Advising on Taxation
Strategic Tax Advisory to Optimize Your Financial Planning
About Us
Our firm also provides one-to-one tax advice for both local and international high-net-worth individuals/executives and companies.
The Cyprus tax system is one of the most favourable in the European Union and one of the most competitive tax regimes in the world. This is mainly due to the low tax rates and the large number of double tax treaties with many countries. This is why Cyprus has become a strategic jurisdiction for inclusion in tax planning on both corporate and personal levels.
We actively assist our clients (organisations and individuals) on tax planning to take full advantage of all available tax benefits thereby minimizing their tax liability and maximizing their after-tax returns.
Corporate Tax and VAT Compliance
Our corporate tax services are designed to ensure efficient and effective tax planning for companies operating in Cyprus or internationally. Cyprus offers one of the lowest corporate tax rates in the EU at just 12.5%, along with benefits such as no withholding taxes on dividends, interest, or royalties paid to non-residents.
We also simplify VAT compliance, a complex area of taxation, by offering tailored solutions. Our VAT services include registration, preparation and submission of VAT returns, and compliance with EU VAT/VIES regulations, ensuring obligations are met cost-effectively while mitigating risks.
Personal Tax Planning and Substance Solutions
For individuals, particularly high-net-worth executives and non-domiciled residents, Cyprus provides a highly attractive tax environment. Non-domiciled individuals can enjoy exemptions from Special Contribution for Defence (SCD) on dividends and interest for up to 17 years, along with favorable income tax rates. Our team helps individuals establish tax residency in Cyprus to maximize these benefits.
Additionally, we offer substance solutions tailored to the evolving global tax landscape. Establishing economic substance is critical for demonstrating tax compliance and avoiding challenges from foreign jurisdictions. Our customized strategies ensure clients can maintain a robust presence in Cyprus, strengthened by local expertise and strategic support.