since 2009 and in 2022 he became an ADIT International Tax Affiliate.
Michael is an established practitioner on local and international tax, with excessive experience in tax planning and tax restructuring engagements, as well as on IP Box tax regime matters especially for Tech companies located in Cyprus. Prior to joining AGPLAW, Michael worked as senior member of the accounting, audit and tax department of KPMG Cyprus for over four years until he joined a well known reputable international corporate, accounting and audit firm as audit manager until 2018.
Michael leads a team of over 15 professionals on daily tax advisory engagements, budgeting and financial reporting for corporate clients, as well as VAT and VIES matters.
He is fluent in Greek and English.
Next Generation Partner 2026 | Tax
Next Generation Partner | Tax
- Member of Institute of Association of Chartered Certified Accountants (FCCA) since 2009.
- Member of the Institute of Certified Public Accountants In Cyprus (ICPAC), since 2009.
- Advanced Diploma in International Tax (ADIT), 2022.
- Completion of ACCA final examinations, Cyprus College of Professional Studies.
- Completion of CAT final examinations, Cyprus College of Professional Studies.
- Prepared a tax opinion on the Cyprus tax treatment of dividend distributions from a Liechtenstein foundation to a Cyprus non-domiciled tax resident beneficiary. Conducted research on the Cyprus Income Tax Law, the Special Defence Contribution Law, and GESY legislation to analyse the tax treatment of foundation distributions, confirming the exemption from Cyprus income tax and SDC on qualifying dividends while advising on the application of GESY contributions. Deal value: 10 million EUR
- Structured a Cyprus yacht leasing arrangement for the acquisition of a €9 million luxury yacht, advising on VAT optimisation under the Cyprus Yacht Leasing Scheme. Conducted research on the VAT framework, importation and customs requirements, leasing documentation, and corporate tax implications, supporting a structure that significantly reduced the effective VAT burden while ensuring compliance with Cyprus VAT regulations and EU requirements.
- Prepared a tax opinion on the Cyprus tax implications of a convertible loan investment with a profit-sharing and equity conversion mechanism. Conducted research on the Cyprus Income Tax Law, the Special Defence Contribution Law, and relevant tax guidance to analyse the classification of profit distributions, early repayment yields, and alternative investment holding structures, supporting recommendations on tax-efficient structuring and compliance for a Cyprus non-domiciled investor.
- Advised AFW Investment Ltd on the tax treatment of the disposal of immovable property in Cyprus by analysing whether the company qualified as a trader or non-trader for tax purposes. Conducted research on the Income Tax Law, Capital Gains Tax Law, chargeable and exempt disposals, and the application of Notional Interest Deduction (NID).
- Provided a comprehensive tax opinion for a non-domiciled Cyprus tax resident with income derived from both Cyprus and Russia. Researched the Cyprus Income Tax Law and the Cyprus–Russia Double Tax Treaty to analyse the taxation of foreign-sourced entrepreneurial income, foreign tax credit relief, dividend treatment, treaty application, and the classification of active and passive income.
- Prepared a cross-border tax advisory report on the proposed restructuring of an international group of companies operating in the financial technology sector. Conducted research on the Cyprus Income Tax Law, the Estonian Income Tax Act, and the relevant Double Tax Treaties to analyse jurisdiction-specific tax implications, evaluate alternative group structures for new investors, and assess personal income tax considerations.
- Advised MuseCy Sm Limited on the application of Cyprus' 50% employment income tax exemption following the transfer of employees between group companies. Reviewed the relevant Tax Department Circular No. 10/2022 and clarified that, where employers form part of the same consolidated group for accounting purposes, such transfers do not affect an individual's "first employment" status, allowing the tax exemption to continue to apply.
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