-
Posted in News, News for Cyprus
Cyprus Tax News: No obligation for individuals with gross annual income below €19.500 to submit a personal tax return
We would like to inform you that on 23 September 2022, a Decree (No. 373/2022) was issued in the Official Gazette which exempts individuals with gross annual income below €19.500, from the …
-
Posted in EMPLOYMENT PRACTICE, News, News for Greece
Employment Event: Facing Global Economic Crisis and Inflation – Impact on Employment Relations in Europe
Andersen´s Employment group in Europe has organized a hybrid event covering different strategies to face the current economic challenges with minimum impact for multinational companies.
-
Posted in CORPORATE & COMMERCIAL PRACTICE, News, News for Greece
Extension of Deadlines for the Convening of the Ordinary General Meetings of Legal Persons for the year 2022
Article 21 of the new Law 4965/2022 extends by fifty (50) calendar days the deadlines for the convening of the ordinary general meetings of Société Anonymes (S.A.), private limited companies (P.C.), and limited liability companies (L.L.C.) for the fiscal year 2022.
-
Posted in EMPLOYMENT PRACTICE, News, News for Greece
Violence and harassment at work: Categories of fines
A new decision of the Minister of Labour and Social Affairs sets out the fines imposed on the employer for violation of the principle of prohibition of violence and harassment in the workplace. The fines can be divided into two (2) broader categories,…
-
Posted in EMPLOYMENT PRACTICE, News, News for Cyprus, News for Greece
Employment Event, September 15th: Facing Global Economic Challenges and Inflation
The world is facing major challenges. First, the pandemic paralyzed large parts of the economy, which many states and employers in Europe coped with at great cost and effort. Just as the states were reducing the pandemic-related restrictions, the economy was returning to its growth path …
-
Posted in BANKING FINANCE & CAPITAL MARKETS, News, News for Greece
Cryptocurrencies in Greece- Q&A
Crypto-assets have attracted the interest of investors on a global scale, including Greece. Is there a legislative framework to regulate the cryptocurrency market in Greece? Which body regulates crypto- assets and related services in Greece? What will the European Parliament’s proposal for a Regulation (MiCa) contribute to the crypto-assets markets?
-
Posted in News, News for Cyprus
Cyprus Tax News: Tax Exemptions for Employment Income to Attract Foreign Talent
An amending law was voted in the context of the Government’s strategy to attract and retain foreign talent to Cyprus. The below existing exemptions will cease to be available for employments commencing after 26 July 2022:
-
Posted in News, News for Cyprus
Cyprus Tax News: Extension of the deadline for the submission of 2021 Personal Income Tax returns
We would like to inform you that a Decree (No.315/2022) was issued which extends the deadline for the electronic submission of the 2021 Personal Income Tax returns (TD1) up to 31 August 2022 as well as for the payment of the final tax due.
-
Εuropean Corporate Insights Magazine: Doing Business in Uncertain Times
In this publication we address “Doing Business in uncertain times” as one of the topics that have special interest for companies with multinational activities, and especially those doing business in Europe.
-
Posted in News, News for Cyprus
Cyprus Tax News: Increased Tax Deduction for Research and Development Expenses
In an effort to attract new investments and businesses in Cyprus, an enhanced tax deduction for Research & Development (R&D) expenses was incorporated into Article 9(1)(d) of the Cyprus Income Tax law (ITL). The most significant change of the amending law is as follows:
