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accounting

offshore-company

banking

tax-planning

  • Preparation of accounts
  • Preparation, management  and submission VAT and VIES
  • Statutory annual audit returns
  • Tax Returns
  • Payroll and Social Insurance
  • Planning advice
  • Cyprus Company Formation
  • Certification of Documents
  • Translation
  • Registered Office and Nominee Services
  • No visit to bank required
  • 100,000 Euro Deposit Protection
  • Debit cards, E-banking
  • SEPA, IBAN and SWIFT payments
  • Secretarial Services
  • Registered Office
  • Preparation and submission of annual returns
  • Advice & Consultation
Social Insurance
  • Registration for Social Insurance in Cyprus is required, if you are self-employed or receiving a salary in Cyprus, even if the salary is paid by an employer that is outside Cyprus
  • For recent residents in Cyprus, registration should be done within 90 days of moving to Cyprus
  • When you make payments to the Social Insurance Office, payments will include contributions to various funds, including; Social Insurance; Pension; Welfare, etc. Also, including contributions to the Holiday Fund
    • Holiday Fund: Each month, the employer pays one twelfth (1/12) of the annual holiday pay due to the employee, to the Social Insurance Office.  When the employee wants to go on holiday – the employee must apply to the Social Insurance office for their holiday pay – not from the employer.  Exclusion from this scheme can be applied for
Tax
  • Corporate tax rate is 12.5%
  • Tax is calculates on profits after allowable expenses
    • Income – Allowable expenses = Profit ( – Tax @ 12.5%)

 

VAT