The EPW’s administrative service is intended to increase the confidence and trust that contract parties shall duly do what has already been agreed upon. The administrative service for money or important documents is also used by our clients in situations where they need to protect their money for a variety of reasons (theft, another person, for the case of death), although they are not a party to a specific contractual relationship.

EPW acts as an independent third party that takes money or other valuables into custody, which are the subject of a certain contractual relationship – such as purchase or sale of real estate – until the time of the fulfillment of the agreement. Thus our services allows planning your transaction without any fear if you are not sure that the counter-party properly fulfills the contract.

Money or valuables put in the escrow will only be paid upon the fulfillment of the respective consideration. If the obligation of the counter-party is not fulfilled, the money is returned by EPW to the party that deposited it into the escrow. This procedure therefore increases the confidence and trust of the parties in the contractual relationship.

Compared with similar notarial or bank services, the our administrative service is more advantageous for our clients in terms of costs. The whole process of arranging the services is also less formal (a contract can even be concluded remotely), and it can even easily be carried out in relation to non-standard agreements between the parties. Other reasons for using our lawyer’s services include:

• Prepared detailed written agreement;
• Special dedicated bank accounts and safekeeping in bank vaults;
• Insurance of the lawyer;
• Secrecy;
• Responsibility;
• Lower costs in comparison with the notarial service.

Open Your Account Today. It’s free to open and you can complete our online application in just 5 steps.

Create the right image for your business with a prestigious address and a range of supporting services.

1. Professional Address – Place your business in the best possible location with a credible address and mail handling service.
2. Telephone Answering – Get a local number, with your calls answered in your company name, and access to your voicemail 24/7.
3. Office services – Enjoy the full office package, with business address, mail handling, telephone answering and free business lounge access.

Our Wealth Management Advisors will support our clients in organizing their finances, protecting their assets and shall provide custom solutions to issues that arise.

With experience in the Cyprus market for more than 15 years servicing a large number of clients across many industries, audit services are performed in accordance to the International Standards.

OUR PROMISE TO OUR CLIENTS IS OUR FULL COMMITMENT TO ENSURING THE HIGHEST QUALITY AUDIT.

At the center of a quality audit is the delivery of an appropriate and independent opinion that complies with the auditing standards. Through a carefully designed audit approach, we ensure that we issue an appropriate and independent opinion that complies with the auditing standards.

THE AUDIT SERVICES WE PROVIDE MAY BE CATEGORIZED ACCORDING TO CLIENT NEEDS AS FOLLOWS:

• Statutory audit of financial statements
• Financial and management audits with specific features and purposes
• Presentation and analysis of financial statements to the directors and shareholders
• Management letter on weaknesses and suggested improvements
• Evaluation of opportunities and risks
• Internal controls and systems review

Through our extensive knowledge and international experience, we can offer tailored audits to suit the size, nature, complexity and reporting needs of your business.

THIS HIGH QUALITY STATUTORY AUDIT PERFORMED ALLOWS A BROAD COMMUNITY OF PEOPLE AND INSTITUTIONS TO RELY ON OUR WORK.

We can provide assistance and guidance to businesses and individuals in developing tax strategies which both maximize tax benefits and meet government’s necessary compliance requirements.

Professional tax services offered include among others the following:

CORPORATE TAX

• Registration to the Cyprus Tax Department and to the electronical system taxisnet
• Preparation and submission of Company’s income tax returns to the Cyprus Tax Department
• Tax due diligence reports and other tax compliance and representation services
• Assistance in Tax Investigations by the Cyprus Tax Department
• Procedure for issuing Tax Rulings from the Cyprus Tax Department
• Liaising with the Cyprus Tax Department and obtaining tax clearance certificate, tax residence certificate, and double taxation certificate
• Tax planning /tax optimization and tax consulting services for international and local companies

PERSONAL TAX

• Registration to the Cyprus Tax Department and to the electronical system taxisnet
• Preparation and submission of personal tax returns to the Cyprus Tax Department
• Preparation and filing of personal Capital statements
• Liaising with the Cyprus Tax Department and securing tax clearance / tax residency certificate
• Advice and planning for tax optimization

Value Added Tax Services

The recent global economic recession forced the European Union to modernize the VAT framework across its Member States. This process has resulted in many VAT amendments to EU VAT regulations and, consequently, to Member States’ National VAT legislation.
As a result, VAT compliance, planning and accounting for indirect tax has become an even more complex and onerous task. We at Europe Private Wealth can assist businesses in managing the ever dynamic and challenging VAT area in order to avoid non-compliance with a country’s VAT legislation and the consequent penalties and charges.

Professional VAT services offered include among others the following:

• VAT and VIES registration
• Preparation of VAT returns and other compliance work
• VAT Deregistration
• Other VAT advisory services

People and Performance management is rapidly becoming an integral part of every company’s business strategy. Having workable and effective processes in place to manage and measure employee performance is considered essential in building a competitive advantage. At EPW Europe Private Wealth Ltd, we work closely with our clients to offer our expertise and support in designing and facilitating the implementation of new effective and efficient HR processes.

