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Posted in News for Cyprus
Cyprus: Transfer Pricing required in 2018 Corporate Income Tax Declaration
The Cyprus Tax Department has issued the 2018 Corporate Income Tax Declaration, which requires to confirm whether a Transfer Pricing study for intra-group financing arrangements has been prepared.
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Posted in News for Greece
GDPR Flash News: Data Protection by Design & by Default
This Flash Report comments on the decisions of the Hellenic Data Protection Authority issued in September 2019 imposing fines amounting to 400.000 euros in total upon a telephone service provider.
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Posted in News for Cyprus
Cyprus: VAT on building land reduced to 5%
The Cyprus Council of Ministers decided earlier this month to reduce the VAT rate on building land from 19% to 5% in the form of a refund, under certain conditions.
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Posted in News for Greece, TAX SERVICES
Article: Brexit & VAT Refund
In view of 31st of October 2019, the date on which the UK will withdraw for European Union, the Independent Authority of public revenue, issued a notice with regards to the VAT Refund applications.
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Posted in News for Greece, TAX SERVICES
Article: How will Brexit affect businesses?
31 October 2019. Maybe one of the most important date in the history of the European Union (E.U.) as UK would be the first member state to withdraw for the EU.
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Article: Online Bookkeeping – The future of bookkeeping
The government plans to launch the online bookkeeping for all businesses and freelancers. The new system aims at simplifying procedures, reducing bureaucracy and reducing tax evasion.
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Posted in News for Greece, PAYROLL SERVICES
Article: The effect of increases in earnings
According to recent reports in the press, the government is preparing to intervene further in labor relations. However, any interventions should not be made without taking into consideration the real financial conditions. Otherwise, they will lead to further wage reductions and rising of unemployment.
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Posted in News for Greece
GDPR Flash News: First fine issued by the Greek Data Protection Authority
This Flash Report comments on the decision of the Hellenic Data Protection Authority issued in July 2019 imposing a fine amounting to 150.000 euros for infringements of the GDPR and more specifically…
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Posted in News for Greece
Article: GDPR – First fine issued by the Greek Data Protection Authority
The Data Protection Authority in Greece, by its decision, published on July 30, 2019, imposed a fine of EUR 150,000 to a company for failing to comply with the provisions of the General Data Protection Regulation (GDPR).
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Posted in News for Greece, TAX SERVICES
Article: Board Members’ Liability
One of the key issues that a shareholder is facing with regards to the establishment of a S.A company in Greece, is searching for members of the Board of Directors.