Where Quality Meets Trust
Audit & Assurance Engagements
NovoFin Audit & Consulting qualified auditors and team are ready to execute and perform statutory, non-statutory and other related assurance engagements based on International Auditing & Assurance Standards (ISA’s) and International Financial Reporting Standards (IFRS’s) as well international Audits based on the domestic requirements throughout the in-house team or its associates.
Our portfolio of services includes:
✔ Statutory Audits under Cyprus Companies Law 113 and local TAX requirements
✔ Statutory Audits of Regulated Companies under CySec and other Jurisdictions
✔ Non Statutory Audits for special purposes demands
✔ Preparation of Financial Statements
✔ Assurance Reports and opinions
✔ Forensic Audits
✔ International Audits
Accounting Services
NovoFin Audit & Consulting offering full solution for Bookkeeping and Accounting matters either you choose to fully outsource it or you need support services on your Accounting Department. Our company provides high standards of ongoing support which add value to your business, more than just accountants.
✔ Fully Outsource Accounting & Bookkeeping services based on International Financial Reporting Standards
✔ Multicurrency Accounting Preparation
✔ Accounting for Regulated Companies & Specialized Industries
✔ VAT and VIES preparation and filing of all statutory reports
✔ Support & Management Services
Regulated Entities
Our Firm and its strong network has extensive experience and competences to fully support and guidance you to the heavily increased requirements of Regulatory markets, to comply with statutory requirements, as well to improve and optimize your structure. With deep understanding and background in this field we can assure that you will get real vale on all aspects or your operations.
✔ Authorization and Licensing procedure ( EU and Non EU)
✔ External Audits
✔ Internal Audits
✔ Compliance Support
✔ Risk Management
✔ Anti Money Laundering
✔ Optimization of corporate and tax structure
✔ Funds Administration
Consulting & Advisory
In NovoFin Audit & Consulting we understand that is essential for organizations to overcome their challenges and difficulties that come from the nature of the business and the environment that they are operating, our team of experts is focus to understand the needs of each client and respond in an efficient and constructive manner that helps your organization on increasing revenue and growth. We can assist you in crucial decisions, assess your risk, evaluate information, design controls implement measures, and be a reliable partner for your business.
✔ Corporate Advisory & Structure
✔ Tax advisory
✔ Independent evaluations
✔ Project Management
✔ Investment Scheme advisory
✔ Regulated Markets
✔ Due Diligence, Mergers & Acquisitions
✔ Business Plan and Projections
✔ Consultation on daily operational matters
✔ Negotiations, Conflicts, Litigations
✔ Internal Controls
Taxes and VAT compliance
NovFin Audit & Consulting tax experts will ensure that you will fully comply with the most recent Tax & VAT requirements, filling the statutory reports, support you on tax structuring, liaising with tax authorities and provide you a high level of consulting in Global and domestic level.
✔ Tax & VAT registrations
✔ Tax Certificates
✔ VAT & VIES preparation & submission
✔ Capital gains Tax
✔ Personal Income Tax returns
✔ Corporate Income Tax returns
✔ Tax & VAT rulings
✔ Corporate tax structures
✔ Personal tax structure optimization
✔ Tonnage Tax (Shipping Industry)
Payroll Services
A company’s payroll and employees relationship is crucial for the smooth operation of an organization, we offer full outsource payroll services in a confidential and reliable framework.
✔ Monthly payroll preparation
✔ Calculation of PAYEE and NHS (National Health System)
✔ Payslips
✔ Registration employees to Social Insurance
✔ Payments to Social Insurance Department & Tax Authorities
✔ Preparation of employer’s Return IR7
✔ Preparation of employees Return IR1
Banking
In one of the most difficult areas of our days, our team of professionals and network can assist you in banking applications and recommend you solutions based on your personal & business-specific characteristics.
✔ Processors, Payment Providers, EMI’s
✔ Global Banking
✔ Domestic Banks
Professional Training
Professional development helps your organization and its employees to be competent and ensure that your skills and knowledge are up to date which leads you to achieve the short term and your l, NovoFin is offering tailor-made professional training based on each organization needs
✔ Accounting standards
✔ Accounting & other related software
✔ Tax & VAT legislation
✔ AML compliance
✔ Internal Controls
✔ Administration