Services


MultiBusiness Ltd provides a wide and comprehensive range of professional services to both local and international businesses to meet your company’s global business needs. Our firm is an assurance of the highest quality of service and through our professional team we offer the following services:

 

 

Audit and Assurance

Our firm is responsible for the preparation of audited financial statements in accordance with International Standards on Auditing  (ISAs) and is authorized by the Institute of Certified Public Accountants in Cyprus (ICPAC) to provide audit and assurance services.
Our audit department offers services that include:

  • Statutory audit of financial statements
  • Preparation of financial statements according to International Financial Reporting Standards (IFRSs)
  • Preparation of consolidated financial statements for groups of companies
  • Internal audit
  • Specific purpose audits and due diligence reports
  • Internal control reviews and design

As independent advisor our firm provides value added advice in every audit effort it undertakes and helps our customers achieve maximum shareholder value.

Accounting and VAT services

Our accounting department, using the latest technology and professional accounting programs ensures that all accounting records and reports are prepared in a timely and efficient manner, at a reasonable price for our clients.

Our accounting department offers the following accounting and VAT services:

  • Bookkeeping services  on a daily basis
  • Reconciling the bank balances monthly with the bank statements
  • Reconciliation of creditors balances with the creditors’ statements of account
  • Ageing analysis of debtors and preparation of debtors’ statements of account
  • Preparation of monthly, quarterly and/or annual management accounts
  • Preparation of budgets and cash flow forecasts
  • VAT registration
  • Preparation and submission of VAT returns
  • VAT planning, advice and  representation in negotiations with the VAT authorities
  • International VAT planning
  • Payroll services-Preparation of the business monthly payroll and submission of the relevant forms together with payments to Social Insurance and to the Income Tax Department.
  • Consultancy in designing and implementing accounting systems suitable for the client’s business and requirements.

We can also offer advice, training and support on the above services.

Tax services

Our experienced staff will help you to minimize your tax liability and make the best of any tax saving opportunities that may arise.
The tax department provides the following tax services:

Corporate Tax Services

  • Business tax advice and planning on capital gains tax and  income tax
  • Tax advice on strategic decisions such as mergers & acquisitions and group reorganizations
  • Assistance, preparation and submission of the required tax returns to the Inland Revenue
  • Liaising with the Inland Revenue on  behalf of our clients
  • Make appeals against tax assessments issued by Inland Revenue

Personal Tax Services

  • Personal tax advice and planning on capital gains tax and  income tax
  • Assistance, preparation and submission of the required tax returns to the Inland Revenue
  • Preparation and submission of capital statements
  • Liaising with the local tax authorities
  • Make appeals against tax assessments issued by Inland Revenue
  • 

International Tax Planning

  • Interaction of double tax treaties and local tax laws
  • Advice on international tax planning

We keep our clients informed on recent tax law changes and new planning ideas. Our firm has the experience and knowledge to advice and delivers the most favourable tax outcome to our clients.

Management Consultancy Services

Our management consultancy department assists our clients to maximize their profit potential and have the opportunity to gain competitive advantage to the market.

Our management consultancy services include the following:

  • Preparation of feasibility studies, marketing  and business plans
  • Strategic and business planning
  • Mergers and acquisitions consulting
  • Reorganization and restructuring consulting
  • Company valuations
  • Project appraisal
  • Design of costing systems
  • Cost management and expense reduction analysis
  • Establishment and evaluation of internal control systems
  • Business and share valuations
  • Advice on establishing companies
  • Pricing policy
  • Investment planning and appraisal
  • Working capital management
  • Human resource management
  • Budgets and cash flow statements
  • Investigations and due diligence reviews
  • Nominee services
  • Raising finance for your current and future operations in co-operation with Cyprus and foreign banks
  • Full company management.

Our firm provides practical and beneficial solutions and advice and works closely with its clients in order to achieve the maximum business results by saving costs and increasing productivity and profitability.

Government & EU Grants

Our firm can recommend Government & EU Grants which are suitable for each client in order to obtain funds that will assist their businesses. This includes:

  • Research on industry funding schemes
  • Preparation of necessary documentation
  • Follow up to obtaining funds

Corporate Services

Our firm through strategic alliances with leading law firms can provide:

  • Approval of company and business names
  • Company formation
  • Changes of shareholders, directors, register office etc.
  • Assisting with changes in the Company’s Memorandum & Articles of Association and it’s translation to other languages
  • Increase and reduction of share capital
  • Trade mark  and logo registration
  • Bank account opening, management and signatories
  • Trust formation and trustee services
  • Preparation of Minutes of directors and shareholders’ meetings
  • Provision of registered office, nominee shareholders, nominee directors and corporate secretary

Our firm works closely with its affiliates, provide its clients with a wide range of services and help them meet their needs.

Secretarial and Administration services

Our firm provides full range of secretarial and administration services in order business’s records be up to date and statutory documents be prepared and filed on time.

We offer the following secretarial and administration services:

  • Secretarial services on an annual basis
  • Recruiting local staff
  • Assisting with finding premises for office use and residence
  • Preparation, submission and filing of annual returns
  • Preparation of powers of attorney and commercial agreements
  • Maintaining shareholders registry
  • Handling correspondence
  • Managing of telephones, faxes and mail correspondence
  • Who we are

    Multibusiness Ltd provides a wide and comprehensive range of professional services to both local and international businesses to meet your company’s global business needs.
  • What we do

    Our firm gives to every client a high level of personal interest and attention through our professional staff.
  • Contact us

    Please feel free to contact us for more information