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Savva Frangous & Associates Ltd

Licensed for statutory audit in Cyprus, based in Nicosia.

AuditASPPractising

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Savva Frangous & Associates Ltd is a professional services firm with offices in Nicosia and Limassol. The firm's team includes university graduates and members of the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA), and the Institute of Certified Public Accountants of Cyprus (ICPAC). The firm is also an approved training enterprise for chartered accountants.

The firm's practice covers statutory and internal audit under International Standards on Auditing and IFRS, alongside comprehensive tax compliance and international tax planning for corporations and individuals. Its advisory services include corporate turnaround, restructuring, business performance forecasting, transaction handling, and full accounting and bookkeeping support with payroll and VAT reporting. Through associate consultants, the firm also arranges company formations and corporate administration.

Savva Frangous & Associates serves commercial organisations ranging from small businesses to larger corporate entities seeking assistance with operational management, tax mitigation, and financial compliance.

Services

Audit & Advisory

Provides statutory and non-statutory audits under International Standards on Auditing, financial statement preparation under IFRS, internal audits, and capital statements.

Taxation

Handles tax and VAT registration, local and international tax planning, preparation and filing of corporate and personal returns, double tax treaty applications, and tax investigation support.

Crisis Management

Offers business review and assessment, operational monitoring, corporate turnaround planning, and restructuring implementation to help businesses address failure risks.

Management Consulting

Assists organisations with business strategy, planning, management reporting, budgeting, forecasting, cash flow, and viability studies.

Transactions Management

Undertakes operational administrative transactions on behalf of clients, including creditor payments, invoicing, debtor collection monitoring, and bank account maintenance.

Bookeeping

Carries out day-to-day accounting functions including nominal ledger maintenance, debtor ageing analysis, bank reconciliations, stock records, and payroll processing.

Legal Services

Assists through associate legal consultants with company formations, name approvals, nominee and trustee appointments, and ready-made shelf companies across multiple jurisdictions.

Specialisms and sectors

Compiled from what Savva Frangous & Associates Ltd publishes about itself. It is not a statement of what the firm is licensed to do, which is set out above.

Sectors served

shipping

Networks and affiliations

  • ICAEW
  • ACCA
  • ICPAC

What these licences mean

AuditASPPractising
  • Statutory Audit Licence, Licensed to carry out statutory audits in Cyprus.
  • Administrative Service Provider Licence, Licensed to provide corporate administration, registered office and fiduciary services.
  • Practising Certificate, Holds a current ICPAC practising certificate.

Licensed professionals at this firm

Individually licensed people who act for Savva Frangous & Associates Ltd.

Registered officers

Officers recorded against this firm’s registration.

Directors

Shareholders

Compliance officer

  • Zacharias Fragkous, Director

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Registration and licence details compiled from public sources.