TED Financial Services

06/08/2026

09/04/2026

Warm holiday wishes from all of us at TED Financial Services! We hope this festive season brings you joy, happiness, and cherished moments with your loved ones.

We would like to sincerely thank you for the trust you have placed in us. Your support is truly appreciated, and we look forward to continuing our successful partnership for many years to come.

Please note that our offices will be closed from Friday, 10 April 2026, until Tuesday, 14 April 2026 (inclusive). We will resume normal operations on Wednesday, 15 April 2026.

27/02/2026

📍New Address: Hawaii Nicosia Tower, Office 702, 41 Themistokli Dervi Street, 1066 Nicosia, Cyprus.

We are excited to announce that TED Financial Services is moving to our new offices in the heart of Nicosia.

This relocation represents an important milestone for our firm and reflects our ongoing growth and commitment to excellence in everything we do.

We look forward to welcoming our clients, partners, and friends to our new offices and continuing to grow together.

Thank you for being part of our journey.

09/01/2026

📢 TD59 Form for Tax Year 2026 Now Available – Cyprus Tax Department

The T.D.59 “Claim for Allowances” form for the 2026 tax year has been published by the Cyprus Tax Department and is now available for employers and employees (in Greek only).

➡️ What is this form:
T.D.59 is used by employees to declare income details and any personal allowances or deductions that affect their tax situation — so employers can calculate accurate monthly tax withholdings.

➡️ Who should take action:
🔹Employees: Fill out and sign the form at the start of the tax year.
🔹Employers: Distribute to all employees and retain signed copies for records.

📄 Official guidance now available from the Cyprus Tax Department:
http://bit.ly/49sKaqf

🔹TD59 – Claim for Tax Allowances
🔹Explanatory guide for individuals
🔹FAQs with detailed answers
🔹Practical examples of the new tax framework

📅 Applies from 2026 — stay informed and prepared.

23/12/2025

📢 Cyprus Tax Reform Approved – Effective 1 January 2026

On 22 December 2025 the Cyprus Parliament approved key legislative changes introducing one of the most significant tax reforms in recent years.

Overall, the reform seeks to enhance fairness and competitiveness while ensuring full alignment with OECD/EU standards, thereby strengthening our country's position as a leading business and investment destination.

Key changes:
🔹SDC on dividends for Cyprus-domiciled individuals reduced to 5%
🔹Deemed Dividend Distribution abolished
🔹Corporate tax increases to 15%
🔹Tax loss carry-forward extended from 5 to 7 years
🔹SDC on Rental Income abolished
🔹Personal tax-free threshold rises to €22,000
🔹New income tax brackets & enhanced family-focused deductions
🔹8% tax on crypto gains
🔹Extended R&D super-deduction (120%) until 2030

📩 For tailored advice on how these changes may affect you or your business, feel free to contact us.

23/12/2025

Καθώς το έτος πλησιάζει στο τέλος του, θα θέλαμε να ευχαριστήσουμε τους πελάτες, τους συνεργάτες και τους φίλους μας για τη συνεχή εμπιστοσύνη και συνεργασία.

Εκτιμούμε ιδιαίτερα την εποικοδομητική συνεργασία καθ’ όλη τη διάρκεια του έτους και προσβλέπουμε στη συνέχισή της το νέο έτος.

Σας ευχόμαστε Καλά Χριστούγεννα και ένα επιτυχημένο Νέο Έτος!

As the year comes to a close, we would like to thank our clients, partners, and friends for their continued trust and cooperation.

We appreciate the successful collaboration throughout the year and look forward to building on this in the year ahead.

Wishing you a Merry Christmas and a successful New Year!

18/12/2025

🚀 We’re Hiring! Part-Time / Full-Time Accountants
📍Nicosia, Cyprus

TED Financial Services is growing, and we’re looking for motivated Accountants (Part-Time or Full-Time) to join our expanding team!

Your Responsibilities:
🔹 Bookkeeping for a range of clients
🔹 VAT/VIES returns
🔹 Payroll submissions
🔹 Management accounts & financial reporting
🔹 Support audit and tax teams
🔹 Client communication & compliance tasks

What We’re Looking For:
🔹 LCCI Higher / Accounting diploma or degree
🔹 1–3 years accounting experience
🔹 Solid understanding of Cyprus payroll and tax
🔹 Knowledge of accounting software
🔹 Strong English & Greek communication skills
🔹 Organised, detail-oriented, team-focused

Why Join Us:
🔹 Hybrid working model (office + work from home)
🔹 Competitive salary based on experience
🔹 Supportive and growth-oriented culture
🔹 Exposure to diverse industries
🔹 Opportunity to build your career in a modern firm

📩 Apply Today:
Send your CV to [email protected]
📝 Subject: Job Vacancy – Accountant (12/2025)
Grow with a modern financial services firm in Cyprus! 💼🚀

27/10/2025

👨🏻‍🏫 Last week, we were delighted to meet with the legal team at Tassos Papadopoulos & Associates LLC, where our Managing Director, Theodoros Drousiotis (ACA, BFP, BSc), delivered an insightful session on Reading and Understanding Company Financial Statements and Identifying Key Areas of Risk for Legal Advisors for AML Compliance.

A big thank you to the legal team for the warm welcome and their active participation. It was a pleasure to engage with such an insightful group — full of great questions, curiosity, and professional scepticism throughout the discussion.

💡4 Key Points to Remember ✍🏻:
1️⃣ Accountants and lawyers must collaborate
2️⃣ Financial statements can reveal potential legal risk areas
3️⃣ Legal insight helps prevent future liabilities
4️⃣ Stay alert and always apply professional scepticism

08/08/2025

Η TED Financial Services σας εύχεται καλό καλοκαίρι και καλές διακοπές!

30/07/2025

www.tedfs.com

🚀 We’re Live! Our New Website is Now Online 🌐

We’re thrilled to announce the official launch of our website!

Explore who we are, the services we offer, and how we can support your business with expert audit, accounting, tax and advisory services - all in one place. Our new online presence reflects our commitment to providing accessible, client-focused solutions, and offers an easier way to connect with us.

🔎 Explore our new digital home: www.tedfs.com
💼 Connect with us on LinkedIn: www.linkedin.com/company/tedfinancialservices
👍 Follow us on Facebook: www.facebook.com/tedfinancialservices
📸 Follow us on Instagram: www.instagram.com/tedfinancialservices