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Louki Akrita 21-23., Bellapais Court, 7th floor,
office 46, 1100 Nicosia - Cyprus


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Welcome to Nexellence! Please select the language to proceed.

Welcome to Nexellence! Please select the language to proceed.



Business services
you can rely on

Nexellence Fiduciary services LTD(“Nexellence”) is fiduciary company offering comprehensive Corporate Services through its network of associates. We may assist you in a fast-track incorporation of a new company in accordance to your needs and requirements. The firm is based in Nicosia but also has representatives in Ukraine and Russia.

About us

Nexellence can provide you legal and fiduciary services, nominee officers and shareholders, virtual offices and substance services. Nexellence can also undertake other activities, such as invoicing, preparation of documents, assistance with your company bank accounts operations, etc.

Meet the team

Ioannis Trochidis


Ioannis' head contains a legal library from all countries of the world. The number of successful financial and legal cases confirms the professionalism of every decision made by him.

Reviews from partners:

One of the best legal advisers with whom it is reliable and pleasant to work with. Everyone in Cyprus knows Yanis!

Valeria Nikolaenko


The most difficult legal and financial tasks, which are considered overwhelming, after Valeria's personal analysis become easy and as accessible as possible.

Reviews from partners:

A reliable, strong partner and friend.

Valeria Salyuk


Valeria finds a common ground with clients and partners very easy because of high professionalism and individual approach. Experienced in conducting successful cases in more than 30 countries around the world.

Reviews from partners:

Responsible and detail-oriented lawyer, who is pleasant to do business with.

Iryna Kyslenko


Creates cozy atmosphere in the office, taking care of each employee. Our office is like a home: it`s clean, comfortable, beautiful, you want to come here and don`t want to leave.

Reviews from partners:

Very friendly and well-organized office fairy.

Andrea Kountouri


Honesty, sincerity, success, trust, confidentiality compose Andrea's profile. Andrea is a lawyer and provides legal services in court and out of court in the widest range of laws.

Reviews from partners:


Anna Pershina


Ensures well-coordinated work for prompt processing of tasks. High-quality and fast transfer of information and documents, allowing the company to develop and reach new heights.

Reviews from partners:

Very friendly and responsible coworker.

Areas of our practice:

Why us?

  • Nexellence is a boutique firm based in Cyprus – we select and attend to our clients.
  • You have all the necessary services under one roof.
  • We have a variety of clients both public and private.
  • Our firm has experienced staff in all areas of practice.
  • We are able to provide fiduciary services to other jurisdictions such as Hong Kong, BVI or any other country through our associates abroad.
  • We provide lobbing, investment and introductory services for clients through our network of associates.
  • We are introducers to the majority of the Cypriot banks.
  • Our charging fees are very reasonable combining quality and result.

and commercial

Situated in the Mediterranean Sea on the crossroad between three continents, Cyprus offers unique advantages for international investors and businessmen.

Cyprus offers a favorable investor-friendly tax rate of 12.5%,
which is one of the lowest corporate tax rates in the EU.

Location privileges

Companies registered in Cyprus benefit from the double taxation avoidance treaties between Cyprus and 45 European, Asian, Middle-Eastern and other countries. These treaties, in their majority, follow the OECD model. As a result foreign investors do not have to pay additional tax in their home country.

Multiple conventions

There is a significant network of bilateral and multilateral conventions and treaties with other countries and organisations.

Quality standards

Highly specialized professional services, modern infrastructure and laws.

Corporate multitasking

Our corporate department handles all types of company and commercial matters for public and private companies, local or BVI, partnerships and individuals. It acts on company formations, reconstructions, takeovers and amalgamations, and is experienced in dealing with the taxation aspects of all such matters. On the intellectual property front the firm is also experienced in dealing with copyright, patents, trademarks and business names. It is also experienced in drafting all types of contracts.

Nominee services

Nexellence, being a licensed fiduciary services company under the Bar association of Cyprus, can provide the following nominee services in Cyprus:

Company directors:

For clients who wish to establish and strengthen their local presence in Cyprus by ensuring management and control of the board of directors occurs in Cyprus. Company directors take part in board meetings, review and pass resolutions of the board and provide general assistance with the day to day management of the company.

Company secretary:

Every Cypriot company is required by law to have a company secretary. The duties of a company secretary include:

  • The upkeep of the company’s statutory registers, minute books, etc.
  • Filing of required returns to the registrar of companies.
  • Preparation of meetings of the board and members of the company.

Nominee shareholder
and trustee services

Holding of the legal title to shares in Cypriot and overseas companies as nominees for the benefit of our clients, under trust arrangements (either Cypriot International Trusts or normal trusts governed by the relevant Cypriot legislation).

Bank Account
management services


In order to take advantage of tax treaties benefits, a company has to be a Cyprus tax resident. According to the Cyprus Company Law –Cap. 113., it means that the company has to exercise its affective management and control in Cyprus. The term “substance” is not clearly defined in Cyprus legislation. However, the following conditions are among the key requirements by the Cyprus tax office:

  • Registered office address in Cyprus
  • Board of directors exercise control and make key management and commercial decisions
  • The majority of directors are Cyprus tax residents
  • Board meeting are held in Cyprus and Board Decisions are taken in Cyprus
  • Company books and records are maintained in Cyprus

Sufficient substance generally means having an office and an employee based in Cyprus. Nexellence team is happy to assist our Clients to develop solutions depending on their specific needs and requirements. We are offering comprehensive substance services, including real/physical space and virtual office packages.


Litigation refers to the dispute resolution process through the courts. Having been a British colony until 1960, the Cypriot legal system and rules relating to litigation are primarily based on the English legal system. The courts are divided into six types: District Courts (civil actions); Assize Courts (criminal cases); Family Courts; Rent Control Tribunals; Industrial Dispute Tribunals and Military Court. All are presided over by the Supreme Court which (amongst other duties) acts as an appellant court to hear the appeals from lower courts in civil and criminal matters.

We try to ensure a broad approach to litigious matters
but cases often fall into one of the following categories:

Banking, corporate and commercial litigation

Copyright and intellectual property litigation

Family law

Isurance law

Financial law

Labour law

Property Law

Criminal law

Maritime law

Debt collection


Nexellence acts as authorized introducers to all major Cyprus Banks and maintains excellent relations with all of them. We can therefore assist our Clients with opening and administering their bank accounts, obtaining debit/credit cards and other banking needs. Our services include continuous monitoring of bank movements and performance of bank transactions as per your instructions.

Benefits of banking in Cyprus

A choice of term, savings or current accounts

Favorable interest rates

Cheque book facility

Credit card facilities in various currencies

No tax or withholding tax on interests paid to non-resident account holders.

No exchange control regulations

Bank accounts can be opened in all currencies

Using our knowledge of the local financial and banking environment, we can advise individuals or companies on the most appropriate bank according to the client's profile and requirements. As intermediaries to Cypriot banks, we can assist with the preparation of due diligence documentation to facilitate client acceptance by the bank. We also assist with the preparation of bank account opening forms and documentation to expedite the opening of bank accounts and activation of internet banking access.