CyAuSe - Cyprus Audit Services Ltd - by Kyriakos Tramountanellis

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CyAuSe - Cyprus Audit Services Ltd - by Kyriakos Tramountanellis CYAUSE Audit Services Ltd is an independent professional firm of Chartered Accountants that is based

The Company is a practicing member of the Institute of Chartered Accountants in England and Wales (ICAEW), The Institute of Chartered Certified Accounts (ACCA) and the Institute of Certified Public Accountants in Cyprus (ICPAC). Whether you are a sole practitioner, a company or a group of Companies you should always liaise with the right professionals who will add value to your business.

๐‚๐ž๐ฅ๐ž๐›๐ซ๐š๐ญ๐ข๐ง๐  ๐๐ž๐ฑ๐ญ-๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ: ๐‚๐ก๐ซ๐ข๐ฌ๐ญ๐จ๐๐จ๐ฎ๐ฅ๐จ๐ฌ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐๐ž๐ฌ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž๐ฌ ๐๐Š๐‘ ๐˜๐จ๐ฎ๐ง๐  ๐‹๐ž๐š๐๐ž๐ซ๐ฌ ๐๐ซ๐จ๐ ๐ซ๐š๐ฆWe are proud to cel...
15/07/2026

๐‚๐ž๐ฅ๐ž๐›๐ซ๐š๐ญ๐ข๐ง๐  ๐๐ž๐ฑ๐ญ-๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ: ๐‚๐ก๐ซ๐ข๐ฌ๐ญ๐จ๐๐จ๐ฎ๐ฅ๐จ๐ฌ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐๐ž๐ฌ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž๐ฌ ๐๐Š๐‘ ๐˜๐จ๐ฎ๐ง๐  ๐‹๐ž๐š๐๐ž๐ซ๐ฌ ๐๐ซ๐จ๐ ๐ซ๐š๐ฆ

We are proud to celebrate the graduation of Christodoulos Philippides, Lead Manager at CYAUSE Audit Services, from the prestigious two year BKR International Young Leaders Program.

This rigorous global initiative equips top tier professional talents with the advanced advisory and leadership skills necessary to navigate today's complex international compliance and accounting landscapes. Having our team members complete this world class training directly enhances the high quality corporate and audit support we provide to businesses and international investors in Cyprus.

Read here: https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/ArtMID/2761/ArticleID/1061/preview/true/Nurturing-Global-Talents

๐“๐ก๐ž ๐”๐€๐„ ๐…๐“๐€ ๐ฃ๐ฎ๐ฌ๐ญ ๐ˆ๐ฌ๐ฌ๐ฎ๐ž๐ ๐š ๐Œ๐š๐ฃ๐จ๐ซ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐“๐š๐ฑ ๐”๐ฉ๐๐š๐ญ๐ž.The Federal Tax Authority has announced it expects up to 91,000 bus...
01/07/2026

๐“๐ก๐ž ๐”๐€๐„ ๐…๐“๐€ ๐ฃ๐ฎ๐ฌ๐ญ ๐ˆ๐ฌ๐ฌ๐ฎ๐ž๐ ๐š ๐Œ๐š๐ฃ๐จ๐ซ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐“๐š๐ฑ ๐”๐ฉ๐๐š๐ญ๐ž.

The Federal Tax Authority has announced it expects up to 91,000 businesses to benefit from its Corporate Tax Late Registration Penalty Waiver Initiative. This is a significant relief measure for companies that missed their CT registration deadlines.

If you haven't registered for Corporate Tax yet, now is the time to act. Key things to know:

โ€ข The penalty waiver applies to businesses that registered late for Corporate Tax
โ€ข The FTA has also announced updated administrative penalties for tax legislation violations, now in force
โ€ข Market inspections are intensifying โ€” the FTA conducted 176,000 visits in 2025, up 89% year-on-year
โ€ข VAT return filing deadline is 29 June 2026 โ€” do not miss it

The FTA is clearly stepping up enforcement while also offering businesses a window to regularise their position. At Berkley, we work with businesses across the UAE to ensure full tax compliance, from Corporate Tax registration and filing to VAT returns and penalty resolution.

Don't wait until the FTA knocks on your door. Let's get your tax affairs in order today.

