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Posted in News, News for Cyprus
Cyprus Tax News: The Register of Beneficial Ownership
The submission of data concerning beneficial ownership is due by 12 March 2022 in accordance with the relevant announcement of the Department of registrar of Companies and Intellectual Property.
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Posted in News, News for Cyprus, News for Greece, TAX LAW PRACTICE
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 Cyprus
Cyprus Tax News: Circular issued setting out clarifications on the penalties imposed for non-compliance with DAC6 obligations
Following the transposition of DAC6 into domestic legislation and the issuance of the related Guideline in the form of a Decree, on 19 November 2021 the Tax Department (TD) issued a Circular which sets out certain clarifications…
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Posted in EMPLOYMENT PRACTICE, 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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GDPR Flash News: Fine on a telephone company for failure to comply with the principles of confidentiality
The Spanish Data Protection Authority imposed a fine of 50.000 euros on a telephone company for failure to comply with the principles of confidentiality and security of data processing through the implementation of adequate…
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Posted in ANTITRUST, COMPETITION & REGULATORY LAW PRACTICE, News, News for Cyprus, News for Greece, Whistleblowing Shield
Whistleblowing Directive: All you need to know in 5 Q&A
Whistleblowing is defined as the activity of an employee or officer of a public or private organization who reports waste, fraud, abuse, corruption, or profit seeking to someone who is in the position to rectify the wrongdoing.
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Posted in News, News for Cyprus
Cyprus Tax News: Further extension of non-application of administrative fines for DAC6 submissions
The Tax Department has announced that the period for the non-imposition of administrative fines for overdue submission of DAC6 information is further extended to 31 January 2022 (previously 30 November 2021)…
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European Corporate Legal Insights: ESG
Andersen´s European Corporate and M&A practice has prepared the fourth edition of the European Corporate Insights’ magazine. In this publication we address “ESG criteria in Europe” as one of the topics…
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Posted in News, News for Cyprus
Action plan for attracting foreign companies to Cyprus
The Cypriot Ministry of Finance presented this month an Action Plan for attracting companies to operate or expand their activities in Cyprus, in an attempt to make the island a sustainable business hub.
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Posted in News, News for Cyprus
International Collaboration to End Tax Avoidance: Cyprus’ Position
136 countries and jurisdictions representing more than 90% of global GDP, joined a new two pillar plan to remodel international taxation rules and ensure that multinational enterprises (‘MNE’s) pay a fair share of tax wherever they operate.
