Taxation
Our firm offers a wide range of tax services to both companies and individuals. By combining a strong understanding of our clients’ business and economic needs with our specialist tax knowledge, we ensure that we fulfill our clients’ every taxation requirement efficiently and effectively.
Corporation and Personal Tax
Our services with regards to corporate and personal tax include, amongst others, the following:
- Tax Planning
- Tax opinions and Tax rulings
- Registration of companies with the Inland Revenue Department
- Preparation and filing of annual and provisional tax returns
- Administration of the payment for settlement of tax liabilities
- Appeals against tax assessments raised by the tax authorities
- Preparation and submission of capital statements (for individuals)
International Tax Planning
Cyprus tax regime favors the establishment of group holding companies in order to minimize the global tax burden of groups. Other vehicles, such as funds or trusts can be used as a means of asset protection and benefit from the favorable terms of the Cyprus legislation and taxation system.
International tax planning services revolve around the following:
- Advice to clients on the most tax efficient structures
- Advice and assistance on the establishment of funds and trusts
- Advice and assistance on the establishment of foundations
Tax compliance
Our services with regard to tax compliance include but are not limited to the following:
- Tax rulings
- Tax clearance certificates
- Tax residence certificates
Value Added tax (VAT) and Indirect Taxes
Our firm offers a broad range of services with regards to VAT and Indirect Taxes in order to enable our clients to meet their liabilities effectively. More specifically we offer the following:
- Registration of companies and individuals with the VAT authorities
- Preparation and submission of quarterly VAT returns
- Registration of companies and individuals, preparation and submission of VIES and Intrastat declarations
- VAT advisory services