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About

About Us

Chrysalis provides highly personalised business setup services to corporate clients and individuals who are setting up their companies, branches or subsidiaries in the UAE.
Our team full of passionate professionals is dedicated to helping you find the best-suited solutions when establishing a company in the UAE. Not only do we advise you on the corporate structure and jurisdiction to choose from, but we also make sure to cover all technical, administrative and financial aspects of UAE business setup.
Your business setup journey doesn't stop there, which is why we offer additional services to get your business up and running after the establishment. We can help you with your company's accounting, marketing, HR and much more.
 

“Chrysalis” is defined as the protected stage of development of a butterfly and symbolizes a rebirth, moving from an “ugly” state to its rebirth in a beautiful form. That is our Company’s mission and intention – to protect our clients’ interests and provide a solid foundation and support before starting or developing any venture resulting to a Rebirth.

Company Mission

Designed to cater to individuals, startups, and small to medium-sized companies, Chrysalis  is committed to providing bespoke business set-up advice and delivering fantastic customer service, as well as developing trusted, long-term relationships with all its clients - by not only managing the process of company formation from start to finish, but also by providing a supportive ecosystem for those companies to flourish. Chrysalis strives to proactively and continuously surpass clients expectations by offering high quality  and expedited services.

What Can We Do For You

Chrysalis is handling every practical aspect of setting up a business for you, from the company formation to visa processing and liaising with UAE Government agencies on your behalf. We give you the flexibility of owning your business without having to navigate through the complexities of the document and registration process. Chrysalis acts as a Company Service Provider assisting clients with Accounting & Bookkeeping, Consultancy Management, and Administration Services by offering solutions through a strategic liaison with partners locally and internationally.

Directors

Phivos Theocharides
Directors

Graduated from Boston University’s School of Management in 2005 with a dual concentration in Accounting and Finance and became a qualified ACA member of ICAEW as a Chartered Accountant in 2008 and also a Fellow (FCA) member of ICAEW in 2018.

Currently, he is involved in international tax planning and restructuring services as well as offering sophisticated Banking solutions for jurisdictions involving Eastern European countries (like Poland, Russia and Ukraine), Gulf Region (like Bahrain, Kuwait, Iraq, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) and Asia Region.

Phivos
Theocharides

Operations Team

Chandre Sticht
Operations Team

Graduated with an BBA from Ascencia Business School and Certified Manager from American Institute of Business and Management (AIBM).  Chandre has been a part of the Chrysalis team for many years and has extensive, hands on, experience within this field within the UAE.

Chandre is responsible for the operations of Chrysalis. She processes the company formation applications and once companies are incorporated, she assists with UAE residence visa applications.  Additionally, together with the client, she meets the bankers to arrange bank account openings for both corporate and personal bank accounts.  Thereafter, Chandre is responsible for any corporate amendments that the clients may require as well as general yearly renewals that are needed.

Chandre
Sticht
Loukia Charalambous Dib
Operations Team

Graduated from Intercollege with an Associate’s degree in Psychology in 2000, then continued studies to graduate from John Jay College of Criminal Justice of the City University of New York in 2004 with a BA, and in 2008 obtained an MPA (Master’s in Public Administration) with cum laude, and being on the Deans’ List, got awarded from ΠΑΑ the National Honor Society for Public Affairs and Administration.

Loukia has 20 years of experience in diverse industry sectors with a direct involvement approach. In Chrysalis, Loukia is currently engaged with Corporate administration matters in the UAE, with experience in other jurisdictions as well, for company formation / registration / structure changes / liquidation / strike off, Trust formation, assists with Banking related matters including personal and corporate account opening/closing, and bank account reviews. Additionally, she assists with the drafting of agreements, board resolutions, and Power of Attorneys. 

Loukia
Charalambous Dib

Sales Team

Karen Dimayacyac
Sales Team

Karen has 7 years in the Business Setup industry / Company Formation. With this career, Karen is always making sure that she is an effective advisor who communicates well with people of all ages and backgrounds.

As the Corporate Sales Officer for the company, Karen is the first contact a potential client has with Chrysalis. She meets with the clients to understand their needs and goals for the company and to ensure that the company is set up in the correct jurisdiction, with the correct activities. Additionally, Karen is responsible for the social media of Chrysalis. She shares the most up to date news relating to the UAE business sectors and well as how and why Chrysalis is the first choice as a Corporate Service Providers for many clients.

Karen
Dimayacyac

Compliance Team

Junaid Shaikh
Compliance Team

Junaid has completed his Masters in Financial Services and holds valued UAE compliance knowledge. While working at Chrysalis, Junaid is not just focus on completing work but also in continuous learning and evolving.

As Compliance Officer for Chrysalis, Junaid is responsible for ensuring that the company as a whole is compliant with each authority including the FIU, DMCC, CBUAE and up to date with the UAE, UNSC and OFAC sanction lists.  Junaid is responsible for registering all applicable companies with the AML portals as well as preparing AML Compliance manuals, reviewing the manuals and all KYC files regularly.  He also thoroughly screens all future and existing clients on a regular basis through approved compliance software and the UAE, UNSC and OFAC sanction lists to ensure the company remains compliant. 

Junaid
Shaikh
Alexandra Gavrielidou
Compliance Team

Alexandra is a Barrister Lawyer and has completed her Master’s in Business Administration.  

As MLRO for Chrysalis, Alexandra is responsible to ensure compliance by Employees with the provision of the AML & CFT legislation as well as all the provisions outline in the Manual related to Internal Reporting Procedure. Moreover, she is responsible of investigating and reporting all reports made by Employees relating to money laundering and/or terrorist financing to FIU.

Alexandra
Gavrielidou

Accounting Team

Andri Gavrielidou
Accounting Team

Andri Orphanidou Gavrielidou is the Head of Accounting of Chrysalis Serve Corporate.

She has been active in the UAE for the last 10 years in servicing a broad clientele of legal entities with their Accounting in services and trading sectors. As the Head of Accounting she is responsible for reviewing accounting treatments of numerous transactions as well as assessment of V.A.T implications.

Andri
Gavrielidou
Maria Charalambous
Accounting Team

Maria has an overall experience over 25 years in the field of Accounting.

Maria has been a part of the Chrysalis team since 2019. She is responsible for the internal accounting of the firm and additionally she is providing bookkeeping services to numerous clients of the firm.

She is experienced in providing accounting services to complexed structures.

Maria
Charalambous
Frixos Gavrielides
Accounting Team

Graduated from University of Nicosia with a bachelor’s degree in business administration, then continued studies MBA in University of Cyprus

Frixos has 10 years of experience in accounting and finance. In Chrysalis, Frixos is currently engaged with accounting and bookkeeping UAE companies.

Frixos
Gavrielides

Banking Team

Sotia Ioannou
Banking Team

Sotia Ioannou joined the firm in 2019 as the Head of Banking.  Sotia has been active in the International client sector for more than 20 years.

Her main areas of expertise include banking, corporate, tax structuring and AML. Sotia finds sophisticated banking solutions based on clients’ needs and has built a solid banking network mostly in the jurisdictions of Eastern Europe countries, United Arab Emirates and Asia Region.

Sotia
Ioannou
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