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PK Novustax & Co Limited

Licensed accounting firm in Cyprus, based in Nicosia.

Practising

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PK NovusTax & Co Limited is a boutique tax consultancy firm based in Nicosia. Founded by Managing Director Pantelis Karonias, the practice operates as a specialised advisory firm focused on guiding domestic and international businesses through domestic, European, and international tax frameworks.

The firm concentrates its practice on direct and indirect tax advisory, VAT compliance, and transfer pricing. Its transfer pricing services assist cross-border enterprises with related-party transactions under Article 33 of the Cyprus Income Tax Law and OECD guidelines, including arm's-length pricing documentation for goods, services, and intellectual property. The practice also represents clients during tax audits, provides expert tax opinions, and assists with tax dispute resolution.

PK NovusTax advises corporate clients across a range of industry sectors, including shipping, manufacturing, retail, software, and financial services.

Services

Transfer Pricing Cyprus

Assists businesses in establishing arm's-length prices and compliant documentation for cross-border transactions involving goods, services, or intellectual property under Article 33 of the Cyprus Income Tax Law and OECD Transfer Pricing Guidelines.

Expert Tax Advisory Services

Provides strategic tax planning and compliance advice covering direct taxation, dispute resolution, and representation during tax audits.

Comprehensive VAT Services

Advises on VAT compliance and management under Cyprus and EU VAT rules.

Specialisms and sectors

Compiled from what PK Novustax & Co Limited publishes about itself. It is not a statement of what the firm is licensed to do, which is set out above.

Focus areas

OECD transfer pricing documentationTax dispute resolution and auditsEU VAT

Sectors served

shippingmanufacturingretailsoftwarefinancial services

What these licences mean

Practising
  • Practising Certificate, Holds a current ICPAC practising certificate.

Licensed professionals at this firm

Individually licensed people who act for PK Novustax & Co Limited.

Registered officers

Officers recorded against this firm’s registration.

Director

Shareholder

Compliance officer

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Registration and licence details compiled from public sources.