CDEMETRIOU ACCOUNTANTS LTD

About CDEMETRIOU ACCOUNTANTS LTD

An outsourced accounting practice in Limassol, this firm handles the finance function for Cypriot and foreign-owned companies as well as self-employed professionals. Monthly bookkeeping is offered for companies of any nationality, with quarterly accounting for VAT-registered businesses. It has built dedicated lines for forex firms, including reconciliation of client funds against equity, and for cryptocurrency income such as mining and DeFi. Payroll, social insurance registration and employee tax returns sit alongside corporate and personal tax filing, double tax treaty advice and help for foreign individuals working on the island. The firm can also incorporate Cyprus companies, register them with the authorities and assist with opening a bank account. Its website is in English only; fees are not published, and some template text remains on the home page.

Services

Accounting: monthly or quarterly bookkeeping, bank and ledger reconciliations, management accounts, budgets, cash flows, VAT returns and refund collection, plus coaching clients to build an in-house team. Payroll: monthly runs, encrypted payslips, PAYE and social insurance payments, employer and employee returns. Tax: corporate and self-employed returns, dividend declarations, tax rulings, treaty advice, international group structure planning and tax residency certificates. Corporate: company incorporation, registrations and deregistrations with the tax, VAT and social insurance departments, and bank account opening. Specialist crypto and forex accounting.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✓ Bank account assistance: offered
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed