Cyprus an International Business Center in Europe Cyprus an International Business Center in Europe Kyriakos Tramountanellis x / Tuesday, March 29, 2022 0 99 Article rating: No rating In this article, we provide a summary of the main factors which have contributed to the success of Cyprus as an International Business center. Read more
Opening a Bank Account in Cyprus Opening a Bank Account in Cyprus Kyriakos Tramountanellis x / Tuesday, March 29, 2022 0 107 Article rating: No rating Opening a Bank Account in Cyprus - Procedure 2022. This article informs about the necessary documents and information required for the opening of a bank account in Cyprus or elsewhere. Read more
Cyprus VAT Registration - Explained in Simple words Cyprus VAT Registration - Explained in Simple words Kyriakos Tramountanellis x / Monday, March 28, 2022 0 66 Article rating: No rating 1. The charge for our review of your accounting records every 6 months will be Euro 100 + VAT (in total Euro 200 + VAT for the whole year) Read more
Accounting services Accounting services Kyriakos Tramountanellis x / Monday, March 28, 2022 0 74 Article rating: No rating My name is xxx. I'm looking for an accountant(+law) to work with my company on Cyprus. I already have a registered company(2 years) with an accountant firm working with me, but thinking about replacing it with somebody else. Could you please tell what is your fees for: - Nominee Services (Director, Secretary and Office address) - Final report+audit + 1 interim report - Tax certificate + yearly migration services(visitors visa) Thank you! Read more
Questions for Opening a Branch Questions for Opening a Branch Kyriakos Tramountanellis x / Monday, March 28, 2022 0 75 Article rating: No rating Opening a Branch in Cyprus Questions from a Client Read more
VAT Registration Enquiry from Existing Client Share Written By CYAUSE LTD Tags 2024-03-03 Hello Mr. XXX, I hope you are well! Regarding the VAT registration of the company please be informed that we will have to register the company from June 2021 as you have exceeded the threshold of Euro 15,600 as per the relevant obligation. Due to the fact that the company did not proceed with the vat registration on time, you will have to pay penalties for late submissions ( less than Euro 1,000). Also because the company made sales to European countries (eg. Google - Ireland) we will have to submit every month the VIES declaration with which we state the EU sales that the company made for each month (we have included the penalties for these submissions in the above mentioned amount). As soon as the company is registered with the VAT we will be able to proceed with the accounting work (as we have to take into account the vat from the day of the registration) and from now on the company will be following all obligations regarding the Tax, VAT and VIES submissions and payments. Note for later stage: As soon as we complete the accounting work for 2021 you will have to pay the corporation tax for the year. Also until 31th of July you will have to pay an amount in advance for corporation tax of 2022 (I am mentioning this so you will keep it in mind. You do not have to do anything, we will let you know as soon as you have to proceed with the payment). Also attached you will find authorization to be signed so that we can proceed with the necessary actions. Thank you in advance,