PENAP Group of Companies

PENAP Group of Companies in Limassol, Cyprus, is a dynamic firm of experienced Accountants and Business Consultants that offers a wide range of consulting, legal, accounting and other services to meet various requirement

Areas of Practice

Fiduciary Services

Company Administration

Investment & Property Consulting

Immigration – Migration Services

Yacht Management

Accounting Services

Cyprus & International Tax Planning

Company Formation

Who We Are

PENAP Group of Companies is a dynamic firm of experienced Business Consultants and Accountants that offers a wide range of consulting, legal, accounting and other services to meet various requirements of its Clients.

What We Provide

Our professional team provides effective solutions and all necessary support to individuals, partnerships and companies enabling their businesses to achieve operational excellence and move forward.

Professionalism

Whether you are looking for an effective and confidential corporate structuring, safe tax planning and asset protection, or considering outsourcing your day-to-day bookkeeping load to focus on more strategic work, we endeavour to offer you a professional, efficient, personalized and cost effective service.

Services:

Accounting Services

Cyprus Companies are obliged under the law to appoint a qualified auditor to audit the financial records and submit to the authorities an annual financial report which forms a part of annual income tax return. Every Cyprus Company is also obliged to submit to the Registrar of Companies a copy of the audited financial statements together with the Annual Report.

Cyprus & International Tax Planning

International tax aspects play a significant role in all international business decisions. That’s why we continually monitor any changes in tax legislation in order to advise our clients how to maximise their tax benefits. Our specialists on Cyprus and international taxation know how to best take advantage of existing tax legislation of various jurisdictions and Double Tax Treaties’ provisions, and are ready to assist you in optimization of your new or existing business structures.

Company Formation

Company formation is the act of making an official application to create a company, which is called the process of incorporation. Full company name, shareholder, the officers of the company and the principal address of the company that are entered in the records held at the Department of the Registrar of Companies and Official Receiver are required to formalize the formation of a company.

More Industries →