Achieve compliance, minimize liabilities, and unlock Cyprus’s full tax potential with expert guidance.
International Tax Planning Solutions for Businesses and Individuals
In today’s evolving financial landscape, tax planning isn’t just about compliance—it’s about leveraging the right strategies to maximize opportunities and minimize risks. Cyprus’s tax system, with its favorable corporate and personal tax regimes, provides an unparalleled advantage for businesses and individuals alike.
At Doviandi, we specialize in crafting bespoke tax planning and compliance solutions that align with your financial goals, whether you’re a corporation optimizing global operations or an individual navigating Cyprus’s Non-Dom tax benefits. From corporate taxation and VAT compliance to cross-border strategies, we ensure your financial framework is built for growth.
Explore Non-Dom Cyprus – Tax Residency for Individuals for zero tax on dividends and foreign-sourced income.
Key Benefits
Favorable Corporate Tax Rates
Enjoy one of the lowest EU corporate tax rates at 12.5%.
Non-Dom Benefits
Zero tax on foreign dividends, interest, and inheritance for eligible residents.
Comprehensive VAT Solutions
Streamlined VAT registration, filings, and refunds.
Global Tax Optimization
Leverage Cyprus’s 65+ double tax treaties for cross-border efficiency.
Risk-Free Compliance
Ensure seamless adherence to local and international tax regulations.
Corporate Tax Planning & Compliance
Corporate Tax Planning & Compliance ensures your business adheres to tax laws while optimizing fiscal obligations.
1. Registration & Compliance
Doviandi ensures your company meets all corporate tax obligations while capitalizing on the benefits of Cyprus’s favorable tax environment:
- Corporate Tax: Only 12.5%, with exemptions for dividends, interest, and trading of securities.
- Tax Registration: Assistance with registering your business with local tax authorities.
- Annual Tax Returns: Preparation, certification, and submission to ensure accurate reporting.
- Tax Residency Certificates: Obtain certificates to benefit from double taxation treaties.
- Provisional Tax Payments: Estimate and arrange bi-annual provisional tax payments to avoid penalties.
2. Strategic Tax Advisory
Optimize your tax position through tailored strategies:
- Tax-efficient corporate structures and reorganizations.
- Guidance for mergers, acquisitions, and disposals.
- Advice on double tax treaties for cross-border businesses.
- Transaction reviews to mitigate potential tax risks.
3. International Tax Planning
Expand globally while reducing liabilities:
- Establish holding companies to benefit from tax exemptions on dividends and capital gains.
- Implement transfer pricing strategies that comply with international standards.
- Navigate cross-border taxation using Cyprus’s extensive treaty network.
Related: Learn more about Cyprus Holding Companies for global investment management.
Personal Tax Planning
Cyprus offers unmatched advantages for individuals seeking tax efficiency:
Explore Non-Dom Cyprus – Tax Residency for Individuals for personal tax benefits.
VAT Services
1. VAT Compliance
Cyprus’s VAT system is essential for businesses exceeding the mandatory threshold:
- Threshold for Registration: Compulsory VAT registration for businesses with annual taxable supplies exceeding €15,600.
- Quarterly VAT Filings: Preparation and submission of VAT returns to ensure compliance.
- VIES Reporting: Monthly submissions for intra-EU transactions.
- VAT Refund Claims: Assistance with recovering VAT for expenses incurred both in Cyprus and other EU Member States.
2. VAT Advisory
Our team ensures your business remains compliant while minimizing VAT liabilities:
- Transaction Analysis: Review of agreements and transactions for VAT implications.
- Cross-Border VAT Planning: Solutions to manage VAT efficiently across multiple jurisdictions.
- Support During Audits: Liaison with VAT authorities during investigations, objections, and negotiations.
Related: Check out Fiduciary & Corporate Administration for ongoing business support.
Why Choose Cyprus for Tax Planning?
Cyprus stands out as a leading jurisdiction for tax optimization due to its:
Frequently Asked Questions
1. What taxes do Cyprus-based companies need to pay?
Businesses pay a corporate tax rate of 12.5%. Other applicable taxes include VAT, Special Defense Contribution (SDC), and capital gains tax on specific transactions.
2. How does Non-Dom status benefit company executives?
Executives relocating to Cyprus can enjoy zero tax worldwide dividends, interest, and capital gains for 17 years; 50% tax exemption on employment income over €55,000 annually; and a flat 12.5% corporate tax rate for their business operations.
3. Is VAT registration mandatory for all businesses?
VAT registration is compulsory for businesses with taxable supplies exceeding €15,600 annually or for those conducting intra-EU trade, requiring VIES registration.
4. How does Cyprus’s double taxation treaty network benefit businesses?
These treaties reduce withholding taxes on dividends, interest, and royalties, enabling businesses to operate efficiently across borders.
5. Can Doviandi assist with tax disputes and audits?
Yes. We offer full support, from evaluating tax assessments to liaising with authorities and preparing objections.
Simplify Tax Compliance & Maximize Savings
Streamline tax processes and enhance savings with our efficient compliance strategies and expert guidance.
