Business support & outsourcing

In recent decades, Cyprus has attracted foreign investment due to its stable financial and business environment. The financial and regulatory environment of the country is aligned in accordance to the European Union, and the tax system of Cyprus is compliant to the European principles. The island's banking system complies with EU Directives regulating the constitutionally independent Central Bank of Cyprus, integrated with the Eurosystem.

Running a business today is challenging. There are more distractions to cope with, more relationships to manage and less time to devote to key actions. The solution? Outsource some or all of your businesses financial and administrative functions in order to free up valuable resources and reduce costs.

BOOKKEEPING

We provide a number of bookkeeping services, from the complete outsourcing of your finance functions to maintenance of particular areas of accounts, such as bank reconciliation, debtors ledger, payroll and VAT accounts.

PREPARATION OF ANNUAL FINANCIAL STATEMENTS

We provide assistance with every aspect of your accounts function, from day-to-day processing to the preparation of accounts to meet your regulatory and compliance requirements. We work together with existing accounting staff or as a complete outsourced function, depending on your requirements.

PREPARATION OF MANAGEMENT ACCOUNTS

We provide timely management accounting services, ensuring essential information is available and can be relied upon.

BUDGET FORECASTING

We help to prepare and monitor monthly and annual budgets and forecasts, as well as provide benchmarking and analysis of key performance indicators (KPIs). We can also monitor your monthly cash requirements, implementing budgetary controls to ensure you are operating within your cash and banking resources.

FULL BACK – OFFICE SERVICES

Using integrated systems, we offer a full back - office service for all of your accounting and administrative needs. We can also offer the operation of bank accounts and general cash management, processing invoices and payments and acting as a postal address.

EMPLOYERS’ SUPPORT & PAYROLL

We provide a timely, accurate and flexible payroll service to organizations of any size. We also provide advice and support to employers on other matters including expatriate tax planning and remuneration strategies to help you attract, retain and motivate employees.

TAX COMPLIANCE

Our service includes the preparation of the tax returns and computations, so that you can meet your statutory obligations efficiently and with confidence.

VAT COMPLIANCE

We provide an efficient and cost-effective VAT service and strategic advice, which includes assistance with VAT registration, preparation and submission of VAT returns.

COMPANY SECRETARIAL

We can provide company secretarial services through an external provider, including registered office address facility, services to ensure compliance with all aspects of company law and filing requirements, as well as company formation and registration formalities.

ACCOUNTING SYSTEMS

We assist management in developing and implementing an effective accounting function through establishing appropriate accounting and financial systems in any organization.

The Moore dedicated Business Support and Outsourcing team provides a full range of services, our clients are varied, and include local, national and international organizations, both large and small, embracing every industry sector.