Banking & Finance

Our banking and finance team can advise current or potential borrowers on domestic and international bank financing transactions in almost any industry and sector.

Our team offers its services in complex both local or international transactions and provide targeted advice having in mind anticipated issues and commercially-driven solutions, allowing the transaction to proceed in a solution minded method.

We are pleased to offer our clients a comprehensive range of banking and finance advise including but not limited to:

  • Asset Finance
  • Banking Loan Restructurings & insolvency
  • Real Estate Finance
  • Trade Finance
  • Financial advisory/Structuring
  • Acquisition Finance
  •  Feasibility Studies & Cash flows
  • Raising of Capital
  • Mergers & Acquisitions
  • Business Developing plans
  • Business turn arounds

Audit & Assurance


The company law is Cyprus requires every company incorporated in the Republic of Cyprus to submit annually to the Registrar Companies and the Inland Revenue its

financial statements prepared by licensed auditors eligible to perform statutory audits. Licensed auditors are regulated under the Companies Law and the assigned Regulated Bodies.

The firms experienced, well-educated and highly trained audit team will assess our client’s controls and develop an audit program that will ensure that appropriate attention is devoted to the most important areas, potential problems are promptly identified to guarantee the efficiency of financial reporting.

Our audit guarantees that our clients follow all applicable reporting standards (IRFSs) and provides a detailed and in-depth presentation of business financial statements to provide real value to our client’s business at a cost-effective way.

Our services include the following

  • Statutory audit of Financial statements prepared in accordance with International Financial Standards (IRFSs)
  • Financial and management audits with specific features and purposes
  • Audit Report in accordance with International Standards on Auditing (I.S.A)
  • Due Diligence
  • Business Fraud Investigations and Dispute Services
  • Preparation and analysis of financial statements to the directors and shareholders
  • Evaluation of opportunities and risks.
  • Internal controls system review
  • Management letter on weaknesses and suggested improvements
  • Companies Limited Reviews
  • Year and Planning

Internal Audit

Internal audit helps the organization to achieve its objectives by evaluating a systematic and methodical approach to its risk management processes, control and management of the entity and making proposals to strengthen.

The main objective of an internal audit is to verify and ensure that organisation's policies and procedure are followed and inform the top management about the gap in the policy compliance.

Regulated and public interest entities are obligated to maintain an effective audit function as an internal section of their internal control system.

Our experience team can provide the following:

  • Internal audit and special reports as required by law and regulations
  • Special investigations
  • Design and implementation of internal audit programs
  • Investigation of the internal audit functions and identify areas for improvement
  • Effectiveness and efficiency of operations
  • Compliance with laws and regulations

Local & International Taxation

Our firm's highly experience tax team with extensive knowledge of the tax law and tax environment works closely with our clients, individuals and companies, allowing

them to fully exploit and benefit from the numerous tax advances of the Cyprus tax system.

We can advise and assist you or your business on any tax related matters locally or Internationally and together we can develop a clear tax plan to ensure legal and regulatory compliance and at the same time minimizing tax liability.

Our services include the following:

Personal Tax Services:

  • Personal tax planning
  • Preparation and Review of tax computations and tax returns
  • Income tax and capital gains tax planning
  • Dealings with enquiries from the Inland Revenue Department

Corporate Tax Services Locally or Internationally

  • Preparation and review of tax provisions for financial statements
  • Preparation and review of tax computations and determining tax liabilities
  • Determining tax consequences of a specific transaction and advise on the proper tax treatment
  • Representing clients before tax authorities upon request
  • Corporate tax Planning
  • Tax structure optimization
  • Guidance on double tax treaties
  • Tax opinions on contracts and agreements

Accounting & VAT


Our firm offers a plethora of high quality and cost-effective accounting and reporting services to help clients to focus on what they do best, growing their business. We strongly believe that accurate and timely financial information is crucial to client’s management to make informed business decisions.

Our highly skilled and experienced accounting team, uses cutting edge technology and professional accounting programs, guarantees that our clients are administered in the most cost-effective way possible.

Our services include the following:

  • Bookkeeping of company transactions ( monthly, quarterly or annual basis)
  • Preparation of Management Accounts and presentation to the Management monthly, quarterly or yearly
  • Procedures for  submission of VIES returns
  • Budget preparation and reports that evaluate the actual performance of the company compare to the budget
  • Payroll Accounting Services
  • Invoicing Services
  • Preparation of Financial Statements according to International Financial Reporting standards
  • Training of client's staff in maintaining proper books and records
  • Supervision of clients accounting department
  • Assume the role of your accounting department


Value Added Tax (VAT) is imposed on the delivery of goods and services in Cyprus and on the acquisition or importation of goods from other European Member States. VAT laws and regulations are changing constantly, and this specific area of taxation is one of the most complex areas of taxation in the European Union. Heavy penalties and fines can be imposed if the VAT returns with the relevant authorities are not made correctly and in a timely manner.

Our VAT team which consists of experienced VAT specialists can assist and quite you through this complex procedure and insure that all obligations in this area are met in the most cost-efficient way:


  • Specific transactions VAT treatment
  • VAT reviews to recognise area of deficiencies and identify risks
  • Tax planning advise to optimize the overall Vat tax burden


  • VAT Registration
  • Preparation, review and submission of VAT returns
  • Maintenance of accurate and proper VAT records
  • Representations with tax authorities on VAT matters

Business Consulting

In today’s highly competitive business environment organizations must be able to adapt to business deviations and exploit new opportunities in order to maximize business performance and increase shareholders value.

Our senior advisory team offers a complete range of financial advisory services across various industries as follows:

  • Business and Financial Advisory Services
  • Business Advisory Services
  • Financial Advisory Services
  • Reorganizations
  • Valuation and Due Diligence of companies
  • Internal control organization
  • Business plans
  • Feasibility studies
  • Debt / equity restructurings
  • Market surveys and other specialized services
  • Company mergers and acquisitions
  • Preparation of sales contracts, rental agreements and other documents & Certifications
  • Personnel search and recruitment
  • Budget and cash flow preparation
  • Sale or acquisition of business and the related legal and financial due diligence
  • Financial model and capitals structures
  • Advise on efficient tax restructuring of groups

Corporate & Fiduciary Services

Our highly experienced personnel can undertake the incorporation and registration of your company locally or internationally. Currently, Cyprus has one of the lowest tax regimes in Europe and is an ideal International Financial Centre. Possessing in excess of 60 double tax treaties with countries around the world, Cyprus is an idyllic place to start, and grow, your business.

Our wide experience and network with reputable corporate service providers, as well as reputable law firms, guarantees the success of your business

Our services include the following:

  • Company Formation
  • Company Administration
  • Provision for Nominee Shareholders & Directors
  • Provision for Directors and Secretary
  • Provisions for Registered  Office
  • Assisting, opening and maintaining bank accounts
  • Trustee Services
  • Back office administration