Accounting - Audit Cyprus

e individuals with extensive experience more than fifteen years in the Cypriot and International financial environment can ensure success to any undertaken task given by the customers. DJC Limited also through its legal consultants network offers administration and formation of companies services.

- AUDIT AND ASSURANCE
The cornerstone of our audit system approach is the understanding of each audit engagement or each client’s business characteristics. Having always in mind the uniqueness of each engagement and be flexible to carry out alternative audit procedures saving time from our client without jeopardizing the high quality standard of our audit work. Based on the complexity of the client’s transactions/activities, our firm selects and engages an experienced team to carry out the audit work timely and efficiently. The audit work will at least be reviewed by two directors of our firm to secure quality and compliance with the International Auditing and Financial Reporting Standards. D.J.C.’s prime goal is year in year out becoming more flexible and efficient therefore from January 2011 our Company introduced paperless audit procedure saving money from archiving, investing in high caliber personnel and high tech information systems. Results from the audit process will be discussed in person with the client at the final meeting and on ongoing basis.

- INTERNATIONAL BUSINESS SERVICES (IBS)
Cyprus is considered one of the most competitive jurisdiction in Europe and internationally. Our services include:
Serving and assistaning for the registration of an International Business Company in Cyprus
Services and assistance for the registration of an International Trust
Application for all necessary licenses from Government Authorities
Opening of Bank Accounts
Nominee Services
Secretarial Services
Registered office and mailing services
Assistance in finding suitable office space and equipment
Human resources services
Assistance in finding suitable business partners in Cyprus
Accounting and management services
Tax planning services
Audit services

-CONSULTANCY
Preparation of feasibility studies for new projects or products. Assisting on the preparation of information Memorandum or Prospectus for Cypriot Companies wishing to get listed. Assisting in evaluation of turnkey projects.

- BOOK-KEEPING AND ACCOUNTING
Our experienced accounting department, using cutting edge technology and professional accounting programs, ensures that our clients are administered in the most effective way. Bookkeeping services include amongst others: payroll maintenance, arrangement of payment of social insurance and PAYE, reporting of trade debtors aging analysis, ad hoc reports and preparation of management accounts quarterly if requested. Administration and submission of VAT forms quarterly and VIES forms monthly. Accounting department is independent from Audit and Assurance department safeguarding high quality, by being reviewed and audited by a segregated department.

-TAXATION
Our tax department aims to tax optimization within the client’s group of companies. All audited financial statements are being reviewed by our tax director in order to be able and report on the compliance of the disclosures dictated in the Income tax Law and file statutory form. Our firm’s expertise covers Cypriot Corporate tax, personal income tax, and vat. Our tax department is able to assist Cypriot Companies involved in International tax planning to obtain tax ruling before starting business, evaluation of various tax scenarios outcome, advice on possible disposals of immovable properties or possible reorganization of the group companies.