Gold Magazine November - December 2013, Issue 32 | Page 56

SPECIAL ADVERTISING FEATURE

Costas Christoforou - General Manager

ABOUT US
The Cyproman group of companies
commenced operations in 1996. Initially it concentrated on providing trustee services. Gradually, it has expanded to offer a wider range of services,
accommodating the business needs of
today’s entrepreneurs.
Cyproman has fully-fledged offices
in Nicosia and Larnaca, employing
more than 70 professionals and staff,
and offers similar services in Limassol
through its subsidiary firm C.P. Palema

Ltd. Over the last few years, both Cyproman & Palema have become two of
the largest providers of Fiduciary and
Administration services to a well diversified clientele in Cyprus.
Cyproman offers Fiduciary, Trustee,
Company Secretarial, Administration,
Accounting & Bookkeeping, Payroll
and Fund Administration services.
Fiduciary and Trustee services
include the implementation of all formalities surrounding the formation of
appropriate business entities in the

most advantageous jurisdictions, the
provision of domiciliary and management services, trustee and escrow
agent services, as well as any required
facilities to suit diverse client needs.
Company Secretarial and Administration services consist of organising and facilitating directors’ and
shareholders’ meetings, along with
the preparation of the relevant minutes and supporting documentation,
as well as the preparation of requisite
documentation reflecting changes in
the structure and composition of a
business entity and the implementation of such, internally and externally,
in accordance with the law and the
local authorities of the jurisdiction in
which the business entity is registered
and functioning. In addition, such services comprise the opening, operation
and maintenance of bank accounts
with any local or international bank,
the issuance of invoices, credit notes,
purchase orders and any other such
documents, the provision of translation
services for most European languages,
liaising facilities with bank officers, advocates and other professionals, and
assistance on private banking information through banks and prestigious
financial services firms.
Accounting and Bookkeeping
services range from recording all dayto-day bookkeeping, maintaining a
computerised general ledger and performing bank reconciliations of all bank
accounts, to preparing and submitting
VAT returns and VIES declarations,
preparing periodic management accounts and annual unaudited Financial
Statements, as well as payment of
requisite taxes.
As experienced professionals who
appreciate that the confidential, accurate and timely operation of a