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Nicholas Zelios is now Director
We are announcing the promotion of Nicholas Zelios to the position of Director at Andersen Legal. This well-deserved promotion is a testament to his exceptional contributions and unwavering dedication to the firm.
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Posted in News, News for Cyprus
Cyprus News: Extension For Submitting Data To The Beneficial Owners Registry And Refund Of Fees Paid
In the context of the review of the practical implementation of the legislation and taking into account the high financial charges, the size of companies in the Republic of Cyprus, which are mostly Small and Medium Enterprises…
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Posted in News, News for Cyprus
EU Pillar Two Directive – Cyprus update
On December 12, 2024, Cyprus Parliament approved a bill to implement the EU Pillar Two Directive, ensuring a global minimum tax for multinational and large-scale domestic groups.
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Posted in News, News for Cyprus
Cyprus News: Changes in the framework of the Register of UBOs
On 06/12/2024, the Law on the Prevention and Combating of Money Laundering (Amendment) (No.2) Law of 2024, with number N.141(I)/2024, was published. The main amendments are analyzed below:
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Posted in News, News for Greece, TAX LAW PRACTICE
Tax Policy on Tips in EU Countries
Tips constitute a significant portion of income for workers, especially in the hospitality and food service industries. In Greece, recently, an intense debate was sparked following the government’s decision to tax tips, with an exemption of up to €300 per month.
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Posted in News, News for Greece, TAX LAW PRACTICE
Digital Transaction Fee
The Digital Transaction Fee introduced with the enactment of Law 5135/2024 replaces the old Stamp Duty Code and comes into effect on 01/12/2024. Transactions executed up to and including 30/11/2024 will be subject to the Stamp Duty.
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Posted in EMPLOYMENT PRACTICE, News, News for Cyprus, News for Greece
European Employment Insights: Newsletter November 2024
This month’s European Partner Spotlight features Cord Vernunft from Andersen in Germany, who shares the impact of economic crises on employment, business adaptation, emerging trends, the role of technology in the workplace, and more.
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Corporate and M&A Magazine – M&A and PE in Europe: Q3 2024 Results and Forecasts
This magazine, “M&A and PE in Europe: Q3 Results and Forecasts”, is key to staying up to date on the current status and forecast of the M&A and Private Equity market in Europe.
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Litigation and Arbitration Newsletter: Mediation: Legal Framework and Business Benefits
This edition emphasizes how mediation creates a collaborative environment, enabling both parties to negotiate mutually beneficial resolutions while minimizing the risks of significant financial losses associated with court rulings.
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Posted in News, News for Cyprus
Cyprus News: Submission of Summary Table of Controlled Transactions
The Cyprus Tax Department has issued an announcement regarding the submission of the Summary Information Table of Controlled Transactions (hereinafter “SIT”) for the year 2022. The SIT is a mandatory form that must be submitted to the Tax Department annually.