Funding Programs / Schemes for Cyprus Companies

Up to 60% subsidy of costs incurred

New Businesses, Buildings, Repairs, Technological Upgrades are eligible

For our non Cypriot audience, we are writing to inform you that within the next few months some of the most popular funding schemes / programs will be available for Cyprus companies and you can apply for them.

Whether an existing company or a start up we can identify the most suitable program that fits your needs and we can handle your application A to Z till you receive the funds.

Consequently, if you are planing to set up a factory, start a new business, repair your existing business or update your organisations systems and software why not saving as much as possible by taking advantage the new programs that are about to open within the next few months.

Example of eligible costs

• equipment / installations
• heavy duty equipment
• computer hardware and software
• buildings alterations
• motor vehicles
• e-commerce / website applications
• fin-tech / software companies support
• travel industry
• office/ building upgrades (electrical, kitchen, fixtures and fittings etc)
• marketing
• hiring of employees

These programs are very popular as they cover up to 60% of the initial investment of eligible costs and they have been tested in the past (wow 7 years ago!!)

Feel free to contact us for further guidance at [email protected] or call me directly at +357 99 428 543 to explain you the available options and how we can undertake the application on your behalf.

CYAUSE Audit Services Ltd

We are truly an A to Z stop for local and international companies operating in Cyprus and the rest of the world. From back office support, to Accounting, Payroll, Audit, Tax and Funding Engagements, CYAUSE Audit Services Ltd offers continuous high level services to its International and Local clients.

Our focus is not merely to keep your accounting records in shape and up to date at all times but rather to assist you prospect and grow together. This has always been our mission. This is why over the last few years we gained the expertise on government & EU grants and subsidies, to assist tour clients even further.

From the Far East to Central Europe CYAUSE Audit Services has clients from every corner of the world and specialises in the provisions of 100% support to international interest engagements and the Creation of any Company and Bank Account Anywhere in the World.

Our membership with ACCACE (European Network) and 3E International (Asian Network) ensures that we are wired and closely connecting in all jurisdictions getting the latest corporate news and tax developments ensuring our tax planing is accurate and validated before finalisation. These memberships also ensure that we have fast access to accurate information needed by our clients.

CYAUSE Audit Services is an Audit & Assurance firm with offices in Nicosia and Limassol in Cyprus.

During 2015 we have been awarded by local regulator I.C.P.A.C and the A.C.C.A (local and international association of Chartered Certified Accountants) for the Quality of our Audit Services and our Office Procedures.

Over the last years we have also been brave enough to create our own YouTube Channel which provides Explanatory Videos on Corporate Cyprus something of great value especially for overseas prospects considering relocating or setting up Cyprus Companies.

Amongst others we cover the following topics:

• Cyprus Taxation
• How to Set up a Cyprus Company
• Cyprus Tax Tips
• Business Advice
• Tax Advice
• Interviews with Businesses and many more.

This information can be obtained from our YouTube Channel called Cyprus Accountants ACADEMY.

Our website www.cyprusaccountants.com.cy also provides a plethora of tax information about various jurisdictions as well as Cyprus Tax Calculators and Access to our Articles which you can use at your own time.

If you would like us to assist you applying for funding or any other related matter contact us at [email protected] or call us at +357 22 336 321.

Thank you,

Kyriakos Tramountanellis

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