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Posted in News, News for Cyprus
Cyprus News: Withholding obligations on rental payments amended
As of 9 June 2023, every person who has the obligation to withhold special contribution for defence from rental payments should pay in 2 instalments, by the 30th of June and by the 31st of December of each year, the relevant amount withheld.
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Posted in News, News for Cyprus
Cyprus News: New Employment Tax Exemption Amended
The House of Representatives recently voted on amendments in connection to the 50% exemption from income tax on the employment related remuneration subject to conditions. The amendments have retroactive effect as from 1 January 2022 and are listed below…
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M&A and PE Market Trends Europe: 1st Semester
Target M&A hit a 10-year low, dropping by 49% compared to 2022 levels. After a challenging start, the upcoming quarters are projected to witness a surge in the volume and number of deals globally, surpassing 2022 figures. Industrials and technology sectors are on the rise, becoming hotspots for mergers and acquisitions.
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A guide to enforcing foreign court judgments across various Jurisdictions – Newsletter | July 2023 Edition
The ultimate purpose of any litigation or alternative dispute resolution procedure is obtaining an enforceable decision (award). Based on this premise, our chosen topic covers the most common issues typically arising in the course of enforcing domestic judicial decisions in other jurisdictions.
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Posted in News, News for Cyprus, News for Greece
The Andersen Legal Briefing: Volume 3 – The Metaverse Issue
The third issue of the Andersen Legal Magazine, “The Andersen Legal Briefing” is now available online. The Metaverse and AI issue. Our team of experts provides insightful analysis and commentary on the legal challenges and opportunities that arise in the metaverse…
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Posted in News, News for Cyprus
Cyprus Tax News: Primary Residence – VAT update
An amendment to Cyprus VAT Law provides the new legislative framework for 5% Value Added Tax (VAT) rate on the acquisition and/or construction of a primary residence in Cyprus.
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Posted in News, News for Cyprus, News for Greece
Webinar: June 27, 2023: Electronic Invoicing – Revolutionizing Business Transactions
Join us! Webinar: Navigating VAT reforms and e-invoicing challenges
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Posted in General Data Protection Regulation (GDPR), News, News for Cyprus, News for Greece, TELECOMMUNICATIONS, MEDIA & TECHNOLOGY (TMT) PRACTICE
GDPR: 25th May 2023 – Where we stand 5 years later
GDPR Turns 5: Celebrating Half a Decade of Data Protection and Privacy Revolution! Today marks a significant milestone as we celebrate the 5th anniversary of the General Data Protection Regulation (GDPR). As a legal firm specializing in data protection and privacy, we are thrilled to join in celebrating this groundbreaking legislation that has…
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Posted in News, News for Cyprus
Zero-Rated Value-Added Tax (VAT) on certain consumer goods
An amendment to the Cyprus VAT Law imposes a zero (0%) VAT rate up to 31 October 2023 for the below goods: bread, milk, eggs, baby foods, baby diapers, feminine hygiene products, adult diaper.
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Europe M&A Trends – Q1
Keep up-to-date with the latest trends and analysis with our industry experts. Recent data indicates a predicted slight increase in announced volume in Q2 2023, with a significant quarter-over-quarter increase of around 10%.
