Iliyana Panova

Meet Iliyana

Iliyana is a UAE-licensed tax advisor and tax lawyer with more than 17 years of experience in international tax advisory, tax risk and project management, including 9 years in the UAE.

Her professional experience includes working for a Big4 practice in the EU and MENA in the field of indirect, corporate and international tax advisory, leading the MENAT VAT function for a major international bank, and most recently as a Tax Policy Expert with the Tax Policy and International Relations Department of the UAE Federal Tax Authority.

Area of Expertise

Iliyana’s practice extends to advising clients on complex domestic and international tax and compliance matters, including

  • UAE Corporate Tax, GCC VAT and Global Minimum Tax advisory and implementation;
  • International tax advisory, including tax planning, tax strategy formulation and tax optimisation;
  • Developing the Tax Operating Model and Tax Control Framework for group companies and in-house teams;
  • Providing tax guidance and support for cross-border transactions and procedures for applying double tax treaty relief, M&A projects and Transfer Pricing reviews;
  • Serving as a Tax Steering Committee member providing strategic advice to Boards of Directors.

Education & Certifications

Iliyana holds a Master’s degree in Law and Advanced Diploma in International Taxation (ADIT) with the Chartered Institute of Taxation in the UK, focused on International and EU Direct Tax.
Recently completed leadership development programs for senior tax officials with the International Monetary Fund (IMF) and the Organization for Economic Co-operation and Development (OECD).

Bar

  • Iliyana is a member of the Sofia Bar Association.