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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…
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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.
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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.
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Posted in News for Cyprus
Cyprus Tax News: Extension to the deadline for payment of the 2021 annual company levy
We would like to inform you that that in accordance with the relevant announcement of the Department of Registrar of Companies and Intellectual Property, the deadline for payment of the 2021 annual company levy has been extended
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Posted in News for Cyprus
Cyprus Tax News: Amendments to the Income Tax Law
On 21 December 2021, two amending laws were published in the Official Gazette that aim to strengthen the Cyprus tax framework for the prevention of tax abuse.
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Posted in News for Cyprus
Cyprus Tax News: The Register of Beneficial Ownership
The submission of data concerning beneficial ownership is due by 12 March 2022 in accordance with the relevant announcement of the Department of registrar of Companies and Intellectual Property.
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Posted in News, News for Cyprus, News for Greece
The Resilience and Recovery Guide
One of the hot topics the European Union is dealing with is the establishment and operation of a special new fund and program, the so-called Recovery and Resilience Facility (“RRF”). In response to the out¬break of the COVID-19 pandemic…
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Posted in News for Cyprus
Circular issued setting out clarifications on the penalties imposed for non-compliance with DAC6 obligations
Following the transposition of DAC6 into domestic legislation and the issuance of the related Guideline in the form of a Decree, on 19 November 2021 the Tax Department (TD) issued a Circular which sets out certain clarifications…
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Posted in News, News for Cyprus, News for Greece
EU Employment Newsletter: FAQs Vaccines
Andersen, through the member and collaborating firms of Andersen Global and its European Employment Practice, has prepared this edition of the Newsletter with relevant information for employers regarding the vaccination certificate.
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Posted in News for Cyprus, News for Greece
GDPR Flash News: Fine on a telephone company for failure to comply with the principles of confidentiality
The Spanish Data Protection Authority imposed a fine of 50.000 euros on a telephone company for failure to comply with the principles of confidentiality and security of data processing through the implementation of adequate…