Accounting and bookkeeping Services

Our Accounting Services include tax preparation and consultation, tracking expenses and revenues by using efficient recordkeeping practices and specialized accounting software. Recordkeeping covers billing records, taxes, bank reconciliations, customers and suppliers’ records and reconciliations, general ledger, and payroll records based on periods of time. All of this falls under accounting, but we can offer much more financial guidance than someone whose role falls entirely under bookkeeping or recordkeeping. Beyond taxes and records, we advise our clients on their business by identifying areas that negatively affect their profitability and growth.

Auditing & Assurance

Annual statutory audit remains a fundamental requirement for Cyprus registered companies. In our team we believe that every audit should be effective and efficient and managed by experienced professionals who possess the skills and knowledge required to provide meaningful audit reports. The primary takeaway when considering the benefits of auditing a small business is that audits provide your business with a tool that can be used to run a company in the most efficient manner possible to you. Our audit team offers a full range of financial reporting, including audits, reviews, and agreed-upon procedures.

Self Security

Our companies tax compliance services include:

• Preparation and filling Company tax return (IR4).
• Preparation and filling Employer tax return (IR7).
• Preparation and filling Defence Returns (Rents, Interest, Dividends).
• Preparation and filling of declarations of Dividends and Dividend Distribution.
• Preparation and submission of Temporary Tax Returns.
• Assistance with the preparation and filling of PAYE computations.

Our personal tax compliance services include:

• Preparation and filling of personal income tax returns (IR1)
• Preparation and filling Employer tax return (IR7)
• Preparation and filling Defence Returns (Rents, Interest)
• Assistance with all personal compliance matters with the Cyprus Tax Authorities
• Preparation and submission of Temporary Tax Returns
• Assistance with the preparation and filling of PAYE computations
• Checking, reviewing and/or objecting to assessments issued by the Cyprus Tax Authorities

Payroll & Social Insurance Services

1. Processing of monthly payrolls
2. Calculation of all aspects of PAYE Tax and Social Insurance contributions
3. Payment of monthly Tax and Social Insurance contributions
4. Preparation of pay slips
5. Registration of employers, employees, self-employees to the social insurance departments.
6. Preparation and submission of annual appeal for self-employees
7. Assistance with applications regarding registrations, benefits or grants.

Business consultancy

Perhaps the most useful way of analysing the process of our services is by considering the importance of their implementation by giving a solution to a problem. Giving a good consultation means having a good connection between two or more parties and this is our “deepest purpose”. We try to turn numbers into “tangible assets” and graphs and figures into meaningful words so everyone of our customers realize the importance of having a good partner.