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IBC requirements
 
Every company in Cyprus is required by law to submit an Annual Audited Financial statement to the Inland Registry (Cyprus Accountants). If the company is in the status of “IBC”(Cyprus International Business Company), then it must also submit such a report to the Cyprus Central Bank. According to the Companies Law, Companies which file the Audited Financial Statements must appoint an independent auditor. You may be rest assured that you can receive all the necessary assistance, with a plethora of services, from professionals who have experience and insight in the dealings of the market of Cyprus Accountants.

Cyprus is a full European Union and Eurozone member state. Various international clients choose Cyprus as a base for their financial operations, due to its beneficial conditions. Such conditions include the lowest corporate tax rate in the European Union of 10%, (0% for shipping companies with Cyprus registered ships, and 4.25% for shipping management),the minimum EU permissible V.A.T. rate of 15%, as well as a realistic approach by the local authorities. Businesses choose Cyprus , due to its reputation as a stable, safe and welcoming environment for financial services and Cyprus Accountants. The country is a member of the European Union, Eurozone, and is the least affected country by the ongoing Global Financial Crisis. Financial Services and Banking make up an elemental part of the economy. As a result, this means that Cyprus is crowded with a competitive network of financial and legal professionals who have knowledge and insights of all the possible needs of its demanding and enterprising clients.

GLOBAL EYE PROFESSIONAL ADVISORS LTD is the foremost name for incorporation and management of international business enterprises in Cyprus. click here to enter our web site

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