The Chelco VAT International Academy continues its series of high-level VAT educational events with a morning seminar focussing on the VAT Place of Supply Rules.

Place of Supply determines where a transaction is taxed for VAT purposes and which Member State has the taxing rights. To this effect, it determines to which national legislation one must refer to be able to determine country specific considerations such as exemptions, VAT rate, reverse charge mechanisms, compliance requirements and other conditions, which are up to each Member State to determine and implement.

The Managing Director of Chelco VAT and Lead Instructor of the Academy, Alexis Tsielepis, together with fellow Director, Panayiotis Panayi, will examine the rules that determine where a transaction is taxed for VAT purposes. The seminar will discuss the different VAT Directive rules that determine where a transaction is taxed for VAT purposes with illustrative examples.

The seminar is open to any professional with exposure to VAT matters such as:

  • Accountants
  • Business consultants
  • Business managers
  • Financial officers and controllers
  • Lawyers
  • Any other professional dealing with VAT matters

Download the seminar brochure in EN


8:30am – 9:00am Registration & Coffee
9:00am – 9:05am Welcome Address
Alexis Tsielepis – Co-Instructor
9:05am – 11:00am
  • Legal background
  • Place of supply rules for supplies of goods
  • Main place of supply rules for provision of services
11:00am – 11:30am Coffee Break
11:30am – 1:30pm
  • Exceptions to the main rule
  • Use and enjoyment provisions
  • The role of fixed establishment in determining place of supply

Discussion and Questions

1:30pm End of Seminar



Alexis Tsielepis, BSc, FCA
Managing Director
Chelco VAT Ltd


Alexis Tsielepis

Alexis is widely considered as the foremost expert on VAT in Cyprus. With more than 15 years of experience in VAT strategic consulting, he advises businesses on international VAT matters and lectures at local and international VAT conferences.

Alexis possesses an extensive vocational and educational experience in European VAT and a detailed comprehension of EU VAT matters and decisions of the European Court of Justice (ECJ). He sits on various committees charged with tax matters, including the VAT Committee of ICPAC, on which he has held various positions, including Vice-President. His work includes liaising with the Cyprus tax authorities and government on policy making.

He has written a number of tax syllabuses, chapters and articles on matters pertaining to Cyprus and EU VAT. He is the author of the book “An in-depth analysis of the Fixed Establishment concept and a comparison with the Permanent Establishment concept”.

Alexis is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), and holds the Expert in European Value Added Tax Degree, which he earned with the highest grade ever awarded in the history of the coveted diploma. He is now a Partner and a Director of the VAT Forum and teaches at various international VAT schools.

Alexis is sharing his knowledge on VAT, in a series of seminars and workshops organised by the Chelco VAT International Academy, covering an array of VAT-dedicated topics.


Panayiotis Panayi, BA, ACA
Chelco VAT Ltd


Panayiotis Panayi

Panayiotis is an Associate Chartered Accountant (ACA) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC), with more than 10 years of experience in VAT.

He holds a Bachelor of Arts degree in Accounting and Finance from Manchester University in the UK. Panayiotis trained initially with Deloitte & Touche LLP in Manchester, and subsequently with PwC Cyprus, as a Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ICAEW), before joining Chelco VAT Ltd as Senior VAT Consultant in 2014. In 2017, he was awarded the Expert in EU VAT degree, finishing first in his class.

He now works exclusively as a consultant in VAT advisory and compliance services for both local and international companies with activities in Cyprus, Europe and worldwide.

Panayiotis has authored or contributed to various articles and other publications in Cyprus and abroad on matters pertaining to Cyprus and EU indirect taxation.


Professionals dealing with VAT matters at all levels and in all industries, who would like to expand or enhance their VAT knowledge:

  • Accountants
  • Chief Accountants
  • Financial Controllers
  • Tax Consultants
  • Tax Accountants
  • VAT Department Officers
  • VAT Specialists


The VAT Place of Supply Rules

Date & Venue Limassol
Friday, 15 March 2019, Columbia Plaza Venue Centre
Time 9:00am – 1:30pm (registration at 8:30am)
4 CPD Units (certificates of attendance will be provided)
Cost €175 + VAT
Group Discount (for 3 persons or more): 15%
Seats are limited!
Language English