Konkrit Accounting

What Konkrit Accounting does

Konkrit Accounting Services Ltd. is a Limassol, Cyprus-based professional services firm founded in 2016 that delivers IFRS-compliant accounting, payroll, tax and VAT, financial advisory, and legal/corporate services. Its core offering bundles five integrated service lines — Comprehensive Accounting Services, Customised Payroll Services, Tax and VAT Services, Financial Services Advisory, and Legal & Corporate Services — delivered by a small team of approximately seven professionals including a Managing Director with 16+ years of Big-4 and financial-services experience and a CySEC Advanced Diploma. The firm is differentiated by specialisation in CySEC-regulated entities: it manages a portfolio of 30+ clients that includes Cyprus Investment Firms, Alternative Investment Funds, and Payment Institutions, alongside software development companies and AI-related ventures. Service delivery is direct and bespoke, with no software product, app, API, or proprietary platform; every engagement is scoped manually after a free initial consultation.

The business model is classic professional-services fee-for-engagement: revenue is generated through billable hours and retainers across accounting, payroll processing, tax filings, advisory mandates (feasibility studies, due diligence, valuations), and legal mandates (corporate, banking, real estate, immigration, litigation). Pricing is not publicly disclosed, the firm does not advertise standard rate cards, and there is no indication of subscription or productized offerings. Go-to-market is sales-led and direct, anchored on the founder's reputation and regulatory credentials; top-of-funnel demand generation relies on the corporate website, a news/blog center, and social media rather than paid acquisition. Geographically, delivery is headquartered in Limassol but extends to clients in the UK, Slovakia, the Czech Republic, Israel, and Hong Kong, indicating cross-border servicing of Cyprus-domiciled or Cyprus-regulated entities from a single Cyprus base.

Konkrit is a private, founder-owned limited company with no disclosed external funding, no subsidiaries, and no parent entity. It is operating and actively hiring, with open requisitions for Payroll Officer, Senior Accountant, Accountant, and Junior Accountant. Ownership is concentrated in the founder (Christoforos Theodosiou) with a two-person senior leadership team (Costas Stylianides as Director and Head of Accounting, Afroditi Trimikliniotou as Head of Payroll), and there are no awards, patents, regulatory actions, M&A activity, or partnerships disclosed in the available material.

Name

Konkrit Accounting

Legal name

Konkrit Accounting Services Ltd.

Website

https://konkritaccounting.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Konkrit Accounting is a Limassol, Cyprus-based professional services firm providing IFRS accounting, payroll, tax, advisory, and legal services, specialising in CySEC-regulated entities (CIFs, AIFs, Payment Institutions) alongside tech and AI ventures across multiple jurisdictions.

Ownership category

akta.pro rank

Product category

Professional Accounting Services

NAICS

Offices of Certified Public Accountants (541211)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industries

Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG), Fund Accounting & NAV Services (Asset Servicing) (FSAAAOAF)

Keywords

• Accounting services
• Tax advisory
• Payroll processing
• Financial advisory
• Bookkeeping services

Headquarters

HQ city

Limassol

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Accounting and Bookkeeping Services: Comprehensive accounting services including maintenance of accounting records, preparation of management reports, and bookkeeping for local and international clients.
2. Payroll Services: Customised payroll services including processing monthly payrolls, fulfilling social insurance obligations, and preparing tax returns.
3. Tax and VAT Services: Tax advisory, compliance, structuring, and filing services for individuals and companies.
4. Financial Services Advisory: Business and financial advisory including mergers and acquisitions advice, feasibility studies, due diligence reports, and business valuations.
5. Legal and Corporate Services: Corporate and commercial law, banking and finance law, financial regulation, real estate law, immigration law, and litigation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Konkrit Accounting is a Cyprus-based professional services firm that delivers accounting, bookkeeping, payroll, tax, financial advisory, and legal services to businesses and individuals. The firm specializes in IFRS-compliant record maintenance and management reporting, full-cycle payroll processing and statutory compliance, international tax structuring and VAT services, financial advisory on mergers, acquisitions, due diligence, and valuations, and corporate/commercial legal services. Its primary niche is regulated Cyprus financial entities (CIFs, AIFs, AIFLNPs, Payment Institutions) alongside multinational entities, startups, and high-net-worth individuals.

Product overview

Konkrit Accounting is a full-service accounting firm offering a unified portfolio of accounting, payroll, tax, financial advisory, and legal services. The company operates as a single integrated service offering rather than a modular software platform. Its core services include Comprehensive Accounting Services (IFRS-compliant record maintenance, management reporting, and budgeting), Customised Payroll Services (full-cycle payroll processing and compliance), Tax and VAT Services (international tax structuring and planning), Financial Services Advisory (mergers, acquisitions, valuations, and due diligence), and Legal & Corporate Services (corporate law, banking regulation, real estate, and litigation). The firm specialises in serving regulated entities including Cyprus Investment Firms (CIFs), Alternative Investment Funds (AIFs, AIFLNPs), and Payment Institutions (PI), alongside software development companies and AI-related ventures.

Differentiator

Problem solved

Functional benefit

Products and services

• Comprehensive Accounting Services

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Deloitte Cyprus: Big-4 firm in Limassol/Nicosia with established financial services and investment management practices. Competes with Konkrit for regulated-entity accounting and advisory mandates.
• EY Cyprus: Cyprus arm of EY, serving investment firms, funds, and payment institutions with audit and advisory services. Overlaps with Konkrit's regulated-entity niche but offers a wider service menu and global network.
• Mazars Cyprus: International accounting firm with Cyprus presence serving financial services and corporate clients. Provides IFRS, audit, and tax services comparable to Konkrit's offering.
• PwC Cyprus: Big-4 firm in Cyprus with a strong financial services practice covering CIFs, AIFs, and banking clients. Comparable regulatory expertise to Konkrit at materially larger scale.
• KPMG Cyprus: Cyprus office of the Big-4 firm providing audit, tax, and advisory to regulated financial entities (CIFs, AIFs, PIs). Directly comparable client base to Konkrit but at a much larger scale and broader portfolio.

Direct peers

• Grant Thornton Cyprus: International mid-tier firm in Cyprus with financial services and fund accounting practices. Offers similar accounting, tax, and advisory services to Konkrit's regulated-entity clients.
• Baker Tilly Cyprus: Mid-tier firm in Cyprus offering accounting, tax, and advisory to regulated entities and SMEs. Comparable service menu and target client profile to Konkrit.
• HLB Cyprus: International mid-tier network firm in Cyprus providing accounting, tax, and advisory services to SMEs and regulated entities. Comparable in scale and target market to Konkrit.
• Crowe Cyprus: Mid-tier accounting practice in Cyprus with expertise in regulated entities and cross-border structuring. Directly comparable firm size and service portfolio to Konkrit.
• BDO Cyprus: Mid-tier accounting and advisory firm in Cyprus with strong presence in regulated financial services and funds. Closest direct competitor to Konkrit in serving CIFs, AIFs, and PIs at a comparable firm size.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/konkritaccounting

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Konkrit Accounting