Liquidation vs Strike Off of Cyprus Companies - Short Overview Liquidation vs Strike Off of Cyprus Companies - Short Overview Kyriakos Tramountanellis x / Thursday, August 4, 2022 0 113 Article rating: No rating In this Article we are explaining the difference between Liquidation and Strike Off for Cyprus Companies. Read more
Reporting Deadlines for CIFs Reporting Deadlines for CIFs Kyriakos Tramountanellis x / Monday, August 1, 2022 0 73 Article rating: No rating In this article we share the Reporting deadline dates for CIFs. Read more
Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports Kyriakos Tramountanellis x / Monday, August 1, 2022 0 87 Article rating: No rating This article should be read in conjunction with the article "Cyprus Investment Firms - Changes to Capital Requirements and Reporting". Read more
6 Tips for a Successful Bank Account Opening Application 6 Tips for a Successful Bank Account Opening Application Kyriakos Tramountanellis x / Thursday, July 28, 2022 0 105 Article rating: No rating In our previous Article Opening a Bank Account in Cyprus we have explained the procedure and the documentation needed to open a bank account in Cyprus, below we are providing 6 tips to make the procedure easier and to avoid common mistakes. Read more
Cyprus Payroll - With Examples Cyprus Payroll - With Examples Kyriakos Tramountanellis x / Tuesday, July 19, 2022 0 253 Article rating: No rating Cyprus has an attractive payroll system with payroll tax consisting of PAYE tax (Pay As You Earn), Social Security Tax, and National Healthcare Tax (GESY). Read more
EXISTING CLIENT NOT HAVING EXPENSE INVOICES Share Written By CYAUSE LTD Tags accountant enquiryaccounting information missingbookkeeping evidencecyprus companyinaccurate recordsincomplete accounting recordsincomplete recordsinvoicesmissing book keepingmissing evidencemissing invoicespoor accounting 2024-04-01 Hi CYAUSE, Hope you are doing well! This week I am travelling to XXXX for a filming trip. I will need to withdraw cash to pay my guide and for other miscellaneous expenses. As xxxx is one of the poorest countries in the world, paying with card won't be possible for majority of purchases so I will need to be using cash and acquiring receipts will also be impossible mostly due to the infrastructure of the country. What do you think the best way to manage this for accounting purposes? Thank you, ---------------------------------- Dear Mr. XXX, Following your email please be informed that you can withdraw the amount you need but please make sure that you will keep every receipt/ invoice which you will have to send me in order to include them in the books. Thank you in advance, ------------------------------------ Hi CYAUSE, Thank you for your email. It is likely that I won't be able to get receipts for most transactions the cash is used for due to the reasons I mentioned in the previous email. Will this cause a problem? Thank you, ---------------------------- Dear Mr. XXX, You can keep notes if possible which you will have to send me via email (e.g. MZN - XXXX metical equals 100 on 03/06/2023 for transportation). I hope the above helps.