Value Added Tax (VAT) is an indirect tax levied on the provision of goods and services in Cyprus as well as on the acquisition of goods from the European Union and the importation of goods into Cyprus.
Due to the fact that Cyprus has the lowest corporate tax rate in the European Union and one of the lowest in the world, it has become an important jurisdiction for the incorporation of International business entities, establishing it as a significant international financial center.
By developing proper long term objectives, tailored made strategies and improvements in the efficiency and effectiveness of companies operations, we assist businesses to grow, succeed and become profitable.
International trusts are governed by the International Trusts law of Cyprus. Necessary conditions in order to set up a trust: The settler is not a permanent resident in Cyprus, The trust property does not include any immovable property situated in Cyprus, at least one of the trustees is resident in Cyprus.
UCD Auditors - Accountants Ltd is a private reputable firm, situated and operating in Nicosia the capital town of the Republic of Cyprus. The firm is offering a range of services such as international tax planning, accounting, statutory audit, VAT related services, trusts & company formation, international business company services as well as management consultancy services including internal audit services.
UCD Auditors - Accountants will appreciate the opportunity to be of service and further assistance to you.