Tax Services

Tax Services CyprusTax planning and preparation form a winning combination for the success of our individual and business clients. Whether you are an individual or a multi-national company, our team can develop tax strategies that take advantage of new tax laws and legislations.

 

 

Corporate Tax Services

By keeping up to date with new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both current and future tax liabilities of our clients.

  • Corporate Tax Consultancy
    Cyprus is an established international financial centre with the most favorable tax regime in the European Union and with numerous double tax treaties.Our tax advisors assist clients to take full advantage of the opportunities offered for effective international tax planning using Cyprus and other jurisdictions.
  • Corporate Strategic Tax Planning
    As a result of globalization of the world’s economy, effective tax planning is a crucial factor for the success of all businesses. Through our network of tax specialists we help businesses expand in new territories and minimize their tax burden by effective tax planning. In addition, we provide tax advice on strategic decisions such as mergers and acquisitions, group reorganizations, trust formations and international tax planning.
  • Tax Returns and Computations
    Through our firm’s Tax Team we also provide Tax Compliance services which include but are not limited to:

    • Preparation and submission of Corporate and Individual Income Tax return forms
    • Provisional Tax Assessments
    • Tax computations
    • Liaising with Tax Authorities
  • Tax Opinions
    Our firm has an in-depth knowledge of the tax system in Cyprus and, based on information presented to us, we can provide you with a tax opinion, which is specific to your circumstances.
  • Tax Rulings
    We can request and obtain an official tax ruling from the Income Tax Office, with respect to specific circumstances which are applicable to your company.
  • Tax Certificates
    Liaising with the Tax Authorities and obtaining tax clearance certificates, tax residence certificates and double taxation certificates.

Individual Tax Services

  • Tax Services for Individuals
    We provide our clients with the taxation expertise and knowledge that they deserve throughout the year.
  • Tax Consultancy and Planning
    Our Firm’s tax department assists individuals with any personal taxation issue such as tax planning and compliance, trust planning, investment planning, pension and life insurance, etc.
  • Tax Returns and Computations
    We offer to our individual clients:

    • Assistance in preparation of their tax returns
    • Submission of the required tax return to the Inland Revenue
    • Advice and preparation of capital statements
    • Personal tax planning
    • Advice on tax issues affecting expatriates
    • Liaising with the local tax authorities.
  • Capital Statements
    Our tax specialists assist clients with:

    • Advice and preparation of capital statements
    • Submission of the capital statements to the Inland Revenue
    • Liaising with the local tax authorities
  • Tax Certificates
    Liaising with the Tax Authorities and obtaining tax clearance certificates, tax residence certificates and double taxation certificates.

Value Added Tax Services

  • Value Added Tax
    Non-compliance with VAT regulations can be costly and the fines for failure to comply with the legislation may result in excessive penalties.We help our clients by reviewing their VAT systems to determine their effectiveness. Where these are found to be lacking we help devise the appropriate strategies to mitigate future errors and reduce risks.
  • Consultancy and Planning
    Value Added Tax is one of the most complex tax issues that businesses are faced with since many organizations will sometimes miscalculate their liabilities. VAT, an indirect tax, can impose major cost and compliance burdens. Correct handling of VAT however can lead to additional sources of cash inflow for some firms.Our tax specialists assist clients with VAT compliance obligations and provide services in relation to VAT reviews thus assisting in early identification of problematic areas. They also advise clients on international transactions involving VAT.Services in this field include among others:

    • Preparation and filing of VAT/VIES/Intrastat returns
    • Negotiation with the VAT authorities
    • Efficient VAT recovery
    • VAT diagnostic reviews
    • Advice on mitigating VAT costs and managing risks on importing/exporting
    • EORI Registration.
  • VAT Returns and Registration
    Our team assists clients with:

    • VAT registration
    • VAT Investigations
    • Completions and submission of VAT returns.
  • Intrastat Returns and Registration
    We assists our clients with:

    • Intrastat Registration
    • Preparation and submission of Intrastat forms.
  • VIES Returns and Registration
    Out team assists our clients with:

    • VIES Registration
    • Preparation and submission of VIES returns

     

Other Tax Services

By keeping up to date with new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both current and future tax liabilities of our client.

  • Capital Gains and Immovable Property tax
    We consult and assist clients with regards to:

    • Capital Gains Tax
    • Immovable property Tax

 

Have a question about our services?

Please do not hesitate to contact us











captcha