All companies registered in Cyprus are required by Law to prepare audited financial statements that are based on International Financial Reporting Standards. We undertake the preparation of these financial statements as well as separate and consolidated financial statements of holding companies where needed.
Through our local payroll software we undertake the preparation of the payroll from small to large size companies. This includes the registration and deregistration of employees to the Social Insurance Department and the Tax department, computing the relevant contributions and PAYE amounts that need to be made.
Our firm can undertake to prepare the bookkeeping for any client by entering the client’s transactions on our computerized bookkeeping software programme. Additionally we can prepare management accounts and financial statements annually but also at intervals requested by clients.
We provide full tax services that are related to both Companies and Individuals in Cyprus. This includes the registration and the deregistration to the tax authorities as well as arranging for the yearly submission of the required tax forms and completing and submitting any other tax forms that are required from time to time by each tax payer in Cyprus.
We can undertake the registration of the company with the VAT department and the preparation of quarterly or annual VAT declaration forms as well as monthly declarations of VIES and Intrastat VAT forms where required.
We undertake the preparation of feasibility studies, budgets and cash flow statements. We also can provide services relating to mergers and acquisitions, review and report on internal control systems and also prepare due diligent reports where needed.
Athos Kakofengitis BSc (Hons), Econ., FCA
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The information given on this web-page is correct at the time of preparation. The details given are for information only, and we accept no responsibility and/or liability whatsoever to anybody acting on this information.
SCI Kakofengitis & Co. Limited
4 Zinas Kanther Street 3035 Limassol
Telephone: +357 25 340930
Facsimile: +357 25 342484