Cyprus Substance Solutions

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Establishing your business in Cyprus enables you to avail of many financial, lifestyle and operational benefits. However, in order to minimise any unnecessary scrutiny from the tax authorities, it is imperative that your business can support that it has genuine presence in Cyprus by evidencing that it has ‘substance’.

Substance is a key concept in global business and each country and their applicable Double Tax Treaties have definitions and indicators of what may constitute that a business has a genuine business presence. For example, does your business have operational premises in Cyprus, are staff engaged on a Cyprus payroll, are key personnel located and major company decisions undertaken in Cyprus?

At Access Tax and Accounting we have significant expertise in providing bespoke substance solutions to international clients setting up Cypriot structures.

Our substance-related services are specifically the following:

  • An independent review of your current business structure.
  • Consultation on the existing/required level of substance.
  • Management Services.
  • Office rental assistance – sourcing and set-up.
  • Employee Services (Recruitment, Immigration & work permits).
  • Insurance assistance – sourcing and guidance.
  • Set-up of dedicated phone line(s) and IT environment for your business.
  • Creation of a corporate website, in line with your business operations and requirements.

For more information on how ATA can help maximise your business potential, or to schedule a meeting, contact us today