iGaming B2B

Enalian Consulting

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Founded
2019-01-01 in Limassol, Cyprus
Headquarters
Limassol, Cyprus

Enalian Consulting is a boutique corporate, tax, and legal advisory firm headquartered in Limassol, Cyprus. Founded in 2019 by Michaella Pillakouri, the firm was named after the mythological emergence of Cyprus from the sea, reflecting its ambition to “shake the waters” of the consulting industry. It provides tailor-made services spanning company formation, banking, tax/VAT, intellectual property, property management, immigration, payroll, accounting, and estate planning. Notably, Enalian Consulting also offers specialised services for the iGaming and e-commerce sectors, positioning itself as a partner for regulated online gaming operators seeking substance, compliance, and corporate structuring in Cyprus. The firm serves both Cyprus-based and international entrepreneurs, with a strong emphasis on work ethics, integrity, confidentiality, and long-term client relationships. Enalian Consulting is privately held and employs between 11 and 50 people – with LinkedIn currently listing 21 employees. The firm has been featured in Gold Magazine (August 2025) and collaborates with non‑profit organisations such as the Kateryna Biloruska Foundation on community and environmental initiatives. Its mission is to provide modern, streamlined, and cost‑efficient solutions that align with the complexities of its clients’ businesses, helping them dominate global markets.

Detailed Review

History and Founding

Enalian Consulting was established in 2019 in Limassol, Cyprus, by Michaella Pillakouri, who serves as Founder and Managing Director. Pillakouri's background in international commerce, corporate law, and financial advisory underpins the firm’s integrated approach. The name “Enalian” is derived from the Greek mythology of Cyprus’s birth from the sea – chosen to symbolise the firm’s disruptive, innovative spirit.

Services and Specialisations

The firm’s service portfolio is comprehensive and includes: Cyprus & International Companies Formation; Company Management & Administration; Cyprus Substance Services (meeting economic substance requirements); Banking Services (account opening, corporate banking support); Tax & VAT Services (compliance, planning, representation); Intellectual Property Protection Services; Property Management Services; E‑Commerce and iGaming Services (licensing support, regulatory guidance, operational structuring); Immigration & Business Relocation Services; Financial Advisory Services (fund structuring, M&A support); Payroll, Accounting, and Bookkeeping; and Wills, Succession & Estate Management. These are delivered on a bespoke, client‑by‑client basis, rather than through standardised product platforms.

Market Focus

Enalian Consulting’s core client base includes entrepreneurs, startups, and established SMEs in Cyprus and abroad. Its iGaming arm is particularly relevant for B2B operators seeking a compliant home base in the EU – offering substance, banking, and corporate governance in line with Cypriot and EU regulations.

Recent Developments and Corporate Social Responsibility

In 2025, the firm was featured in Gold Magazine for its journey from a boutique consultancy to a fast‑growing advisory firm. In March 2026, Enalian Consulting collaborated with the Kateryna Biloruska Foundation to support wildfire‑affected communities in Cyprus, providing generators and water pumps. The firm also actively engages in thought leadership on Cyprus’s investment funds regulatory landscape.

Reputation and Employees

With a LinkedIn‑implied headcount of 21 employees (within the 11–50 range), Enalian Consulting maintains a lean, high‑calibre team. The firm is privately held and has no record of external funding or acquisitions. Its reputation is built on discretion, ethical advisory, and deep local expertise.

Licensing and Compliance

The firm operates within the Cypriot legal and regulatory framework. It is not a licensed financial institution but provides advisory services that require adherence to anti‑money laundering (AML) and know‑your‑customer (KYC) standards. It does not hold a direct iGaming licence but advises operators who do.

Strengths

- Deep specialisation in iGaming and e‑commerce services within a single consulting hub - Strong founder‑led culture and personalised client approach - Broad service scope covering substance, tax, legal, and immigration under one roof - Active community involvement enhancing brand credibility

Weaknesses / Considerations

- As a young firm (founded 2019), it lacks the decades‑long track record of larger advisory firms - Limited publicly available client testimonials or case studies - Small team may face capacity constraints during peak periods - No independent third‑party ratings or industry awards found

Key Products

  • Corporate Structuring & Formation

    Advising on legal entities, company registration in Cyprus and abroad, and drafting constitutional documents.

  • Company Management & Administration

    Ongoing corporate secretarial services, registered office, and board support.

  • Cyprus Substance Services

    Helping clients meet economic substance requirements under Cyprus tax law.

  • Banking Services

    Facilitating account openings, bank liaison, and payment infrastructure.

  • Tax & VAT Services

    Compliance, planning, and advisory on all direct and indirect taxes, including transfer pricing.

  • Intellectual Property Protection

    Registration, licensing, and monetisation of IP under Cyprus's IP box regime.

  • Property Management

    Managing commercial and residential real estate for international investors.

  • E‑Commerce & iGaming Services

    Licensing, substance, AML compliance, and regulatory guidance for online gambling operators.

  • Immigration & Business Relocation

    Work permits, residency visas, and investment programme assistance.

  • Financial Advisory & Payroll

    Financial modelling, valuations, outsourced payroll, and accounting.

  • Wills, Succession & Estate Management

    Cross‑border estate planning, wills, and succession documentation.

  • Financial Advisory Services

    M&A support, valuations, and business planning.

  • Corporate Structuring, Formation & Legal Advisory

    Advice on optimal legal structures, company registration, and corporate governance.

  • Banking & Finance Services

    Introduction to banks, loan facilitation, and account management.

  • Intellectual Property Protection Services

    Licensing, registration, and protection strategies.

  • Property Management Services

    Acquisition, management, and disposal of real estate.

  • Immigration & Business Relocation Services

    Work permits, residency, and citizenship‑by‑investment.

  • Payroll & Accounting

    Outsourced payroll, bookkeeping, and financial reporting.

  • Cyprus & International Companies Formation

    Incorporation of Cypriot and foreign entities, including SPVs, holding companies, and iGaming operating companies.

  • iGaming & E-Commerce Services

    Tailored advisory for online gaming operators: licensing support, corporate structuring, substance compliance, payment gateway facilitation, and regulatory liaison.

  • Substance Services

    Ensuring Cypriot companies meet EU and local economic substance requirements (physical office, local staff, board meetings).

  • Immigration & Relocation

    Work permits, residency applications (including Cyprus Permanent Residence by Investment), and relocation logistics for business owners and employees.

  • Financial Advisory

    M&A support, business valuation, financial modelling, and fundraising advisory.

Offices & Headcount

21 employees (approx.)

Key Persons

Exhibition History

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