Zakat & Tax Service

What LYCA can do for you

Compliance and planning

Whilst zakat and tax are an inevitable part of running your business, staying ahead in the ever-evolving landscape of these regulations is crucial for financial success. Inadequate or improper handling of zakat and tax issues can result in major financial consequences and restrict your company’s ability to invest and grow. Our experts provide guidance on calculation and compliance related matters of Zakat and Corporate Tax, ensuring a seamless process that aligns with your values and goals.

We take a balanced and integrated approach focusing on the total business picture, not just your next return. LYCA will help you define the right overall zakat and tax position, designed to save you money in complex zakat and tax environments, whilst at the same time meeting your larger business goals. Our services include:

·        Zakat and tax planning

·        Business tax compliance

·        Zakat and tax investigations/inspections

·        Transaction services

·        Succession and exit tax planning.

Transfer pricing

Transfer Pricing is typically one of the most significant tax issues for multinational groups, given its subjectivity and the increasing concern of tax authorities worldwide to ensure profits are not inappropriately shifted through non-arm’s length pricing. In many jurisdictions, this has been exemplified by tax authority scrutiny of a number of arrangements, including particularly intellectual property, financing, procurement/marketing hub arrangements, and a continued general focus to ensure that they are not missing out on their ‘fair share’ of the overall value chain's profits. 

At LYCA, we recognize the critical role of Transfer Pricing in the global business landscape. Our dedicated team specializes in providing comprehensive and strategic Transfer Pricing services to help your organization navigate the complexities of cross-border transactions.

Backed by a team of experienced professionals with in-depth knowledge of tax regulations, we offer tailored solutions that address the unique challenges of your business. Whether you're dealing with inter-company transactions or compliance issues, we are committed to delivering practical and efficient transfer pricing solutions.

In light of this context, LYCA takes pride in its client-centric approach. We understand the importance of maintaining a balance between compliance and maximizing operational efficiency. Our goal is to not only ensure compliance with regulatory directives but also to provide strategic insights that contribute to your business's overall success.