YNOT EUROPE – Based in the tax and legal haven of Nicosia, Cyprus, the principals behind the consulting firm Prospectacy Limited are fairly well known in the online business world. After tackling the mainstream, the firm has set its sights on the adult industry — an industry often targeted by financial and regulatory agencies.

Prospectacy specializes in international tax planning and optimization. The company offers a range of services from company formation in offshore and low-tax jurisdictions to legal, accounting and audit assistance.

Vahe Gevorgyan, the director of taxation services for the firm, answered a few questions ahead of The European Summit, where Prospectacy plans to introduce itself to adult industry insiders. Gevorgyan will represent the consultancy at the event.

YNOT EUROPE: Tell us a little about Prospectacy.

Vahe Gevorgyan: Prospectacy is one of the leading corporate services firms for the online industry, specialized in international taxation and optimization. We provide a full range of corporate services, including company formation and management, trust services, banking services, international tax planning and consulting, legal drafting and consulting, and financial reporting and assurance. Through expert advice and advocacy, we empower our clients around the world to grow, thrive and excel. We conduct business in Greek, English, Russian, Hebrew and Latvian.

What issues should be of most concern to adult business owners right now?

Everyone is aware of the several high-profile tax cases that have come to light worldwide in recent months. In light of these prosecutions, I will present a seminar covering the cases and providing some insight into how such situations can be avoided with proper use of international tax planning and structuring ideas.

Will you be taking meetings during the show?

Attendees are welcome to set meetings with me via TES’ new mobile networking app. Also, attendees interested in our services may introduce themselves during or after the seminar or at any of the events Prospectacy will be sponsoring. We have the pleasure to invite all TES attendees to our coffee bar as well as to a happy hour in the Lizard CLC music club inside the show hotel.

Why did you elect to introduce your company to the industry at TES?

TES is an amazing gathering of professionals working in the industry and a great opportunity to meet new business partners. However, it’s not only business but also fun. The organizers always ensure that everyone is having a great time and do everything possible for business associates and friends from the industry to meet and conduct business.