Cyprus

International Business Unit 

Cyprus has been a full member of the European Union since 2004 and a member of the Eurozone since 2008. The strategic position of Cyprus, connecting Europe, Middle East, Asia and Africa naturally make the island a hub for business and trade.
The Cyprus tax legislation is fully compliant with the EU Acquis Communautaire and EU Directives. It is in full compliance with the code of Conduct for Business Taxation and against harmful tax competition. Cyprus features on the white List of OECD.

KPMG in Cyprus professionals can help guarantee the success of your business and give you a broader spectrum of the opportunities available to you and your business. In the global environment that today’s business is conducted, a global advice is more than essential. It is your tool to success.

International Tax

KPMG’s International Tax practice helps to address the needs and objectives of our international clients, to create value while being in full compliance with the legislative and regulatory framework. KPMG in Cyprus naturally has professionals assigned to the practice.
Our International Tax Services Team specialists, use their knowledge and expertise to provide professional assistance to businesses in cross-border tax planning. Contact us to learn more about the combination of skills, experience, resources and customized solutions that KPMG in Cyprus offers to its clients. The International Business Unit provides advisory services related to tax aspects of international business activity.

Our range of services cover the following:

  • International Corporate Tax Advice and Tax Planning
  • Mergers & Acquisitions Tax
  • Employment Tax Services
  • Private Client Services
  • Due Diligence Reports
  • Property & Construction
  • Transfer Pricing
  • Custom tailored seminars and in-house training

International Executive Services

As multinational companies expand into new global markets, there is an increasing demand for highly mobile international workforces.

Social Security Services

KPMG advises companies and executives on domestic and European social insurance compliance.

Tax Contacts

Angelos M.Gregoriades
Chairman and Head of Tax

+357 22209245

Fax:+357 22513290

agregoriades@kpmg.com

FATCA: the road to a compliant operating environment and beyond

Cyprus based entities that are classified as financial institutions will need to register with the IRS and report to the Cyprus tax authorities. On January 2013, the Department of Treasury and the Internal Revenue Service (IRS) released the long-awaited final regulations for the Foreign Account Tax Compliance Act (FATCA). (PDF, 394 KB)

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