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Indirect Tax
Our experienced VAT specialists are available to assist companies and entrepreneurs of all industries and sizes in meeting their obligations.
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Direct Tax
We can help you ensure a bespoke balance between tax compliance and effective tax planning for your special circumstances.
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Privacy and Data Protection
Our digital risk team is made up of a combination of subject matter experts and technical specialists who can help your business comply with the GDPR.
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Governance, Risk and Compliance (GRC)
While business goals and strategies evolve, our services support you wherever you are in your business cycle. The digital economy is simultaneously increasing the magnitude of new business opportunities while increasing the difficulty of getting it right.
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ISO 27001 and ISO 27701
Grant Thornton’s ISO 27001 and ISO 27701 specialists will arrange and oversee the formal audit process.
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SOC 1,2,3
As a service organization there are many ways to provide assurance to your customers and in turn other stakeholders over your control environment. One of the most effective and cost-efficient ways is to issue a Service Organization Control (SOC) Report.
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Incident Response
Grant Thornton’s Cyber Incident Response Team can support your business in the event of a cyberattack or data loss event. We work alongside your existing IT and Legal teams to provide a co-ordinated, timely and efficient investigation and remediation.
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Hacking Services
At Grant Thornton, our cyber security experts can develop a bespoke penetration testing plan to meet your business needs and unique IT environment. We can undertake the full suite of testing or conduct individual assessments, as required.
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Cyber Health Check
Approximately 54% of organizations report that they have experienced at least one cyber-attack during the past year. Grant Thornton’s cyber health check provides you with an objective, jargon-free assessment of your current cyber security, drawing on both qualitative and quantitative elements.
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Dark Web Threat Intelligence
We use a variety of dark and deep web monitoring tools that continuously scans illegal sites to discover any mention of your data, ranging from breached security credentials such as usernames and passwords to leaked confidential documents of your company.
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Digital forensics and electronic discovery
We offer a full suite of digital forensics and data acquisition services in investigations related to cybercrime, disputes, fraud and regulatory investigations.
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Insolvency
If you're facing a time of personal or corporate financial crisis you need advice from someone who listens, who understands your specific issues and deals with them in a supportive and sensitive manner.
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Crisis stabilisation and turnaround
In periods of financial distress, management teams often face considerable challenges, with many directors having little or no experience of similar conditions.
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Operational and financial restructuring
Companies challenged by underperformance often need support in identifying options for financial or operational restructuring. Tapping this type of advice helps them create a stable platform for business turnaround.
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Accelerated M & A
Even fundamentally sound businesses run into difficulties. Cash flow can come under pressure from the loss of a big client, or a dip in performance can threaten a breach of banking covenants if there is insufficient headroom.
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Life at Grant Thornton
At Grant Thornton Cyprus, we are taking a holistic approach and reimagining the way we work, continually assessing it and making necessary changes to better support our people.
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In the community
Unlocking the potential for growth in our local communities.
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Diversity and inclusion
Diversity helps us meet the demands of a changing world. We value the fact that our people come from all walks of life and that this diversity of experience and perspective makes our organisation stronger as a result.
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Global talent mobility
One of the biggest attractions of a career with Grant Thornton Cyprus is the opportunity to work on cross-border projects all over the world.
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Learning and development
At Grant Thornton we believe learning and development opportunities allow you to perform at your best every day.
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Our values
We are a values-driven organisation and we have more than 56,000 people in over 140 countries who are passionately committed to these values.
Distributed Ledger Technology
Technology has transformed how we work, play and do business. It has provided new solutions to old problems, disrupted traditional business models and helped us grow through becoming more efficient.
One of the most disruptive is distributed ledger technology and its most common application – blockchain. The World Economic Forum lists blockchain as one of the top ten emerging technologies of 2016.
Distributed ledger technology uses cryptographic tools and a distributed consensus process to create a significant innovation in traditional record keeping. Its three main features are:
- Veracity – multiple copies (as opposed to a single copy) of the complete historical record of ledger entries are each verified by consensus.
- Disintermediation – it operates using a peer-to-peer network, rather than requiring a specific central organisation.
- Transparency – it is a public record of activity that can be seen by all market participants.
Having recognised early on the disruption this technology will cause to the way traditional industries like Supply Chain Management, Renewable Energy, E-commerce, Entertainment, Health, Finance plus a lot more, go about their business, Grant Thornton Cyprus has set up a specialized department offering consultancy services to companies that are interested in exploring the whole new world of opportunities opening up for them through the implementation of this technology.
Our Services
Education
Training
Understanding of blockchains is an increasing necessity for today's business leaders. While executives don't need to understand the inner working of a blockchain, it is important that they realize the potential opportunities and threats which will affect their industry. For this reason, we will be circulating relevant material that will help them gain a better understanding of the disruptive potential of this technology.
Seminars
At Grant Thornton Cyprus, it is our firm belief that adoption of the technology will come through education and increased awareness of the benefits it brings to a business. For this reason, we will be organising a number of short seminars that cover specialist topics such as Regulation, Strategy, the State of the Technology, real world use cases applications, etc.
Research and development
Exploratory Study
Our team has developed one of the most detailed data-banks of use cases regarding the successful introduction of the technology in real life scenarios which would help at this early stage identify possible implementation concepts to our clients' specific industry and company characteristics.
Feasibility Study
Upon expression of interest, our team will conduct a Feasibility Study to assess the technical and/or financial viability of introducing the technology into the business. Technical feasibilities will compare existing blockchains protocols or products to achieve a specific goal.
Proof of Concept
Building a prototype or a proof of concept requires specialist knowledge to be done efficiently. Through our network of associates the product will be built quickly and to your specifications. Only after it has been approved by you would we be moving into actual project planning.
Blockchain Architecture
Once the proof-of-concept is approved, our team will architect secure products and guide you towards the right protocol implementation for your specific needs. This service requires serious commitment from the client, it is a very technical and advanced offering.
Product Development
Our specialized team of analysts, developers and cryptographers will then proceed with the development of the front and back end of the final product followed by a sandbox testing and quality assurance.
Advice and strategy
Blockchain Strategy
As we firmly believe that blockchain technology will become mainstream in a few years, defining your strategy around blockchain is a necessity. Keeping an eye on technical and application developments in this sector will give you an edge over competition. Our team will help you pick the right direction for your company in line with your values.
Advisory Services
If you are about to consider a blockchain implementation, we can assist you in making the right business or technical choices from a truly unbiased point of view. We can also guide you to choose the best teams to develop your products depending on its characteristics. No "one size fits all" in blockchain.
