Services
- Audit and assurance
- VAT related services
- Taxation and international tax planning
- Accounting
- Management consulting
- International Trusts
- International Business company services
Cyprus for Commercial reasons
- Membership of European Union as from 1 st May 2004
- Anonymity of the beneficial owners of a company
- High standard of banking system
- Freedom from exchange control
Cyprus for tax reasons
- The lowest tax system in the European Union at 10 % on taxable profits
- One of the most favorable Holding company jurisdiction(even a small holding of 1 % in foreign companies entitles the Cyprus Holding company to enjoy substantial tax benefits)
- Availability of Group losses relief without any time restrictions, under certain conditions
Accounting
We strongly believe that the provision of timely and accurate financial information is crucial for businesses in order to:
- Improve their control over their statutory reporting position
- Provide timely delivery of required information
- Avoid manual intervention & thus reducing the risk of errors (by using computerized accounting software)
- Improve transparency
- Maintain the required compliance with the local statutory demands
Services that we offer:
Through our well-trained and experienced associates we offer the following services:
- Bookkeeping using computerized accounting software
- Assistance in the setting up of computerized accounting systems at client's premises
- Training of staff in maintaining proper accounting records
- Payroll processing and administration
- General ledger & financial statements preparation
- Monthly, quarterly, six monthly and yearly financial reporting on company's performance for management purposes
- VAT bookkeeping
- Ageing analysis of debtors
- Preparation of debtors statements of account
- Bank reconciliation with the monthly bank statements
- Reconciliation of creditors balances with the creditors statements of account