Cyprus Online
Speciality · 150 professionals

Business Advisory & Planning in Cyprus

Business advisory covers strategic and operational consulting beyond routine accounting — growth planning, financial modelling, performance improvement, systems selection, and CFO-level support. Cyprus advisory firms range from Big 4 with global consulting practices to boutique specialists offering senior-partner attention at competitive rates.

What business advisory covers

Cyprus business advisory engagements commonly address: strategic planning and business model review, financial forecasting and scenario modelling, KPI framework design and management reporting, working capital and cash flow optimisation, systems selection and implementation (ERP, CRM, accounting), post-transaction integration, board-level and audit committee support, and fractional or interim CFO services for growing businesses.

Unlike routine accounting, advisory engagements are typically project-based with defined scope and deliverables, or ongoing retainer for continuous support.

When to engage a business advisor

Common trigger points for business advisory: rapid growth outpacing management systems, funding rounds requiring financial modelling and investor materials, acquisition or exit preparation, operational underperformance requiring diagnostic review, systems replacement (legacy to modern ERP), management team gaps requiring interim executive support, and board or investor demands for enhanced reporting or governance.

Choosing a business advisor

Business advisory quality varies enormously across Cyprus firms. Consider: relevant sector experience, specific engagement type track record, seniority of team on your account (avoid junior-heavy engagements), clear scope and deliverable definition, and referenceable client success stories. For material engagements, request written proposals with methodology, team, timeline, and fees before committing.

Typical fees range from €150-€300/hour for boutique senior consultants to €400-€800/hour for Big 4 partners, with fixed-price packages available for standard engagements.

Firms specialising in Business Advisory & Planning

12 firms

Multi-practitioner firms with documented practice in Business Advisory & Planning, ranked by claim status, listing completeness, and client rating.

P. Constantinou is a certified public accounting and audit firm based in Limassol, Cyprus. They offer a full range of professional services including audit, tax, corporate services, and business advisory. The firm is a member of The Financial Group International and leverages an international network of associates.

The Financial Group International ★★★★★ 5.0 (44)
📍CORNER TYRANOCTONON & CHHARALAMBOU FTEROUDI 1 AGIOS ATHANASIOS, 4104, LIMASSOL
4 practitioners at The Financial Group
Constantinos Loizou Certified Public Accountant
Constantinos Mouzouros Certified Public Accountant
Panayiotis Constantinou Certified Public Accountant
Stelios Constantinou Certified Public Accountant

A&C Christofi Ltd is a Cyprus-based firm of Certified Chartered Accountants and Registered Auditors, providing accounting, audit, tax, payroll, business advisory, and other professional services to SMEs and individuals. With over 17 years of experience, they emphasize human-centered advisory and technology-enabled efficiency.

★★★★★ 5.0 (21)
📍NIKODEMOU MYLONA 7 STROVOLOS, 2035, NICOSIA
4 practitioners at A & C Christofi
Froso Christofi Certified Public Accountant
Kyriacos Christou Certified Public Accountant
Marios Christophi Certified Public Accountant
Andreas Christophi Certified Public Accountant

M.T. Michaelides Co Ltd is a Cyprus-based firm of chartered certified accountants offering audit, accounting, tax, and business advisory services. It is a member of INTEGRA International since 2004, providing international reach.

INTEGRA International ★★★★★ 5.0 (3)
📍ARCH. MAKARIOU III & IOANNI POLEMI 133A MAKARIOU, 3021, LIMASSOL
3 practitioners at INTEGRA International
Andreas Michaelides Certified Public Accountant
Marios Michaelides Certified Public Accountant
Michael A. Michaelides Certified Public Accountant

Joannides + Co Ltd is a leading Cypriot firm of accountants and management consultants with over 45 years of experience. They provide audit, tax, business support, fund administration, and management consulting to international companies and private clients. The firm has offices in Nicosia, Limassol, and Larnaca and is a member of AGN International.

AGN International Ltd ★★★★★ 5.0 (1)
📍AGIOU PROKOPIOU 13 EGKOMI, 2406, NICOSIA
2 practitioners at AGN International
Alexis Joannides Certified Public Accountant
Andri Antoniou Certified Public Accountant

Anthimos Leonidou & Partners Ltd is an independent firm based in Limassol, Cyprus, established in 1987. It provides a wide range of financial services including accounting, audit, taxation, and consulting to individuals and corporate clients locally and internationally. The firm has 45 professionals and is a member of ICPAC and ACCA.

