With indirect tax representing one of governments' go-to methods of revenue raising, and evermore complicated regulations targeted towards combatting fraud, it has become more critical than ever before to have a robust VAT strategy, keep pace with developments and effectively manage indirect tax compliance and cash flows.
Failing to keep up with developments and closely monitor organizations VAT position results in major risks of non-compliance and adverse impact on cash-flow from increased amounts of tax due and penalties from tax authorities.
Our firm’s indirect tax experts in Nicosia have very deep local insight and experience as well as international intelligence. They are well informed and understand the nuances of regulations, the importance of deep commercial understanding of our clients’ business and specific industries and the growing importance of automation and technology driven tools.
Our team of specialists and global partners help clients manage costs and risks in Cyprus and other foreign jurisdictions.
