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      Corporate tax

      Staying ahead of trends and issues is essential for an effective corporate tax programme. When tax rulings or changes occur, conducting a quick analysis allows you to understand the potential impact on your business and adjust your tax processes accordingly.

      KPMG SIL advisers, and other KPMG professionals, collaborate with entrepreneurial businesses to design detailed plans that help manage or minimise corporate tax obligations. By evaluating business structures and identifying potential tax savings, KPMG firms assist in creating tailored tax strategies that fit your specific needs.

      Assurance

      Effective risk management and control systems are critical in today’s highly scrutinised environment. Reducing risk is important not only for your business but also for safeguarding family assets, property, and capital. Implementing robust controls, securing financing, and optimising tax strategies can enhance your business's profitability.

      Fraud risk management

      Fraud, corporate crime, and commercial disputes can damage your reputation and erode stakeholder trust. Regardless your business size, it’s vital to identify key risks and develop plans to mitigate them.

      KPMG SIL advisers, with the help of other KPMG professionals, utilise investigative techniques, advanced technologies, and forensic accounting to help you prevent and address disputes. If an issue arises, we lead national and international investigations to preserve evidence, assist with recovery efforts, and establish a foundation for legal action. We also offer independent analysis during litigation and disputes, ensuring objective financial insights.

      Strategic alliances

      Technological innovation is reshaping business operations, offering a sustainable competitive edge. KPMG SIL, along with  our alliance partners, collaborate to design and implement technology-driven solutions tailored to your business needs. Explore our Alliances section to learn more.

      Cybersecurity

      The cybersecurity landscape is ever-changing, with new threats emerging daily. Governments and regulators are increasingly focusing on information security. Are you aware of your most significant cyber threats? Are you protecting client data adequately?

      No matter the size  or  location of your business, cybersecurity risks are universal. KPMG professionals can help you identify and address your most significant cyber threats, developing cost-effective solutions that protect both your information and your reputation.

      Cash and working capital management

      Many entrepreneurs struggle to understand their working capital requirements and align their operations for maximum cash flow and minimal debt costs. However, tools and processes are available that can significantly improve your working capital management.

      KPMG SIL advisers work to help you assess and forecast cash flow, streamline processes, and develop effective reporting policies to enhance cash management. We also facilitate training and skills transfer to ensure long-term improvements in cash flow management.

      Financing and M&A

      Mergers and acquisitions (M&A) can be powerful growth strategies but present unique challenges, especially for entrepreneurial businesses. How can you ensure your deal delivers the expected value?

      KPMG SIL advisers offer impartial guidance at every transaction stage, from strategy development to execution. We assist in evaluating financing options and structuring debt solutions that provide the flexibility needed for your growth plans.

      Expanding internationally

      International growth offers exciting opportunities, from expanding your market to lowering costs, but it also introduces new risks—regulatory, tax, cultural, and language barriers among them.

      KPMG SIL advisers, as part   of the global KPMG network operating across 156 countries, provide   access to the resources needed for a successful expansion. We combine global expertise with local knowledge to help you manage risks and develop an effective international growth strategy.

      Business strategy services

      Adapting to constant change is crucial for business survival. Whether it’s competition, new technologies, or industry shifts, planning for the future today helps build a sustainable business model.

      KPMG SIL advisers can work with you to review your business model, identify strategic initiatives, and guide you through executing and refining your strategy as you plan for future growth. 

      IT

      Well-managed information technology (IT) systems can offer immense advantages for businesses. Properly implemented and maintained technology can drive growth and efficiency, but it’s crucial to manage the associated risks effectively.

      KPMG SIL advisers work with businesses to assess technology risks and ensure IT systems are managed to maximise efficiency and compliance while minimising regulatory risks and expenses.

      Data and analytics

      The rise of new technologies makes it easier to gather data on customers and operations, but translating that data into actionable insights is key to reducing costs, managing risks, and driving growth.

      KPMG SIL advisers help businesses interpret their data and compare performance to competitors. By leveraging data and analytics, we help you make informed decisions and respond effectively to changing customer demands.

      Transfer pricing tax services

      Tax authorities are increasingly focusing on transfer pricing, imposing stricter regulations and penalties for non-compliance. Whether your business is already operating internationally or you’re considering expansion, understanding transfer pricing rules is essential to maintaining a commercially viable, tax-efficient operation.

      KPMG SIL advisers, along with the other KPMG professionals, help develop global tax strategies that incorporate local knowledge and address transfer pricing challenges effectively.

      M&A tax

      Every transaction carries tax implications, whether it involves mergers, acquisitions, or restructuring. Understanding the tax considerations can unlock opportunities and reduce risks. For cross-border deals, specialised tax advice is essential to ensure the transaction remains commercially viable.

      KPMG SIL advisers help you navigate tax issues at every stage of the transaction, structuring deals to be tax-efficient and aligned with your overall goals.

      R&D incentives

      The location of your research and development (R&D) activities can significantly affect your costs due to local incentives and tax implications.

      KPMG SIL advisers help you review R&D incentives and evaluate the after-tax costs of conducting R&D across various regions. We also identify available government grants and incentives to help you select the most cost-effective location for your R&D.

      International executive services

      Managing tax compliance for employees on international assignments requires careful planning. Non-compliance can lead to costly penalties.

      KPMG SIL advisers, along with other KPMG professionals, work with businesses to develop tax programmes that comply with local rules while supporting your global strategy. We also review existing programmes to enhance efficiency and ensure your tax planning aligns with your international operations.

      Personal tax

      As a business owner or entrepreneur, your personal tax situation can be as complex as your corporate taxes. Personal tax laws are ever-evolving, making it challenging to manage both corporate and personal tax burdens effectively.

      KPMG SIL advisers alongside with other KPMG professionals, help you navigate tax rules affecting you and your family, ensuring compliance while minimising your overall tax liability.

      As a business owner or entrepreneur, your personal tax situation can be as complex as your corporate taxes. Personal tax laws are ever-evolving, making it challenging to manage both corporate and personal tax burdens effectively.
      KPMG SIL advisers, alongside other KPMG professionals, help you navigate tax rules affecting you and your family, ensuring compliance while minimizing your overall tax liability.

      Strengthening
      Pangratios Vanezis

      Board Member, Head of Enterprise and Startups

      KPMG in Cyprus


      Learn more

      Turning entrepreneurial ideas into business reality

      Expanding your business ideas

      Plan for the future