Tax Planning in Cyprus

    • Sara started her accountancy career with Deloitte and continued with the firm post qualification to take responsibility for dealing with both local and international clients in sectors including shipping, trading and retailing, manufacturing, financing and investment companies. Sara now advises individuals and companies on matters of incorporation, taxation as well as mergers and acquisitions. She is a member of the Institute of Chartered Certified Accountants (ACCA) and the Institute of Certified Public Accountants of Cyprus (ICPAC).
    • Savvas left Deloitte in 2019 at the level of Director. He has now established his own accounting firm, which has three Partners. He holds a BA (Hons) degree in Accounting and Finance and he is a fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). He joined Deloitte in 2005 after he finished his studies in the UK. Savvas was a member of the IFRS Consultation Centre of Deloitte Cyprus and specialized in the audit of large local and international companies in the following industries; Shipping, Manufacturing, Oil and Gas, Hotel, Investment Holdings, etc. Savvas gained extensive experience in taxation and consultation of business including financial advisory.

Tax Planning

Who is this Service for?

Prudent individuals who have assets abroad such as holiday homes, cars, boats, businesses etc. should consider what will be the future taxation impact of transferring ownership of those assets to loved ones and other beneficiaries. This can be a complex area when considering taxes which are applied inter vivos – as gifts, and those donated via causa mortis, via a Will.

What does this service consist of?

  • Initial discussion to determine your particular situation
  • Preparation of a report on your options and the most tax efficient course of action
  • Follow-up meeting (at our offices, by phone or email) to discuss any questions arising from the report

Code of Reasonable Fees

Our clients can expect to receive a quotation that is at or below the recommended guideline prices by our local Professional Body.

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your lawyer.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.
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