About Us
AN INTRODUCTION TO SCF INTERNATIONAL
The SCF Group was originally established in 1989 by UK barrister Mr. B.M. Spencer-Higgins and his late Father John Spencer-Higgins. Today Mr. B.M Spencer-Higgins still acts in a consultancy capacity.
Unlike most company formation and tax planning providers, the people who carryout our local company management and accountancy functions are exclusively made up of qualified professionals including qualified Cypriot lawyer and licensed fiduciary Charis Vryonidou LL.B, LL.M (Commercial Law) and Alexis Demetriou ACCA, certified chartered accountant. In Malaysia, services are provided by Ahmad Kamil Mohd Yusop who was trained in London by Mr. B.M. Spencer-Higgins and is undoubtedly one of the best-qualified professionals in South-East Asia.
PROFESSIONALLY QUALIFIED STAFF
SCF has access to a wide range of professionally qualified staff encompassing certified accountants, chartered accountants, and specialist international tax lawyers based both in and outside of Cyprus and Malaysia. In fact, it is our belief that SCF is uniquely positioned to provide a full range of domestic and international accountancy, legal and tax planning services perhaps not available outside of the largest accountancy firms but at a fraction of the cost. We also believe that being smaller gives us a more personalized relationship with clients and probably explains why we still have so many of our original clients still with us after more than 20 years in business.
THE ABILITY TO DEAL WITH THE POST BREXIT WORLD
The decision by the United Kingdom to leave the EU is, without doubt, one of the most momentous decisions ever taken and one which will fundamentally change both tax planning advice and structures for both individuals and businesses alike. In the future, the reliance on EU directives and regulations (such as 90/435 for dividends and 03/49 for interest) will be replaced by having to consider individual tax treaties, which will in many cases create additional costs and bureaucracy for UK based businesses. By moving out of the UK, SCF can now provide UK businesses with advice and if required EU based business structures that will continue to allow its former UK clients to enjoy the benefits of EU membership.
IT IS EXPECTED THAT THE DEMAND FOR MANAGED COMPANIES IN CYPRUS AND IRELAND WILL INCREASE DRAMATICALLY
CYPRUS
As with the Republic of Ireland, Cyprus will be remaining part of the EU and will continue to fully benefit from all EU Directives and Regulations. Apart from the 12.5% corporate tax rate, Cyprus also enjoys very favorable tax treatment with respect to dividends and capital gains not to mention the inward fiscal migration dispensations. An ideal location for the smaller international business given its competitive cost base and acceptance of private interest foundations.
IRELAND
With the departure of the UK from the EU, it is expected that many UK businesses with significant trading within the EU will seek to establish a presence within the EU itself to avoid the inevitable tariffs and bureaucracy. In particular, the apparent stance of the EU as expressed by the President of the European Commission, Jean-Claude Juncker, to exclude services from any future tax treaty will leave many in the UK service sector with no choice but to establish an EU presence. For this reason, the SCF Group has established a full range of managed company services, run by local chartered accountants, in the Republic of Ireland that will not only benefit from being in the EU but also from the local 12.5% corporate tax rate and of course the ability to register for VAT.
Apart from Ireland, the SCF Group can also provide fully managed EU companies in Cyprus and Malta again with a full range of management services provided by our local lawyers and accountants.
PRIORITY ENQUIRY FORM
(Strictly Confidential No Obligation)
SCF International is the trading name of SCF Corporate Services Limited
Address: 1st Apriliou 47, Limassol, 3117 Cyprus
Telephone: +357 25 771 570 Email : enquiries@scfgroup.com
Registration number HE 341030
Malaysia: KL Marketing Office, B-7-6, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia
© SCF INTERNATIONAL 2018
A FULL RANGE OF LEGAL, ACCOUNTANCY & COMPANY MANAGEMENT SERVICES
The SCF International specializes in providing accountancy services for Cypriot limited companies, Cypriot company management services including the provision of (where necessary) domestic directors, domestic company secretaries, registered office address services, trading offices, value added tax (VAT) registration and management, payroll (Pay as You Earn PAYE), opening up and managing bank account facilities, raising invoices and any and/or all other services required to establish a bone fide managed and controlled UK limited liability company.
The SCF International also specializes in providing accountancy services for Irish limited companies, Irish company management services including the provision of (where necessary) domestic directors, domestic company secretaries, registered office address services, trading offices, value added tax (VAT) registration and management, payroll (Pay as You Earn PAYE), opening up and managing Irish bank account facilities, raising Irish invoices and any and/or all other services required to establish a bone fide managed and controlled Irish limited liability company.
Our in-house team of legally and accountancy qualified experts can also provide advice on current UK & Irish tax laws/provisions including anti-avoidance provisions, EU directives and regulations, the impact of BREXIT for both UK and EU based businesses and other relevant. In addition, where required the SCF Group can also set-up and arrange the management of companies in tax attractive EU based jurisdictions such as Cyprus, Luxembourg or Malta or indeed any jurisdiction in the world including those in the Middle and Far East.
Property de-enveloping services – In conjunction with leading UK firms of solicitors SCF International can help transfer companies currently held by what were known as ‘offshore’ companies into either more tax efficient UK companies or directly back into the names of individual beneficial owners’ often without attracting stamp duty land tax (SDLT) but still avoiding the advance tax on enveloped dwellings (ATED). For more information please see https://www.de-enveloping.co.uk
Our fiscal migration and tax planning department is operated by qualified lawyers and accountants and can advise both domiciled and non-domiciled individuals on how to mitigate their individual and corporate tax exposure be it in Cyprus or internationally. Our legal & business department can provide specialized advice on all domestic and international tax planning issues but also upon ‘key’ issues such as asset protection be it in the form of trusts, private interest foundations (PIF’s), pre-nuptial and post-nuptial agreements, divorce and general family law, legal drafting, leave to remove applications etc