Accounting and VAT services
- Maintain the accounting records of the company
- Cyprus vat registration – preparation and submission of vat returns
- Prepare management accounts and the financial statements according to international standards
- Financial reporting standards
Audit and tax compliance services
- Statutory audit of annual financial statements for submission to authorities, specific purpose audits and investigations
- Internal audit function, assessing the accounting and internal controls system of a business
- Prepare tax computations, preparation and filing of tax returns
Management and administration
We assist with the management and administration of international companies and provide company services that are designed to guide and support the daily running of your business.
Our services include:
- Business operational services, tailored to clients’ requirements
- Provision of full or partial nominee structure, including shareholders, directors, secretary and legal address
- Invoicing, payroll solutions and management
- Mail handling on behalf of the clients
Banking services
We are the single point of contact for all your banking requests, in various European, Middle East, Southeast Asia and Caribbean countries. Banking services include:
- Introductions to top ranked banks in various jurisdictions (EU and offshore jurisdictions)
- Opening of corporate and personal accounts
- Processing, coordinating and tracking money transfers and the follow up
- Assistance with arranging credit and debit cards and on-line banking services
Attractive Tax System Corporate Tax
- 12.5% corporate tax rate
- EU & OECD Compliant / Access to EU directives
- Dividend participation exemption
- No tax on profits from disposal of securities
- No withholding taxes
- No tax on capital gains under conditions
- Notional Interest Deduction (NID) on investment in Cypriot companies
- Attractive IP Regime
Income tax for new residents
- Income more than €100K/year
- Exemption from personal income tax of 50% for new residents
- Applies for the first 10 years of employment in Cyprus
Income less than €100K/year - Exemption from personal income tax of 20%, up to a maximum of €8.550 per annum for 10 years
Investor’s tax benefits - Non-domiciled individuals who are tax residents of Cyprus are not taxed on passive income for income tax or defence tax in the form of dividends and interest.