Our HR Services include:
Performance Management Systems, Incentive Schemes, HR Policies & Procedures, Training Needs Analysis, Employee Opinion & Satisfaction Surveys, HR Diagnostic and Search and Selection Services.

Legal Services

We have carefully selected strategic legal partners adhering to the highest competence standards & facilitating the offering of legal services to satisfy your needs.

Fiduciary Services:

• Assisting in the formation of a new company
• Providing a registered office
• Provision of nominee shareholders
• Appointment of corporate directors
• Appointment of company secretary
• Appointment of bank signatories

Company secretarial services:

• Preparing minutes of directors and shareholders’ meetings
• Preparing and filing the company’s annual return
• Organizing facilities for directors and shareholders’ meetings
• Maintaining and safekeeping the statutory records and registers of the company
• Issuing and safe keeping of share certificates
• Arranging for legalization and certification of documents
• Arranging for any changes of the company’s share capital
• Assisting in the compliance of the company’s Memorandum and Articles of Association with relevant shareholder agreements and legislation
• Undertaking company searches and due diligence
• Communicating with the Registrar of Companies for all necessary submissions of forms and requests for certificates
• Providing full support to clients during acquisitions, take-overs or mergers and company disposals

For more information on our Human Resources Advisory Services and Legal Services please contact as on +357 22 866060 or alternatively via email on service@epw.com.cy

A Permanent Residence gives a Non-EU national the right to permanently reside in Cyprus, without any limitations, with his family (spouse, children under 18 years’ old and financially dependent children up to 25 years old).

Non-EU nationals will be exempted from Visitor’s Visa while travelling from Cyprus, whereas there will be no time limitation for their stay.

• Permanent Residence – Accelerated
• Permanent Residence – Regular
• Temporary Residence Permit – General Employment
• Temporary Residence Permit – Employees at IBCs
• Temporary Residence Permit – Domestic Assistants
• Temporary Residence Permit – Family Members of Cypriots

We offer support through a specialized team in order to achieve greater control over client’s obligations, for peace of mind & freedom for our clients to focus on higher value issues.

• Performing bank reconciliations of all bank accounts
• Preparation and submission of vat returns and vies declarations
• Preparation of periodic management accounts
• Payment of taxes
• Maintenance of the general ledger
• Maintenance of proper books and records
• Preparation of annual financial statements
• Preparation of consolidated financial statements for groups of companies
• Preparation of annual tax computations
• Preparation and submission of provisional tax declarations and payment of taxes

WE OFFER SUPPORT THROUGH OUR SPECIALIZED TEAM IN ORDER TO ACHIEVE GREATER CONTROL OVER OUR CLIENTS’ STATUTORY OBLIGATIONS. THIS RESULTS IN PEACE OF MIND AND FREEDOM FOR OUR CLIENTS TO FOCUS ON HIGHER VALUE ISSUES FOR THEIR ORGANIZATIONS.

ADMINISTRATION SERVICES:

• Opening and operating bank accounts
• Arranging for the issue of invoices, credit notes, purchase orders and other documents
• Providing translation services for most of the european languages
• Providing mail facilities and handling correspondence with third parties
• Providing internet banking facilities
• Arranging and providing facilities for meetings
• Assisting clients on private banking information
• Provision of bank signatories and processing and execution of bank instructions
• Preparation, review and execution of agreements
• Monitoring local compliance with statutory requirements and filings
• Arranging for legal opinions or other legal work where necessary
• Attending meetings and carrying out negotiations on behalf of clients
• Arranging for bank credit cards or applications for bank financing
• Assistance in obtaining work permits for expatriate employees

WE UNDERSTAND THAT THE ROLE OF THE CORPORATE COMPLIANCE FUNCTION CONSTITUTES A VITAL PART OF THE OPERATIONS OF ANY BUSINESS. WE DELIVER FOCUSED CORPORATE STATUTORY COMPLIANCE TO COMPANIES AND GROUPS OF ANY SIZE.

PAYROLL SERVICES:

• Payment of employees by bank transfer or by cheque
• Payment to the proper government authorities of paye taxes, social security contributions, medical fund premiums and provident fund
• Assisting in the application for obtaining work and residence permits for principals and expatriate personnel
• Preparing and filling annual tax returns
• Registration of company and staff with the income tax office and social insurance department
• Processing the company’s monthly payroll
• Submission of relevant reports to necessary recipients
• Preparation and dispatch of monthly payslips

Wealth Management

Our Wealth Management Advisors will support our clients in organizing their finances, protecting their assets and shall provide custom solutions to issues that arise.

Cyprus Residency

A Permanent Residence gives a Non-EU national the right to permanently reside in Cyprus, without any limitations, with his family (spouse, children under 18 years’ old and financially dependent children up to 25 years old).

Non-EU nationals will be exempted from Visitor’s Visa while travelling from Cyprus, whereas there will be no time limitation for their stay.