Tax optimization is the actions associated with the reduction of the tax burden on the organization through a number of activities:
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Determination of the most convenient organizational-legal form (IE / LLP / JSC), for conducting business, taking into account the specific needs of the client;
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Determining the place of registration of the organization (regular, MFCA or other countries);
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Choosing the optimal tax regime (general/special tax regime), which allows to reduce the tax burden of the organization;
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Determination of the types of activities, which can be subject to special tax regimes and which are taxed at a lower tax rate compared to other types of activities;
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Preparation of the tax accounting policy (TAP) with the possibility of applying methods that reduce the tax burden, including the use of separate accounting;
- The possibility of applying the international conventions on avoidance of double taxation, including MLI;
- Other measures.
Who needs tax optimization
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Business owners;
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Directors of companies
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The financial directors;
- Chief accountants;
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Economists and financial planners.