Tax

Corporate Tax

For Cyprus companies that are looking to manage effectively their tax position and tax liabilities as well as for international groups that are looking to set up their group or part of their group in Cyprus, ITH can offer bespoke tax solutions that will help you to manage the impact of tax on your business. We advise our clients on how to fully optimize their tax exposure utilizing all provision of the tax legislation and if needed by utilizing specific double tax treaties. We provide advice on new structures ensuring tax efficiencies. Beyond tax efficiencies we ensure all our clients adhere with local tax compliance requirements.

Income tax planning

Corporate tax compliance

Cross border tax planning

Tax investigation and tax due diligence

Setting up , changing and dissolving structures

VAT support

VAT compliance

Refund requests

VAT advise on cross border transactions

VAT due diligence and assistance in any potential investigations

Indirect Tax

Due to increasing imposition of indirect taxes globally, business nowadays face the risk of their profitability being decreased, cash flow requirements increase, and compliance risks become critical.

Indirect Tax

Due to increasing imposition of indirect taxes globally, business nowadays face the risk of their profitability being decreased, cash flow requirements increase, and compliance risks become critical.

VAT support

VAT compliance

Refund requests

VAT advise on cross border transactions

VAT due diligence and assistance in any potential investigations

VAT advise on cross border transactions

Private client tax

Personal tax planning is critical as you might miss important tax benefits or risk facing important and unexpected tax liabilities. We are here to help you preserve and extend your wealth. Choosing your tax residence is also challenging and requires planning in advance especially if you are choosing to migrate in order to benefit from your chosen tax residency.

Long term tax planning

Personal tax compliance

Advise on immigration requirements

Assisting in the application of tax residency in Cyprus

Advise on how to optimize first employment tax benefits in Cyprus

Structuring family business transitions including advisory on setting up Cyprus International Trusts

Private client tax

Personal tax planning is critical as you might miss important tax benefits or risk facing important and unexpected tax liabilities. We are here to help you preserve and extend your wealth. Choosing your tax residence is also challenging and requires planning in advance especially if you are choosing to migrate in order to benefit from your chosen tax residency.

Long term tax planning

Personal tax compliance

Advise on immigration requirements

Assisting in the application of tax residency in Cyprus

Advise on how to optimize first employment tax benefits in Cyprus

Structuring family business transitions including advisory on setting up Cyprus International Trusts

Who to contact

Gabriel Ioannou

Gabriel Ioannou

Audit and Tax
Director
Strategic, analytical finance professional and results oriented Director of the Firm Ioannou & Theodoulou Limited Certified Public Accountants and Registered Auditors(CY), Gabriel has years of experience in the profession being a member of ICAEW (Institute of Chartered Accountants in England and Wales) and ICPAC (The Institute of Certified Public Accountants of Cyprus). He is also a member of ICPAC’S Listed Companies and Capital Markets Committee.

Allocating his time between the audit and tax advisory departments, he is in a position to appreciate not only the commercial pressures but also the tax issues affecting clients thereby advising them accordingly. Most of his clientele entails SMEs and sole practitioners in various industries with potential issues discussed for both the business as well as its owners as individuals based on their personal situation. He is also responsible for the preparation of newsletters for clients informing them about tax legislation changes.

He was on the forefront of the implementation and update of CCH Audit Automation methodology (audit software) to best fulfil the needs of the Cyprus market. He is now training new members of staff and professionals from other accounting/audit firms on the use of CCH Audit Automation software tailoring it to best meet their needs.

Gabriel is also involved in business advisory services. His work involves performing financial due diligence for mergers and acquisitions, advising clients with regards to cash flow budgets/forecasts and performing limited scope reviews on financial information for debt restructurings/new loan requirements of companies. He is also involved in projects for identifying operational processes inefficiencies and recommending necessary improvements.

Outside of work, Gabriel is interested in sports and predominantly football and enjoys reading health related articles/books and travelling.

Contact Info

Email: g.ioannou@ith.com.cy
Telephone: +357 22050530
Savvas Ioannou

Savvas Ioannou

Tax and Business Outsource
Director

Savvas Ioannou is a Bachelor of Art graduate from Middlesex University in Accounting and Finance. He is currently a student member of the Association of Chartered Certified Accountants starting from January 2018.

He joined the firm in 2017 working as an accountant in the accounting department. At an earlier age, it was his pleasure to help others by participating in the Blood Donations activities organized by the Red Cross as well as helping in the fundraising campaign of the Cyprus Anticancer society.

During his free time, he enjoys playing and watching football with friends. Furthermore, he loves going to the gym, travelling and socializing with friends whenever he has free time.

 

Contact
Email: s.ioannou@ith.com.cy

Telephone: +357 22050512