ABOUT US

Our Company

Chelco Trustees Ltd was formed in 2009 for the purpose of offering specialised and dedicated trust and trustee services to its clients.

Based in the business capital of Cyprus, Limassol, the company is comprised of a team of chartered accountants and tax consultants that can provide personalised and dependable trust solutions based on years of experience, knowledge and expertise in the field.

The firm maintains strong and durable relationships with the island’s key public and private organisations, professional bodies and decision makers and is frequently consulted in policy-making decisions.

Chelco Trustees also works closely with an alliance of like-minded trust specialists in jurisdictions around the world, allowing it to offer a wide range of trust solutions to its local and international clientele.

It is regulated by the Institute of Certified Public Accountants of Cyprus (ICPAC).

Mission

Our mission is to earn and uphold our clients’ trust.

Social and Environmental Responsibility

& Corporate Governance

We consider Social Responsibility as a duty every organization organisation has to perform so as to maintain a balance between the economy and the world we live in. A trade-off always exists between economic development on the one hand, and the welfare of society and the sustainability of our environment on the other. Social and environmental responsibility means sustaining the equilibrium between the two. This responsibility can be passive, by avoiding engaging in socially or environmentally harmful acts, or active, by performing activities that directly advance social and environmental goals.

We strive to demonstrate cultural, communal and environmental sensitivity not because we have to but because we want to.

Download and read our Company Profile PDF

Alexis C. Tsielepis, BSc, FCA​

Managing Director

ACADEMIC & PROFESSIONAL QUALIFICATIONS

Alexis graduated from the University of Bristol where he received a Bachelor of Science Degree (First-Class, Hons.) in Economics and Accounting with an emphasis in Continental Europe. He subsequently trained as a Chartered Accountant with PricewaterhouseCoopers (PwC), London.

He is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC).

He is a co-founder and the Vice-Chairman of the Cyprus VAT Association (CYVA) and a partner and Director of the VAT Forum in Belgium.

He also holds the Expert in European Value Added Tax (VAT) Degree, which he earned with the highest grade ever awarded in the history of the coveted diploma.

BACKGROUND

Alexis is a dedicated trust practitioner with many years of practical experience in the field. He possesses a solid understanding of trust legislation and offers a broad scope of knowledge, expertise and experience when advising his clients, who range from multi-national corporations to high net worth individuals. He lectures extensively on trusts, direct and indirect taxation and anti-money laundering and has written a number of related articles on matters pertaining to Cyprus trusts.

SKILLS

Alexis has been structuring and administering Cyprus international trusts for over 15 years and currently acts as Trustee in trusts holding assets worth billions of Euros, situated in various jurisdictions.

His in-depth understanding of the workings of trusts, his extensive knowledge of corporate and personal taxation, his integrity, experience and results-oriented attitude, all position him uniquely to offer comprehensive and authoritative advice to his clients.