What Baker Tilly Cyprus does

Baker Tilly Cyprus is a Cyprus-based professional services firm operating as part of Baker Tilly South East Europe, a regional network of independent member firms spanning Cyprus, Greece, Bulgaria, Romania, and Moldova. The firm delivers assurance (financial statement audit, IFRS advisory and training), tax (compliance, transfer pricing, international tax, DAC6, country-by-country reporting, private client services), advisory (corporate restructuring and recovery, transaction advisory, fund services, HR), financial compliance and reporting (book-keeping, payroll), digital and risk advisory (cyber security, regulatory compliance certification), legal and corporate services, ESG and sustainability consulting, and strategy and management consulting. Clients include multinational and large corporate groups, financial institutions, international businesses with cross-border structures, and sustainability-focused entities, served primarily through direct engagement and referrals from the Baker Tilly International global network.

The firm operates from offices in Nicosia and Limassol with 51–100 employees, using standard accounting and consulting frameworks (IFRS, EU regulatory regimes, BEPS, CSRD) rather than proprietary technology platforms. Its revenue model is fee-based professional services engagement, with pricing not publicly disclosed and engagements typically structured on a quote basis. Following MHA's August 2025 acquisition of Baker Tilly South East Europe for €24 million, the firm operates as part of MHA Group, a UK professional services group listed on the London Stock Exchange AIM market, while remaining a member firm of Baker Tilly International (one of the top 10 global accounting and advisory networks with US$6.8 billion in 2025 revenues).

Name

Baker Tilly Cyprus

Legal name

Baker Tilly Cyprus (operating as part of Baker Tilly South East Europe)

Website

https://bakertillysee.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Baker Tilly Cyprus is a Nicosia-based professional services firm providing assurance, tax, advisory, financial compliance, ESG, digital and risk, and legal services to multinationals, financial institutions, and international business clients across Cyprus and the wider South East Europe region as part of Baker Tilly South East Europe, now owned by London-listed MHA Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit and Assurance Services: Financial statement audits, IFRS advisory and training for corporate clients
2. Tax Services: Country-by-country reporting, DAC6, indirect tax, international tax, private client services, tax compliance, transaction tax services, transfer pricing
3. Advisory Services: Corporate restructuring and recovery, financial advisory, fund services, human resources, transaction advisory services
4. Digital and Risk Advisory: Cyber security solutions, digital advisory services, regulatory compliance certification support, risk advisory services
5. Financial Compliance and Reporting: Book-keeping services, IFRS reporting, payroll services
6. Legal and Corporate Services: Legal and corporate practice areas integrated with other firm services
7. ESG and Sustainability: Environmental, social, and governance consulting and reporting services
8. Strategy and Management Consulting: Strategic planning and operational improvement consulting

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Baker Tilly Cyprus is a professional services firm delivering assurance (financial statement audit, IFRS advisory), tax (compliance, transfer pricing, international tax, DAC6, indirect tax), advisory (corporate restructuring, transaction advisory, fund services), digital and risk advisory (cyber security, regulatory compliance), financial compliance and reporting (book-keeping, payroll), legal and corporate, ESG and sustainability, and strategy and management consulting services to corporate clients. Engagements are delivered through offices in Nicosia and Limassol as part of the Baker Tilly South East Europe network spanning Cyprus, Greece, Bulgaria, Romania, and Moldova.

