Our expertise and know-how in regards to offshore regulations give us the ability to offer comprehensive solutions. This includes essential matters such as trusts, estates, assets protection and tax planning.
Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency. Through tax planning, all elements of the financial plan work together in the most tax-efficient manner possible.
In the case where a company bases its operations in Cyprus, under local regulations, corporation tax is only 12.5%. Furthermore, the owners of the company do not have to pay additional taxes or dividends above that percentage. In other words, whatever profits they make can only be subject to the default tax laws.
We can guide our clients to make the most suitable decisions based on their particular needs. We provide advice and detailed information concerning international taxation and how overseas businesses can be affected by offshore financial structures.
There are various reasons as to why a business might need to prepare a business plan or cash-flow forecast. One very important reason is to focus the owners on exactly why they are in business and what they are trying to achieve.
However, one of the more common reasons is for third party use such as banks or other lenders to assist with borrowing applications. Another reason is for potential investors to enable them to assess the future of the business.
Here at EuRussAsia we have a wide range of experience preparing these reports for various purposes such as tax planning. We can assist you by advising on the content that would be expected to be seen in the report. We can also review cash-flows or assist in their preparation and review the final product to ensure all areas are adequately covered.