Services

Other Tax Services

We help simplify tax management and oversight while providing global visibility for making informed strategic decisions ― all with the ease of working with a global provider.

Comprehensive tax reviews, cash flow planning, aid in the event of a tax inspection, professional disputes support, tax training, tax investigation services, Foreign Account Tax Compliance Act (FATCA), assistance to get DTA (to benefit from exemptions under Double Tax Treaties) forms, and Customs Duty advice are all services provided by Nexia's specialist Tax and Legal team.

Our tax review's primary goal is to identify prospective tax risk areas as well as tax savings opportunities for the Customer.

This sort of service entails a review of the Customer's tax calculations and returns, as well as the verification of primary documents (chosen at random) such as contracts, invoices, bank payment documents, business trip lists, certifications, and so on, for the agreed-upon time. We will assess the level of conformity of the Customer's tax calculation technique with statutory requirements, as well as tax risk and savings opportunities.

Our tax review services include, but are not limited to, reviewing the following customer tax liabilities :

• Corporate Income Tax
• Value-added tax (VAT)
• Withholding tax
• Personal income tax
• Social insurance contributions

The tax review process also should cover the review of:

• Contracts with suppliers;
• Contracts with customers, both PSA and non-PSA;
• Significant past tax advice given by external advisors;
• Tax structures implemented for tax planning / tax mitigation;
• Major tax correspondence with the tax or other relevant authorities (if any);
• Tax Audit reports of the previous years (if any);

We will publish a written report outlining our findings and recommendations on how to effectively address them as a consequence of the tax study.

Also We provide tax and legal support (State Tax Service, Repuplic of Azerbaijan Ministry Labour and Social Protection of Population, etc.) during audits and inspections, including the following:

• Assist with correspondence with state officials;
• Arranging meetings with inspectors from the state agencies;
• preparing the documentation and information that the auditors have requested;
• Examining papers (decrees, directives, etc.) issued by state agencies in connection with audits and inspections;
• Preparation of appeals against the inspectors' actions.

Other tax consulting services include:

• Tax accounting policy development;
• Review of business contracts from the aspect of taxation;
• Obtaining certifications from the State Tax Service, attesting to the payment of (various) taxes;
• Other issues including taxes.

We are dedicated to providing our clients with continual value. We use technology and best practices to provide a wide range of high-quality, cost-effective services that help you reach your business objectives.