Partner – Tax Advisory Services

    Spyros ioannou

    Our aim is to recruit and develop professionals who are capable of offering consistent outstanding quality service to clients.

    At the same time, we focus on employee retention, as we realize the importance of maintaining quality people and the impact of this on the level of service offered to clients. Our approach to achieving employee retention includes but is not limited to.

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    Spyros is a member of the Institute of Chartered Accountants of England and Wales (ICAEW) since 2005 (admitted as a fellow member in 2015) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) since 2006. He is a graduate of the University of Manchester (2001) with a major in accounting and finance.

    He has 20 years of audit and tax experience. He has been with Big 4 both in the UK and in Cyprus for 5 years. In 2006 he joined the family business of NCO Ioannou Chartered Accountants, where he served in the position of manager, senior manager and eventually partner, until mid-2015. In August 2015, his firm was merged with another two reputable audit firms to form Primus, in which he is acting as the Partner heading the tax department.

    Spyros has a wide range of tax experience in advising local and multinational clients on tax matters and he has been involved in many international tax projects, assisting clients to structure their deals and operations in a tax efficient manner. His experience includes improving the tax efficiency of multinational operations, advising on earnings repatriation strategies, (re)structuring of operations, IP planning, transfer pricing studies and other cross border arrangements.

    Over the last 12 years, he is also acting as an ACCA lecturer, teaching Basic and Advanced tax (papers F6, P6) and Basic and Advance Financial Reporting (FR and SBR). He is also teaching all modules of Advanced Diploma in International Tax (ADIT). ADIT consists of the following 3 modules:

    • • Module 1 – Principles of International Taxation
    • • Module 2 – Cyprus Taxation
    • • Module 3 – Transfer Pricing


    In 2012 he founded the Private Institute of Accountancy NYS Invictus, teaching the entire range of ACCA papers and ADIT.