Berkley Ltd is a regulated audit & assurance firm in ADGM performing statutory engagements to its UAE clients. For assistance, feel free to enquire at [email protected]

๐๐ข๐ญ๐Ÿ๐š๐ฅ๐ฅ๐ฌ ๐ข๐ง ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐‘๐ž๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง: ๐€ ๐‚๐š๐ฌ๐ž ๐’๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐‚๐ฒ๐ฉ๐ซ๐ฎ๐ฌ ๐๐‚๐’ ๐๐ž๐ซ๐ฆ๐ข๐ญ๐ฌSetting up a company in Cyprus under the Business Co...
18/06/2026

๐๐ข๐ญ๐Ÿ๐š๐ฅ๐ฅ๐ฌ ๐ข๐ง ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐‘๐ž๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง: ๐€ ๐‚๐š๐ฌ๐ž ๐’๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐‚๐ฒ๐ฉ๐ซ๐ฎ๐ฌ ๐๐‚๐’ ๐๐ž๐ซ๐ฆ๐ข๐ญ๐ฌ

Setting up a company in Cyprus under the Business Companies of Foreign Interest (BCS) framework is one of the most powerful corporate structuring tools availableโ€”but a single mistake in your immigration architecture can stall your business and jeopardize your residency.

Many non-EU founders face hidden compliance traps when transitioning from a corporate employee permit to full business ownership. Issues regarding shareholder restrictions for dependent spouses, strict labor market ratios, and maintaining your track toward the accelerated Cyprus citizenship framework can quickly complicate operations if not structured correctly from day one.

In this real-world legal and immigration case study, we break down exactly how to navigate shareholding permissions, secure family reunification benefits, and structure corporate shifts without violating local immigration laws.

๐Ÿ”— Read the full breakdown to ensure your corporate structure remains fully compliant: https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/cyprus-bcs-permits-explained-a-real-life-case-study-on-immigration-and-business-structuring

๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐จ๐Ÿ ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž: ๐‘๐ž๐Ÿ๐ฅ๐ž๐œ๐ญ๐ข๐ง๐  ๐จ๐ง ๐Ž๐ฎ๐ซ ๐…๐š๐ง๐ญ๐š๐ฌ๐ญ๐ข๐œ ๐–๐ž๐ž๐ค๐ž๐ง๐ ๐š๐ญ ๐ญ๐ก๐ž ๐๐ฎ๐œ๐ก๐š๐ซ๐ž๐ฌ๐ญ ๐„๐ฑ๐ฉ๐จ The CYAUSE Audit Service...
08/06/2026

๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐จ๐Ÿ ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž: ๐‘๐ž๐Ÿ๐ฅ๐ž๐œ๐ญ๐ข๐ง๐  ๐จ๐ง ๐Ž๐ฎ๐ซ ๐…๐š๐ง๐ญ๐š๐ฌ๐ญ๐ข๐œ ๐–๐ž๐ž๐ค๐ž๐ง๐ ๐š๐ญ ๐ญ๐ก๐ž ๐๐ฎ๐œ๐ก๐š๐ซ๐ž๐ฌ๐ญ ๐„๐ฑ๐ฉ๐จ

The CYAUSE Audit Services team has just returned from an incredible, high-energy weekend networking with international entrepreneurs, tech founders, and investors at the Bucharest Expo.

Expos like these are an invaluable opportunity to share cross-border financial strategies and discuss how international businesses can scale efficiently using the Cyprus jurisdiction.

Key discussions from our weekend in Romania centered on:

- Strategic Corporate Relocation: How global businesses are seamlessly shifting their operations to Cyprus.

- Tax Optimization: Leveraging the highly competitive corporate tax framework and the 0% dividend tax under the Cyprus Non-Domiciled (Non-Dom) regime.

- Niche Tax Regimes: Explaining the 2.5% Intellectual Property (IP) Box incentive for tech companies and software developers.

Beyond the productive business sessions, our team thoroughly enjoyed exploring the stunning architecture, rich history, and vibrant culture of Bucharest. Thank you to the organizers and everyone who took the time to connect with us.

๐Ÿ“– Read our full reflection and key takeaways from the event here: https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/ArtMID/2761/ArticleID/1058/preview/true/Connecting-in-the-Capital-of-Culture-Reflecting-on-Our-Fantastic-Weekend-at-the-Bucharest-Expo

Need expert guidance on cross-border corporate structures or tax planning?

Reach out to our advisory team directly at [email protected] or visit www.cyprusaccountants.com.cy.

