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Posted in News, News for Cyprus, News for Greece
EUIPO: The Ideas Powered for Business SME Fund
The European Union Intellectual Property Office (‘EUIPO’), in collaboration with the European Commission and the national Intellectual Property Offices of the European Union, has launched a €20 million grant scheme…
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Posted in News, News for Cyprus, News for Greece
Happy Data Protection Day, 28th of January 2021
Fifteen years ago, the Council of Europe launched a Data Protection Day to be celebrated each year on 28 January, the date on which the Council of Europe’s data protection convention, also known as “Convention 108
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Posted in News, News for Cyprus, News for Greece
BREXIT Webinar: 28 January 2021 (4:00PM CET)
Andersen has organized a Webinar on January 28th. Mark Gorman, Belen Palao and Sarah Shears from Andersen in Ireland, Spain and UK will explain in a Webinar session on January 28, 2021, the issues in terms of VAT and
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Posted in News, News for Cyprus
Cyprus News: Fast Track Business Activation Mechanism
On the 3 September 2020, the Cypriot Government approved the “Fast Track Business Activation Mechanism”, fully activated in October and that has already attracted the interest of foreign companies, businessmen and others.
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Posted in News, News for Cyprus, News for Greece
GREEN DEAL | Andersen Webinar 2nd February 2021
Andersen has organized with the Legal Service Director – General at the European Commission a Webinar on February the 2nd. The webinar will cover the Business Opportunities that the Green Deal can bring to companies operating…
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Posted in News, News for Cyprus
Cyprus Tax News: Social Insurance and National Health contributions for 2021
Social Insurance and General Healthcare System contributions will this year remain the same as in 2020. Social Insurance Contributions for 2021…
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Posted in News, News for Cyprus
Cyprus Tax News: End of 5% VAT for hotels and restaurants
The reduction of the VAT rate from 9% to 5% for hotel accommodation, restaurant and catering services and passenger transport expired on 10 January 2021. As from 11 January 2021…
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Posted in News, News for Cyprus
Cyprus Tax News: 4th AML Directive Development: Establishment of UBO Registry
With a decision of the Council of Ministers dated 16.12.2020, transposing the 4th AML Directive of the EU 2015/849 into national law, the green light for the establishment of a central registry of ultimate beneficial owners have been given.
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Posted in News, News for Cyprus
Cyprus Tax News: Extension of the income tax exemption of 20% for employment
On 15 December 2020, an amending law was published in the Gazette with respect to Article 8(21) of the Income Tax Legislation. The purpose of the amendment is to expand the existing framework of attracting employees from abroad.
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Posted in News, News for Cyprus
Cyprus Tax News: Extension of submission deadline for Country-by-Country Reporting obligations
We would like to inform you that on 15 December 2020 the Cyprus Tax Department (“CTD”) has announced that the following deadlines with respect to CbCR filing obligations in Cyprus are extended.