
Profits of insurance companies are liable to corporation tax similar to all other companies except in the case where the corporation tax payable on taxable profit of life insurance business is less than 1,5% on gross premium. In this case the difference is paid as additional corporation tax.
M. Kolokotronis + Associates personnel provides services for the last twenty years. The company’s main line of services is in the audit, bookkeeping, payroll, tax and business advisory for companies both local and international.
Our audit and tax experience range extensively in retail, investment, finance, construction, manufacturing, commission agents and services industry companies.