The VAT aspects of transactions between companies within the European Union (EU) and other transactions involving EU companies are becoming more complex. The VAT implication on the transactions of the companies is taken into consideration on the tax planning for a Group of Companies.

We offer services in relation to Value Added Tax (VAT) issues, and provide advice on the treatment of income and expenses, in accordance with the VAT law applicable in Cyprus.

Our services includes:

  • Registering companies in the VAT authorities in Cyprus,
  • Registering companies in the VIES authorities in Cyprus
  • Advising clients on the regulations and obligations for VAT and VIES within the EU,
  • Preparing and submitting the VAT and VIES returns to the relevant authorities.
  • Preparing and submitting EU Sales Lists and IntraStat reports for companies trading within the EU,
  • Maintaining VAT records
  • VAT planning and advice
  • Assistance in investigations made by the VAT authorities
  • Assistance in the situation of additional taxes claimed and penalties imposed by the VAT authorities