At C Accounting & Tax, both complex and simple accounting assignments are addressed ina proactive and highly accurate manner. We serve companies and organisations of all sizes,and across different sectors.Our accounting services are tailored to support both local and international companies, and include:
Digitised preparation and maintenance of proper books and records in every major currency
Preparation of periodic management accounts
Preparation of Trial Balance showing the amount of each Ledger Account
Preparation of Nominal Ledgers showing the movement of each ledger account
Monthly debtor / creditor reports and ageing analysis
Reconciliation and analysis of bank accounts
Conversion of accounts in accordance to IFRS standards
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
Financial reporting services at C Accounting & Tax cover all legal and regulatory requirements set by local and international authorities. Accordingly, the scope of services includes:
Preparation of Financial Statements in accordance with the International Financial Reporting Standards (IFRS) and the requirements of Cyprus Companies Law Cap.113
Preparation of interim Financial statements under IFRS
Preparation of Consolidated Financial Statements for groups of companies
IFRS Advisory
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
Cyprus is an attractive location to establish a business presence, for a diverse number of industries, such as the creation of IP holdings, research and development companies, shipping, creative industries and consultancy services, to name a few. It offers special tax regimes, both for personal and legal entities, resulting in efficient tax rates, in addition to legal protection by EU member states. With double tax treaties with over 65 countries around the globe, the island has established itself as one of the leading financial centres. This encompasses many opportunities, as well as challenges for effectively managing corporate and personal tax issues.
The C Accounting & Tax team works closely with clients to provide sound and proactive advice, to meet an array of goals. Tax services include:
Tax compliance services to ensure all statutory and tax filings are made
Tax planning
Obtaining Tax rulings from the Department of Taxation
Obtaining tax residence and clearance certificates
Tax investigations and dispute resolutions
Tax compliance services to ensure all statutory and tax filings are made
Preparation and assistance with computing income tax, inheritance tax, capital gains tax, and/or property tax
Tax investigations and dispute resolutions
Obtaining tax residence and clearance certificates
Other related services, available upon request
Increasing cross-border investment activities need to be very closely monitored and accounted for, so that businesses stay on track and minimise tax exposure. This also entails tapping into tax benefits. Services in international tax planning include:
Transfer pricing
DAC6 advisory and reporting
Efficient utilization of double tax treaties in international tax planning
Effective tax planning with respect to exit strategies and repatriation of funds
Country by country reporting
Other related services, based on a business’s requirements
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
C Accounting & Tax offers payroll services and management for clients retaining offices in Cyprus. The team ensures that all payroll activities are carried out based on the company’s requirements and legal framework, with utmost confidentiality. The scope of services includes:
Advisory/consultation, i.e., exemptions, deductions etc.
Registration of companies, self-employed individuals, employees, and others with the Department of Taxation and Social Insurance Department
Collection and processing of employees’ details
Ensuring monthly payment of salaries, taxes, and social insurance contributions
Preparation and dispatch of monthly pay slips
Preparation of relevant payroll reports
Preparation and submission of monthly and annual tax returns
Obtaining tax clearance and tax residency certificates
Preparation of Employers Return (TD7)
Other related services available upon request
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
In an ever-changing economic environment, businesses are faced with a plethora of challenges to sustain and increase their shareholder value. Whether these are financing tasks, cash flow management, budgeting or business planning, our team at C Accounting & Tax extends tailored advice, to identify and address these opportunities successfully.
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
C Accounting & Tax manages all VAT-related matters in Cyprus, including cross-border transactions.The process begins with the registration of companies, self-employed professionals, or other stakeholders with the VAT authorities in Cyprus. The scope of services includes:
VAT compliance services to ensure all statutory and tax filings are made
VAT reviews
Advice on various VAT treatments, both locally and internationally
Assistance on VAT recovery/refunds
Assisting with tax rulings
Maintaining VAT records
Preparation and submission of the VAT returns to the authorities
Payment of obligations to the VAT Office
Assistance on VAT recovery/refunds
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
Ever-changing economic environments and regulatory frameworks require the right partners for financial, accounting, and tax needs. As a member of C Business Advisors, C Accounting & Tax is dedicated to achieving optimal results for businesses of all sizes and across different sectors.
This commitment aligns with the values and vision of the C Business brand, ensuring a seamless integration of services and a unified approach to addressing our clients' needs.
At C Accounting & Tax, we believe in unity, to stand strong.Since its founding, C Accounting & Tax has established and bridged strategic connections with professionals and corporations across all business sectors. Our network extends from advocates and legal consultants, to brokers and investment professionals, and includes fund managers, insurance brokers and underwriters, as well as marketing and market research consultants. This extensive network is testament to the collaborative ethos of C Business Advisors, in fostering partnerships that enhance our ability to deliver exceptional service.
For more specific and thorough information please feel free to contact us at info@caccountingtax.com
