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Games Industry Services

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We have significant experience in the games industry and have advised newly established entities, as well as mature games companies, on how to benefit from and utilise tax laws and regimes. We provide personalised services to meet the specific needs of every company, taking into account differing goals in this industry, and a comprehensive service range that includes accounting, analysis, budgeting and forecasting, tax optimisation, extensive use of tax benefits, and consulting.

 

Services

  • Digitized preparation and maintenance of proper books and records in every major currency
  • Preparation of periodic management accounts
  • Preparation of Trial Balance showing the amount of each Ledger Account
  • Preparation of Nominal Ledgers showing the movement of each ledger account
  • Monthly debtor / creditor reports and ageing analysis
  • Reconciliation and analysis of bank accounts
  • Conversion of accounts in accordance with IFRS standards
  • The application of the IP Regime, relevant to the games industry, which can result in an effective tax rate as low as 2.5%.
  • Advisory on the most efficient and effective ways to invest in Cyprus, in order to utilise the National Interest Deduction.
  • Applying double tax treaties.
  • Taking advantage of tax incentives for relocation of operations.
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