About M.Papadakis & Co.

We are established as a Firm of Certified Public Accountants since 1985.

Over the years we have experienced substantial growth and today we have a large number of clients both local and international.

Our clients are both listed companies in the Cyprus Stock Exchange as well as private companies, which have been able to benefit from the favorable tax regime in Cyprus and maximize their worldwide profits.

The founder and Managing Partner of the Firm is Mr. Michael Papadakis who has qualified as a Chartered Accountant in London almost 30 years ago. He has since then acquired a substantial amount of experience in the field of auditing and international tax planning, working with clients from all over the world.

We perform our work based on International Financial Reporting Standards, International Standards on Auditing and in accordance with Cyprus Laws and Regulations.

Our internal controls and procedures ensure high quality of services and the protection of our clients’ assets and records.
Our confidentiality policy is that no client information is revealed to third parties under any circumstances, unless expressly authorized by the client to do so.

Our Services

Audit

Audit and Financial Reporting

Our work as professional auditors includes the examination of financial statements regarding their truth and fairness. We will then prepare our report based on our findings.
In our effort to offer our clients a value added service we try to provide them, not just with an annual audit exercise required by law, but with advice on systems and procedures that can be improved within the company.

International Financial Reporting Standards

In Cyprus, IFRS’s have been a practice for many years now. Initially, IFRS’s were required by the Institute of Certified Public Accountants and now they are also required by local legislation.
Our office has all the expertise required to prepare Financial Statements according to International Financial Reporting Standards.

Tax

 Corporate Tax

This is usually a major cost for businesses and individuals.

Our experienced staff will help you minimize that cost by proposing the best possible strategy based on your company’s requirements and the favorable Cyprus tax regime.

Our aim is through our knowledge and years of experience to minimize our clients tax liability and make the best of any tax saving opportunity that may arise.

VAT
We offer our clients start to finish VAT services providing

  • VAT registration
  • Preparing VAT returns and reclaims where needed
  • Advise on VAT saving opportunities

Advisory Services

 

We provide our clients with confidential and on the spot advise on any issue their company may be facing.

In addition we are always available to perform, on behalf of our clients:

  • Feasibility studies
  • Company Valuations
  • Due diligence engagements
  • Computer services by offering assistance in installing and implementing computerized accounting systems.

Our Services

Audit

Audit and Financial Reporting

Our work as professional auditors includes the examination of financial statements regarding their truth and fairness. We will then prepare our report based on our findings.
In our effort to offer our clients a value added service we try to provide them, not just with an annual audit exercise required by law, but with advice on systems and procedures that can be improved within the company.

International Financial Reporting Standards

In Cyprus, IFRS’s have been a practice for many years now. Initially, IFRS’s were required by the Institute of Certified Public Accountants and now they are also required by local legislation.
Our office has all the expertise required to prepare Financial Statements according to International Financial Reporting Standards.

Tax

 Corporate Tax

This is usually a major cost for businesses and individuals.

Our experienced staff will help you minimize that cost by proposing the best possible strategy based on your company’s requirements and the favorable Cyprus tax regime.

Our aim is through our knowledge and years of experience to minimize our clients tax liability and make the best of any tax saving opportunity that may arise.

VAT
We offer our clients start to finish VAT services providing

  • VAT registration
  • Preparing VAT returns and reclaims where needed
  • Advise on VAT saving opportunities

Advisory Services

 

We provide our clients with confidential and on the spot advise on any issue their company may be facing.

In addition we are always available to perform, on behalf of our clients:

  • Feasibility studies
  • Company Valuations
  • Due diligence engagements
  • Computer services by offering assistance in installing and implementing computerized accounting systems.

Carreers

The majority of our staff has been with us for many years. We have learnt that by investing in people it is ultimately an investment in the prosperity of our own business.  

We are an ACCA Approved Employer for the training of Chartered Certified Accountants which helps us employ high caliber individuals.

We offer excellent working hours which include three afternoons off, we offer competitive remuneration packages and we reward our staff based on their work and performance.

If you feel that you are looking for a long term commitment, where your work will be appreciated and rewarded, then we will be more than happy to welcome you to our team.

Contact Us

If you have further questions, desire more information, or want to speak with one of our advisors please contact us using the below details.