PGR Progressus Audit Ltd
Licensed for statutory audit in Cyprus, based in Nicosia.
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Progressus Audit operates from Nicosia, providing audit, advisory, and corporate administration services to commercial clients.
The firm's practice covers risk-based audit and assurance, direct and indirect taxation, accounting, payroll, and internal audit compliance. It also provides corporate administrative support, including handling procedures with the Companies Registrar, directorship and secretarial appointments, registered office services, and banking management. In addition, the firm advises on commercial matters such as cross-border transactions, partnerships, insolvency, restructurings, and Cyprus International Trust structures.
Services
Audit & Assurance
Applies a risk-based audit methodology aimed at enhancing internal controls and operational efficiency, covering financial statements, systems reviews, and compliance.
Advisory
Provides solutions in strategic planning, budgeting, performance improvement, mergers, valuations, and corporate governance.
Direct and Indirect Taxation
Offers tax compliance and planning services focused on minimizing exposure across personal, corporate, and international taxation.
Company Management and Admin Services
Handles company registration, director and secretary appointments, registered office provision, statutory records, document certifications, and invoice administration.
Banking Services
Assists with bank introductions, account openings, credit facilities, banking management, and establishing banking institutions.
Immigration
Advises third-country nationals on work permit applications, residency permits, student visas, travel visas, and citizenship by investment.
Trusts Formation & Management
Advises on the formation and management of Cyprus International Trusts to address tax liabilities and ensure asset confidentiality.
Accounting & Financial Reporting
Maintains financial records and handles financial statement preparation, payroll administration, and VAT submissions.
Specialisms and sectors
Compiled from what PGR Progressus Audit Ltd publishes about itself. It is not a statement of what the firm is licensed to do, which is set out above.
Focus areas
What these licences mean
- Statutory Audit Licence, Licensed to carry out statutory audits in Cyprus.
- Practising Certificate, Holds a current ICPAC practising certificate.
Licensed professionals at this firm
Individually licensed people who act for PGR Progressus Audit Ltd.
Registered officers
Officers recorded against this firm’s registration.
Director
Shareholders
- Katsiaryna Ralavets
- Michael Kourtellas
Compliance officer
- Michael Kourtellas, Director
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Registration and licence details compiled from public sources.