Our Services

With our team, we are pleased to provide you the exhaustive list of corporate services for Cyprus jurisdiction and not only that. Having entrusted the service provision to us, you will enjoy our full commitment and dedication.

The standard set of services in our offer is as follows:

  1. Incorporation and corporate administration services
  2. Bank accounts
  3. “Substance” and local presence
  4. Accounting / Audit
  5. Legal support and litigation
  6. Investments in real estate

 

  1. Incorporation and corporate administration services

Our incorporation and corporate administration services include all services that encompass the process of company administration – from company registration to continuous administrative and legal support. Our core specialization is administration of companies registered in Cyprus; however, we can also assist you with various other jurisdictions, e.g. Hong Kong, Singapore, UK, BVI, Seychelles, Panama, Belize and others.

 

To give you an example, some of the usually requested services that we provide are:

  • Company incorporation;
  • Provision of nominee directors, shareholders, secretaries;
  • Preparation, requests and delivery of required corporate documentation (e.g. Board minutes, resolutions, Registrar certificates, etc.);
  • Assistance with office arrangements for the company;
  • Assistance with hiring personnel;
  • Implementation of corporate changes, e.g. changes in structures of directors and shareholders, changes in company’s share capital, capitalization of assets in company’s share capital, etc.;
  • Signing of documents as directors on behalf of the client;
  • Certifying documents with apostille and so on.

 

  1. Bank accounts

Having a bank account is a must for a company if it plans to make or / and receive payments.

 

In general, we can help clients open bank accounts in various countries, including Cyprus and other European and non-European jurisdictions. Additionally, our services include:

  • Effecting bank payments on behalf of the client;
  • Assisting client in going through the bank’s review process;
  • Day-to-day negotiations with banks in solving specific clients’ requests.

 

  1. “Substance” and local presence

Nowadays, owners of foreign companies feel lots of pressure from various sources. Specifically, if we talk about non-Cyprus residents owning Cyprus-registered companies, the main pressure comes from two sources:

  • Pressure from authorities (mainly tax authorities) of the country in which the ultimate beneficial owner is a tax resident. This pressure makes it necessary for the client to make steps in showing that the Cyprus company is actually managed and controlled by management residing in Cyprus.
  • Pressure from banks that now often require the company to have physical presence in Cyprus, meaning having an acquired or rented office and officially registered employees (at least one).

 

With this regard, we are more than willing to help our clients to create “substance” and arrange for local presence via the following services:

  • Renting and administering an office for the client and making it ready for work if needed;
  • Hiring an employee for the company (including preparation of employment contract and company registration for social insurance);
  • Preparing and filing monthly and yearly social and income tax reports;
  • Arrangements for clients as individuals in obtaining tax residency in Cyprus.

 

  1. Accounting / Audit

Due to the fact that Cyprus legislation requires statutory audits to be prepared for companies on yearly basis, all our clients need this service to be provided. Often, the financial statements and audit must be prepared as soon as possible due to current legislative and banks’ requirements.

 

It is our approach to assist our clients in effecting audits in a timely manner in order to satisfy their needs best. We are ready to participate in the audit of other companies, who are not our clients and who are not satisfied with their current level of service. Specifically, we provide the following services to our clients:

  • Book-keeping, accounting, preparation of financial statements and management accounts;
  • Statutory and non-statutory audits;
  • Preparing and filing corporation tax returns;
  • Payroll accounting;
  • Registration of companies for VAT and VIES;
  • Preparation and filing VAT and VIES returns;
  • Tax planning and consulting,
  • Representing the client in the tax review process (conducted by the Tax Authorities);
  • Obtaining tax rulings when required.

 

  1. Legal support and litigation

As all corporate matters are subject to local legislation, there is always a requirement for legal support and consulting. Our corporate and litigation lawyers will do their best for you to get the maximum benefit out of their involvement. They are ready to help you in:

  • Consulting on any matters of corporate law;
  • Dealing with litigation matters;
  • Solving any other legal matters based on request.

 

  1. Investing in real estate in Cyprus

Investment in real estate in Cyprus today is a good opportunity to acquire a high-quality object in the resort with excellent infrastructure and climate. As the prices, as well as rents, for real estate in Cyprus keep growing, making an investment now could be a good strategic decision. We will gladly help you make a good choice!