Compliance work for VAT and local tax laws and regulations

Situation: 

Cyprus Company with Greek branch has inhouse consultants working in Greece  who are offering their services to the Cyprus company.

These inhouse consultants are using the Cyprus entity:

• infrastructure, 
• premises, and
• they are signing monthly timesheets for this work.

In a nutshell:

We need an experts opinion covering 2 jurisdictions:

a) Greek Side

We are not breaking any laws by having subcontractors raising invoices to Cyprus Company via VIES (not charging Greek VAT) with particular reference:

• anti tax avoidance measures
• fair competition etc.
• VAT / Tax / Transfer pricing matters

b) Cyprus Side

We are compliant with the above treatment with all local tax and VAT laws and regulations including:

• anti tax avoidance measures
• fair competition etc.
• VAT / Tax / Transfer pricing matters

Service Provider Description

We need a big 10 audit & assurance firm with coverage in Cyprus and Greece to review our current VAT treatment and any compliance matters that may occur as per above requirements and write to us a compliance report for internal assurance purposes.

Service Provider Selection

We will select the service provider based on their expertise and fee quote.

Fees

The fee range is an indicator; we do not know how much this report will cost but we consider the fee range fair.