So if I have bunch of support freelancers in a offshore company and that company bill my Cyprus company for services. So far ok but if I have that offshore company in e.g Sychelles, Belize etc most likley there is no VAT charge in that country as the company work with freelancers with contract, so no business conducted in that country. So then I cant recudt any VAT invoceds to the Cyprus company?I mean the freenlanercs contract is stated they should pay there own taxes and VAT. I do pay them incl VAT. Not sure I explain so good but I wan t try legit lower my taxes.
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