Product overview

Baker Tilly Cyprus operates as a professional services firm offering a unified portfolio of audit, tax, and advisory services rather than a software product platform. The core offerings include Assurance Services (financial statements audit, IFRS advisory), Tax Services (compliance, transfer pricing, international tax), Advisory Services (transaction advisory, corporate restructuring), Digital & Risk Advisory (cybersecurity, regulatory compliance), Financial Compliance & Reporting (book-keeping, payroll), Legal & Corporate Services, ESG & Sustainability consulting, and Strategy & Management Consulting. These services are delivered through professional engagements rather than software products or modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Assurance Services Financial statement audit and IFRS advisory and training, tailored to the unique needs and challenges of organizations across industries.
• Tax Services Comprehensive tax advisory covering country-by-country reporting, DAC6 reporting assistance, indirect tax, international tax services, private client services, tax compliance, transaction tax services, and transfer pricing.
• Advisory Services Advisory offerings including corporate restructuring recovery, financial advisory services, fund services, human resources consulting, and transaction advisory services.
• Digital & Risk Advisory Services Digital and risk consulting encompassing cyber security solutions, digital advisory services, regulatory compliance certification support, and risk advisory services.
• Financial Compliance & Reporting Services Financial compliance services including book-keeping services, IFRS reporting, and payroll services.
• Legal & Corporate Services Legal and corporate practice areas integrated at various stages in the lifespan of a business or legal entity.
• ESG & Sustainability Environmental, Social, and Governance (ESG) integration services helping organizations incorporate sustainability factors into their business strategy.
• Strategy & Management Consulting Strategic planning and operational improvement consulting for the dynamic and evolving business landscape.

Named customers2 records

Segments3 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.

• MHAcoreStrategic or Co-development Partner · 11 August 2025MHA completed the acquisition of Baker Tilly South East Europe in August 2025 for €24 million. MHA is a UK-based professional services group listed on the London Stock Exchange AIM market. The merger extends MHA's presence to Cyprus, Greece, and the UAE. Baker Tilly South East Europe celebrated its merger with MHA and 30 years of excellence at an official event in Athens.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• EY Cyprus: Big Four firm with full-service Cyprus office delivering assurance, tax, transaction, and consulting services. Competes for top-end audit and advisory engagements and sets pricing benchmarks Baker Tilly must respond to.
• KPMG Cyprus: Big Four firm with a full-service Cyprus office offering audit, tax, and advisory to the largest corporates and financial institutions. Competes with Baker Tilly on the upper end of multinational mandates and statutory audits of large entities.
• PwC Cyprus: Big Four firm with full-service Cyprus presence across assurance, tax, and advisory. Competes with Baker Tilly on statutory audits of large corporates and large cross-border advisory engagements, with significantly greater resources.
• Deloitte Cyprus: Big Four firm providing a full suite of audit, tax, consulting, and risk advisory services in Cyprus. Competes for the largest multinational and financial services audit/advisory mandates, with broader global resources than Baker Tilly.

Direct peers

• BDO Cyprus / BDO SEE member firms: BDO operates a comparable mid-tier audit, tax, and advisory network with member firms in Cyprus and across South East Europe. It targets the same multinational and mid-market client base with overlapping service lines (assurance, tax, advisory), making it a direct head-to-head competitor in the same engagements.
• MHA (Bakertilly Limited): MHA is the UK-headquartered professional services group that acquired Baker Tilly South East Europe in August 2025. It is a Top 15 UK accounting and advisory firm, listed on the London Stock Exchange AIM market, providing integrated audit, tax, and consulting services — now the parent and platform peer.
• Grant Thornton Cyprus / Grant Thornton International: Grant Thornton operates a global mid-tier network with member firms in Cyprus and SEE offering audit, tax, and advisory services. It competes directly for the same mid-market and cross-border mandates as Baker Tilly Cyprus.
• RSM Cyprus / RSM International: RSM is another top-tier mid-market accounting and advisory network with presence in Cyprus and SEE, offering audit, tax, and consulting services to mid-market and cross-border clients. Highly comparable business model, client segment, and service portfolio.
• Mazars Cyprus / Mazars SEE: Mazars is a global mid-tier audit and advisory firm with established presence in Cyprus and SEE. It offers an integrated audit/tax/advisory portfolio targeting the same client segments and is a direct competitor on cross-border engagements.

Emerging players

• Moore Global Cyprus member firm: Moore is a top-10 global accounting and advisory network with member firms in Cyprus and SEE focused on mid-market clients. It overlaps with Baker Tilly on audit, tax, and advisory for mid-market companies and is an emerging peer in the same regional segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/bakertillycy
• Facebookfacebook.com/bakertillyCY
• LinkedInlinkedin.com/company/bakertillycyprus

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Baker Tilly Cyprus