NICOSIA, CYPRUS, January 15, 2012 /24-7PressRelease/ -- ServPRO, a company providing specialized quality services to International Business Companies and Individuals, establishes a new Business Centre in Nicosia, Cyprus. Both existing and new clients can now benefit from an extensive scope of professional services ranging from the initial planning of the optimum structure to the implementation of an effective strategy that best fits their needs and maximizes their benefits.
Cyprus has been developed over the years as an excellent place for doing international business. This success is due among other reasons to the strategic geographical location of the island, the infrastructure and the generous tax incentives. Cyprus has the lowest corporate tax rate in the European Union and no withholding taxes on dividends, interest and royalties paid to non-residents (read more: http://www.servpro.com.cy/cyprus/why-cyprus). In addition, the existence of the extensive and increasing network of double tax treaties, with more than 40 countries, offers considerable scope for tax planning. International Trusts are also very attractive in Cyprus due to the significant tax planning opportunities they provide with full tax exemption on income, no withholding taxes, no capital gains tax on the disposal of assets and no estate duty (read more: http://www.servpro.com.cy/services/trust-company-formation-trustee-services).
Tax planning is the essence of international business operations. ServPRO can offer professional advice in implementing an effective international tax strategy taking into consideration the existence of various international business and offshore jurisdictions, the Double Tax Treaties and the different forms of income and types of entities. The professional experts of the company can offer creative and cost effective tax planning and advice on the optimum structure that best serves the clients' individual needs, maximizes their benefits and minimizes their tax liability (read more: http://www.servpro.com.cy/services/international-taxation-services)
ServPro was formed by a team of Qualified Accountants and Business Consultants for the purpose of providing a comprehensive range of high quality services to International Businesses and Individuals that exceed client expectations. The company provides services with professionalism and particular attention to client care and confidentiality in the fields of business consulting, international tax planning, company formation, corporate and legal services, accounting, auditing and administration (read more: http://www.servpro.com.cy/servpro/about-us).
ServPRO Accountants & Business Consultants
Jacovides Tower 1st Floor, 81-83 Grivas Digenis Avenue, 1080 Nicosia, Cyprus
Tel: +357 22 503230
Fax: +357 22 503001
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