Corporate Clients, especially small and medium size international companies traditionally are not aware of the importance, or may lack the know-how and expertise in integrating an efficient tax planning solution in their overall business strategic plan.
This problem is exacerbated by the continuous changes of the taxation systems in different countries and how these changes may impact on international businesses, combined with changes in existing Double Tax Avoidance Treaties between countries, or new bilateral or international Treaties coming into effect.
Moreover, dynamic international businesses relocating to Cyprus need support and efficient facilitation from a trusted and reliable experienced local service provider in going through formalities and licensing procedures, and in adopting and implementing efficient tax planning to underpin their strategic investment decisions and expand their reach in promising sectors in the region.
Both, corporate and individual potential clients are often reluctant to consider setting up operations abroad or optimising their tax planning, due to high costs that are charged by global service providers and often do not embark into identifying small specialised businesses, competent and expert in their field, who are ready to attend their specific needs by personal involvement of their senior executives.
On the other hand, high net worth individuals are faced with difficult decisions as to how they can best manage their wealth and whom they would choose as their trusted advisor to serve their interest with discretion and confidence, in considering and implementing structures for asset protection.