How I can reduce my corporate tax levels

VAT & TAX MITIGATION

SCF Legal & Corporate Management Services Limited is in a unique position to advise both individuals and companies on how to reduce, defer or otherwise mitigate their tax obligations. As a licensed tax planning practice, authorised by the European Union to manage companies and trusts through our affiliate office based in Funchal, Madeira*1 we can often create tax avoidance structures that can save individuals and companies significant sums of money each year.

How we can save you money!

In many ways, all the SCF Group has done is introduce the tax planning methods enjoyed by the multi-nationals for decades to relatively wealthy individuals and small to medium sized companies with an international, or at least potentially international, cliental. The principal ‘tools’ employed are using separate legal entities such as private limited liability companies properly managed and controlled in both tax planning and tax haven jurisdictions, international double taxation treaties between beneficial signatory states and of course facilitating physical moves to tax friendly locations again for both individuals and corporates.

VAT & Tax Rates within the European Union (EU)

The SCF Group is very much based and aimed at helping business within the borders of the European Union. As such, we have garnered much experience of exploiting the variable tax systems, VAT and corporate tax rates and in particular eclectic tax concessions available in the different member states together with our knowledge of using the various beneficial EU ‘Directives’ and ‘Regulations’: Particularly the EU Parent Subsidiary Directive 90/435 which, in specified circumstances*2, allows dividends to be distributed from one EU member state to another EU member state without any withholding taxes.

Standard European Union Corporate Tax & VAT Rates

European Union Corporate Tax Rates
Country	Corporate Tax Rate (s)	Standard VAT Rate (s)	Beneficial Tax Regime for Individuals?	Overall Rating 1-10
Austria	34%	20%		5/10
Belgium	33.99%	21%		5/10
Bulgaria	15%	19%		7/10
Cyprus	10 - 15%	15%	☺	9/10
Czech Republic	28%	19%		6/10
Denmark	30%	25%		4/10
Estonia	12.5%	18%		9/10
Finland	29%	22%		6/10
France	34.33%	19.6%		5/10
Germany	34.33%	16%		6/10
Greece	25% - 35%	19%		5/10
Hungary	16%	20%		7/10
Ireland	12.5%	21%	☺	10/10
Italy	37.25%	20%		4/10
Latvia	15%	18%		9/10
Lithuania	13% - 15%	18%		9/10
Luxembourg	30.38%	15%		7/10
Malta	35%	18%		6/10
Netherlands	29% - 34.5%	19%		6/10
Poland	19%	22%		6/10
Portugal	27.5%	21%		4/10
Romania	25%	19%		5/10
Slovakia	19%	19%		7/10
Slovenia	15%	20%		8/10
Spain	35%	16%		5/10
Sweden	28%	25%		5/10
United Kingdom	19% - 30%	17.5%	☺	8/10

*1 = Hibernian Trust e Management Lda is a fully licensed company and trust management firm registered with the regulatory SDM Body Certificate Number 511125828
*2 = Directive 90/435 only applies where there is a participation exemption whereby at least 25% of the equity of the subsidiary is owned by the parent company plus a number of other conditions