Tax Planning and Advanced Business Structuring.
Elias Neocleous & Co LLC has the largest and most experienced tax department of all Cyprus law firms, with an excellent reputation for high quality, sound tax advice and innovative tax planning, as well as extensive experience in negotiating and handling tax disputes.
Our clients are involved in a wide range of business activities, including property, finance, shipping, industrial, trading and energy. We assist them with all aspects of cross-border development, from establishing their initial representative office to joint venture agreements and full-scale mergers and acquisitions.
Our tax specialists have extensive experience covering projects worldwide, particularly in Central and Eastern Europe, Asia and the Americas. Through close co-operation with internal and external specialists in international tax law, we are able to assist our clients in structuring their international cross-border activities in the most tax-efficient manner.
We offer specialist services in the following areas:
Our tax specialists keep abreast of all recent developments in the global tax planning sphere and can provide professional detailed advice on all matters including:-
Our firm offers specialist advice for the purposes of establishing and implementing efficient and robust corporate structures that will meet all business, commercial and operational needs and comply with all local and international requirements in terms of business, management and infrastructural substance for tax purposes. Our team of experts can provide the following services:
We can provide specialist advice and assistance on complex transfer pricing matters. Global organizations are operating in an environment of unprecedented challenges and changes. The increasing volume of intercompany transactions combined with more rigorous enforcement efforts on the part of tax authorities worldwide have made transfer pricing a substantial compliance priority for organizations engaged in cross-border transactions. Cyprus will be implementing detailed transfer pricing rules in 2017. Our firm can help clients meet the new compliance requirements by introducing practical transfer pricing solutions into their overall global business operations and objectives, assist with the preparation of documentation to support their transfer pricing practices, and to represent clients before authorities and courts for the purposes of resolving disputes. In particular, in the context of the imminent implementation of transfer pricing rules in Cyprus, our team will be in a position offer specialist advice and assistance with the following matters:
Our transfer pricing professionals can assist taxpayers with the preparation of comprehensive transfer pricing documentation and reports to reflect the commercial nature of their intra-group pricing strategies and decisions. We can also assist global groups to prepare cross-border documentation satisfying all of their documentation requirements in an efficient manner.
Our transfer pricing professionals can assist clients with all aspects of supporting their transfer pricing strategies before the relevant tax authorities. We can also assist with applications for double tax relief through the tax treaty competent authority process and help clients submit applications to obtain Advance Pricing Agreements (APAs) with the tax authorities for the purposes of pre-agreeing and arriving at acceptable transfer pricing arrangements.
We offer representation and professional assistance with disputes in relation to transfer pricing strategies.