About Us

E&L Papallis audit, tax and consulting services

E&L Papallis audit, tax and consulting services is a professional services firm based in Nicosia, Cyprus.

We are offering a wide range of client-focused business services to both international and local clients aiming to meet their requirements. We are specializing in providing audit and assurance services, accounting and bookkeeping services, tax advisory and tax compliance services and business planning and consulting services.

We are members of the Institute of Certified Public Accountants of Cyprus (ICPAC) and our partner is also member of the Association of Chartered Certified Accountants of UK (ACCA).

Our Services

EXTERNAL AUDIT AND ASSURANCE

Audit of financial statements is a statutory requirement in Cyprus. However, you may also need an audit or an assurance report:

• At the request of potential investors
• After the request of a supplier who wish to assess your credibility
• For raising funds from banks or commercial lenders

We can assist you with:
• Statutory audit in accordance with International Standards on Auditing
• Special purpose audits

ACCOUNTING SERVICES

We offer an extensive range of services that include:
• Book keeping, accounting assistance and supervision
• Preparation of financial statements in accordance with International Financial Reporting Standards
• VAT returns preparation and submission
• VIES returns preparation and submission
• Setting up accounting systems for new companies
• Payroll Services

TAX SERVICES


• Registration with the Tax Authorities
• Compliance services for companies and persons, including the preparation of tax computations and the preparation and submission of income tax returns
• Tax planning for local entities, international entities and for individuals
• Advise on the tax treatment of specific transactions
• Tax residency certificates
• Tax clearance certificates for companies
• Capital statements for individuals
• Assistance in dealing with tax authorities

CORPORATE SERVICES

• Formation of Companies
• Preparing and filing the company’s annual return
• Maintaining the statutory records and registers of the company
• Arranging for all the relevant documentation regarding changes in:
 - The company’s memorandum and articles of association
 - The authorized and issued share capital
 - The company’s name
 - The directors and shareholders

Get in Touch

Office Address


E&L Papallis audit, tax and consulting services
10a, Pythagorou str.
Strovolos 2040
Nicosia, Cyprus

Office Hours


Monday - Thursday:
08:00 - 17:30
Friday:
08:00 - 14:00