Services

Our auditing professionals are trained to ensure high levels of integrity and audit quality providing the following related services:

• Statutory audit – we offer clients statutory audits in a satisfactory and flexible audit approach that fits each individual client’s requirements. Where appropriate, we make an assessment of the results and recommendations for improving operational efficiency and control.

• Non statutory audit – we offer clients assurance reports according to their needs and requirements.
• Internal controls reviews – we evaluate internal and other specialist control systems and report our conclusions to the management with suggestions for improvement.

We suggest tax efficient solutions to minimize tax liability and present tax saving opportunities on the following topics:

• Corporate tax – prepare and submit tax computation and tax returns, negotiate agreements with Inland Revenue, make appeals against tax assessments issued by Inland Revenue and offer tax planning advices.
• Individual tax – prepare and submit tax computation, tax returns and personal capital statements, offer tax planning and advice on income tax and capital gains tax, make appeals against tax assessments issued by Inland Revenue.
• International tax – arrange overseas operations, give advice on double tax treaties, specialized tax and tax law advice on any EU country, and efficient profit repatriation.

Through a methodical approach we carry out accounting and relating services:

• VAT – registrations, advise on maintenance of vat records, prepare and submit VAT returns, representation in negotiations with the VAT authorities, vat planning.
• Accounting – keep accounting records, give advice on the day to day accounting procedures, preparing appropriate reports for the management of each individual company.
• Payroll – advise on employment law, draft contracts of employment, deal with the Department of Social Insurance, performing registrations and monthly payments to the Social Insurance Department.

We possess the technical knowledge and expertise that is required to advise our clients on strategic issues. We can prepare Reports (cash flow, business plans, management accounts, forecasting, budgeting and costing, feasibility studies, marketing plans) and provide our clients with Reviews (financial review and performance appraisal, share evaluation, cost monitoring and controlling studies, financing and loans rescheduling, investment appraisal).

Through our external associates we can provide specialized services for Cyprus and EU Grants for small and medium sized businesses. Upon request, we can recommend grants which are suitable for each individual client and prepare all the necessary documents and information required for the application.

We provide all round services and advice to businesses on the following issues:

• Incorporation of local and international companies.
• Trust formation and administration of wealth during life or death.
• Provision of register office, nominee shareholders, nominee directors, corporate secretary.
• Opening of bank accounts, bank account management and bank signatories.
• Drafting of contracts and power of attorney.
• Notification to the Companies Registrar for changes in shareholders, directors, register office etc.
• Preparation and submission of annual returns.