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Mid-Tier Firm in Cyprus
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Accounting & Payroll

Minimise risks and maximise profits.

Bookkeeping and accounting can be extremely time consuming and cost intensive, for a company or a business, particularly when you are unfamiliar with local rules and practices.

Fidescorp has extensive experience of working alongside client companies by providing them with outsourced accounting facilities. Outsourcing can reduce internal operational costs, save time. It can also eliminate delays, administrative errors as well as potential fines or penalties.

Our accounting services include the maintenance of up to date accounting statements to a wide range of multinational entities, payroll and cash management services, cash flow statement preparations and accounts reconciliations.

Our experienced team will ensure that with proper financial reporting you will be able to plan and foresee problems or issues before they happen and comply with tax and VAT laws and regulations

Our accounting department consists of highly trained professionals who undertake the maintenance and update of accounting records and prepare the payroll for our clients.

An effective accounting system can have a significant impact on a company’s productivity as well as its profitability.


Fidescorp’s payroll expertise, ensure that you maximise the efficiency of your operations and remain in compliance with all local legislation and regulations.

By outsourcing your payroll you can free up your valuable time and resources to concentrate on the important business of running your company and reduce the risk of heavy penalties resulting from non-compliance.

On a monthly basis, Fidescorp’s payroll services will facilitate:

  • Computing employees’ withholdings and net pay;
  • Ad hoc additional payments or deductions;
  • Preparing and issuing employee pay slips;
  • Direct deposit pay into employee bank accounts;
  • Expenses and benefits processing and compliance;
  • Preparing documentation for new or departing employees;
  • Preparing revenues payable and remittance submissions to tax office.

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