Taxation and VAT Consultancy

Taxation

HMI can assist in the day-to-day tax compliance matters both at the personal and corporate level. We can take care of all matters in order to keep your business fully compliant with Cyprus’ tax laws. In addition, we can provide specialized advice on tax planning and tax structuring custom-made to your business needs.

Our Cyprus taxation services can be summarized as follows:

• Preparation of the annual tax computation and income tax return for a Cypriot company
• Preparation of the annual tax computation and income tax return for an individual (employee or self-employed)
• Provisional tax handling
• Tax reviews and advice on deductibility of expenses
• Dividend tax issues
• Tax residency and tax clearance procedures
• Representation at the tax office and many more

VAT

Cyprus VAT rules permeate every part of most businesses: the HMI experts will help you analyse your business to identify risks and tax-saving opportunities to reduce costs and improve your cash flow.

Accounting for VAT is becoming an even more complex and onerous task. We provide an efficient and cost-effective VAT service, which includes:

• help with VAT registration in Cyprus
• preparation and submission of VAT returns with the Cyprus VAT authorities
• VAT health checks
• VAT planning
• representation during inspections by the Cyprus VAT authorities
• VAT cross border advice
• VAT Reclaim Services

For Taxation and VAT Consultancy matters in Cyprus, please contact our firm of Chartered Accountants