Tax Advisory

With the development of Cyprus as an international financial centre, a sector in which our Firm pioneered, so did our tax advisory and fiduciary services practice. We have a broad client base, ranging from private companies and high net worth individuals to conglomerates to whom we offer tax advice and ancillary services via our associated entities.

We are leaders in tax advisory services, with a specialised team advising regularly on simple matters of customary tax filings & returns, to the handling of complex structures,  M&A, Tax disputes, Tax Litigation and Transfer Pricing applications. Our team comprises both specialised lawyers and accounting professionals with experience and expertise unique amongst our peers.

Corporate & Personal Tax Advisory

The tax landscape is changing, requiring significant dedication for navigating the changes, impact and tax efficiencies. Our team of experts is committed to be at the forefront of any developments and to offer value with its advisory services to our clients. Our advisory services include:

  • Advising on a complex structure/transaction/arrangement covering tax red flags and implications;
  • Advising on technical areas of the tax Law;
  • Advising on tax structuring and eliminating tax inefficiencies.
  • Preparing applications for advance rulings aiming to provide certainty in grey areas of tax Law.
  • Undertaking and preparing applications for qualifying reorganizations under the tax Law.
  • Advising on cross border or domestic Merger & Acquisitions.
  • Advising on personal tax affairs;

Tax Disputes and Litigation

  • Review of prospects of tax disputes.
  • Discussions and negotiation with the Tax Department;
  • Providing relevant and necessary evidence, argumentation, documentations and explanations;
  • Negotiating amicable resolutions of tax disputes;
  • Drafting and handling of hierarchical or administrative court recourses where appropriate to dispute tax assessments or treatment;

Scordis, Papapetrou & Co (Corporate Services) Ltd provides company secretarial and fiduciary services and innovative products while maintaining the highest level and efficiency of service.

More details on some of the above are listed under "Landmark Cases & Major Engagements".