-
Posted in News, News for Cyprus, News for Greece
The M&A market in Europe reached an all time record in 2021
The growth experienced in the M&A, private equity and venture capital transactions in 2021, is expected to set the stage for an even better 2022.
The mergers and acquisitions (M&A) market in Europe has reached a historic record in 2021… -
Posted in News, News for Greece
Updates on diagnostic COVID-19 Testing for Private Sector Employees
According to recent announcement released from the Ministry of Labour & Social Affairs, from 7th of February 2022, the mandatory Covid-19 weekly testing applies to all employees of the private sector who provide their services with physical presence…
-
Posted in News for Cyprus
Cyprus Tax News: Submission deadline of SDC and GHS contributions extended
The deadline for the electronic submission of the declarations for Special Defence Contribution (SDC) and General Healthcare System (GHS) contributions withheld on interest (T.D. 602) and dividend (T.D. 603) payments, has been extended to 31 March 2022.
-
Posted in News for Cyprus
Cyprus Tax News: FAQs on back-to-back financing arrangements
The Cyprus Tax Department (CTD) has issued a new Frequently Asked Questions (FAQs) section on its website associated with Interpretative Circular 3 dated 30 June 2017 titled “Tax treatment of intra group back to back financing transactions”.
-
Posted in News, News for Cyprus, News for Greece
Happy Data Protection Day, 28th of January 2022
Sixteen years ago, the Council of Europe launched a Data Protection Day to be celebrated each year on 28 January. To celebrate this day, our team has prepared a short list with 5+1 privacy tips, in order for you to be prepared in 2022.
-
Posted in News, News for Cyprus, News for Greece
Market Data on EU derivatives and Securities Markets
The European Securities and Markets Authority (ESMA), published on 17 December 2021 two Annual Statistical Reports (Reports) analysing the EU derivatives and securities markets in 2020.The Reports also discuss the significant impact of the UK withdrawal on the EU derivatives…
-
Posted in News, News for Cyprus, News for Greece
Legal Entity Identifier for Legal Entities in Financial Transactions
In accordance with the European Systemic Risk Board (ESRB) recommendation, the Hellenic Capital Market Commission (HCMC) encourages all legal entities involved in financial transactions, under the HCMC’s supervisory competence…
-
Posted in News, News for Cyprus, News for Greece
EU regulators recommend rapid action on Digital Finance
The three European Supervisory Authorities (EBA, EIOPA and ESMA) have recommended a series of actions to the European Commission, namely ten cross-sectoral recommendations and two insurance-specific recommendations, in order to ensure that the EU financial services regulation…
-
Posted in News for Cyprus
Cyprus Tax News: Cyprus – Jordan tax treaty signed and published
On 17 December 2021, Cyprus signed a tax treaty for the avoidance of double taxation (the “treaty”) with Jordan, which was published in the Official Gazette on 31 December 2021.
-
Posted in News for Cyprus
Cyprus Tax News: Laws for the prevention of international tax abuse
The Cyprus House of Representatives has voted into law two bills for amending the Cyprus Tax Legislation, with the purpose of strengthening the Cyprus tax framework for the prevention of tax abuse, tax evasion and tax avoidance.