Statutory audits and assurance reviews that give stakeholders confidence in your numbers. We tailor this service to freelance software developers, tech startups and IT companies, who face specific issues such as ip box 2.5% effective tax, freelancer vs. company, vat on cross-border digital services. We work alongside the Cyprus Tax Department, Research and Innovation Foundation, Department of Registrar of Companies so your filings are accurate and on time.
What's included
- Statutory audit preparation
- Internal control reviews
- Agreed-upon procedures
- Due diligence support
Why freelance software developers, tech startups and IT companies choose us
- Specialist support with ip box 2.5% effective tax
- Specialist support with freelancer vs. company
- Specialist support with vat on cross-border digital services
- Specialist support with stock options and equity
- Specialist support with r&d cost tracking
Challenges you face, solutions we provide
Challenge: IP Box 2.5% effective tax
Our solution: IP Box eligibility assessed and nexus documentation kept current
Challenge: Freelancer vs. company
Our solution: Freelance vs. company comparison with real numbers before you switch
Challenge: VAT on cross-border digital services
Our solution: Reverse-charge and OSS VAT handled correctly on every cross-border invoice
Challenge: Stock options and equity
Our solution: Option schemes structured for the flat 8% regime with payroll reporting
Challenge: R&D cost tracking
Our solution: The 120% R&D super-deduction claimed with timesheet evidence
Frequently asked questions
- Do you offer audit & assurance for freelance software developers, tech startups and IT companies?
- Yes. Tsquared delivers audit & assurance specifically for freelance software developers, tech startups and IT companies across Cyprus, on a clear fixed-fee basis.
- Is an audit mandatory in Cyprus?
- Yes. Cyprus limited companies, including dormant ones in most cases, must have their annual financial statements audited.
Related guides
← All Software & Tech Developers resources · Audit & Assurance overview
