Afxentis Zemenides

Financial Services Ltd

Financial Advice

Trust and Cooperation


Company Profile

Afxentis Zemenides Financial Services Ltd is a boutique firm of accountants, financial advisors and business consultants based in Limassol, Cyprus. We provide accounting, payroll, personal tax, company tax and VAT Services to both local and international clients.

Moreover we assist clients to open bank accounts and obtain loans from banks in Cyprus. Through our international network of associates , we provide services such as international tax planning, company formation and citizenships in various jurisdictions.

Our advisory services are based on giving innovative and independence advice. Our sister company A.Zemenides & Co Ltd provides auditing and assurance services.

We aim ,through the two companies, to provide a top-tier “one stop shop” services to all our clients in a professional manner and of the highest standards.


Banking Services

We offer full loan services that include sourcing and structuring of debt and equity, feasibility analysis and due diligence services. Borrowers benefit from our extensive market knowledge on structure, covenants and pricing across different lenders. Our team provides specialized services working with all local banks to match client preferences with possibilities available in the local market. We provide full service for opening Bank Accounts for individuals and companies in local Banks.

Book keeping, Tax Advice

We provide clients with accounting, tax and advisory services in a cohesive, personal and customized manner.  We also offer a wide range of tax compliance, tax planning and tax advisory issues.

Who We Are

Our Clients
Afxentis Zemenides

He has worked for KPMG ( Cyprus) , Limassol Cooperative Savings Bank and Cyprus Cooperative Bank (CCB).

He held major positions in CCB, like Regional Manager for Restructuring (Limassol and Paphos) and Limassol Regional Manager for Retail Banking. He was also a Manager in KPMG in Limassol.

He has extensive experience in the Financial Services sector.

Afxentis is a qualified Chartered Certified Accountant, a fellow of the Association of Chartered Certified Accountants (FCCA) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). He is also a member of the Board of other private and public organisations including the Cyprus University of Technology (TEΠΑΚ) and ANCORIA INSURANCE.

He has an MBA from the University of Kent, UK.


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IR Global - UBO Updates

Our Firm , as a member of IR Global network of professional accountants, lawyers and business advisors , has contributed in the preparation of the publication which provides information about UBOs in different countries. You can access the document from HERE.

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Provisional Tax Payment for 2021 Corporation Tax - 1st Instalment Deadline End of July 2021

You are required to calculate the 2021 Corporation Tax of your company and to proceed with the prepayment of the 2021 Corporation Tax in two instalments...

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New Strategy for Attracting Business in Cyprus

The Cyprus government announced on Friday, 15 October 2021, its new strategy for attracting investors to Cyprus, giving emphasis on high-tech, research and development, shipping, pharmaceuticals and biogenetics/biotechnology...

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Contact us

Our Offices

Cyprus Office

61 Omirou Street3091Joanna Court, 3rd floorLimassolCyprus

Phone: (+357) 25745800 Fax: (+357) 25745801