M. Papadakis & Co.

Accounting firm in Nicosia, Cyprus

About M. Papadakis & Co.

Established in Nicosia in 1985, this chartered accountancy practice is led by a managing partner who trained in London and works from a privately owned building in the city centre. A team of about twenty, including several ICAEW members, serves both Cyprus-based and international clients. Much of its offer is aimed at foreigners investing in or relocating to Cyprus: companies of foreign interest that employ non-EU staff, economic substance for foreign-owned structures, redomiciliation, holding company and intellectual property tax questions, plus residence permit applications for EU citizens and permanent residency for non-EU investors. It sits alongside conventional audit and assurance, accounting and payroll outsourcing, and tax and VAT compliance, with legal work handled through associated law firms. The website is in English, and no prices are published.

Services

Statutory audit, IFRS reporting and special-purpose assurance; internal audit, due diligence, AML and UBO register support; valuations and M&A advice. Outsourced bookkeeping, management accounts and payroll. Corporate and personal tax returns, tax residence certificates, rulings and VAT registration with VIES and Intrastat filings. For foreign-owned companies: registration, office search, substance set-up, corporate bank account opening, board meeting organisation and residence and work permit applications for staff and family members.

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

Entity types

  • Holding company
  • Companies of foreign interest
  • Investment funds

Industries

  • Real estate
  • Investment
  • Intellectual property
  • Regulated businesses

Client focus

  • International clients
  • Foreign investors
  • Non-domiciled tax residents
  • Third-country nationals relocating to Cyprus
  • EU citizens relocating to Cyprus

Licences and registrations

  • Licensed and regulated by ICPAC
  • Members of ICAEW

As declared by the firm. Check a licence with the regulator before you rely on it.

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