EY Cyprus has once again been named Transfer Pricing Firm of the Year by the International Tax Review (ITR), marking the seventh consecutive year of receiving this prestigious honour.
Transfer Pricing Manager Maria Panayiotou received the Award on the company's behalf.
The ITR European Tax Awards, held on Thursday, 18 September 2025, celebrate outstanding achievements in tax advisory and services across Europe, the Middle East, and Africa (EMEA).
Since first entering the rankings in 2019, EY Cyprus has consistently set the benchmark for excellence in Transfer Pricing, delivering unparalleled quality and client-centric solutions.
Commenting on this remarkable milestone, Philippos Raptopoulos, Partner and Head of Tax and Legal Services at EY Cyprus, stated, “Winning the Transfer Pricing Firm of the Year award for the seventh consecutive year is a testament to our team’s unwavering dedication, expertise, and innovative approach. This achievement reflects the trust our clients place in us and the hard work of our professionals who consistently deliver cutting-edge solutions. We remain committed to investing in technology and talent to uphold our industry-leading standards, evident also via the across EMEA Tax Disputes Award won by Simos while leading controversy projects at regional level.”
Charalambos Palaontas, Partner and Head of Transfer Pricing Services at EY Cyprus, said, “I am deeply honoured by this recognition. This award reflects the strong team behind our Transfer Pricing team at EY, whose expertise have allowed us to consistently navigate complex cases and deliver high-quality results to our clients. Our team is committed to providing innovative and effective Transfer Pricing."
In addition to the firm’s recognition, Simos Simou, Director, Green Tax Transformation & Controversy Leader at EY Law Cyprus (Koukounis Karaolis LLC), was honoured with the prestigious EMEA Tax Disputes Rising Star award at this year’s ITR European Tax Awards. This marks the second consecutive year that an EY Cyprus network professional has received a Rising Star Regional award for successful cross-border projects in Europe, Midde East, Africa underscoring the network’s commitment to fostering exceptional leadership.
Upon receiving the award, Simos Simou commented, “I am truly honoured to receive the EMEA Tax Disputes Rising Star award. This acknowledgement reflects the collaborative spirit and our team expertise at cross-border level equipping us to resolve complex tax disputes and foster green tax transformation. I am committed to pursuing outstanding practical support to our clients in navigating complex tax challenges around Europe, Middle East, Africa and in our home country Cyprus currently preparing to shortly undertake the Presidency of the Council of the EU.”
EY Cyprus, through its global network, provides comprehensive tax advisory and compliance services across diverse sectors, tailored to meet the unique needs of its clients worldwide.
