Business in Cyprus

Magnumserve Group of Companies

SOTERIS PITTAS & CO LLC with MAGNUMSERVE Group of Companies have been offering their services to discerning international clients for many years.

The group of companies was founded on the principles of providing a new platform for the international financial industry by offering a full spectrum of consulting and administrative services in Cyprus.

We have all the expertise you require to place investments globally – a strategy used by investors seeking to develop structures to minimize taxes, protect their assets, better plan their estates and enhance the privacy of their financial affairs.

The many years of experience accumulated by Magnumserve’s directors and senior officers will ensure that our clients will receive the high quality, responsive service required to meet their international financial needs on a worldwide basis.

All communication and data is exchanged in complete confidence. While our offices and records are located in a secure location, we advocate the use of data encryption software for client e-mail correspondence.


Magnumserve Group of CompaniesMagnumserve Group of CompaniesMagnumserve Group of Companies

Magnum Serve Corporate ServicesConfidentiality

Confidentiality and security have become key issues in a world of constantly advancing global communications. Every investor should be concerned about possible incursion into their personal and financial affairs.

Magnumserve employs state-of-the-art technology in the secure areas of their Website and in all clients’ communications.

While properly structuring your international financial affairs can go a long way to protecting against third party access, a great deal of extra protection is afforded if you incorporate and remain aware of a number of proven privacy strategies and methods. Please contact us to discuss your requirements in more detail.

 Services provided by the company:

  • Company incorporation in Cyprus and other jurisdictions
  • Day-to-day corporate administration
  • Registration to Income Tax, VAT & Social Insurance Department
  • Tax residency certificates
  • Opening, monitoring and managing (as signatories) bank accounts
  • Arranging for company searches
  • Preparation, review and execution of agreements, contracts, power of attorney and other various legal documents
  • Drafting and amending the Memorandum and Articles of Association
  • Handling correspondence with third parties and various authorities
  • Monitoring local compliance with statutory requirements and filings
  • Arranging for legal opinions or other legal work where necessary
  • Arranging for registration of trademarks or trade names
  • Arranging for bank credit cards
  • Assistance for setting up a fully-fledged office in Cyprus
  • Other corporate and secretarial services
  • Bookeeping services

Magnumserve has links and can assist in all corporate and related services in over 15 jurisdictions like UK, Russian Federation, Ukraine, Bermuda, Gibraltar, Belize, UAE, Swisstzerland, Hong Kong, Singapore, Seychelles, Panama, Mauritius, BVI, Marshall Islands, USA etc.

Our specialised services, local know-how and continuous support are offered from professionals who possess deep knownedge of the local corporate environment and relevant legislations.

Magnum Serve Corporate Services

The main services offered worldwide are:

  • creation and registration of companies;
  • transfers to other jurisdictions;
  • provision of corporate services;
  • opening and maintaining bank accounts.

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