International Tax Planning
Cyprus is a well known European tax jurisdiction by major business organizations across Europe, our firm provides effective tax advice and tax solutions in all aspects of private tax and commercial transactions.
Perplexing market conditions and economic ambiguity caused by FATCA (Foreign Account Tax Compliance), AML (Anti Money Laundering), automatic exchange of information, Common Reporting Standards, imposition of sanctions and the De-offshorization in Russian Federation, resulted to businessmen adopting a significantly different way of thinking on how to engage correctly in investment plans and general perspectives in relation to their companies. Subsequently becoming aware of the impact these rules have on corporate organizations’ commercial transactions became a lot more crucial. Our law firm is aware of the strategic importance of tax to corporate clients and thus aims to provide updated and concise advice on all tax related matters.
Our expertise in this area is acknowledged in the market and mirrored in our standing in the leading legal directories.
Our Managing Directors Mr. Stathis A. Lemis and Mr. Theophanis (Phanos) Th. Philippou hold a position of astonishing prominence with an exceptional expertise both in national as well as international tax laws. They are always up-to-speed technically and have the ability to effect good judgement on behalf of their clients striving not only to deliver optimal quality tax advice, but also to effect collaborations and partnerships hence navigate and practically resolve their complex tax problems with them.
Simultaneously they work seamlessly with the firm’s corporate practices for the ideal tailoring of structures and documentation so as to reach each client’s tax, business and commercial goals.
We strive to cover the full range of federal income tax issues existing in planning and executing complex business transactions in both domestic and cross border settings, including acquisitions, dispositions, joint ventures, financings, restructurings, and investment fund formations.
Combining the lowest corporate tax rate (12,5%) in the European Union, zero holding company tax regime, a very competitive VAT rate (19%), an impressive double tax treaties comprising of 59 countries worldwide and all the additional benefits provided by Cyprus tax law are the keys to Cyprus' success.
- International Tax Planning and Advice
- Advising on maximizing the benefits of the network of double tax treaties signed by Cyprus with other countries
- Collective Investment Schemes
- Anti-money laundering legislation