If you manage a Cyprus subsidiary from abroad, you have probably experienced a Cyprus audit delay at some point. The financial year ends, the trial balance and supporting documents are sent to the auditor...

If however the structure is not simple, and for instance a group will apply for the licensing instead of a stand alone Cyprus Company (common practise), the complexities of the group will most likely increase.

In this short article we will demonstrate to you what the best route to contact your business is in Cyprus. We take into consideration tax savings and of course the legal protection of the owner of the Company.

The European Union has adopted restrictive measures against Russia in response to the ongoing geopolitical situation

At CYAUSE Audit Services, Cyprus member, we recognise that technological change is not a distant prospect, it is a present reality. For professional firms, the key challenge is not whether digital transformation...

I can not remember when the last time was there were such big developments in the Audit profession in Cyprus, besides of course the regular changes of the IFRs.

The recognition of provisions/ impairments of receivables should not be considered as a revaluation for the purposes of Deemed Dividend Distribution.

One of the most common questions we receive from clients of Corporate Services is: "Why has my company been charged a penalty for late filing, and whose fault is it?" It is a fair question.

Few weeks ago it was announced that some service providers in Cyprus and some physical persons have been assisting sanctioned persons bypassing them.

A statutory audit is a legal requirement for many Cyprus companies. But for companies with proper accounting departments, international groups with Cyprus subsidiaries, and management teams that rely on accurate...

Republic of Cyprus is an EU member since 2004 and year after year it attracts foreigners all around the world, from EU countries to America and Asia countries...

The Cyprus Parliament has approved the budget for 2011, which includes measures aimed at reducing the government deficit to 4 per cent of gross domestic product, in the context of a requirement under the EU excessive deficit procedure to bring it below the Eurozone limit of 3 per cent of gross domestic product by 2012.

Across the UK, EU and US, creators often face sudden account closures, payment disruptions, and ongoing compliance friction simply because of their industry.