Private audit, tax and advisory for complex businesses, wealth structures and international groups.
Senior-led audit, tax and corporate advisory for privately owned businesses, entrepreneurs, family offices and cross-border groups requiring discretion, clarity and commercially focused execution.
- ICPACLicensed and regulated
- Partner-ledOn every mandate
- 15+ yearsAudit, tax and advisory
- 65+ treatiesCyprus double tax network
Independent. Experienced. Trusted.
Founded in Nicosia, Cyprus's capital and financial centre.
G. Adamides is an independent audit, tax and advisory firm. We take on fewer mandates by design, so that every audit opinion, tax position and valuation we sign carries a partner's direct attention, from first conversation to final filing.
- ICPACLicensed practice
- ICAEWACA-qualified members
- ACCAQualified professionals
- LLBLegal dual qualification
A full-service boutique for complex mandates
Concentrated on work where technical depth and partner-level attention create measurable value, not volume.
Assurance & reporting4 practices
Statutory auditIFRS, ISA, group audit, regulated entitiesIFRS-compliant audits for Cyprus-registered companies, group subsidiaries and regulated entities, starting from a deep understanding of your business model, risks and stakeholders rather than a standard checklist.Financial reportingIFRS statutory financial statementsPreparation of IFRS-compliant statutory financial statements, including complex areas such as financial instruments, business combinations, leases (IFRS 16) and revenue recognition (IFRS 15).Group consolidationIFRS 10, multi-entity, PE reportingMulti-entity consolidation under IFRS 10: elimination workings, intercompany reconciliations, minority interests and consolidated reporting packages for principals, private equity sponsors and lenders.ValuationIFRS 3, IAS 36, purchase price allocationIndependent business valuations, purchase price allocations, goodwill impairment testing and fair value assessments for transactions, shareholder disputes, regulatory submissions and reporting.Tax & structuring4 practices
Tax advisoryCorporate tax, DAC6, international planningCorporate income tax returns, DAC6 mandatory disclosure and international tax planning that manages exposure and maintains compliance across every jurisdiction your structure touches.Transfer pricingLocal File, benchmarking, financingLocal Files, minimum documentation, benchmarking, royalties, software and IP, financing and restructuring support under the 2026 Cyprus rules.Cyprus IP BoxNexus, substance, OECD BEPSFull structuring and ongoing compliance for the IP Box regime: nexus calculations, economic substance documentation and BEPS-compliant planning coordinated with audit and transfer pricing.VAT & indirect taxRegistration, returns, EU cross-border, OSSVAT registration, periodic returns and cross-border VAT advisory for businesses operating across EU jurisdictions, including OSS and indirect tax for e-commerce and digital services.Corporate & advisory5 practices
Corporate servicesIncorporation, secretarial, governanceCompany formation, registered office, company secretarial and governance support, establishing and maintaining properly documented structures for domestic and international clients.M&A advisoryDue diligence, SPA support, capital advisoryFinancial due diligence, modelling, SPA support, debt and capital advisory for corporate buyers, private equity investors and management teams, from origination to close.Family office & HNWIWealth structures, consolidated reportingIndependent audit and bespoke advisory for single and multi-family offices: consolidated net-worth reporting, portfolio oversight, holding structure reviews and estate planning coordination.iGaming & fintech complianceCySEC, MGA, EMI, CASPSpecialist audit and regulatory support for licensed gaming operators, fintech firms, EMIs and CASPs, with experience across CySEC, MGA, Isle of Man and VASP frameworks.PayrollPAYE, social insurance, employer returnsFull-cycle payroll for Cyprus entities: salary calculations, social insurance contributions, monthly employer withholding returns and annual employer reporting.One of Europe's most competitive IP rates
Up to 80% of qualifying IP profit can be exempt from corporate tax, bringing the effective rate to 3%, subject to the nexus conditions and the company's facts. We handle implementation end to end, from eligibility and nexus modelling to annual compliance.
- OECD BEPS-compliant nexus approach, built to be audit-defensible
- Patents, copyrighted software and other qualifying IP; trademarks and brands generally do not qualify
- Substance, board activity and economic-reality documentation
- Coordinated with group audit and transfer pricing
Estimate the effect
Drag to set your profitIllustrative only. Assumes a full nexus fraction; the actual result depends on qualifying expenditure, structure and treaties. Independent advice required.
