Famagusta (Ayia Napa & Protaras): A tourism-led district with strong short-let property and hospitality activity. We meet clients in person in Famagusta (Ayia Napa & Protaras) or online, and handle every filing with the Cyprus Tax Department on your behalf.
Services for property developers and construction companies in Famagusta (Ayia Napa & Protaras)
- Tax Planning & Preparation
- Bookkeeping & Accounting
- Payroll Management
- Financial Consulting & Advisory
- Audit & Assurance
Common challenges we handle
- Project cost tracking
- VAT recovery and reverse charge
- Off-plan sale revenue recognition
- Bank and investor reporting
- Contractor payments and withholding
Challenges you face, solutions we provide
Challenge: Project cost tracking
Our solution: Per-project cost centres with monthly cost-to-complete and margin reporting
Challenge: VAT recovery and reverse charge
Our solution: Reverse-charge VAT applied to every subcontractor invoice so penalties are avoided
Challenge: Off-plan sale revenue recognition
Our solution: IFRS 15 revenue recognition reviewed contract by contract and aligned with tax
Challenge: Bank and investor reporting
Our solution: Lender and investor reporting packs prepared accurately, every quarter
Challenge: Contractor payments and withholding
Our solution: Subcontractor vetting, retention accounting and Social Insurance compliance handled
Frequently asked questions
- Do you have accountants for property developers and construction companies in Famagusta (Ayia Napa & Protaras)?
- Yes. We serve property developers and construction companies in Famagusta (Ayia Napa & Protaras) with in-person and remote meetings and a dedicated accountant.
- How much does an accountant in Famagusta (Ayia Napa & Protaras) cost?
- Fees depend on the size and complexity of your affairs. We give a fixed-fee proposal after a free 30-minute consultation.