Financial Services

Maintaining accurate financial records and ensuring tax compliance is essential for business success. We provide comprehensive accounting and tax solutions that streamline your financial operations and help you meet regulatory requirements with confidence.

• Accounting & Bookkeeping: Accurate and timely financial record-keeping to ensure compliance with accounting standards. Our services include preparation of ledgers, reconciliation of accounts, and generation of financial reports to support decision-making.
• VAT Compliance: Preparation and submission of VAT returns to ensure compliance with Cyprus VAT laws. We assist businesses in handling VAT registrations, filing accurate VAT returns, and ensuring compliance with VAT payment obligations.
• VIES Compliance: Assistance with VAT Information Exchange System (VIES) reporting for cross-border transactions. We ensure that businesses meet their reporting requirements for intra-community trade, reducing the risk of penalties.
• Payroll Services: Managing payroll processing, salary calculations, social insurance contributions, and compliance with Cyprus labor laws. We provide end-to-end payroll management, including salary structuring and benefits administration.
• Tax Compliance: We assist businesses and individuals in fulfilling their tax obligations, preparing tax returns, and ensuring adherence to Cyprus tax laws while identifying potential tax-saving opportunities.(Corporation Tax, Income Tax, Special Defense Contribution (SDC), Capital Gains Tax).
• Tax Clearance Certificates: Assistance in obtaining tax certificates for businesses and individuals such as Tax Clearance certificates, Tax Residency certificates as well as Non-Dom certificates.

In addition to our core financial services, we offer a range of corporate solutions designed to support businesses in achieving operational efficiency and regulatory compliance.

• Corporate Services: We assist with company formations, corporate governance, and regulatory compliance to ensure smooth business operations in Cyprus and internationally. Discover our Corporate services
• Banking Services: Our team provides guidance on corporate banking solutions, assisting with bank account openings, compliance requirements, and financial transaction structuring. Discover our Banking Services

At Michael Chambers & Co. LLC, our financial services are designed to provide clarity, compliance, and financial growth. Our team of experts is committed to delivering reliable financial solutions tailored to our clients needs. 

Here’s why our clients trust us:

• Industry Expertise: Our team consists of experienced financial professionals with in-depth knowledge of Cyprus regulations and international financial standards.
• Client-Centric Approach: We prioritize our clients’ needs, providing personalized solutions that align with their business goals.
• Comprehensive Services: We offer a full suite of financial services under one roof.