Philippos Hadjizacharias

Deputy Minister οf Research, Innovation and Digital PolicyΦίλιππος-Χατζηζαχαρίας.png

Philippos Hadjizacharias was born in Larnaca in 1975. He is a graduate of the Larnaca Pancyprian High School and he has completed his military service with the rank of Airforce Captain.

He holds a degree in Accounting from the University of Birmingham, United Kingdom, and holds degrees in AAT, FCCA, MA Taxation in European Law from the Institute of Advanced Legal Studies in London, and a certificate in Effective Leadership from the University of Oxford, UK.

After completing his training as an Accountant-Auditor in the UK, he started his career with one of the major audit firms in Cyprus. He is a founding member of PHS & Partners and the CEO of the company until his appointment as a Deputy Minister in the Government of President Nikos Christodoulides. He is a member of the Institute of Certified Public Accountants of Cyprus, where he has served on various committees.

He served as a non-executive Director as well as financial and tax advisor in various multinational companies prior to his appointment. He has written several articles on tax-related issues including:

  • “Taxing Multinationals in a post-BEPS environment from a Cyprus perspective”
  • “Treatment of Corporate Income where derived”
  • “Corporate net worth tax (a form of wealth taxation) as a supplement to the corporate
  • income tax”
  • “Exchange of Information with other Countries”
  • “The concept of freedom of establishment has been evolving in the jurisprudence of the
  • Court of Justice in EU”
    Additionally, he has taught at various universities and institutions in Cyprus and abroad on topics such as taxation and accounting.
    He has been a regular columnist for newspapers and economic magazines/websites, and he has participated as a guest speaker in television shows.
    He is engaged with Mrs Sandra Hadjizacharias and has 3 children.