Tax Compliance & Advisory

At Elsavco we understand how important it is for companies and individuals to be tax compliant and receive the necessary, timely and correct tax advice.

Our team can assist you in all your tax needs.

Tax Compliance Service

We can assist you in being compliant with all tax related requirements and deadlines through the following services:

  • Assistance in preparation and submission of annual corporate (IR4) and personal (IR1) income tax returns

  • Assistance in calculation of temporary taxes

  • Assistance in preparation of employers' returns (IR7)

  • Registration of companies and individuals with tax authorities and TAXISnet

  • Preparation and submission of capital statements

  • Preparation and submission of special defense contribution returns

2

Tax planning and advisory services

Elsavco's tax team can advise you on design of your local and international tax strategy and on cross-border transactions.

We help you align your tax planning with your business strategies and that of the changing tax landscape.  We can help with:

  • Tax structures - review of existing structures or setting up new

  • Cross-border mergers and reorganizations

  • Corporate reorganizations

  • Advance tax rulings

  • Intellectual property ownership and strategy

  • International expansion

  • Management of withholding taxes

  • Dealings with the Cyprus tax authorities and support in dispute resolutions

  • Tax due diligence

  • Guidance and support by internal and external tax audits

  • Capital gains tax planning

3

Tax administration services

Our team can assist you with all tax administrative tasks including, but not limited to, registration with tax authorities/inland revenue department to obtain tax identification numbers, registration with TAXISnet, applications for tax residency certificates, tax clearance certificates, etc.