As the VAT aspects of transactions between companies within the European Union (EU) and other transactions involving EU companies are becoming more complex. We provide specialized VAT advice and guidance including:
- Registration of companies for VAT in Cyprus or other EU member states -We assist our clients for registration or DE-registration of businesses with the VAT Office in Cyprus or other EU member states, by assisting in completing and submitting the necessary applications and documents, and following up with the relevant authorities for obtaining the VAT number.
- Completion and submission of VAT returns – We assist our clients in completing VAT returns in accordance with the applicable regulations and submitting the same with the relevant authorities.
- Preparation and submission of recapitulate statements (EC Sales Lists) – We assist our clients in completing recapitulate statements in accordance with the applicable regulations and submitting the same with the relevant authorities.
- Advising clients on VAT matters – We advice our clients on various VAT matters, including providing information on VAT registration, submission dates, VAT penalties, interpretation and treatment of transactions according to the VAT legislation, etc.
- Assistance in dealing with VAT investigations and enquiries – If required, We may act as a liaison between our clients and the VAT authorities, and assist clients in complying with VAT investigations or receive information from the VAT authorities on various enquires.