Premioserve is based in Limassol, Cyprus, and is a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). The founders' partners of the Company are members of a number of professional associations including the Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Certified Public Accountants (ICPAC). The firm was established in 2008, its team offers a full range of audit, accounting, taxation, and advisory services to clients across a wide range of industries.
Prior to establishing the Company, the three founders accumulated extensive knowledge and experience in the accounting, tax, and auditing profession through their employment in a big four firm in Cyprus. The professional staff is comprised of qualified accountants and trainees from the UK’s two leading professional associations, namely the Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Chartered Certified Accountants (ACCA) with university degrees and an extensive experience in the field of accounting, auditing, taxation, and advisory.
The Premioserve Team offers specialized skills and expertise and its mission is to work with its clients in an environment founded on respect and trust, providing them with the absolute best financial and business information they need to achieve their objectives.
Amendments in the Cyprus Notional Interest Deduction (NID) rules
On 5 January 2023 the Cyprus Tax department (CTD) issued a circular (1/2023) which terminates the application of “safe harbours” on back-t...