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Author: Nadia

Case Study 3: Corporate Growth Assistance

A growing business with an in-house accounting team approached us with a pressing challenge: they were ready to scale but lacked the robust financial processes needed to support their ambitions. The client sought more than guidance; they wanted a partner who could enhance their internal capabilities.We worked closely with their accounting team, delivering tailored training sessions on best practices in financial management and reporting. Simultaneously, we established robust processes for financial reporting, ensuring their data was accurate and actionable.The impact was...

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Case Study 2: E-Commerce Simplification

An ambitious e-commerce entrepreneur found their business thriving across multiple platforms, but success brought complexity. Managing revenue streams from various sources and ensuring VAT compliance became a time-consuming challenge. They needed a solution that would simplify their processes and enable them to focus on growth.That’s where we came in. We began by centralizing all their revenue streams into a single, unified accounting system, giving them a clear and comprehensive view of their financial health. Next, we implemented automated VAT compliance systems, ensuring accuracy...

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Case Study 1: SaaS Company Success

A start-up SaaS company with immense potential faced a critical hurdle: establishing a compliant IP structure to safeguard its assets and optimize its tax strategy. The founders, brimming with innovation, sought not just a traditional accountant but a tech-savvy partner who could navigate the complexities of the Cyprus IP Box regime.Our team stepped in, bringing a unique blend of expertise and technology to the table. We carefully structured their company under the IP Box regime, unlocking significant tax benefits. To ensure seamless operations, we integrated a customized cloud...

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An Overview of the Cyprus VAT system

If you own a business in Cyprus and need a brief, easy-to-follow guide on navigating the VAT system, you’ve come to the right place.Our comprehensive guide covers all the essential Cyprus VAT rules, including VAT registration and submission. Updated for the 2022 tax laws, this guide applies to tax years ending 31 December 2022, ensuring you’re informed with the latest regulations.IntroductionWelcome to our guide on the Cyprus Value Added Tax (VAT) system, regulations, rates, and the newly implemented in 2022 by the Cyprus Tax Authorities. As a leading provider of...

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Understanding Cyprus’ General Health Care System (GHS)

The General Healthcare System (“GHS”) is introduced in Cyprus during 2019 with the objective to transform the existing public healthcare system. The Healthcare Insurance Organization’s vision is, through the implementation of the GHS, for every Cypriot citizen to enjoy lifelong, equal and unhindered access to high quality healthcare services.The GHS Fund revenues will come from contributions, co-payments, personal contributions, donations and legacies, income from assets of the HIO and any other income accrued from the activities of the HIO. The main finance will come through...

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