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European Corporate Legal Insights: How to Finance M&A transaction in Europe
Andersen´s European Corporate and M&A practice has prepared the third edition of the European Corporate Insights’ magazine. In this publication we address “How to Finance M&A transactions in Europe”…
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GDPR Flash news: Italian DPA imposes fine for unlawful processing of employees personal data
The article refers to the € 2.6 million fine imposed by the Italian Data Protection Authority on a food and goods delivery company for the unlawful processing of employees’ personal data…
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Posted in News, News for Cyprus
Cyprus Tax News: Extension to the deadline for payment of the 2021 annual company levy
In accordance with an announcement made by the Cyprus Registrar of Companies on 8 July 2021, the deadline for payment of the 2021 annual company levy has been extended from 30 June 2021 to 31 December 2021.
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Posted in News, News for Cyprus
Cyprus Tax News: Directive for the beneficial ownership register of express trusts
On the 18th June 2021, the Cyprus Securities and Exchange Commission (“CySec”), being the competent independent authority for maintaining and operating the Trusts UBO Registry as required…
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Posted in News, News for Cyprus
Cyprus Tax News: Cyprus – Netherlands tax treaty signed and published
On 1 June 2021, Cyprus signed a tax treaty for the avoidance of double taxation (the “treaty”) with the Netherlands, which was published in the Official Gazette on 4 June 2021, the date of ratification by Cyprus.
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Posted in News, News for Cyprus, News for Greece
E-Commerce Webinar: 22 JUNE, 4 PM CET
VAT & Customs Service Line of Andersen will organize a webinar on 22nd of June. Read the webinar agenda and the key speakers and click to register.
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Posted in News, News for Cyprus
Cyprus Tax News: Tax treatment of effects of adopting IFRS 9, 15, and 16 clarified
On 17 May 2021, the Tax Department issued a Guideline providing clarifications with respect to the tax treatment of the impact on the financial statements from the application of IFRS 9, IFRS 15 and IFRS 16 for both Income Tax (IT) purposes…
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Posted in EMPLOYMENT PRACTICE, News, News for Cyprus, News for Greece
EMPLOYMENT WEBINAR | Covid-related restrictions for employment termination across Europe
The European Employment group hosted a Webinar to cover the Covid-related restrictions for employment terminations. Below you may find a summary of the event insights.
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Posted in News, News for Cyprus
Cyprus Tax News: Relief from interest and penalties on overdue taxes for tax years 2016 – 2019
We would like to inform you that an amending law was published in the Government Gazette which extends the provisions of the Law Regulating the Settlement of Overdue Taxes (the Law), offering part relief…
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Posted in News, News for Cyprus
Cyprus offers up to 30% tonnage tax cut with new Green Incentive Programme
The Deputy Ministry of Shipping of Cyprus recently announced a new ‘Green Incentive Programme’ to reimburse vessels that show effective emissions reductions. From fiscal year 2021, annual tonnage tax
