Elevate Finance
Accounting and Finance Solutions
Years of Experiences
ABOUT US
Your Trusted Partner in Accountancy and Finance
1. Customer Excellence. We strive for in-depth understanding of the needs of clients in order to propose the most appropriate solutions.
2. Integrity. Our staff work with the highest moral principles and are honest with our stakeholders – employees, associates and clients.
3. Quality. We continually train our human capital in order to provide the high quality and up to date service to clients.
4. Innovative. We are ready to learn new methods to differentiate our services and to diversify our clientele and our services.
Our Team
Relikor management carefully selects, trains and supervises staff in order to provide high quality professional services to clients in Cyprus and overseas.
Make a Call
+357 22025795
Tailored Financial Services for Your Business
Accounting & Book-keeping
Our team of experienced and qualified professionals can provide a wide range of accounting and book-keeping services needed to effectively control a local or an International Business Entity.
Payroll, Tax & VAT Submissions
We provide clients with fully managed payroll, tax and VAT submissions service. This service includes monthly administration
Tax & Corporate Restructuring
Cyprus has one of the lowest corporate tax rates in the EU and companies are allowed to use ‘notional interest deduction’ (NID).
Years of Experience
Projects
Our Staff
Our Clients
Faq Question
Accounting and Finance Solutions
WHY DO CLIENTS CHOOSE TO WORK WITH RELIKOR ?
HERE ARE 8 REASONS WHY TO CHOOSE RELIKOR:
1. Our experienced professionals provide expert advice on book-keeping, accounting, auditing, tax advisory and compliance.
2. Our firm has a proven track record of delivering high-quality services to clients across various industries.
3. We have deep understanding of the regulatory environment and help clients navigate complex regulations and compliance requirements.
4. We use the latest technology and software tools to ensure that clients receive efficient and affordable services.
5. Our staff are trained to provide high quality personalized services tailored to meet the needs of each client.
6. Over the years we have established a reputation for integrity, reliability and professionalism.
7. We provide ongoing support and guidance to clients throughout their engagement with our firm.
8. We are dedicated to building long-term relationships with clients based on trust and mutual respect.
WHY IS A SMALL AUDITING FIRM BETTER THAN A LARGE AUDITING FIRM?
Here are 5 main reasons:
1. Flexibility: Smaller firms have fewer staff, so they are more flexible to schedule tasks and are quicker to adapt to changes in the industry.
2. Cost-effectiveness: Smaller firms are more cost-effective due to lower overhead costs and more efficient work procedures.
3. Personalized Service: Smaller firms are closer to clients and offer a more personalized service.
4. More Focus: Smaller firms focus on individual client needs and provide more tailored services.
5. Faster Service. Smaller firms can complete audits in less time because they are more efficient and have less bureaucratic procedures.
SHOULD I DO BUSINESS AS A SOLE TRADER OR AS A LIMITED COMPANY?
To decide whether to trade as a Sole Trader or as Limited Company you must consider the below:
1. Size Turnover is more than EUR70,000 then a Company is usually more appropriate. Also if you have high value assets, then a Company is commonly more appropriate.
2. Risk exposure your business is exposed to. If following are valid, then to minimise your personal risk a Company is a better fit – have more than 5 employees – perform risky services (for example exposed to accidents or high professional exposure etc) – possibility of lawsuits – VAT and tax complications
3. Prestige It is more prestigious when you trade under a Company than as a person. You look more professional and bigger to your clients, prospects and creditors.
4. Other Factors All factors must be considered in combination and with the assistance of an experienced accountant the solution will be clear.
WHAT TYPES OF COMPANIES CAN BE SET UP IN CYPRUS ?
The following 3 types of companies can be set up in Cyprus:
1. Company Limited by Shares (LTD)
2. Company Limited by Guarantee
3. Public Limited Company (PLC)
ARE CYPRUS COMPANIES OBLIGED TO SUBMIT AUDITED FINANCIAL STATEMENTS EVERY YEAR?
YES. The income tax office requires all Cyprus companies to prepare and submit audited financial statements by a licensed auditor firm.
News from Our Accountants
Obligation To Declare Deemed Dividends For Profits Of Tax Year 2022
Cyprus companies with accounting profits for tax year 2022 must declare an appropriate amount of dividend to meet the 70% threshold of distributed profits on or before 31 December 2024. These provisions apply when the company has not distributed at least 70% of its...
Get In Touch
Reach Out to Our Accountant Experts
Phone
+357 22025795
info@relikor.com
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Address
City Business Centre, 27 Michalacopoulou Street, 1075 Nicosia, Cyprus