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A Cypriot certified Chartered Accountants and Registered Auditors firm is interested in outsourcing agreement for businesses relocating in Cyprus.

Summary

Profile Type
Business Offer
POD Reference
BOCY20230727003
Term of Validity
27 July 2023 - 26 July 2025
Company's Country
Cyprus
Type of partnership
Outsourcing agreement
Targeted Countries
All countries
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General information

Short Summary
A prestigious Chartered Accountants and Registered auditors’ firm in Cyprus, is offering its services to potentials partners in the framework of an outsourcing agreement. The company can assist other SMEs in relocating their offices to Cyprus to take advantage and absorb the island’s benefits.
Full Description
The company is registered since 2018 and located in Limassol, Cyprus. It is a Certified Chartered Accountants and Registered Auditors firm, regulated by ICPAC, offering a range of financial and business advisory services.

Over the past 20 years the company’s Directors acquired substantial knowledge and experience in the provision of external audit services, tax, accounting, and regulatory compliance having worked in a range of clients on a global geographical scale.

The company was formed with the objective of maximising the value clients receive from professional services which is achieved by:

• Understanding your needs and tailoring a made to measure solution;
• Maintaining quality, trust and integrity throughout our services;
• Offering our insights on ad-hoc industry wide solutions;

To achieve consistency in the quality of their services, the company’s culture and operations have been structured based on four distinctive values (i.e. Integrity, Quality, Trust and Adaptability”).

The company is offering its services in a form of an outsourcing agreement for business who might be interested in relocating in Cyprus.
Advantages and Innovations
The company offers tailor made solutions to various organisations relocating in Cyprus for various tax benefits such as:

1. The corporate tax rate is fixed at 12.5% and ranks among the “Lowest Corporate Tax Rates in the EU”
2. Intellectual Property incentive tax: 80% of profits subject to the regime are exempt from taxation. That is, at a corporate tax rate of 12.5%, this could result in an effective tax rate of only 2.5%.
3. 0% tax on sale of shares listed in various stock exchanges (provided your tax residence is Cyprus)
4. 0% on dividend income
5. 0% tax on inheritance, wealth, gifts
6. Income tax rebate of 50% for foreign professionals relocating to Cyprus when the employee’s salary starts at €55,000
7. Make yourself a Cyprus Tax resident and minimize your tax exposure on your worldwide income.
Stage of Development
Already on the market
Sustainable Development Goals
Goal 8: Decent Work and Economic GrowthGoal 17: Partnerships to achieve the GoalGoal 5: Gender Equality

Partner Sought

Expected Role of a Partner
The company is seeking valuable partners who aim at maximising their clients interest and benefits in terms of transforming their vision into a successful business and tax optimisation
Type and Size of Partner
SME 50 - 249SME 11-49SME <=10
Type of partnership
Outsourcing agreement

Dissemination

Market keywords
09002005 - Investment groups09002006 - Other finance, insurance and real estate09003007 - Other services (not elsewhere classified)09003005 - Consulting services
Targeted countries
All countries