VAT is imposed by the government on the consumption of goods and services and is one of the most complex tax issues that businesses need to deal with. Non-compliance with VAT regulations may result in excessive penalties for businesses.
Our team of professionals provides specialized consultation in minimizing your VAT liability and eliminate the risk of non-compliance with VAT regulations. Having developed the tax planning service, we collect and analyze the financial data of your business, on a weekly basis and, depending on the results, we propose the appropriate business solutions and actions, which lead to tax and insurance reductions.
We have in-depth knowledge of the taxation and legislation issues, and we apply them in practice, depending on the nature of the business activity, its legal form and requirements. We operate under the principles of confidentiality and discretion and plan tax strategies that bring positive results and gain the trust of our partners and the market.
Our services in this field are as follows:
- Registering / Deregistering Companies for VAT in Cyprus or any other EU member state.
- Registering / Deregistering companies for VIES and intrastate
- Preparation and submission of VAT and VIES returns
- Consultation of any issues that may arise in relation to VAT. This includes interpretation and treatment of transactions as per VAT legal requirement submission dates, VAT penalties, VAT deadlines and other.