We, at C.A.S. add value to our clients reporting by providing independent audit and assurance services designed to enhance the reliability and accuracy of the information presented in the Financial Statements.

Credibility and reliability is added to the audited Financial Statements when reviewed by users including investors, creditors, financial institutions and other stakeholders, including the Cyprus authorities.

The Audit & Assurance Services include the following:

• Assistance in the preparation of Financial Statements in accordance with International Financial Reporting Standards (IFRSs)
• Issuance of audit reports in accordance with International Standards on Auditing (ISA)
• Assistance in the preparation of Consolidated Financial Statements in accordance with IFRSs
• Evaluation of internal controls and procedures and reporting on any deficiencies

Taxation

Taking into consideration the tax regime for companies and individuals which is currently in place in Cyprus, in combination with the wide network of Double Tax Treaties available in Cyprus as well as the EU directives, we provide valuable advice and guidance on various tax matters and assistance in effective tax planning.

Personal & Corporate Tax Services

We are able to provide the following:

• registration with the Cyprus Tax Authorities
• preparation and submission of tax computations and returns
• obtain Tax Residency Certificates and Double Tax Treaty Certificates
• liaise with the Cyprus Tax Authorities on any matters or disputes which may arise.

International Tax Planning

Through our network of tax specialists we can assist our clients to expand in new jurisdictions and through effective tax planning minimize their tax burden.

Our services include:

• use of Cypriot and other jurisdictions’ companies in multinational tax structures
• use of Double Tax Treaty provisions on capital movement, fees collection, royalties, interest and dividends.
• obtain tax rulings from the Commissioner of Income Tax to ensure the effective use of companies within Group structures.