Limassol: Cyprus's business and shipping hub, home to most fund managers, forex brokers and international relocations. We meet clients in person in Limassol or online, and handle every filing with the Cyprus Tax Department on your behalf.
Services for property developers and construction companies in Limassol
- 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 Limassol?
- Yes. We serve property developers and construction companies in Limassol with in-person and remote meetings and a dedicated accountant.
- How much does an accountant in Limassol cost?
- Fees depend on the size and complexity of your affairs. We give a fixed-fee proposal after a free 30-minute consultation.