๐“๐ก๐ž ๐…๐“๐€โ€™๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐‘๐ž๐ฅ๐ข๐ž๐Ÿ: ๐‡๐จ๐ฐ ๐Ÿ—๐Ÿ,๐ŸŽ๐ŸŽ๐ŸŽ ๐”๐€๐„ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ ๐‚๐š๐ง ๐€๐ฏ๐จ๐ข๐ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐“๐š๐ฑ ๐๐ž๐ง๐š๐ฅ๐ญ๐ข๐ž๐ฌThe Federal Tax Authority has lau...
05/06/2026

๐“๐ก๐ž ๐…๐“๐€โ€™๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐‘๐ž๐ฅ๐ข๐ž๐Ÿ: ๐‡๐จ๐ฐ ๐Ÿ—๐Ÿ,๐ŸŽ๐ŸŽ๐ŸŽ ๐”๐€๐„ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ ๐‚๐š๐ง ๐€๐ฏ๐จ๐ข๐ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐“๐š๐ฑ ๐๐ž๐ง๐š๐ฅ๐ญ๐ข๐ž๐ฌ

The Federal Tax Authority has launched a massive Corporate Tax Late Registration Penalty Waiver Initiative benefiting up to 91,000 businesses. If your company hasn't registered yet, you must act before this temporary grace window closes.

What you need to know:

Late registration penalties can be waived, but prompt action is required.

The FTA conducted 176,000 inspection visits in 2025 aloneโ€”an 89% year-on-year increase.

New, costlier amended administrative penalties for non-compliance are now in force.

Don't wait for an automated penalty notice to find out if your business is exposed.

๐Ÿ“– Read the full insights here: https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/ArtMID/2761/ArticleID/1057/preview/true/The-FTA%e2%80%99s-Strategic-Relief-How-91000-UAE-Businesses-Can-Avoid-Corporate-Tax-Penalties

๐Ÿ’ผ Berkley Ltd is a regulated audit & assurance firm in ADGM. For immediate registration, filing, or compliance assistance, reach out directly at [email protected]

๐„๐ฑ๐ฉ๐š๐ง๐๐ข๐ง๐  ๐‡๐จ๐ซ๐ข๐ณ๐จ๐ง๐ฌ: ๐๐ž๐ซ๐ค๐ฅ๐ž๐ฒ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐โ€™๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐๐ซ๐ž๐ฌ๐ž๐ง๐œ๐ž ๐ข๐ง ๐ญ๐ก๐ž ๐”๐€๐„We are excited to highlight the continued growth of B...
15/05/2026

๐„๐ฑ๐ฉ๐š๐ง๐๐ข๐ง๐  ๐‡๐จ๐ซ๐ข๐ณ๐จ๐ง๐ฌ: ๐๐ž๐ซ๐ค๐ฅ๐ž๐ฒ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐โ€™๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐๐ซ๐ž๐ฌ๐ž๐ง๐œ๐ž ๐ข๐ง ๐ญ๐ก๐ž ๐”๐€๐„

We are excited to highlight the continued growth of Berkley Limited in the heart of the Middle East! As a regulated firm licensed by the Abu Dhabi Global Market (ADGM).

Berkley is delivering premium audit, tax, and advisory services to international businesses and HNWIs from its base in Abu Dhabi.

Operating from the prestigious Al Reem Island, the Berkley team is uniquely positioned to bridge the gap between European corporate standards and the dynamic UAE market. Whether itโ€™s navigating the 2026 UAE corporate tax landscape or establishing a robust structure within the ADGM, Berkley provides the local expertise and global perspective required for success.

Read the full blog here: https://www.cyprusaccountants.com.cy/Knowledge-Hub/Blog/ArtMID/2530/ArticleID/1050/preview/true/Expanding-Horizons-Berkley-in-the-UAE

๐’๐ž๐œ๐ฎ๐ซ๐ข๐ง๐  ๐˜๐จ๐ฎ๐ซ ๐ŸŽ% ๐ƒ๐ข๐ฏ๐ข๐๐ž๐ง๐ ๐“๐š๐ฑ ๐’๐ญ๐š๐ญ๐ฎ๐ฌ: ๐€๐ฏ๐จ๐ข๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฆ๐จ๐ง ๐๐ข๐ญ๐Ÿ๐š๐ฅ๐ฅ๐ฌRelocating your tax residency to Cyprus offers significant...
06/05/2026

