We Welcome you
Dear Visitor, We welcome you to our website.
AuditLine Limited is an established audit firm of qualified auditors, accountants and business consultants, providing services for the last twenty five years.
The company’s main line of services is in the audit, tax and business advisory for multinational companies both local and international.
Our audit, accounting and tax experience range extensively in retail, investment, finance, aircraft leasing, construction, manufacturing, minerals, gas and petrol, banking and services industry companies.
Audit and Assurance
Based on the Companies Law in Cyprus, every incorporated company in the Republic of Cyprus is obliged to submit annually to the Inland Revenue its audited financial statements, which must be prepared by licensed auditors eligible to perform statutory audits. Audit/accountancy licenses are granted ...
Accounting
Accounting services are available for companies that would not like to bear the cost of maintaining an accounting and bookkeeping department. We strongly believe that the provision of timely and accurate financial information is crucial for businesses in order to: Avoid manual intervention & thus reducing the risk of errors ...
Corporate and Personal Taxation
Our firm offers Taxation Services to Companies and Individuals. Taking into consideration the Cyprus Taxation Law, in combination with Double Tax Treaties available to Cyprus Companies, and the EU directives, we provide advice and guidance on various tax matters and assistance for effective tax planning.
Payroll & Social Insurance
Our firm provides Payroll and Social Insurance services to Companies which employ staff in Cyprus and abroad. Our payroll services includes: Advice for employers and employees Registration of employer and employees with the inland revenue department
Virtual Office
AuditLine Limited can provide to its clients everything that is necessary to set up and operate a Virtual Office. Virtual officeservices vary from a personal business address, fax and telephone lines to Internet services which can all be used on business cards, letterheads and other marketing materials.
VAT and VIES
The VAT aspects of transactions between companies within the European Union (EU) and other transactions involving EU companies are becoming more complex. The VAT implication on the transactions of the companies is taken into consideration on the tax planning for a Group of Companies...
Announcements
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CYPRUS BENEFICIAL OWNERS REGISTER: CONFIRMATION OF DETAILSOctober 21, 2024 Read more...The Department of the Registrar of Companies and Intellectual Property (DRCIP), announced ...
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ULTIMATE BENEFICIAL OWNER REGISTRYNovember 30, 2022 Read more...
On 22 November 2022 the European Court of Justice ruled that making personal data available to third parties constitutes an interference with Article 7 of the Charter of Fundamental Rights
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AUDIT OF SMALL COMPANIESSeptember 12, 2022 Read more...
A significant update to the Companies Law, CAP. 113, has been passed by the House of Representatives in respect to companies’ submission of financial statements for review instead of audit.
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SIF INCREASE & NHIS CONTRIBUTIONS COMMENCE (2019)June 18, 2020 Read more...
With this circular we would like to inform all of our associates that in 2019, an increase in Social Insurance Fund (SIF) contributions will come in effect and that contributions for the implementation of the National Health Insurance System (NHIS) will commence on the 1st of March 2019.
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AMENDMENTS EU ANTI-TAX AVOIDANCE DIRECTIVEJune 18, 2020 Read more...
Amendments to the Income Tax Law for the implementation of the EU Anti-Tax Avoidance Directive Issue N-7-2019, 9 April 2019.
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SOCIAL INSURANCE, NATIONAL HEALTH INSURANCE SYSTEM AND PERSONAL INCOME TAXJune 18, 2020 Read more...
We would like to inform you of the below important changes in relation to Social Security and National Health System (GESY) contributions and the personal income Tax.
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ABOLISHMENT OF MINIMUM MARGINS ON BACK-TO-BACK LOANSJune 18, 2020 Read more...
In accordance with a letter issued by the Cyprus Tax Department (CTD) to the Institute of Certified Public Accountants of Cyprus (ICPAC), the guidance as to the minimum profit margins the CTD would be willing to accept in back-to-back loan transactions (“the back-to-back regime”) will be abolished as of 1 of July 2017.
News
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CYPRUS BENEFICIAL OWNERS REGISTER: CONFIRMATION OF DETAILSOctober 21, 2024 Read more...The Department of the Registrar of Companies and Intellectual Property (DRCIP), announced ...
-
AUDIT OF SMALL COMPANIESSeptember 12, 2022 Read more...
A significant update to the Companies Law, CAP. 113, has been passed by the House of Representatives in respect to companies’ submission of financial statements for review instead of audit.
-
SIF INCREASE & NHIS CONTRIBUTIONS COMMENCE (2019)June 18, 2020 Read more...
With this circular we would like to inform all of our associates that in 2019, an increase in Social Insurance Fund (SIF) contributions will come in effect and that contributions for the implementation of the National Health Insurance System (NHIS) will commence on the 1st of March 2019.
-
AMENDMENTS EU ANTI-TAX AVOIDANCE DIRECTIVEJune 18, 2020 Read more...
Amendments to the Income Tax Law for the implementation of the EU Anti-Tax Avoidance Directive Issue N-7-2019, 9 April 2019.
-
SOCIAL INSURANCE, NATIONAL HEALTH INSURANCE SYSTEM AND PERSONAL INCOME TAXJune 18, 2020 Read more...
We would like to inform you of the below important changes in relation to Social Security and National Health System (GESY) contributions and the personal income Tax.
-
ABOLISHMENT OF MINIMUM MARGINS ON BACK-TO-BACK LOANSJune 18, 2020 Read more...
In accordance with a letter issued by the Cyprus Tax Department (CTD) to the Institute of Certified Public Accountants of Cyprus (ICPAC), the guidance as to the minimum profit margins the CTD would be willing to accept in back-to-back loan transactions (“the back-to-back regime”) will be abolished as of 1 of July 2017.