about SKY audit
Sky Audit is an independent professional firm based in the capital of Cyprus, Nicosia, specialized in the fields of Accounting, Audit, Tax and Advisory Services aiming to provide innovative turnkey solutions and high caliber services to its global and local clientele.
Sky Audit can act as a “one stop shop” offering all the required services in connection to the formation and administration of Cyprus Companies. By establishing close collaboration and personal approach with our clients we are able to understand their businesses and provide value added services tailor made to their needs.
Every client is treated with the highest level of professionalism and personal care irrespective of their volume and size.
Sotos is a fellow member of ICAEW as a Chartered Accountant (FCA) and a member of the Institute of Certified Public Accountants in Cyprus (ICPAC). He holds a B.Sc. in Economics and Accounting from the City University London.
Having worked with a leading and prestigious professional firm in Cyprus for many years he gained extensive experience in audit and tax engagements at various levels. Clients included local and international groups/companies within the trading, investment holding and financing sectors.
He is involved in the audit and assurance department along with international tax planning and structuring services.
Yiannis is a member of the Chartered Certified Accountants and member of the Institute of Certified Public Accountants in Cyprus (ICPAC). He holds a B.Sc. in Finance degree from the University of Cyprus. Having worked with leading and prestigious professional firms in Cyprus for many years and through his exposure with a varied and numerous form of clientele both in the audit & assurance and tax departments he has gained considerable experience in the fields of international tax planning, tax compliance and audit & assurance.
Cyprus is a respected, well established international jurisdiction for business as a result of the advantages offered by a favorable tax regime, a business-friendly legal and regulatory framework, its strategic location and the high level of skilled professional workforce.
The country is one of the leading business destinations in Europe and an international financial centre, acting as a gateway to Europe, Asia and Africa.
Our office can facilitate the establishment of your company in Cyprus and assist you in taking advantage of the above benefits in the most efficient way, through the wide spectrum of services we offer either directly or through associates.
Pro-business legal framework, based on UK common law and aligned with the EU laws and regulations
One of the most attractive, simplified and transparent tax systems in Europe, yet fully compliant with the EU laws and regulations
Profits taxed in the same way as local companies at only 12.5%
No withholding tax on dividends, interest and royalties paid from Cyprus
More reasons to choose Cyprus
Cyprus is a member of the European Union
A reputable country with an excellent climate and a strategic location
Relatively lower operating costs for top quality servicesAccounting and Legal transparency
Extensive tax exemptions through a wide Double Tax Treaty network
Tax-free management of shipping vessels registered in Cyprus
VAT exemption on most international transactions
No stamp duty on normal trading activity
No taxes for the repatriation of profits from Cyprus companies to non-residents
Group tax relief provisions with no time restrictions in carrying forward tax losses
Dividend income and profits from the sale of shares are exempt from tax
Profits from overseas permanent establishments are exempt from tax
Excellent commercial infrastructure, banking and workforce capabilities
Bank accounts offered in multiple currencies
Attractive regulations for residency and citizenship acquisition by non EU resident
Audit & Assurance Services
The integrated Assurance and Advisory practice services local and international clients and private companies. We use our knowledge of our clients to deliver our solutions to their needs.
Assistance in the preparation of Financial Statements in accordance with International Financial Reporting Standards (IFRSs)
Assistance in the preparation of Consolidated Financial Statements in accordance with IFRSs
Issuance of audit reports in accordance with International Standards on Auditing (ISA)
Evaluation of internal controls and procedures and reporting on any deficiencies
We offer a range of tax services, from corporate tax consulting, to personal taxation including tax declarations and compliance work, designed to meet the needs of our clients. We deliver a proactive, cost-effective service which assists clients with their filing obligations and minimizes tax leakage, getting close to our clients and understanding their business and objectives.
We can assist you with the preparation of your corporation tax computation and return in a timely and efficient manner, ensuring your compliance obligations are met and that you have claimed the maximum tax relief available.
Within a business world of rapid development and instability, advisory services are becoming
increasingly important to the successful completion and effective implementation of business
and corporate strategies. Through a wide range of integrated Advisory Services, we identify our
clients’ needs and offer solutions that can be applied immediately and effectively.
BUSINESS RISK SERVICES
RECOVERY AND REORGANIZATION
FORENSIC AND INVESTIGATION SERVICES
MERGERS AND ACQUISITIONS
Many job opportunities arise through out the year in our organization. We seek to find the right person for the right job since we recognize that our most valuable asset is our people.
We also undertake the recruiting process for some of our clients. Please feel free to get in touch with us with completing the form below.