Deloitte Cyprus: Best International Financial Advisory Team Cyprus 2021


The pandemic put the brakes on development worldwide, but momentum has started to pick up in Cyprus. Confidence and activity are on the rise, and Deloitte Cyprus is helping businesses and investors to seize the moment. The company is part of the global Deloitte network, providing a range of services for businesses and investors, including financial advisory, risk advisory, consulting, audit and assurance, as well as tax. Specialist advisors work with foreign investors to assess project viability, assist with legal and tax compliance, and implement capital protection measures. Deloitte Cyprus also focuses on the tourist infrastructure, technology & innovation, healthcare and energy sectors — mainly renewables— to support local developers of projects and foreign investors, to evaluate opportunities in the market and assess the commercial and financial viability of new projects. The firm expects to announce more developments over coming months as pipeline projects turn into closed deals. Deloitte Cyprus advises on EU-backed governmental projects, including those that will accelerate the transition toa carbon neutral economy. Funds will be spent on building renewable energy production and storage capacity, as well as workforce reskilling and upskilling, over the next decade. The firm engages with key stakeholders on fund allocation and socio-economic impacts. Deloitte Cyprus highlights the island nation’s status as a fintech hotspot with reliable infrastructure and low corporate tax rates — and helps foreign businesses to set-up shop. The judging panel notes the company’s stable revenues and high retention rates among clients and team members. Deloitte Cyprus wins the 2021 award for Best International Financial Advisory Team (Cyprus).