Companies registered in European jurisdictions, such as Cyprus or the United Kingdom, are required to submit an annual financial report to the tax authorities and to pay corporate income tax. CFA cooperates with professional partners to streamline the preparation and submission process.

United Kingdom

  • The fiscal year is calculated depending on the company’s date of registration.
  • An auditor’s report is necessary if any two of the following conditions are true:
  • Annual turnover exceeding £6.5 million;
  • Balance exceeding £3.26 million;
  • Average number of employees exceeding 50;
  • Corporate tax rate of 20%.
UK Corporate Tax Rate
  • Main Rate
  • Small rate

United Kingdom

  • The fiscal year is calculated depending on the company’s date of registration.
  • An auditor’s report is necessary if any two of the following conditions are true:
  • Annual turnover exceeding £6.5 million;
  • Balance exceeding £3.26 million;
  • Average number of employees exceeding 50;
  • Corporate tax rate of 20%.

Cyprus

  • The fiscal year is calculated from 01/01 to 31/12.
  • An auditor’s report is required.
  • Corporate tax rate of 12.5%.
Cyprus Corporate Tax Rate
  • Corporate Tax

Cyprus

  • The fiscal year is calculated from 01/01 to 31/12.
  • An auditor’s report is required.
  • Corporate tax rate of 12.5%.