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Limassol, Cyprus: With the announcement of the Social Insurance Services of Cyprus that the annual maximum insurable amount for 2023 is increased to €60.060 from €58.080, employers must adjust their payroll systems to accommodate this change. Globalserve Consultants, a licensed accounting and corporate provider firm in Cyprus, can help employers ensure the accuracy of their payroll and social insurance contributions with this increase. Recently passed reforms demand employers to modify their payroll systems for the new maximum insurable amount. Fortunately, Globalserve Consultants understand these transitions and are experts in streamlining a smooth and efficient payroll process. They recognize how critical it is to ensure that compliance safeguards both employers' interests and employees' rights regarding social insurance benefits. Both monthly and weekly paid employees in Cyprus are affected by this change. Since the new legislation directly impacts these people, Globalserve Consultants embrace the responsibility of helping employers keep up with the changing legal landscape. Compliance with the law is key to the success of any business, and Globalserve Consultants have a well-earned reputation for their compliance expertise in Cyprus. As part of the organization’s services, Globalserve Consultants will assist employers in calculating the exact amount of insurable earnings for each employee and advise on how to pay the increased contributions due. Without compromising accuracy in data management and payroll services, Globalserve Consultants is dedicated to resolving any changes and providing the most up-to-date advice on compliance with new regulations. Employers who choose to work with Globalserve Consultants will reap the benefits of the organization's wide-ranging services, such as payroll processing, setting up and managing social insurance accounts, monthly calculations, preparation and distribution of annual IR63 to employees, and more. Furthermore, the organization offers various other services, such as tax and financial advice, corporate governance, and accounting services, that are tailored to the specific needs of each employer. As a firm with tremendous experience and skill, Globalserve Consultants guarantees that employers stay compliant and protect the rights of their employees as they transition to the new maximum insurable amount increase in 2023. With credible advice from an experienced company like Globalserve Consultants, employers can advance confidently into this transformation phase. About Globalserve Consultants https://www.youtube.com/watch?v=w-Yz7pnsZmc Globalserve Consultants is a licensed accounting and corporate provider firm in Cyprus. For over 20 years, the company has provided a wide range of services to the business community and established a well-earned reputation for excellence and professionalism. To learn more about Globalserve Consultants’ services, please visit the website at https://www.gstaxconsultants.com/.

Limassol, Cyprus: Cyprus businesses, both active and dormant, must prepare and submit audited financial statements until the year 2022 or risk incurring penalties and fines—even closure. GlobalServe Consultants are premier accounting professionals in Cyprus who can help businesses stay compliant by preparing and submitting their financial statements on time. Audited financial statement preparation is a critical aspect of any business operation. It is a reflection of the company’s performance and well-being that must be reviewed by an independent auditor in order to accurately assess the financial position of the company. One such auditor is GlobalServe Consultants, an esteemed group of accounting professionals in Cyprus with over 20 years of experience preparing and filing audited financial statements for businesses of all sizes. The professionals at GlobalServe Consultants understand the importance of filing these financial statements on time and are urging Cyprus companies to submit their documents to both the Registrar of Companies and the Tax Authorities by 2022 in order to stay compliant and avoid any potential penalties or fines. By leveraging the team’s decades of expertise, businesses can rest assured that their financial statements will be prepared accurately and in accordance with Cyprus law. For maintaining proper accounting books and records, supporting documents and information must be provided to GlobalServe Consultants. These include, but are not limited to, bank account statements, closing stocks, and invoices. Once the audit is completed, GlobalServe Consultants will submit the financial statement on behalf of the client and provide proof that the documents have been submitted correctly. Furthermore, GlobalServe Consultants provide more than just financial statement preparation services; they also offer VAT and other tax filing services, as well as consultancy services tailored to their client’s unique business needs. Their knowledgeable staff can help businesses ensure that all their paperwork is filed accurately in order to avoid any potential delays or confusion on the part of the government. Representing the best in professional accounting services, GlobalServe Consultants are trusted advisors to their clients. With an experienced team of professionals and their commitment to excellent service, GlobalServe Consultants can help businesses ensure that all their financial documents are filed correctly and on time—allowing them to focus on running the day-to-day operations of their business. About GlobalServe Consultants https://www.youtube.com/watch?v=w-Yz7pnsZmc GlobalServe Consultants is a licensed accounting and corporate provider firm based in Limassol, Cyprus. With more than 20 years of experience, the firm provides a wide range of services, including audit and compliance, financial statement preparation and filing, VAT registration and filing services, and business consultancy services. For more information, visit their website at https://www.gstaxconsultants.com/.

Limassol, Cyprus: When the pandemic started to take hold of the world, business owners around the world faced an uncertain future. Companies had to adapt quickly and Globalserve Consultants, a leading provider of accounting and corporate solutions in Cyprus has been driving successful outcomes for its clients for over a decade. With a focus on delivering high-quality, tailored services, the company has become a trusted advisor to businesses of all sizes, helping them to achieve their financial and operational goals. Since its inauguration in 1994, Globalserve has become an internationally-respected leader in financial management and international taxation. Testimony to the calibre of the firm's services is its membership in some of the most influential professional bodies for these sectors - such as the ICPAC, CCCI, STEP, and IFA. Even more impressive is Globalserve's presence in major international conferences, too, is a testament to its reputation as one of the go-to companies for specialist advice in those fields. Globalserve Consultants provides a comprehensive suite of services for businesses of all sizes, allowing clients to take advantage of the company's expertise no matter what stage of growth they are at. From start-ups to established corporations, Globalserve specializes in giving clients access to accounting, financial reporting and preparation, auditing, and management consulting tools that can improve their operations. With such an extensive array of services, the company is better able to meet the needs and goals of its customers than other consultancies. With a long list of satisfied clients, Globalserve Consultants has become a trusted name in the industry for providing personalized solutions that meet the unique needs of each business. Their team of talented professionals are well-versed in the complexities of international taxation and financial management, enabling them to provide innovative strategies that maximize cost savings and returns on investments rapidly. In today's rapidly changing business environment, it is more important than ever for companies to have access to the right resources and expertise to stay ahead of the competition. With its commitment to delivering high-quality results and innovative solutions, Globalserve is well-positioned to help businesses succeed in the years to come. About Globalserve Consultants: Globalserve Consultants is a leading provider of accounting and corporate solutions in Cyprus, with over 25 years of experience in the industry. The company offers a comprehensive suite of services designed to meet the specific needs of its clients. Globalserve is committed to providing personalized solutions that exceed customer expectations, as well as staying abreast of the latest industry trends and best practices. For more information about the company, please visit www.gstaxconsultants.com. https://www.youtube.com/watch?v=3Ovl8PKvVkM&t=18s