CONFICTA SERVICES LTD

“SUCCESSFUL BUSINESSES ARE CONFI-DENCE DRIVEN FROM THE BEGINNING. LET US, IN CONFICTA SERVICES LTD, BE THE ONES TO DRIVE YOU TO SUCCESS.“

-Christos Titsinides, Managing Director

Quality Consulting & Accounting Services

Conficta Services Limited is a newly incorporated company specialized in the financial sector. The founder, owner and managing director Mr. Christos Titsinides has been providing clients with accounting and tax services throughout Cyprus since 2001. With a large and extensive financial knowledge and know-how for different industries and business natures, combined with the approved certifications as ACCA and ICPAC member, Conficta Services Limited is well-equipped to handle all of your financial needs, no matter how complex they are. Whether you request assistance at a corporate or personal level, we are ready to serve you as your tax planners and accounting advisors.

Legal and Corporate Services

Enabling Growth

Our team of professionals specialized in the legal framework area, are willing to assist you and guide you to establish a legally strong… Read More

Consulting and Advisory Services

Trust through Confidence

Strategic planning and growth lead to success. Proper consultation and specific advisory given, is what planning and… Read More

Documentation & Reporting

The Care and Precision You Need

We’ll take care of managing your finances so you don’t have to stress about it. We stay up-to-date on all the regulatory and legislative developments… Read More

Accounting and Bookkeeping

Maintaining proper books and records

Our bookkeeping team consists from skilled and experience individuals, providing bookkeeping services in such a delegated way … Read More

Auditing

Alleviating Stress

In our business, Auditing is considered truly an ongoing process that will assess your business situation and determine the best course of action… Read More

Taxation

Saving your time

We are concerned about your tax liability and obligations as if it is ours. Our tax services are mostly performed online… Read More

Payroll & Social Insurances

We are dealing your Social Insurances (S.I.) obligations always on time and with any updated information regarding new legislation included in your payroll and S.I. contributions calculations. We are here to undertake on your behalf the burden… Read More

Our Mission

We are literally committed in delivering personalized accounting services and solutions to our clients. We apply our expertise to each of our client’s unique situations, and offer individualized attention to help achieve their financial goals. We are a group of professional individuals who take your accounting needs seriously. Our company name is the reason to choose us and be CONFI-dent that you made the right choice.

Why Choose Us

Conficta Services Limited provides clients with the specialized accounting support and services they need, allowing them to focus on their businesses and personal matters. 

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Precision

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Experience

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Strict Deadlines Meeting

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Professionalism

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Know-how

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On-going development

"We had the pleasure of working with Mr Christos Titsinides who assisted us with tax matters. We are fully satisfied with the level of his professional knowledge. We highly recommend CONFICTA Services Ltd, as your next partner. You will receive nothing but the best of level for you and your clients."

– Cleo Loizou-Advocate – Legal Consultant – Mediator at Nasos A. Kyriakides & Partners LLC

I met Christos at the college where we were studying ACCA and later on it happened to be my client. He distinguished himself with his excellent communication skills, pleasant personality and I can attest that he is an exceptional person. He always creates a circle of safety, is very hard-working and very knowledgeable. I would highly recommend him without reservation.

-Christina Themistocleous, Director | Risk Advisory, Deloitte Limited.

I have been cooperating with Mr. Titsinides since 2014 under my capacity as a lawyer. He always achieves optimal levels of performance and accomplishment with professionalism and accuracy for all tax needs, accounting and other similar financial services. I strongly believe that CONFICTA SERVICES LTD will continue, maintain and improve the above at the highest levels of services quality and clients' satisfaction.

– Angeliki Georgiou, Lawyer

Christos is a rare find an experienced and knowledgeable finance expert who listens and answers questions in a way that's easy for non-finance people to understand. With Christos, there's full transparency and a direct honest approach.

-Clementine Collins, Client

Christos has a solid knowledge of tax, VAT, social insurance, accounting and audit. His long experience in the field, commencing from one of the Big4 audit firms and eventually ending up in the industry, combined with his engaging personality, create a well trusted professional that he is really concerned about the person that is doing business with.

– Anastasia Xenophontos, Client

I had the pleasure of working with Mr Christos Titsinides who assisted me with my TAX calculation and submitting all the necessary documents/forms needed. Mr Christos spent all the time needed to answer all my questions/concerns and I am very impressed with his level of experience in his business. As an already satisfied client, I am sure that CONFICTA Services Ltd, will be the professional company which will deliver the services needed on time and with a friendly approach.

– Andigoni Themistocleous, Client/Cooperator

Frequently Asked Questions

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When an individual is considered as a Cyprus tax resident?

An individual is tax resident in Cyprus if he/she is physically present in Cyprus for an aggregate period exceeding 183 days in the tax year and is taxed based on his annual income on a scale basis and rates, with the first €19.500 being exempt from income tax.

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When a company is considered as a Cyprus tax resident?

A company which is managed and controlled in Cyprus, is considered as a tax resident in Cyprus and is subject to corporation tax on income arising both from sources within and outside the Republic of Cyprus, taxed at 12,5% flat rate.

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Is VAT an obligatory tax in Cyprus?

Taxable persons charge VAT on their taxable supplies (output VAT) and are charged with VAT on goods or services received (input VAT). VAT registration is mandatory only if the threshold limit of €15.600 is exceed, following some circumstances.

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Will the Social Insurances contributions (SICs) change in 2021?

SIC rates will remain the same as in 2019 until 31/12/2023 but the General Healthcare Scheme (GHS) rates will was increased from 1/3/2020. Contact our company to learn more details. 

Lets create together!

Please feel free to contact us in order to arrange a meeting and see how we can assist you. Book a consultation today and we will be more than happy to see you in our offices. 

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