Phoenix Accounting

About Phoenix Accounting

Established in 2025 by a team with long prior experience in accounting, audit and tax, this practice serves more than 300 local and international businesses from offices in Limassol and Paphos. About fifteen professionals handle everyday bookkeeping and statutory reporting as well as more complex work such as transfer pricing documentation, intellectual property regime claims, feasibility studies and grant applications. International groups and entrepreneurs can also rely on it for Cypriot company formation, shelf entities, corporate secretarial support, bank account administration and board participation. Payroll, expatriate tax consultation and help with work and residence permits support staff relocation. Its website is available in English, Greek, Russian, French and German, and its news pages track the 2026 Cyprus tax reform for clients with cross-border structures.

Services

Bookkeeping and IFRS financial statements, statutory audit coordination, and corporate and personal tax computations and returns. VAT registration, quarterly returns, VIES filings and dispute representation. Payroll with social insurance, GESY and employer returns. Company formation, shelf companies, nominee and fiduciary services, corporate secretarial work, bank account opening, re-domiciliation, liquidation and trust formation. Transfer pricing studies, IP Box applications, valuations, feasibility studies, grant scheme applications and residence or work permit assistance.

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