International Tax Planning

International Tax Planning

FiduField, either directly or indirectly, offers Tax planning consultation services through its internationally recognised associates, whenever it is required, aiming for the development of practical and flexible Tax Strategies. Tax strategies are always developed in conjunction with the clients’ business model and overall corporate strategy.

Tax Consultation covers among other areas the following:

• Corporate taxes
• Withholding taxes
• Capital gains taxes
• Double tax treaty issues

While developing an overall Tax Strategy we always take into consideration the tax benefits of both “off-shore” international jurisdictions and the tax regime of Cyprus.

Some of the international jurisdictions we work with offer Zero tax rates and flexible controls while others are part of double tax treaties. Depending on the Tax strategy we develop, we apply each jurisdiction’s benefits.

As far as Cyprus is concerned it has been a member of the European Union since 1 May 2004 and has one of the lowest corporate tax rates in the European Union. The low tax rate coupled with an extensive list of double tax treaties offers a range of alternative tax advantages, hence placing Cyprus high on the list of preferred jurisdictions for international tax planners.