Corporate Administration and Management

  • Company formation and incorporation in Cyprus and other tax jurisdictions.
  • Company Representation
  • Provision of nominee shareholders, nominee directors operating under the instructions of the beneficial shareholders, registered office and local address, company secretary.
  • Secretarial services: preparation of Board of Directors minutes and shareholders’ meetings, Annual General Meetings, maintenance of shares and members registry and administration of necessary filings with the Registrar of Companies.
  • Contacting the Registrar of Companies for all necessary Corporate Actions i.e. submissions of forms and requests for certificates in compliance with the relevant legislation.
  • Provision of virtual office space including telephone lines, email and fax services


Timely recording and preparation of accounting records.

Services in this field include:

  • Maintenance of proper books and records in every major currency.
  • Preparation of monthly/quarterly/six-monthly/annual management accounts.
  • Payroll services.
  • Assistance in the set up of computerized accounting systems at client’s premises.
  • Training of staff in maintaining proper accounting records.
  • Preparation and submission of quarterly V.A.T. returns.

Value Added Tax (V.A.T) 

  • Registration with local authorities.
  • Local and international V.A.T. planning.
  • Liaising with the local authorities on behalf of our clients.
  • Administration of the V.A.T. reclaim process from EU countries.



  • Bank related services for opening deposit account in Cyprus, liaising for interest rates, provision of bank signatories and processing of bank instructions.

Audit Services

Chrysalis can arrange for the provision of Audit Services as follows:

  • Statutory audit for companies registered in Cyprus, EU and other countries based on the International Auditing Standards (IAS).
  • Preparation of company and consolidated financial statements in accordance with International Financial Reporting Standards (IFRS).
  • Evaluation of the company‘s internal control systems based on a risk based approach; identification of risks and recommendations for managing and mitigating those risks.
  • Compliance audit.
  • Special purpose audit.

Taxation Services

Our firm’s affiliates guarantees both compliance with tax authorities’ requirements and minimization of tax exposure with the provision of the following services:

  • Company tax registration with local authorities.
  • Preparation and submission of annual and provisional tax returns.
  • Liaising with the Inland Revenue on behalf of clients.
  • Local and international tax planning and advisory.

Legal Advisory and Consulting

The firm’s network includes some of the most reputable and established local legal firms, which can assist our clients in every aspect of their activities.