CRS REPORTING

CRS Reporting

The Common Reporting Standard (CRS) is a global standard for the automatic exchange of financial account information. Developed by the Organization for Economic Cooperation and Development (OECD), CRS is designed to prevent offshore tax evasion and Cyprus has been affected since January 2016.Every year new countries are being added in the CRS list.

Who is affected?

- All financial institutions.

- Customers who are tax residents outside of the country/jurisdiction where they hold their accounts.

What covers?

Customers who are tax residents outside of the country/jurisdiction where they hold their accounts.

How can we help?

We can assist you with:

- CRS Reporting.

- CRS Consultation.

- Record Keeping/Data Storage.