Direct Taxation Services
Compliance with local and international tax laws and regulations is essential for any business. Dynamic tax environments due to rapid changes in tax laws together with the rapid digitalization of revenue authorities can give rise to uncertainty and challenge. Our thorough knowledge combined with many years of practical experience in tax matters allows us to assist you in any tax-related issue to address the tax risks of your business.
Our Direct Tax services include:
- Tax compliance for companies and individuals
- Tax due diligence
- Tax aspects of mergers and acquisitions
- Tax optimization
- Tax opinions
- Tax rulings
- Cross-border taxation
- Transfer pricing
Indirect Taxation Services
The VAT treatment on transactions especially for companies within the European Union is becoming more complex. Our VAT consultants are here to assist you with any VAT-related issues to avoid exposures, penalties and charges.
Our VAT services include:
- Registration companies for VAT in Cyprus and other EU-countries
- Maintenance of VAT records
- Preparation and submission of VAT returns
- VIES & Intrastat compliance
- VAT advisory and consulting on the regulations, obligations and VAT investigations
Stay updated on the upcoming tax deadlines for filings and payments in April 2023
10 April 2023 Vat category C 12-2. Extended deadline 26 April 2023 15 April 2023 Vies reporting for March. Extended deadline 26 April 2023 30 April 2023: TD 11: Payment of tax withheld on payments made to non-Cyprus tax residents during the previous month. TD...
Deadline for provisional tax and second tax instalment 2022
The deadline for the submission of a revised provisional tax calculation for 2022 (if needed) and the payment for the second provisional tax instalment for 2022 is at 31 December 2022. Taxpayers are reminded that the 2022 temporary tax assessment may be revised...
Exemption for submission of Personal tax return for tax year 2022
On 23 September 2022, the Council of Ministers issued a Decree in official Gazette which exempts individuals with gross annual income below 19,500 Euro from the obligation to submit a personal tax return (TD1) for the tax year 2022. As a reminder, back in August 2020,...