Terms and Conditions

1. Compliance with Laws and Regulations

You agree to comply with all applicable laws and regulations, including:

• 1.1 Cyprus tax laws and filing requirements
• 1.2 European Union regulations applicable to your business operations
• 1.3 Anti-money laundering and know-your-customer requirements
• 1.4 Data protection regulations including GDPR
• 1.5 Industry-specific regulations relevant to your business sector

2. Information Accuracy and Completeness

You are responsible for:

• 2.1 Providing accurate, complete, and truthful information in all communications with Prime Books
• 2.2 Maintaining organized financial records and supporting documentation
• 2.3 Promptly notifying us of any changes to your business structure, operations, or contact information
• 2.4 Disclosing all relevant financial information necessary for accurate service delivery
• 2.5 Correcting any errors or omissions in information you have provided

3. Prohibited Activities and Conduct

You agree not to engage in any of the following activities:

• 3.1 Misrepresenting financial information or concealing material facts
• 3.2 Using our services for illegal purposes, tax evasion, or money laundering
• 3.3 Attempting to compromise the security or integrity of our systems
• 3.4 Harassing, threatening, or behaving inappropriately toward our staff
• 3.5 Violating intellectual property rights or confidentiality obligations

4. Indemnification Obligations

You agree to indemnify and hold harmless Prime Books, its partners, employees, and agents from any claims, damages, losses, or expenses arising from your violation of these terms, provision of inaccurate information, failure to comply with applicable laws, or unauthorized use of our services. This indemnification includes reasonable legal fees incurred in defending against such claims.

5. Client Cooperation Requirements

Effective service delivery requires your active cooperation. You agree to respond promptly to information requests, attend scheduled meetings or consultations, provide timely access to financial records and systems, and implement recommended accounting practices and controls within reasonable timeframes.

6. Disclaimer of Warranties

While we strive for excellence in all services, certain disclaimers apply:

• 6.1 Our website and general information are provided on an "as is" and "as available" basis without warranties of any kind, express or implied
• 6.2 We do not warrant that our website will be uninterrupted, error-free, or free from viruses or other harmful components
• 6.3 General information on our website is for educational purposes and does not constitute professional advice for your specific situation
• 6.4 Tax laws and regulations change frequently; while we stay current, we cannot guarantee information is always up-to-date

7. Professional Service Standards

For contracted professional services, we commit to:

• 7.1 Performing services with professional competence and due care in accordance with Cyprus accounting standards
• 7.2 Maintaining professional liability insurance to protect against errors and omissions
• 7.3 Following applicable professional ethics and conduct standards
• 7.4 Providing services based on information you provide to us

8. Limitation of Liability

To the maximum extent permitted by Cyprus law, Prime Books' liability is limited as follows:

• 8.3 Liability limitations do not apply to damages caused by intentional misconduct or gross negligence on our part
• 8.4 Claims must be brought within one year of the date when the claimant knew or should have known of the facts giving rise to the claim
• 8.5 We are not liable for third-party actions or advice beyond our control

9. Consequential Damages Exclusion

Under no circumstances shall Prime Books be liable for any business losses, including loss of contracts, loss of profits, loss of anticipated savings, loss of data, loss of goodwill, or any other indirect or consequential loss arising from our services or website use. This exclusion applies regardless of the legal theory upon which the claim is based.

10. Third-Party Reliance

Our services and work products are prepared exclusively for your use and benefit. Third parties who obtain access to our work do so at their own risk. We accept no duty of care or liability to third parties who rely on our work products without our explicit written consent.

11. Governing Law and Jurisdiction

These Terms and Conditions are governed by the laws of the Republic of Cyprus:

• 11.1 All disputes shall be subject to the exclusive jurisdiction of the Cyprus courts
• 11.2 Cyprus substantive and procedural law applies to all aspects of our relationship
• 11.3 EU regulations applicable in Cyprus also govern where relevant
• 11.4 Professional conduct is governed by Cyprus Institute of Certified Public Accountants regulations

12. Dispute Resolution Procedures

In the event of disputes, we encourage the following process:

• 12.1 Initial resolution through direct communication with our managing partner
• 12.2 Mediation through a mutually agreed professional mediator if direct resolution fails
• 12.3 Arbitration in Cyprus under applicable arbitration rules if mediation is unsuccessful
• 12.4 Litigation as a last resort, following exhaustion of alternative dispute resolution options

13. Severability Clause

If any provision of these Terms and Conditions is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving its intent. If modification is not possible, the provision shall be severed, and the remaining provisions shall continue in full force and effect.

14. No Waiver

Our failure to enforce any right or provision of these terms shall not constitute a waiver of that right or provision. No waiver of any term shall be deemed a continuing waiver of such term or any other term. To be effective, any waiver must be in writing and signed by an authorized representative of Prime Books.

15. Entire Agreement

These Terms and Conditions, together with our Privacy Policy, Terms of Service, and any specific service agreement you have with us, constitute the entire agreement between you and Prime Books regarding use of our website and services. They supersede all prior agreements, understandings, and communications, whether written or oral.