Indirect Tax Services (VAT)
Value Added Tax
We assist our clients and guide them through the time-consuming procedures and regulations of the VAT system. Since non-compliance can be costly and lead to excessive penalties and fines, we work with you to determine your effectiveness.
Consultancy and Planning
VAT can be a burden on a company's finance department if regulations and obligations are not met. Odia can support you in minimizing sources of errors and simulating tax audits in Cyprus.
VAT regulations are becoming more and more extensive - with frequent new decision making and updates on registration requirements as well as stricter liabilities and fines.
To eliminate financial risks, for example from erroneous calculations, and keep the risks and administrative burden of the company as low as possible, proactive effort is indispensable.
Our tax specialists assist clients with VAT compliance obligations and provide services in relation to VAT reviews thus assisting in early identification of problematic areas. They also advise clients on international transactions involving VAT.
Services in this field include among others:
Preparation and filing of VAT/VIES/Intrastat returnsNegotiation with the VAT authoritiesEfficient VAT recoveryVAT diagnostic reviewsAdvice on mitigating VAT costs and managing risks on importing/exportingEORI Registration
VAT Returns and Registration
Our highly equipped tax team can help you and your company prepare:
VAT registrationVAT InvestigationsCompletion and submission of VAT return
Intrastat Returns and Registration
You may rely on our team of experts to:
Intrastat Registration (The INTRASTAT system collects information and produces statistics on trading goods between European Union countries).Preparation and submission of Intrastat forms
VIES Returns and Registration
Our experienced tax team may assist you with:
VIES RegistrationPreparation and submission of VIES returns
