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Posted in News for Cyprus
Cyprus Tax News: Introduction of New Transfer Pricing Documentation Requirements
On 30 June 2022, Cyprus’s parliament enacted for the first-time detailed transfer pricing legislation and incorporated the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (OECD TP Guidelines) into the Cypriot Income Tax Law of 2002.
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Posted in News, News for Cyprus, News for Greece
GDPR Flash News: Fine on the Hellenic Fire Brigade for GDPR violations & employee monitoring
The Hellenic Data Protection Authority imposed a fine of 35.000 Euros on the Hellenic Fire Brigade for violating the GDPR principles of lawfulness, transparency, security of the processing and non-satisfaction of an employee’s right of access.
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Posted in News, News for Cyprus, News for Greece
Introduction to «anti – SLAPP» through 4 Q&As
“SLAPP” stands for “Strategic Lawsuit Against Public Participation” and it is used for intimidating and silencing criticism through expensive and baseless legal proceedings. “Anti-SLAPP” laws provide a remedy to “SLAPP” suits and protect especially the freedom of speech. In this context, at the end of April 2022…
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Posted in News for Cyprus, News for Greece
Data Act: New Legislative Proposal for Data sharing in the EU
Data Act: The European Commission has published the first draft of its new Data Act, which is a proposal for a regulation to establish a harmonized framework for data sharing in the European Union.
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Posted in News for Cyprus, News for Greece
GDPR: 25th May 2022 – Where we stand 4 years later
When the GDPR started applying in May 2018, a major reshaping in the protection of personal data in the European Union was promised ahead. While much has been achieved in the meanwhile, many of the most complex data challenges remain to date.
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Posted in News for Cyprus
The Digital Nomad Visa scheme in Cyprus
The Government of the Republic of Cyprus recently announced a specific visa programme, with several incentives for people who would like to take advantage of all the benefits of living on the island, while working for companies who operate outside the country.
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Posted in News, News for Cyprus, News for Greece
Whistleblower Protection: Employment Service Line Newsletter
In the following publication, we provide a practical overview of how and to what extent the Whistleblower Directive has been implemented in the individual European states of our practice group. In addition, we shed light on what employers and employees…
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Posted in News for Cyprus
Cyprus Tax News: Extension of the deadline for the submission of 2020 Corporate Income Tax return
We would like to inform you that an extension has been granted up to 31 July 2022 for the following deadlines:
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Posted in News for Cyprus
Cyprus Tax News: Extension of the tax incentives granted for investment in innovative SMEs
The Cyprus Parliament voted for an extension of the tax incentives for investing in innovative enterprises, which were introduced in the Cyprus Income Tax law (ITL) in 2017, until 30 June 2024. The tax incentives aim to boost entrepreneurship, support start-ups in developing innovative products and services…
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Posted in News, News for Cyprus, News for Greece
Key Factors to Achieve a Successful Integration in Cross-Border Transactions
Andersen´s M&A practice in Europe analyzed the key factors to achieve a successful integration in cross-border transactions. Read the full article here…