Our Firm specializes in providing top-notch accounting services to businesses across various industries. With a keen focus on accounting services, we offer comprehensive solutions to streamline financial processes, ensure accurate record-keeping, and maximize tax efficiency. Our experienced team of professionals is dedicated to delivering customized accounting services that meet the unique needs of each client, helping them achieve financial stability and growth. Trust us to handle your accounting needs while you concentrate on driving your business forward. Our comprehensive accounting services include:
Maintenance of Computerized Accounting Records: Ensuring accurate and organized financial data.
Posting of Transactions: Recording all financial transactions with precision.
Maintenance of General Ledger: Keeping the primary accounting record up-to-date.
Preparation of Bank Reconciliations: Verifying the accuracy of bank statements and corresponding records.
Debtors and Creditors Reconciliations: Ensuring all accounts receivable and payable are accurately recorded and reconciled.
Budgets and Performance Monitoring Reports: Developing budgets and generating reports to monitor actual performance against projected figures.
Preparation of Trial Balance and Financial Statements: Compiling financial data into a trial balance and crafting comprehensive financial statements.
VAT Advisory Services: In the complex world of VAT, taking specialist advice is paramount. Our expert vat advisory services ensure that your business receives the right guidance from the outset, minimising exposure to VAT risk and ensuring compliance with relevant laws. Time and money are invaluable resources, and our forward-thinking approach aims to save both for your business, reducing the risk of penalties for non-compliance and minimising unnecessary VAT costs.
VAT Accounting Procedures: As VAT is imbedded in various business processes, our services extend to optimising VAT accounting procedures. We ensure that your business has robust VAT accounting processes and written procedures which manage VAT risk, minimising disruptions, and maximising efficiency.
VAT returns: In compliance with the Cypriot VAT rates and the EU Directives (13th Directive (69/59/EEC) our portfolio accountants will do enhance checks of your VAT refund and we take all the required steps and actions by law to apply and claim back your VAT.
VAT Compliance Services: Our VAT compliance service offers the preparation and filing of global VAT returns and associated declarations. Our unique selling point is our focus on ensuring the transactions being reported on your VAT returns have been treated correctly for VAT purposes – we do not simply process data you provided. This helps minimise the risk of errors and penalties.
OSS & IOSS Services: We’ll need to know all about your business: where you’re based, what you sell and where your customers are.If they will find that your company must apply for OSS / IOSS number then we prepare and submit the required forms and documents with immediate effect to the VAT department to avoid any legal matters with the Authorities.
Deregistration from VAT: we advise the clients about the required steps that must be followed and then we asked from them to provide us with the required supporting documents and proofs for the preparation, submission and completion of the application to the VAT office for the de-registration of the applicant from the VAT.
We can assist you with corporate tax compliance, accounting and documentation.We’ll take the time to understand your process, tax data, organisational tax structure and tax strategy, and work with you to address your specific challenges around the corporate tax compliance process. We can help and guide you with the following:
Corporate Tax Compliance
Personal Tax Compliance
Taxation is vital to the legality, smooth running, and viability of companies. Whether a conglomerate, or merely a company that has just set up business, choosing the most appropriate tax structure is vital for your business.
Cyprus Tax Planning:
The Cypriot tax regime is one of the most friendly and advantageous tax schemes in Europe; corporate tax is currently at 12,5%, capital tax is at 0%, non-domiciled individuals are taxed at 0%, and Cyprus is a party to multiple Double-Tax treaties.
The Cyprus Tax regime thus renders Cyprus one of the most attractive destinations for carrying out business.
Our expert lawyers specialize in tax matters, offering comprehensive guidance for planning purposes. With deep knowledge of the Cypriot tax regime, we strive to maximize our clients’ tax benefits aligned with their business goals.
We understand our clients’ diverse needs and provide top-quality Tax Planning advice by partnering with experienced professionals who excel in various areas beyond the legal domain.
Our Tax Planning advisory services include a range of matters:
Accounting Services
Representation in Tax disputes
Incorporation of Legal Entities
Establishment of subsidiaries and branches
Advice on appropriate corporate structure and potential adjustments
Advice on impending tax changes and measures that need to be taken accordingly
Advice on the appropriate vehicle and tax scheme for your business and business needs
Obtainment of Tax domicile status and obtainment of relevant exemptions and deductions
International Tax Planning
Taxation and the legal and regulatory regime governing taxes is complex, it is continuously under review, and subject to change. Tax matters are crucial for international business ventures, including projects like Mergers and Acquisitions, Company Group Structuring, and International operations. Our team of expert Taxation lawyers is here to advise you appropriately to achieve the minimization of your businesses’ tax burden, maximization of your profits, and adherence to international tax regulations. Our tax experts can help you with International Tax Planning in the following ways:
International Tax Planning Advice
We can assist you with identifying efficient tax-structuring routes for you to reach your business objectives, maximize your profits and manage and reduce your tax liabilities. Beyond business structures, we can also advise you on single projects or transactions, and the taxation elements contained therein.
Value Added Tax (VAT) and other Accounting advice
Our Firm can also provide you with VAT advice, and other accounting advice in relation to your international business ventures.
Corporate Structuring and Restructuring
Tax Planning in cross-border structures, mergers and acquisitions etc., is a vital aspect of effective business planning. Our team possesses the know-how and is apt to provide expert practical advice on corporate tax.
Advice on interpreting and implementing Double Tax Treaties
We will explain and advise you on the implementation of international obligations under Double Tax Treaties, your liabilities thereunder, and measures for tax minimization.
Tax Disputes
Our experienced team of lawyers has a long record of successfully representing clients in International Tax disputes, and is here to help you solve any dispute you may be involved in.
Financial Services & Regulation
Cyprus Immigration Law
