Gold Magazine June - July 2013, Issue 27 | Page 20

8 3 COVER STORY ERNST & YOUNG Ernst & Young is a global leader in assurance, tax, transaction and advisory services, employing 152,000 people worldwide. The firm combines leading practices, methodologies and tools, together with fresh thinking, tailoring its services to its clients’ business needs. In Cyprus, where the firm’s origins date back to the 1930s, it has an excellent reputation amongst the local business community as a high quality provider of professional services from offices in 1 7 6 Nicosia and Limassol. Number of Employees: 176 Managing Directors: Andreas Demetriou Number of Partners: 12 Head Office: Nicosia Tower Centre 36, Byron Ave., 1096 Nicosia Tel: [phone] Fax: [phone] Website: www.ey.com e-mail: ey.cyprus @cy.ey.com GRANT THORNTON CYPRUS 9 Grant Thornton is one of the world’s leading organisations of independent assurance, tax and advisory firms, employing over 35,000 people in 120 countries. For over 70 years, the people of Grant Thornton Cyprus have been providing a full range of assurance, tax, specialist advisory and outsourcing services to clients ranging from public companies and multi-nationals, to government agencies and private businesses across a broad spectrum of industries.   Number of Employees: 95 Managing Director: Stavros Ioannou Number of Partners: 7 Head Office: 41-49 Agiou Nicolaou St., Nimeli Court, Block C, Engomi, Nicosia Tel: [phone] Fax: [phone] Website: www.gtcyprus.com e-mail: [email protected] KPMG No.2 Andreas Christofides is Managing Director, KPMG Ltd 0 56 K TREPPIDES & CO LTD A pioneer in providing audit, tax, accounting, legal, consulting and financial advisory services to international companies in Cyprus, the firm was established in 1985 and has continued to grow as the sector has expanded. Constantly reinventing itself to ensure that it remains at the forefront of the market, it is currently one of the leading regulatory compliance advisory firms on the island with a significant share of CySEC licensed investment firms. Number of Employees: 170 Managing Director: Kikis Treppides Number of Partners: 2 Head Office: Treppides Tower, 9 Kafkasou St., Aglandjia, 2112, Nicosia Tel: [phone] Fax: [phone] Website: www.treppides.com e-mail: info@ treppides.com 7 =10 MGI GREGORIOU & CO Established in 1973, the firm is recognised as one of the leading accounting, auditing, tax and business advisors in Cyprus with offices in all cities. It services clients listed on international stock exchanges, High Net Worth Individuals from all over the world, and reputable and prestigious c ompanies active in all industries in Cyprus. The combination of experience, professional expertise, efficiency and the personal approach of management is the cornerstone of the firm’s success. Number of Employees: 85 Managing Director: Andreas Gregoriou Number of Partners: 5 Head Office: Greg Tower, 7, Florinis St., 1304 Nicosia Tel: [phone] Fax: [phone] Website: www.gregoriou.com e-mail: [email protected] TOP 50 ACCOUNTING, AUDIT, TAX & ADVISORY FIRMS IN CYPRUS Andreas Christofides: Cyprus is well known for its highlyeducated workforce and its world-class quality services that are provided to investors. At the moment there are more than 3.000 professionals, all members of reputable international professional bodies. It is admitted, even by competitive centrEs, that Cypriot professionals respond quickly and efficiently to the needs of both local and foreign investors. Despite the recent changes in corporation tax, Cyprus still has one of the most friendly tax systems in Europe with no taxation imposed on the sale of shares, full participation exemption on dividend income, no withholding tax on dividends, interest and royalties, no thin cap rules, no exit charges, effective tax on royalty income of 2.5%, interest income being taxed only on a thin margin and so many other benefits including the very beneficial shipping regime. It is also an ideal place for establishing investment funds and financial services companies. The Best-Run Businesses Run SAPTM 18 Gold THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS BDO LTD 8 BDO Ltd is the Cyprus member firm of BDO International, the 5th largest accountancy network in the world, which employs almost 48,800 people in 1,118 offices in 135 countries. More than 100 professionals in Cyprus offer a wide range of audit, tax, accounting and advisory services to companies of all sizes. BDO combines the personal characteristics of a local firm with the expertise, worldwide network and strength of a large-scale global player. Number of Employees: 100 Managing Directors: Karlos Zangoulos, Rois Potamitis Number of Partners: 7 Head Office: Antonis Zenios Tower, 1, Erechthiou St., Engomi, Nicosia Tel: [phone] Fax: [phone] Website: www.bdo.com.cy e-mail: [email protected] HORWATH =10 DSP Horwath DSP Ltd offers audit, tax, risk and advisory solutions to a diverse clientele in Cyprus, the region and the world. As a member of Crowe Horwath International, it can draw on the know-how of a worldwide network of 160 independent accounting and advisory services firms in over 100 countries. The combination of local and regional talent, coupled with the network’s global reach, provides clients with all the expertise and capabilities they need. Number of Employees: 85 Managing Director: Yiannis Demetriades Number of Partners: 5 Head Office: 8, Stassinos Ave., 1st Floor, Photiades Business Centre, 1060 Nicosia Tel: [phone] Fax: [phone] Website: www.crowehorwath.com.cy e-mail: [email protected]