Our Services

ICC SOVEREIGN GROUP provides a wide range of services such as company formation, tax & corporate planning, accounting, payroll and VAT, corporate advisory, provision of corporate offices, secretarial services, bank accounts etc. It serves companies that operate around the globe including, but not limited to, Cyprus, Greece, United Arab Emirates, United Kingdom, Malta, Singapore, Sweden, Hong Kong.

Our services can help companies of all sizes, whether a company wants to globalise, or whether it needs support to streamline existing operations.

Company Formation

We have more than 20 years’ experience in company formation and company maintenance worldwide.

Formation of a Company is an important decision and before doing so, a number of factors need to be considered.

The most important one is how the company is planning to be used i.e. as a Trading company, Holding company, Property Investment Company?

ICC SOVEREIGN GROUP experienced personnel ensures the understanding and the needs of each client in order to set up the appropriate accounting structure. We have the knowledge to provide the appropriate accounting and reporting services in every jurisdiction that we operate.

The accounting services provided include the following:

  • Maintenance of proper accounting records
  • Accurate and comprehensive bookkeeping services
  • Invoicing services as per clients instructions
  • Payroll services including registration to the relevant Government Authorities
  • Preparation of management accounting reports (monthly, quarterly, half yearly, yearly)
  • Preparation of financial statements in accordance with IFRS (International Financial Reporting Standards)
  • Preparation and submission of VAT & VIES declarations
  • Preparation of annual tax computations
  • Bank account management

Nominee service is an intermediary ownership and management tool, meaning the appointment to official positions in the company (director, secretary), or as a shareholder, nominee persons, both physical and legal.

Nominee Director

A nominee Director is a third party, physical or legal, who is nominated to act as a director in a Company. A Nominee Director Service Agreement has to be signed prior to the appointment of the Director which will define in detail the duties and/or limitations of the Nominee.

Nominee Shareholder

A nominee Shareholder is a third party, physical or legal, who is holding shares and other securities on behalf of the actual Beneficial Owner (s). The Nominee Shareholder does not actually own the shares and/or the securities and the actual Beneficial Owner (s) is entitled to all income and capital gains derived from the shares and/or the securities. A Declaration of Trust has to be signed between the Nominee Shareholder and the actual Beneficial Owner (s). The Trust will be kept in the Company’s Registered Office and will not be public record.

In today’s complex environment with constant changes in regulations and greater demands for transparency, the Company Secretary’s role became very demanding and time consuming.

The duties of a Company Secretary are different in every country due to the different regulations and statutory requirements in place. Our local teams have detailed knowledge of the regulations and can deliver efficient and reliable Company Secretarial Services in every jurisdiction we operate.

The opening of a bank account, personal or corporate, is sometimes tricky and time consuming. In some jurisdictions the physical presence of the owner is mandatory whereas in some other jurisdictions no physical presence of the account owner is required. We ensure you that we can make the whole procedure from being tricky, extremely straight forward and efficient.

Our Virtual Office service provides you with a local point of contact for your customers and all the benefits of a permanent office without the need to actually be there. Our services can be customised in order to fit each clients’ business needs and budget.

The virtual office option provides significant savings and flexibility compared to renting a traditional office space.

Our services include the provision of a Registered Office, phone forwarding, call answering, fax number and meeting room support.

Strategy Development – Deliverables include a Strategic Plan with specific goals, and a Project Plan for monitoring progress.

Strategy Implementation – Deliverables include a Project Plan, Progress Reports on a monthly basis and implementation of the company’s strategy.

Performance Improvement – The areas analysed for increasing revenue include the internet presence of the client as well as his organisation in the areas of sales and marketing. The areas for reducing costs are focused on the operation of the supply chain. Based on the results of the diagnostic study, the areas for improvement are assessed and prioritised. Then, with our assistance, the company implements the changes required in order to achieve its profitability targets.

Corporate Restructuring – Based on the strategy and the objectives of our clients, we recommend a new detailed organisational structure. Additionally, we assist our clients by participating in the implementation of the new structure. Deliverables include a new organisation chart with key positions and job descriptions and assistance in the implementation phase.

Business Turn-Around – For companies facing severe problems and possibly viability issues, we appraise your company’s current situation, recommend and implement the necessary changes in order to turn-around your company and return to profitability.

Acquisitions & Disposals – Provide assistance in all stages of acquisitions from identifying acquisition targets to integrating the businesses successfully. Also, assistance in all stages of disposals from identifying buyers to selling the business successfully.

Financial Restructuring – Identify the company’s financial needs and provide assistance in obtaining finance from various sources (e.g. banks, angel investors, venture capital firms) for existing businesses or new ventures.