Assess your eligibilityEffective IP tax rates in the EU, 2026
Rates indicative; they depend on group structure and applicable treaties. Updated July 2026.A practice built for demanding clients
- HNWIs & principalsPrivate clientsPersonal holding structures, international residency and substantial portfolios that need coordinated audit, tax oversight and complete confidentiality.
- Family officesPrivate wealthIndependent audit, consolidated net-worth reporting and bespoke advisory for single and multi-family offices, with the discretion principal-level relationships demand.
- Technology & SaaSIP-led groupsSpecialist audit, IP Box implementation and tax structuring for software, SaaS, AI and platform businesses with IP-generating subsidiaries.
- iGaming & online gamingLicensed operatorsStatutory audit, IP Box structuring, group consolidation and regulatory compliance for licensed gaming, betting and platform operators.
- Fintech & regulated entitiesRegulatedAudit and compliance advisory for electronic money institutions, crypto-asset service providers, payment institutions and CySEC-regulated investment firms.
- Blockchain & cryptoDigital assetsAccounting, tax and audit readiness for crypto and stablecoin businesses, including CASP and MiCA-related reporting.
- Corporate groupsMultinationalsAudit, consolidation and tax advisory for multinational groups using Cyprus as their holding, IP or financing hub.
- Real estatePropertyStatutory audit, financial reporting and tax advisory for property holding companies, development groups and investment property SPVs.
- Shipping & maritimeMaritimeAudit, tax and corporate services for ship-owning companies and shipping groups using Cyprus's tonnage tax regime.
- Regulated fundsInvestmentIndependent audit and regulatory compliance for CySEC-regulated AIFMs, AIFs and investment managers, to institutional standards.
- Start-ups & scale-upsGrowth stagePractical audit, tax structuring and corporate services for early and growth-stage technology businesses, from incorporation to Series B and beyond.
Cross-border by default. We coordinate with clients' lawyers, banks, fiduciaries and tax advisors across the EU, the UK, the GCC and beyond, working remotely by video and secure electronic documentation.

“Our mission is to provide unparalleled services that empower businesses to achieve their full potential, with a team combining intelligence, integrity and genuine personal commitment.”
Managing Director & Founding Partner
Senior expertise. Direct access.
Technical depth without the layers of a large firm. Senior professionals stay close to the work, communication is direct, and advice is shaped around the commercial objective.
Partner-led engagements
Senior involvement from scoping through delivery, with direct access when decisions need to be made.
Commercial focus
Technically robust advice shaped around your transaction, operating model, reporting needs and goals.
Discretion & confidentiality
Careful information handling, limited internal access and NDA support for sensitive private and corporate mandates.
Independence
Unconflicted advice. No referral arrangements; only your interests guide our counsel.
Quality & integrity
ICPAC-regulated standards, independent judgement and documentation designed to withstand scrutiny.
From first enquiry to signed opinion
No surprises on fees, no junior-only teams, no boilerplate deliverables.
- 1
Confidential enquiry
Send a brief overview by email, phone or the form below. Confidential from first contact; NDA on request.
- 2
Scope & proposal
A clear, fixed-fee proposal within 48 hours. Scope, deliverables, timeline and team agreed in writing.
- 3
Partner-led work
A senior professional oversees every engagement. You speak with the person doing the work.
- 4
Delivery & ongoing
Deliverables to agreed standards and deadlines, then proactive monitoring of changes affecting your structure.
What our clients say about us
“George and his team handled our group consolidation and IP Box implementation with exceptional precision. What could have been a complex process was completed efficiently and explained clearly.”
“The level of discretion and personal attention we received was exactly what we needed for our family office audit. They understand complex private wealth structures in a way most firms simply do not.”
“As a licensed iGaming operator, finding an audit firm that truly understands our Cyprus IP holding structure was invaluable. Adamides Audit delivered on every front.”
Expert thinking on Cyprus tax & audit
- Tax & regulatory
Cyprus Tax Updates & Regulatory Developments
Stay informed on the latest changes to Cyprus tax legislation, ICPAC guidance, and regulatory updates affecting businesses operating through Cyprus. Our team publishes regular commentary to keep clients ahead of compliance deadlines.