★★★★★ 5.0 (1)
📍NICOU PATTICHI 26 AGIOS GEORGIOS, 3071, LIMASSOL

Alliott Partellas Kiliaris Ltd is a Cyprus-based professional services firm offering audit, accounting, tax, and business advisory services to local and international clients. They also provide company registration, payroll, and management consulting. The firm is a member of Alliott Global Alliance, combining local expertise with a global network.

Alliott Global Alliance
📍STROVOLOU AVENUE 77 STROVOLOS, 2018, NICOSIA
2 practitioners at Alliott Global Alliance
Antonios Aletras Certified Public Accountant
Antonis Partellas Certified Public Accountant

Reanda Cyprus is a professional services firm offering corporate, accounting, and international tax services. They help clients navigate the complexities of international business with services including audit, tax, corporate finance, immigration, and compliance. They are part of the Reanda International network, originally founded by a top-tier Chinese firm in 1993.

Reanda International
📍ARCHANGELOS AVENUE 48 ENGOMI, 2404, NICOSIA

PEK Ltd is a Cyprus-based professional services firm offering auditing, taxation, bookkeeping, corporate services, consulting, shipping, and yacht registration. The firm emphasizes quality and client trust, with a specialized team operating in an internationally oriented environment.

📍DEMOSTHENI SEVERI 17 AGIOI OMOLOGITES, 1082, NICOSIA

Baker Tilly South East Europe provides assurance, tax, advisory, and specialist consulting services across Cyprus, Greece, Bulgaria, Romania, and Moldova. The firm emphasizes a people-first approach and aims to help clients grow by anticipating future challenges. It is a member of Baker Tilly International.

Baker Tilly International
📍CORNER C. HATZOPOULOU & GRIVA DIGENI AVENUE 30 NICOSIA, 1066, NICOSIA
3 practitioners at Baker Tilly Cyprus
Andreas Pittakas Certified Public Accountant
Andreas Sofroniou Certified Public Accountant
Angelo Achilleos Certified Public Accountant

AGBS Group is a boutique professional services firm in Cyprus with over 40 years of experience. It offers audit, accounting, taxation, VAT, corporate services, business consultancy, and fiduciary services to local and international clients across various industries.

📍P.O.Box 25366, 1309 Lefkosia, Lefkosia

PKF Cyprus is one of the largest accounting firms in Cyprus, operating from offices in Limassol and Nicosia with over 100 staff. They offer audit, taxation, business solutions, and corporate finance services, specializing in structuring multinational companies and serving a diverse range of industries. The firm is a member of the PKF International network and holds quality-checked accreditation from ICPAC and ACCA.

PKF International
📍ARCH. MAKARIOU AVENUE III 229, 3105, LIMASSOL

UHY Antonis Kassapis Ltd is the Cyprus member firm of UHY International, based in Nicosia. Established in 1991, it provides audit, tax, accounting, corporate and fiduciary, and management consultancy services to local and international clients.

UHY International
📍THIRESIAS 12 STROVOLOS, 2043, NICOSIA

Independent specialists

108

🎯 Firms are ranked by claim status, listing completeness, and client ratings. Firms that have claimed their listing and provided detailed information rank higher. Claim your firm's listing →

Where these firms are located

12 areas

Firms offering Business Advisory & Planning maintain offices in these areas. Click through to see all accountants in that area.

Frequently asked questions

When do I need a business advisor vs a good accountant?

A good accountant handles compliance, routine tax planning, and standard financial reporting. A business advisor addresses forward-looking strategic and operational challenges: growth planning, funding, systems, exit preparation, or interim executive support. Many Cyprus firms offer both, but specialist advisory expertise is different from technical accounting skill.

What is a fractional CFO?

A fractional or interim CFO is a senior finance executive engaged part-time or on a project basis to provide CFO-level expertise without full-time cost. Typical arrangements are 1-4 days per month at fixed monthly fees €3,000-€12,000, ideal for growing businesses too small for a full-time CFO but needing senior finance leadership.

Are business advisory fees deductible for Cyprus corporate tax?

Yes, business advisory fees are typically deductible business expenses under standard Cyprus tax rules, provided the services relate to the trade. Some categories (e.g. acquisition-related professional fees) may be capitalised rather than expensed under IFRS. Specialist tax advice is recommended for material advisory costs.

Related services

Big 4 offering this service

3