How we Helped them?
Accounting and Taxation
MCC delivered a comprehensive suite of services to meet Cefas’ requirements, ensuring their tax compliance and mitigating potential risks. Our services included:
- Preparation and Filing of Annual Tax Return:
- Compiled and reviewed all necessary financial data provided by Cefas for the tax year ending March 31, 2022.
- Accurately prepared and submitted the annual tax return to the KTA in compliance with Kuwaiti tax laws and regulations.
- Advisory Support:
- Provided expert advice on the nuances of Kuwait’s tax framework, ensuring Cefas understood their obligations.
- Assisted in preparing the notification for the cessation of Cefas’ activities in Kuwait, keeping the KTA informed.
- Query Management:
- Liaised with the KTA to address and resolve any queries or concerns related to the tax return submission.
- Ensured prompt responses to KTA’s inquiries, minimizing delays and ensuring a seamless process.
Through our tailored approach and in-depth knowledge of Kuwaiti tax regulations, MCC enabled Cefas to meet their compliance requirements efficiently, allowing them to focus on their core environmental and scientific missions.
