Real Estate & Construction

A & C CHRISTOFI Ltd. is a service-based company located in Cyprus, offering professional accounting and bookkeeping services to businesses in the Real Estate sector, including construction and property developers.

Accounting is one of the most important aspects of management and administration in any business. However, our extensive experience in the Real Estate sector has taught us that this industry requires a specialised approach, and this holds true whether you are laying the bricks or keeping the books. In the Construction industry, firms and contractors face unique challenges when it comes to accounting. This is where our trained team of seasoned professionals at A & C CHRISTOFI Ltd. comes in. We can improve your accounting processes and help you maximize your earnings, both as a construction company or a subcontractor. We use our expertise to help you navigate VAT, Land, and Buildings Transaction Tax, CIS, and the Annual Tax on Enveloped Dwellings. Our specialists in VAT and Capital Allowances will also ensure that you are claiming all the available tax relief options.

The support we provide goes far beyond the audit, accounts, and tax compliance processes. We offer the best strategic advice on structuring investments and development projects, to make sure that taxes are kept to a minimum, securing the more appropriate funding to maximize profitability and facilitate growth. Our team can help you…

  • Track, report, and categorize costs and other expenses in your construction business
  • Select profitable projects to bid on
  • Bill clients accurately and fairly

From our operations in Limassol, Cyprus, we have witnessed both the downfall of 2010 as well as the gradual rise in the Construction industry from 2016 onwards. Having experienced these significant events firsthand, we are very well versed in the workings of this dynamic market. Whether you want to be the first to acquire a piece of land or to invest in the right location at the right time, we can help you seize the opportunity. With such big decisions to weigh constantly, it becomes difficult for firms and subcontractors to manage the financial aspects of their company simultaneously. Our specialised team offers a whole spectrum of bookkeeping and accounting services so that you can stay focused on identifying those opportunities.

A & C CHRISTOFI Ltd. can help you stay on top of accounts payable (AP) and accounts receivable (AR) and give you complete visibility into important reports like profit and loss (P&L) and cash flow statements, ensuring both transparency and profitability in your business. We offer various services, including management of your day-to-day accounts, taking care of your bills, invoices, etc., and generation of real-time reports that can help you track all your projects daily. With our insights, you will have the data you need to take your business to new heights.

If you are interested in construction accounting to elevate your business to the next level, please contact us at info@acc-cy.com or call us on +357 25 332 177

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