We provide international tax planning advice, alternative tax structures, including the formation of a Cyprus Company or a Cyprus International Trust or Foundation, as well as advice on direct and indirect taxation.
Bolstered by an impressive network of 48 double tax treaties (link to Memo on Double Tax Treaties) and an attractive tax regime, Cyprus is considered an ideal base for international corporate investment. As a result, we have developed extensive expertise in all matters relating to corporate tax, income tax, property tax, trusts, public sector and charities, international tax, capital projects and finance and are able to address clients’ demands efficiently and effectively.
In addition to offering tax advice, we also represent clients in all types of tax litigation matters before the Cyprus Courts.
The provision of advice in taxation matters, including international tax planning, is a key component of our practice, and it plays a key role in various transactions such as finance transactions, mergers and acquisitions, cross-border operations, as well as company establishment and group structuring and restructuring.
Recognizing the significance of providing comprehensive and efficient tax advice, the Firm’s legal team continually strives to assess the current developments and international trends in relation to tax transparency, substance and value creation, and at the same time to optimally utilize the Cyprus double taxation treaty network and the existing tax advantages and benefits offered by the tax systems of various jurisdictions to obtain the most effective tax planning opportunities for its clients.
Our firm has extensive expertise in advising and assisting clients in attaining tax efficiency in international cross-border transactions and meet their financial and business objectives. Specifically, the Firm’s tax advisory services include:
The Firm offers continuous advice from the Cyprus law perspective on various tax matters to a number of large international law firms but also to high net worth individual clients. To ensure the utmost satisfaction of clients, the Firm additionally maintains close associations with expert audit firms thereby allowing their clients to receive the full spectrum of services in accordance with their individual needs.
Furthermore, through the association with local professionals, the Firm provides comprehensive corporate and accounting services, such as the incorporation and maintenance of legal entities, company secretarial services, the setting up and administration of Cyprus international trusts, re-domiciliation of companies in or out of Cyprus, accounting and financial reporting, VAT and VIES registration and administration, payroll processing and administration, to a variety of clients in Cyprus and overseas.