Accounting & Financial Reporting

In compliance with the legislation, Cyprus companies are required to maintain accounting books and records which give a true and fair view of the company’s financial position and of its profit or loss and prepare annually financial statements in accordance with IFRS as adopted by the European Union and the requirements of the Cyprus Companies Law.

Furthermore, following the Cyprus accession to the European Union, the application of the EU Directives and regulations has been transported into the national law. The Cyprus Companies Law requires entities to prepare financial statements in accordance with the EU-endorsed IFRS as per the Regulation.

Our qualified Accountants with a wide experience in the fields of Accounting, Auditing, Financial Reporting and Taxation are available to offer you high quality professional services including but not limited to:

  • Maintenance of computerized accounting books in any currency
  • Preparation of Financial Statements in accordance with the International Financial Reporting Standards (IFRS)
  • Preparation of Management Accounts
  • Budgeting & Forecasting
  • Preparation of other financial reports
  • Provision of accounting advice on various matters
  • VAT and VIES registration
  • Preparation and submission of VAT Returns and VIES
  • Preparation and submission of company and individual tax returns
  • Payroll Services

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