Our Clients: Corporate Support Services

Our Corporate Support Services (CSS), which employs among others, accountants and other qualified staff and engages selected lawyers with extensive and specialised knowledge in corporate law and other business related matters, aims at delivering full support and solutions that combine the required experience with commercial insight thus adding value to the clients’ business.
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CSS provides an important support to our clients and enjoys high growth rates. Annual revenues in FY11 have reached €3.4m. Statutory compliance support is of utmost importance to clients throughout their business dealings. We are able to help enterprises respond to these challenges allowing them to focus on the areas of their business which are key to profitable growth. We aim at understanding our clients’ business and the various factors that affect it, as well as keeping ourselves updated with local and international statutory and business developments. In this way, we can help our clients attain an excellent understanding of the implications of such issues on their business. Towards the same end, we constantly seek to develop our connections and knowledge. |
Our services include corporate statutory compliance, mergers, acquisitions and re-organisations planning support, due diligence reports, contract drafting, support and assistance in respect of sale and purchase agreements of immovable properties, assistance to international tax experts on company structures, guidance on money laundering issues, support and assistance in relation to trusts and wills and the administration and execution there of, employment services and immigration issues, guidance and assistance on incorporations in Cyprus and other jurisdictions and tax and VAT legal compliance. For the offering of a number of these services there is close co-operation with the Legal PwC Network member firm, which has set up offices in Cyprus. In providing our services, we apply stringent risk management procedures and at the same time facilitate full adherence to auditor independence requirements.
Our highly professional methodology incorporates/offers the engagement of lawyers as part of an integrated team of professionals, and applies specialized knowledge on business related law matters. Tailor-made support and assistance founded on commercial and legal experience provides assurance as to the quality of the service provided. We strive to offer cost effective and innovative solutions to our clients. Cooperating closely with the firm’s other departments, CSS provides legal support as required. We work with our clients to implement new projects, coordinating advice across multiple jurisdictions and obtaining regulatory approvals for the establishment of new businesses, products and procedures.
During the last year we have been very successful in extending our services to non assurance clients (Channel II clients) increasing at the same time our client base from various countries that have established business in Cyprus. We aim to continue our efforts in order to increase our client base from these territories as well as from new ones.
Our clients include some of the largest multinational companies in the world and we service many different industries including wholesale and retail trading, financial services, consulting firms, engineering and construction and hospitality. The CSS team in Cyprus works together with the global GCS and Tax teams which enables us to provide a rapid and efficient service to our multinational clients.
Despite the setback from the present global economic crisis we expect the CSS team and revenues to continue growing, given the ever increasing regulations in the corporate environment and the challenges in the local economy.