Tax Clearance

Tax Clearance refers to the process of obtaining certification from the Cyprus Tax Department that an individual or entity has met all its tax obligations up to a specific date. It serves as proof that the taxpayer is in good standing with regards to their tax liabilities.

Tax Clearance is typically required in various situations, such as:

1. Selling or transferring real estate property.
2. Participating in public tenders or applying for government contracts.
3. Engaging in mergers, acquisitions, or other corporate reorganisations.
4. Liquidating a company or ceasing business operations.
5. Applying for loans, financing, or other financial transactions.

At IBCCS TAX, we understand the intricacies of Cyprus tax law and provide professional services to facilitate the process of obtaining Tax Clearance.

Our comprehensive services include:

1. Reviewing your tax records and financial statements to ensure accuracy and compliance.
2. Assisting in the preparation of any outstanding tax returns or payments, if necessary.
3. Liaising with the Cyprus Tax Department on your behalf to obtain the required Tax Clearance certification.
4. Providing guidance and support throughout the process, addressing any queries or concerns.

With IBCCS TAX handling your Tax Clearance requirements, you can rest assured that the process will be efficient, accurate, and compliant with Cyprus tax laws.