02 Nov 2020

Could you Benefit from a Bank Introducer Service?

At GlobalServe Cyprus we offer a comprehensive range of banking services. We are here to fully assist our clients with all their global banking requirements, and one way in which we do this is to offer an introducer service.

Banking services for new businesses

We understand that creating a new business is an exciting yet busy time. There is so much that needs to be done to ensure your new company is operating under the correct legal framework, with everything perfectly in place. If you’re a new business owner, understanding all that is involved can be daunting, but don’t worry, by placing your trust in a highly experienced company such as GlobalServe, you can take a step back to concentrate on running your business, while we give you the peace of mind that your company’s interests as a new business owner, are our priority, and you’re setting off on the right track.

Selecting the right bank account

Perhaps one the most important aspects of setting up a business is opening a bank account.  For those new to the world of business, it can come as a surprise that there are so many business bank account options out there, and deciding which is best for your particular business can be highly time consuming. This is where we can help you make the right choice first time. For anyone who has ever changed bank accounts, even a small personal account, you’ll know that it isn’t a simple process and can become quite a headache if not dealt with in the correct manner. The key is to make the right choices now by choosing an account that brings with it the best range of benefits for your business. At GlobalServe we have many years of helping businesses select a bank account that is perfect for their specific business. We have good relationships with many banks worldwide, and so we don’t simply recommend one bank to all our customers. We know that every business is unique, so we take the time to assess your business requirements, then we’ll begin the process of introducing you to banks that we believe will be most beneficial for your own distinct business.

Overseas accounts offer great advantages

Our popular bank introducer service is one of our banking services that can bring huge benefits. By using an introducer, you can gain access to a much wider range of bank accounts and so take your pick of the benefits these brings; from tax benefits, to lower fees, lending opportunities and much more. Our introductions services can open doors that will benefit your business from day one, and become increasingly valuable as your business grows.

Introduction services for existing and expanding businesses

Of course it isn’t just new businesses that can use a helping hand with bank account introduction services. As your business grows, it changes and so do your requirements. It’s wise to re-evaluate your banking services needs regularly and we’re always on hand to help you in any way we can. To find out more, please visit our website or give us a call today.

We offer a comprehensive range of banking services.

02 Nov 2020

Your Tax Affairs don’t have to be Taxing

Tax is perhaps the most emotive word in business. If there’s one word that’s going to cause you to feel stressed out, then tax is surely up there with the best. But there really is no need to let tax cause you sleepless nights. Paying tax is inevitable, but it doesn’t have to be a huge, complicated burden for you and your business.

Pass the stress of taxes on to us

The world of taxes is rather a minefield. It’s a complicated area, particularly when you’re dealing with global businesses, but you don’t need to deal with it personally. Why struggle through all the tax laws and details of local and global tax systems when you can simply hand all your tax affairs over to an expert?

Ensuring your business is fully tax compliant

You as a business, and an individual have a variety of taxes that must legally be paid. This can be hard to keep on top of on an individual basis, but when you’re running a business, the whole structure of the tax system, and your legal obligations can become very complicated. A lack of knowledge of the system is no excuse for failure to fully adhere to the tax requirements asked of you but also, it can be tricky to fully understand what those requirements are. Make the wrong choices and you can suffer some very serious consequences. By using our tax services, you can rest assured that your business is being fully compliant with all the tax regulations and requirements, and you don’t need to worry that you’ll miss a deadline. Something so simple as missing a payment deadline can result in large fines and of course this is something you’ll want to avoid. 

Helping you make the best financial decisions

Tax is certainly a complicated area of the law, and no business owner can be expected to master all the intricacies of global tax systems. But, by taking advantage of our tax advisory services, you’re tapping into a wealth of expert knowledge from our dedicated team of tax advisors who are here to help you make the very best financial decisions for your business. They will fully understand your business and your goals and set forth in helping you to reach those goals with the best financial route in mind.

Ensuring you don’t pay more tax than you have to

No one enjoys paying taxes, but we all know it is necessary and we’re legally obliged to do so. However, many business are paying too much tax and don’t even know it. Our highly skilled tax experts will scrutinise your accounts and make sure you’re not paying more tax than you need to. Our tax advisory services save many businesses money year on year. 

Get in touch for more information today

Our tax advisory team are ready to help your business navigate the complicated world of tax and take the stress away from you and your business. Your finances are in safe hands with our specialist advisors so do get in touch to find out more.

Tax is perhaps the most emotive word in business

02 Nov 2020

Why Using Accounting Services Makes Sense

Putting your accounting needs in the hands of another company can seem like a big step, but it’s actually a very wise move for many reasons. It can be tempting to keep your business accounting processes in-house. It may be that you’re a small business and would like to keep costs as low as possible, and so you’re taking care of the accounts yourself, or you’re a large company with an accounts department to deal with all the financial processes of the business. However, regardless of the size of your business or your reasons for not yet moving your accounts externally, there are many compelling reasons why you may wish to do so, now or in the future.

You’re benefiting from experience and expertise

Whatever your business, chances are your area of expertise is in that line of work and not in accounting. While your customers come to you for your superior products or services, it makes sense to hand over your accounts to a company that specialises in accounting. While you can no doubt make a good attempt to get everything in order, a professional accounting services company will be able to draw on many years of knowledge to ensure that everything is done perfectly. They may also be able to suggest changes and adaptations that could save you a lot of money.

Your accounts are in safe hands giving you more time

As your business grows, so your accounting tasks will have to increase too. The time spent dealing with your accounts is going to start becoming a problem with a successful business that is expanding. There’s no point letting your accounting become a chore when you can hand it over to someone else. Additionally, as your business becomes larger, your accounts become more complex and so you may need to spend a great deal of time researching or seeking advice. Once you put your accounting into the safe hands of the professionals, you’ve got peace of mind that everything will be correct, and also you’ll gain back your time which you can put to better use running your business, or perhaps enjoying a little down time.

Using accounting services can actually be more cost effective

It may on the surface seem like you’re saving money by keeping your accounting processes in-house, but in actual fact, it can often work out more expensive. Firstly, the best accounting software and solutions are very expensive. Choose a cheap solution and you’re putting yourself at a disadvantage compared to your competitors using the latest, greatest technologies. But, hand your accounts over to a business offering accounting solutions and you will be able to benefit from their software which will be the best available as they are easily able to justify the costs for their multiple clients. Costs which may be prohibitive for a single business. As businesses grow, accounts grow, and you could find you are constantly hiring and increasing the size of your accounts department. It’s most likely that when you take into account all costs, wages, office space, computers and software etc. that using accounting services such as those offered by Globalserve is a much more cost effective option.

Find out more

Interested in learning more about the wide range of accounting services we can offer your business? Then please do visit our website or get in touch. Our highly skilled accounting team are happy to answer any questions you may have.

The wide range of accounting services