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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…
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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, News for Greece
Article 48a: Capital gain tax for holding companies
With Article 20 of Law 4646/2019 Greece has incorporated the participation exemption clause. More specifically, Article 48 A of Income Tax Code states that there is no capital gain tax on the transfer of shares of subsidiaries by the mother company provided that owns the shares (subsidiary):
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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, News for Greece
Employment relationship in Greece according to 5c of Law 4172/2013
As we are aware and in the context of attracting foreign investments and expatriates in Greece, the Greek law has introduced new provisions in the Tax Law for this purpose, i.e. Articles 5a, 5b και 5c of Law 4172/2013.
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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, News for Greece
One -off employee’s compensation – Tax Treatment
The Ministry of Finance has issued a Circular clarifying the nature of the one off compensation to the employees when the employment relationship ceases.
In general and according to the provisions of Law 4172/2013 (Income Tax Code)… -
Posted in News, News for Greece
myDATA: Implementation and Ιncentives
The e-billing procedure has occupied the tax offices and the companies for a long time now. It seems that is under its final version and it becomes obligatory. Since 1.10.2021 the obligatory recording of the sales invoices to the e-platform of the Ministry has started.
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Posted in News, News for Greece, TAX SERVICES
Episode #1 Law 4839/2021: Amendments on donations and parental grants
On Episode 1 of the Andersen Greece Podcast, our partner Martha Papasotiriou is referring to the amendments introduced with the new law 4839/2021 on donations and parental grants.
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Posted in News, News for Greece
Episode #9 Law 4706/2020: Corporate Governance Reform – Board of Directors
The Law 4706/2020 on corporate governance, applicable to listed companies, introduces significant reforms in legislation in the Greek capital market that aim to strength and modernize the Greek Corporate Governance Framework.