๐’๐ž๐œ๐ฎ๐ซ๐ข๐ง๐  ๐˜๐จ๐ฎ๐ซ ๐ŸŽ% ๐ƒ๐ข๐ฏ๐ข๐๐ž๐ง๐ ๐“๐š๐ฑ ๐’๐ญ๐š๐ญ๐ฎ๐ฌ: ๐€๐ฏ๐จ๐ข๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฆ๐จ๐ง ๐๐ข๐ญ๐Ÿ๐š๐ฅ๐ฅ๐ฌ

Relocating your tax residency to Cyprus offers significant advantages, including the 0% tax rate on dividends for Non-Dom residents. However, the application process involves critical requirements that, if overlooked, can lead to delays or rejections by the Tax Department.

From establishing legitimate "business ties" to ensuring your physical presence meets the 60-day or 183-day rules, precision is mandatory. This guide breaks down the five most frequent mistakes made during the application process and provides the roadmap to getting it right the first time.

Full article: https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/applying-to-become-a-cyprus-non-domicile-tax-resident-5-things-that-can-go-wrong-and-how-to-get-it-right

Why are content creators choosing Cyprus as their global base?YouTubers, influencers, educators, and digital entrepreneu...
29/04/2026

Why are content creators choosing Cyprus as their global base?

YouTubers, influencers, educators, and digital entrepreneurs are increasingly turning to Cyprus for one powerful combination: an effective tax rate of around 15%, the flexible 60-day tax residency rule, and the long-term Non-Dom regime (17 + 10 years).

Add EU credibility, 300+ days of sunshine, world-class connectivity from Larnaca and Paphos, and a thriving community of digital entrepreneurs, and Cyprus becomes hard to ignore.

Read our latest article on why Cyprus is fast becoming the preferred jurisdiction for global content creators ๐Ÿ‘‡
https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/why-cyprus-is-emerging-as-a-premier-destination-for-content-creators

โš–๏ธ ๐๐จ๐ฆ๐ข๐ง๐ž๐ž ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ๐ฌ ๐ฏ๐ฌ. ๐๐จ๐ฐ๐ž๐ซ ๐จ๐Ÿ ๐€๐ญ๐ญ๐จ๐ซ๐ง๐ž๐ฒ: ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ง๐  ๐˜๐จ๐ฎ๐ซ ๐‚๐ฒ๐ฉ๐ซ๐ฎ๐ฌ ๐„๐ง๐ญ๐ข๐ญ๐ฒManaging a Cyprus company often involves a deli...
23/04/2026

โš–๏ธ ๐๐จ๐ฆ๐ข๐ง๐ž๐ž ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ๐ฌ ๐ฏ๐ฌ. ๐๐จ๐ฐ๐ž๐ซ ๐จ๐Ÿ ๐€๐ญ๐ญ๐จ๐ซ๐ง๐ž๐ฒ: ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ง๐  ๐˜๐จ๐ฎ๐ซ ๐‚๐ฒ๐ฉ๐ซ๐ฎ๐ฌ ๐„๐ง๐ญ๐ข๐ญ๐ฒ

Managing a Cyprus company often involves a delicate balance between privacy and control. While the use of Nominee Directors and Power of Attorney (PoA) is a standard practice, understanding where the legal and operational lines are drawn is critical for every business owner.

This article explores the fundamental differences between these two structures, the risks of "shadow directorship," and how to properly delegate authority without compromising your corporate governance or tax residency status.

Whether you are looking for enhanced confidentiality or simplified day-to-day management, knowing the legal boundaries will protect your investment and ensure full compliance with Cyprus Law.

Read the full guide here: ๐Ÿ”— https://www.cyprusaccountants.com.cy/Knowledge-Hub/Articles/nominee-directors-vs-power-of-attorney-in-cyprus-where-to-draw-the-line

22/04/2026

Over 50% of Cyprus Property Sales Now Linked to Foreign Buyers

๐Ÿก Cyprus continues to attract strong international demand.

Data shows that more than half of property purchases in Cyprus are connected to foreign investors, including EU and non-EU nationals, with many acquisitions structured through Cyprus companies.

For global entrepreneurs and investors, Cyprus remains one of Europeโ€™s most attractive destinations for property investment and lifestyle.

โžก๏ธ Get matched with the top financial experts: www.finhub.com.cy

Watch the full Finhub Podcast Best City in Cyprus for Business Owners? (Costs & Lifestyle Comparison)

https://youtu.be/wOFCLeDeWnQ

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