Eurofast

What Eurofast does

Eurofast is a regional business advisory firm founded in 1978 and headquartered in Nicosia, Cyprus, operating a network of 23+ offices across 17 countries spanning Southeast Europe, the Middle East, the Caucasus, Eastern Europe, and the Baltics. With between 101 and 250 employees and 48 years of operating history, the firm serves entrepreneurs, mid-market businesses, and high-net-worth individuals seeking to establish, operate, or expand within these regional markets. The customer base is segmented across three identifiable cohorts: market-entry entrepreneurs requiring corporate setup and residency support, established businesses needing ongoing multi-jurisdiction tax, accounting, payroll, and compliance services, and HNW individuals pursuing citizenship-by-investment and residency programs.

The service portfolio covers tax consulting, accounting, payroll administration, M&A advisory, fund administration, Employer of Record (EOR) services, GDPR compliance, citizenship and residency programs, and corporate/trustee services. Underlying infrastructure centers on the Pantheon ERP platform for back-office operations, supplemented by standard web technology (WordPress, Google Analytics, LinkedIn integration). Delivery relies on a locally licensed advisor model embedded in each jurisdiction, combining cross-border professional services scale with jurisdiction-specific regulatory expertise. Notable operational additions include the Banja Luka Outsourcing Center for shared-service delivery, a Dubai office opened in 2025, and the Eurofast Academy launched in 2025-2026 as a structured talent pipeline.

Eurofast's business model is professional services fees with quote-based, engagement-scoped pricing rather than productized subscriptions. Distribution is sales-led and relationship-driven, leveraging the physical office network across target markets. The Kelly Partners partnership, which would have integrated Eurofast into a larger international network, was terminated in June 2026, reverting the firm to independent status under new top-of-house leadership appointed in mid-2026 (Christoforos Kittenis as CEO and Antonis Gavrielides as Group CEO). The firm was awarded the RapidRatings Gold Badge in March 2026, publicly affirming its financial health rating for the third consecutive year.

Name

Eurofast

Legal name

Eurofast

Website

https://eurofast.eu

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

101–250 employees

Short description

Eurofast is a regional business advisory firm operating 23+ offices across 17 countries in Southeast Europe, the Middle East, the Caucasus, Eastern Europe, and the Baltics, providing tax, accounting, payroll, M&A, EOR, and corporate services to entrepreneurs, businesses, and high-net-worth individuals.

Ownership category

akta.pro rank

Product category

Business Advisory Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Human Resources Consulting Services (541612), Other Management Consulting Services (541618), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Local Entity Setup & Expansion Advisory (Market Entry, Subsidiary Formation) (BPACAHAM)

akta.pro secondary industry

Employer of Record (EOR) & Global Payroll (FSAMAKAB)

Keywords

• Tax advisory services
• Accounting compliance
• Payroll administration
• Company registration services
• Cross-border business advisory

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices25 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services Fees: Eurofast generates revenue through fees for professional services including company registration, accounting, tax compliance, payroll services, HR administration, M&A advisory, corporate services, citizenship and residency programs, and transfer pricing services. Services are delivered through local advisors in multiple jurisdictions across Southeast Europe, Middle East, and the Baltics.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Eurofast is a regional business advisory firm that delivers professional services across 17 countries spanning Southeast Europe, the Middle East, the Caucasus, Eastern Europe, and the Baltics. Its core offerings include market entry advisory, company registration, corporate and trustee services, M&A advisory, fund administration, accounting and compliance, tax and transfer pricing, payroll, Employer of Record (EOR), HR administration, GDPR services, international banking, and citizenship/residency programs. Services are delivered by locally licensed advisors in 23 fully-fledged offices plus associated offices in Beirut and Erbil.

Product overview

Eurofast is a regional business advisory organization offering a comprehensive suite of professional services across Southeast Europe, Middle East, and the Baltics. The company operates from 23 offices in 17 countries and provides integrated services including Market Entry Services, Company Registration, Corporate & Trustee Services, Mergers & Acquisitions, Fund Administration, Accounting & Compliance, Tax & Transfer Pricing, Payroll Services, Employer of Record (EOR), HR Administration, GDPR Services, International Banking, and Citizenship & Residency Programs. Eurofast also operates a Banja Luka Outsourcing Center and runs Eurofast Academy, a graduate training program focused on Accounting & Payroll.

Differentiator

Problem solved

Functional benefit

Brands

• Eurofast Academy: A hands-on graduate program designed to bridge the gap between academic knowledge and professional experience, focused on Accounting & Payroll.

Products and services

• Market Entry Services
• Company Registration Services
• Corporate & Trustee Services
• Mergers & Acquisitions
• Fund Administration
• Accounting & Compliance
• Tax & Transfer Pricing Services
• Payroll Services
• Employer of Record (EOR)
• HR Administration
• GDPR Services
• International Banking
• Citizenship & Residency Services
• Outsourcing Center (Banja Luka)

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Kelly Partners GroupminorStrategic or Co-development Partner · 16 June 2026Kelly Partners Group Holdings Ltd announced that its proposed partnership with Eurofast will not proceed following a comprehensive review. The partnership was initially considered part of Kelly Partners' strategic initiatives to expand business operations. Kelly Partners cited its disciplined approach to capital allocation and selective acquisition process. No further details were disclosed on why the partnership was terminated.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• BDO Global: BDO is a global mid-tier accounting and advisory network offering tax, payroll, EOR-adjacent advisory, and corporate services across emerging markets — directly comparable to Eurofast's multi-jurisdiction advisory model in SEE/CEE, though BDO operates at much broader geographic scale.
• Mazars: Mazars is an international audit, tax, and advisory firm with strong presence in Europe and emerging markets, offering payroll, accounting, and corporate services — comparable to Eurofast in cross-border professional services for SMEs and mid-market clients.
• Deloitte: Deloitte is a Big 4 firm offering tax, legal, consulting, and EOR-adjacent services globally, with established offices across all of Eurofast's geographies — a broader incumbent competing for the largest cross-border mandates Eurofast also pursues.
• PwC: PwC is a Big 4 firm with full-service tax, advisory, and HR/payroll consulting across SEE, Middle East, and the Baltics — competes with Eurofast for enterprise cross-border mandates but typically on larger, more complex engagements.

Emerging players

• Deel: Deel is a global digital EOR/payroll platform rapidly expanding across Europe and emerging markets — competes with Eurofast's EOR and payroll services line with a software-led model that pressures fees and delivery speed.
• Remote: Remote is a digital-first EOR/payroll platform with growing coverage in Europe — a direct competitor to Eurofast's EOR service on speed and pricing, particularly for tech and remote-first employers expanding into SEE and the Baltics.

Direct peers

• Baker Tilly International: Baker Tilly is a top-10 global accounting network with significant CEE/SEE presence, offering tax, advisory, and corporate services — a closer peer to Eurofast than the Big 4, competing head-to-head for mid-market cross-border mandates in the same geographies.
• RSM Global: RSM is a global mid-tier network providing audit, tax, and consulting services with a strong European footprint — a direct competitor for cross-border SME advisory engagements and EOR-adjacent services similar to Eurofast's portfolio.
• Crowe Global: Crowe is an accounting and advisory network with extensive CEE/SEE coverage via member firms — competes with Eurofast for tax, payroll, and corporate services for mid-market clients in overlapping jurisdictions.
• PKF International: PKF is a global mid-tier accounting network with member firms across SEE, the Baltics, and the Middle East — competes directly with Eurofast for tax compliance, accounting, and business advisory work in emerging markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/eurofast

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurofast