We realize that clients want an advisor who provides more than just accounting solutions. Our qualified personnel offer specialized skills and expertise and our mission is to work with our clients in an environment founded on respect and trust, providing them the absolute best financial and business information they need to achieve their objectives.
Accounting for numbers accurately, objectively and with integrity is at the heart of our business. But we are also professional, prepared, attentive and ready to deliver our services with passion, respect, integrity, discipline and excellence. With Premioserve you get a trusted accounting and audit firm that understands your business and provides unmatched client service.
Our professional staff is comprised of qualified accountants and trainees from the UK’s two leading professional associations, namely the Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Chartered Certified Accountants (ACCA) with university degrees and an extensive experience in the field of accounting, auditing, taxation and advisory.
Introduction On 6 July 2023 the Cyprus Tax Department issued a circular (6/2023) that introduces simplification measures (simplified transfer pricing documentation and option to apply safe harbor rates) for taxpayers that are exempted from the obligation of preparing a TP Local file. The simplification measures apply as from 1 January 2022. These simplification measures relate to: These are further explained below. Further on 1 February […]
On 5 January 2023 the Cyprus Tax department (CTD) issued a circular (1/2023) which terminates the application of “safe harbours” on back-to-back financing transactions with related parties. The termination applies from 1 January 2022 onwards. The “safe harbours” being either an after-tax return of 2% on loans granted to related parties (for pure intermediary financing companies) or a 10% after tax return on equity (for […]
On 30 June 2022, Cyprus has introduced provisions for implementation of transfer pricing regulations in Cyprus by amending the current Cypriot Income Tax & Assessment and Collection laws. The effective date of the TP legislation is the 1 January 2022. The main purpose of the introduction of the TP legislation is the alignment of the Cypriot Tax laws with OECD guidelines against Base Erosion and […]
Formed in 2008, Premioserve provides a full range of audit, accounting, tax and advisory services to clients in a wide range of industries.
We provide innovative solutions for our clients to help them achieve their personal and business financial goals. Premioserve is based in Limassol, Cyprus and is a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). The founders of the Company are members of a number of professional associations including the institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Certified Public Accountants (ICPAC).
Prior to establishing the Company, the three founders accumulated an extensive knowledge and experience in the accounting, tax and auditing profession through their employment in a Big four firm in Cyprus. Our professional staff is comprised of qualified accountants and trainees from the UK’s two leading professional associations, namely the Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Chartered Certified Accountants (ACCA) with university degrees and an extensive experience in the field of accounting, auditing, taxation and advisory.
Our ACAs and ACCAs offer specialized skills and expertise and our mission is to work with our clients in an environment founded on respect and trust, providing them the absolute best financial and business information they need to achieve their objectives.