Visit our blog - Corporate & structuring
Guides to Cyprus Business Structuring & Corporate Services
Practical articles on company incorporation, holding structures, substance requirements, and corporate governance for international businesses using Cyprus as a base. Written by our team of qualified professionals.
Visit our blog - Audit & advisory
Insights on Audit, IFRS, and Financial Reporting in Cyprus
Thought leadership on IFRS developments, audit best practices, and financial reporting obligations for Cyprus entities, from our team of ICAEW and ACCA-qualified professionals with Big Four and boutique experience.
Visit our blog

Why Cyprus is the smart choice
EU member, English common law, 65+ tax treaties, favourable outbound withholding tax and an OECD-aligned IP regime.
- 15%
Corporate income tax
Competitive within the EU, with an IP Box that can bring qualifying IP income to 3%.
- Generally 0%
Withholding tax
On dividends and interest paid to non-residents, subject to defensive tax measures.
- Generally 0%
Gains on securities
Qualifying disposals generally outside Cyprus tax, subject to property and anti-avoidance rules.
- 65+
Double tax treaties
Including the US, UK, Germany, China, India, UAE and Canada.
- 2004
EU member state
Eurozone since 2008, with access to a market of 450M+ consumers.
- Common law
Familiar legal framework
Based on English common law, well known to investors, banks and legal teams.
- EU + MENA
Strategic location
A natural hub between Europe, the Middle East and North Africa.
- €300k+
Residency by investment
Expedited permanent residence for qualifying third-country investors.
Frequently asked questions
How do you handle confidential and complex client matters?
All sensitive enquiries are handled directly by senior management and treated in strict confidence from the first contact. We can put an NDA in place before any detailed information is shared, limit access internally, and agree a clear communication protocol for private clients, family offices, international groups and sensitive corporate matters.
Do you support international groups and private wealth structures?
Yes. We advise Cyprus and cross-border structures involving holding companies, operating companies, family office arrangements, shareholder reporting, audit coordination, tax compliance, valuations, governance documentation and ongoing corporate administration. We regularly coordinate with overseas lawyers, tax advisors, banks and fiduciary providers.
How are your fees structured?
We provide clear written proposals with agreed scope, deliverables, timetable and fee basis before any engagement begins. For recurring audit, tax, payroll or corporate administration work, we can agree annual retainers so clients have cost predictability and no unexpected scope creep.
What is required for a Cyprus company to have genuine substance?
Substance normally includes real decision-making in Cyprus, appropriate local directors or management involvement, proper board minutes and records, locally maintained accounting files, and personnel or outsourced support proportionate to the company's functions. The exact level depends on the activities, assets, risks and tax positions of the entity.
What is the Cyprus IP Box regime and who qualifies?
The Cyprus IP Box can provide a reduced effective tax rate for qualifying intellectual property income where the relevant nexus, ownership, R&D, documentation and substance requirements are satisfied. It may be relevant for software, technology and other qualifying IP structures, but eligibility must always be reviewed on the specific facts.
Do you work with clients across different industries?
Yes. We support privately owned businesses, owner-managed groups, investment holding structures, family offices, regulated entities and international corporate groups across multiple sectors. Where specialist sector knowledge is required, we combine audit, tax and corporate advisory experience with the appropriate legal, regulatory or technical input.
Do you work with clients outside Cyprus?
Yes. Many of our clients are based outside Cyprus and use Cyprus companies or structures as part of a wider international arrangement. We work remotely by email and video call, use electronic documentation where possible, and coordinate with the client's existing advisors in other jurisdictions.
Ready to discuss your requirements?
We welcome enquiries from principals, advisors, and legal counsel working with HNWIs, family offices, technology groups, and iGaming operators.
Begin a confidential conversation
Engagements are accepted selectively. We welcome direct enquiries from principals, family advisors, corporate counsel and investment teams.
- Reviewed by senior management only
- Reply within one business day
- NDA available before you share details
- Office48 Themistokli Dervi, Office 306
1066 Nicosia, Cyprus - Telephone
- HoursMonday to Friday, 08:00 to 18:00
- Meetings