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Tsquared Services

Property Developers · Paphos

Property Developers Accountants in Paphos

Tsquared is an accounting firm serving property developers and construction companies in Paphos, Cyprus. Tsquared provides Cyprus property developers with project-based accounting, VAT recovery, cash-flow forecasting and audit support so every development stays profitable and bankable.

Paphos: A popular base for retirees, holiday-home owners and boutique property developers. We meet clients in person in Paphos or online, and handle every filing with the Cyprus Tax Department on your behalf.

Services for property developers and construction companies in Paphos

  • 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 Paphos?
Yes. We serve property developers and construction companies in Paphos with in-person and remote meetings and a dedicated accountant.
How much does an accountant in Paphos cost?
Fees depend on the size and complexity of your affairs. We give a fixed-fee proposal after a free 30-minute consultation.

Related guides

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