Controlled foreign companies – this term should be known to everyone who is the owner of foreign companies. In many countries, owners of foreign companies are required to report on the presence of such foreign companies, submit tax reports and pay additional taxes.
The legislation on controlled foreign companies (CFC) is already working in the Ukraine, France, Korea and many other countries. Antwort specialists will be happy to provide you with advice on CFC, as well as prepare and submit all necessary reports.
As part of the CFC consultation, Antwort specialists will be happy to give you answers to any questions, including:
1. Does your company fall under the definition of a controlled foreign company (CFC)?2. What kind of reporting and when should you submit?3. How will the CFC tax amount be calculated?4. What steps can be taken in order to avoid unnecessary taxes and submission of CFC reports?
In order to avoid possible penalties for late submission of CFC reports, entrust this issue to professionals!