Gold Magazine June - July 2013, Issue 27 | Page 22

8 3 COVER STORY 1 7 0 56 Marios Klitou: The accounting profession in Cyprus is world class because it is dominated by holders of the internationally recognized qualifications of Chartered and Certified Accountants of the UK who have significant experience in the highest standards of accounting and auditing, in view of the fact that Cyprus has followed International Financial Reporting Standards and the International Standards on Auditing since the year 1981. Cyprus will remain an important International Business Centre because of its unique advantages: its skilful people, its legal system which is founded on English law aligned with EU Directives, being a member of the EU, and its geographical location. In addition, Cyprus has a business-friendly tax system with a corporate tax rate of 12.5%, one of the lowest in the EU, and an extensive network of double tax agreements. The recent discovery of natural gas in the country’s Exclusive Economic Zone will certainly contribute to greater investment activity. Marios Klitou is CEO, Baker Tilly Klitou TOP 50 ACCOUNTING, AUDIT, TAX & ADVISORY FIRMS IN CYPRUS No.5 TILLY KLITOU BAKER PKF Savvides & Co Ltd 16 JOANNIDES + CO Established in 1979, it is a member of AGN International Ltd., a worldwide association of independent accounting and consulting firms. One of the largest accounting firms in Cyprus, it is a leading provider of distinctive, high-quality professional audit, taxation, accounting, management consultancy, corporate finance and IT services to clients from its offices in Nicosia, Limassol and Larnaca. The firm’s stated objective is to add 18 15 significant value to its clients’ business performance. Number of Employees: 60 Managing Director: Lefkios Joannides Number of Partners: 3 Head Office: 13, Agiou Prokopiou St., 2406 Engomi. Nicosia Tel: [phone] Fax: [phone] Website: www.joannides.com.cy e-mail: [email protected] INTERTAX AUDIT InterTaxAudit is a Nicosia-based firm of professional qualified Auditors, Tax Consultants and Business Advisors. Founded in 2002, it has since undergone substantial expansion and now offers a range of services including statutory audit, international tax planning and management consultancy services. Its clients are mostly international business companies of varying size, origin and activity. Its stated objective is to add significant value to their business performance and to provide quality client care. Number of Employees: 50 CEO: Aris Theophanous Number of Partners: 4 Head Office: Navarino Business Centre, 18, Navarinou St., Agios Andreas, 1100 Nicosia Tel: [phone] Fax: [phone] Website: www.intertaxaudit.com e-mail: [email protected] LOGO PKF International is an international network of independent firms of accountants and business advisors, currently represented in Cyprus by two member firms, PKF Savvides & Co Ltd in Limassol (established in 1979) and PKF ATCO Ltd in Nicosia (established in 1998). Both firms provide audit, tax and consultancy services to clients ranging from small businesses, start-ups and sole entrepreneurs to public companies and multinationals, many of which are engaged in international operations. D.I. ROSS & CO LTD (DI Ross) This Limassol-based independent firm of Chartered Certified Accountants and registered Chartered Tax Advisers was founded by Demetris Ioannides, who also founded Deloitte, Cyprus in 1988, serving as Managing Partner and subsequently as Executive Chairman until 2005. The firm employs a team of around 51 qualified accountants, economists, mathematicians and university graduates. DI Ross places great emphasis on delivering a seamless service and on training younger personnel through a structured program for further development and qualifications. Number of Employees: 51 Managing Partner: Demetris Ioannides 17 Number of Partners / Directors: 4 Head Office: Eftapaton Court, 256, Archbishop Makarios III Ave., 3105 Limassol Tel: [phone] Fax: [phone] Website: www.di-ross.com e-mail: [email protected] MOORE STEPHENS STYLIANOU 19 Moore Stephens International is one of the world’s major accounting and consulting networks with 299 independent firms in 101 countries. Member firms share the common values of integrity, personal service, quality, knowledge and a global view. For over 30 years, Moore Stephens Stylianou & Co has been providing cus- The Best-Run Businesses Run SAPTM 20 Gold THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS Number of Employees: 58 Managing Director: Christos Antoniou Number of Partners: 6 Head Office: Meliza Court, 4th, 5th and 6th floor 229, Archbishop Makarios III Ave., 3105 Limassol Tel: [phone] Fax: [phone] Website: www.pkf.com.cy e-mail: [email protected] tomers with innovative, high quality services from traditional assurance services to large consultancy projects, international tax planning, information technology and business strategy. Number of Employees: 40 Managing Partner: George Stylianou Number of Partners: 4 Head Office: Iris Tower, Office 602 58, Archbishop Makarios III Ave., 1076 Nicosia Tel: [phone] Fax: [phone] Website: www.msc yprus.com e-mail: [email protected]