ABAX - Adding value to global business

ABAX - Adding value to global business

Tax Services


Our Tax Line of Service covers a range of tax compliance and advisory services to meet the needs of our clients. On the compliance side, we assist clients to become fully compliant with prevailing tax laws and regulations, including handling enquiries and other communication with the tax authorities. In addition, we deliver tailored tax advice on both domestic and cross-border issues and transactions.

Our Tax Line of Service also works closely with our Compliance Department to provide advice and assistance with FATCA and CRS.

 

Our Tax service offering includes:

Tax compliance

  • Registration for VAT
  • Preparation and filing of tax returns, including annual income tax, Advance Payment System, VAT and TDS (where applicable)
  • Handling of tax audits and assessments, including refunds
  • Handling communication with tax authorities and the tax tribunal (the “Assessment Review Committee”), from preparation of documents to negotiating settlements
  • Application and renewal of Tax Residence Certificate

 

Tax advisory

  • Tax structuring in relation to cross-border transactions
  • Tax implications of corporate restructurings and re-organisations
  • Analysis and recommendation on substance requirements
  • Analysis of double taxation treaties – advising on implications and identifying planning opportunities
  • Transfer pricing analysis
  • Tax opinions
  • Application for tax rulings
  • Discussion of ad-hoc transactions with tax authorities and regulators
  • Review of agreements and contracts from a tax perspective
  • Analysis of changes in tax laws and regulations on structures and transactions
  • Tax advice for individuals and trusts
  • Tax planning strategies for High Net Worth individuals

 

FATCA and CRS

  • Advice on implications of FATCA/CRS
  • Registration of GIIN with US Internal Revenue Service for FATCA
  • Registration with the Mauritius Revenue Authority
  • Advice on FATCA/CRS classification
  • Assistance with account opening procedures and due diligence
  • Appointment of Responsible Officer
  • Conversion and filing of XML file for FATCA and CRS
  • Handling tax reporting and other communication with tax authorities
  • Completion of FATCA documentation for bank account opening