02.25

Tax Compliance for Online Gaming Group in Cyprus

Kinanis LLC advised on complex multi-jurisdictional tax compliance for an online gaming group, ensuring Cyprus residency, substance, and IP regime adherence.


Our Work

We delivered a project to advise on and manage complex tax compliance obligations for a group of companies operating in the online gaming industry. The scope of work included the review of multi-jurisdictional operations, assessment of income sourcing and nexus fraction rules, application of the Cyprus tax residency and substance test. The engagement required in-depth analysis of cross-border tax implications, coordination with local and foreign service providers, and the design of a robust tax compliance framework aligned with industry-specific regulatory requirements and particularities associated with the Cyprus IP regime. The complication of the tax compliance process meant that normal tax compliance professionals could not adequately deliver the project, and as such the client requested that we perform the computations and ovwerall process for increased certainty.