Audit Services

The purpose of an audit is to provide an objective independent examination of the financial statements, which increases the value and credibility of the financial statements produced by management, thus increase user confidence in the financial statement, reduce investor risk and consequently reduce the cost of capital.

Tax Services

CT AccounTrust constantly monitor any changes in tax legislation in order to be able to provide our clients with most appropriate guidance in order to take gain of all available tax benefits in order to minimize their tax liability.

Our main taxation services among others are the following:

–  Corporate and personal tax services, advice and planning.

–  Preparation, submission and agreement of tax returns with the commissioner of Inland Revenue.

–  Client representation before the Commissioner of Inland Revenue.

–  Capital gains tax services.

–  International tax advice.

–  Optimization of group structure tax planning.

–  Double tax treaty services

Financial services

Financial analysis provides and facilitate economic transactions, shows status of funds for businesses and individuals.

Payroll services

Why is a good Payroll system fundamental for your business?

A good Payroll system is important because of factors such as high employment turnover, constantly changing tax regulations, business growth and employee benefit tracking; all of which can cost significant time and money if processed internally. For many businesses, outsourced Payroll facilities can be the answer for a cost efficient and easy to use Payroll solution that is backed by quality assurance and control.

What are the potential issues that can arise from you not outsourcing your Payroll systems?

Strained employer-employee relationship

Accurate Payroll contributes to a healthy employer-employee rapport.

Low staff morale and reduced productivity

Reliable Payroll ensures team morale and productivity is not adversely affected.

Increased risk of non-compliance

Accurate Payroll ensures that employment tax regulations are met.

How can we help you?

Our Payroll Services are managed and provided by our team of chartered tax advisors & payroll specialists whom register your company with the appropriate tax authorities and ensure regulatory compliance as well as tailor Payroll solutions specifically to your requirements. By fully outsourcing your Payroll system to one of our payroll managers we can ensure that your employees are paid the correct amount on time.

Business Restructuring

Restructuring is the corporate management term for reorganizing a company’s legal, proprietary, operational or other structures to make it more profitable or better organized for its current needs. Our team in CT AccounTrust can offer the relevant services in this area according to the needs of each customer.

Social Insurance Contributions

Our company on behalf is arranging the payment of respective contribution of our clients.

“The Social Insurance Scheme is financed by contributions paid by the employers, the insured persons and the State as a percentage on the insurable earnings. … The employer is obliged to pay the contributions (his rate and the rate of the employee) to the Social Insurance Fund.”

Registration of new Companies

Our Company provides registration of any company in Cyprus and a large number of other services such as name change, change of company’s details, closing procedure, etc.