Limassol Company Has Established a Reputation for Being a Top Cyprus Tax Planning and Consultancy Service

Limassol Company Has Established a Reputation for Being a Top Cyprus Tax Planning and Consultancy Service

Posted by on 2022-12-12

Limassol, Cyprus-based Globalserve Consultants Ltd is a company that provides a wide variety of business and other financial consultancy services. The company has established such a reputation for doing quality work that they are often the first choice for Cypriots and ex-pats when it comes to the consultancy services it offers. This includes accounting, tax, legal, investment, banking, and corporate financial advisory services along with many other services that are important to the international business community.

A representative of the company says, “We at Globalserve Consultants are a licensed accounting and corporate provider firm, regulated by ICPAC in Cyprus. Our company is recognized as one of the leading firms in this sector in Cyprus ever since the business was established in 1994. The Globalserve team is actively engaged in international tax consultant services and the formation and management of international business companies. This includes Cyprus, UAE, UK, Maltese, Dutch, Hong Kong, Singapore, Swiss, Luxemburg, and Bulgarian-based companies.”

The company representative went on talk about why professional tax consultancy services are so important for businesses operating in Cyprus; especially those that are conducting business internationally. While individual businesses may have a competent accounting team working for them, they often don’t know all the lesser-known and hard-to-understand tax rules, regulations, and exemptions that apply to businesses in the nation and even more so for businesses operating internationally. He says this is where Globalserve Consultants can play a huge role for any Cyprus or international-based business that requests their help. The growing trend for the globalization of economies, mobile capital movements, and the lessening of barriers to foreign investment has created the need for experienced and sound tax planning advice. He added this is because along with the increased opportunities that cross-border business activities offer, this also brings with it many more tax regulations that need to be followed and increased risk. The businesses that request their assistance stand a better chance of being fully compliant with local and international tax laws and therefore can operate with much less worry.

Globalserve Consultants representative also wanted to point out that they do much more than just offer sound local and international tax planning and advice. This includes the wide range of other financial and accounting services that they can help businesses and individuals with. A list that includes the incorporation and administration of companies, banking services including the opening and operation of bank accounts, and the formation of trusts and foundations. He stated that they also handle M & A transactions, mergers, re-domiciliations, VAT affairs, payroll & social insurance services, and the preparation of financial statements. It was also acknowledged that the demand for their Cyprus-based financial and tax services has steadily increased for several reasons. Most of this has to do with the wide use of English in the country, Cyprus’ modern and transparent legal and regulatory framework, and the lower setup and operational costs in the country when compared to the largest EU fund hubs such as Luxenberg and Ireland.

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Those that have used Globalserve’s tax planning and consultancy services often leave very complimentary reviews regarding the assistance they have received. Irina Avdeeva proclaimed, “Quick and professional service! By working with Globalserve for more than 10 years I can confirm that this company is the best in Cyprus. I would recommend it to everyone. Mrs. Phani and her team are definitely going to find you the best tax solutions for your business!” Xenia Lasonos stated, “You are the best team in Cyprus at what you do. Thanks for the quick and professional service. congratulations Globalserve!” Businesses of all sizes that would like more information on the tax consultancy and other Cyprus and international financial services this company offers can refer to the Globalserve Consultant’s website. As a bonus, Globalserve Consultants Ltd has also become a leading company when it comes to helping with Cyprus immigration service regulations and compliance. Something that has taken on more significance as the country continues to trend toward being a top relocation destination for many Expats.