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Posted in 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 …
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Posted in 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?
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Posted in News, News for Cyprus, News for Greece
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.
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Posted in News, News for Cyprus
Cyprus Tax News: Introduction of New Transfer Pricing Documentation Requirements
On 30 June 2022, Cyprus’s parliament enacted for the first-time detailed transfer pricing legislation and incorporated the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (OECD TP Guidelines) into the Cypriot Income Tax Law of 2002.
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Posted in News, News for Greece
New Greek Development Law 4887/2022: Extension of financial leasing to private individuals
The new Greek Development Law 4887/2022 was published on 4/2/2022, the purpose of which is to promote the economic development of the country by granting incentives to specific activities and sectors, in order to achieve the digital and technological transformation of businesses, the green transition…
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Posted in News, News for Greece
New Law 4935/2022: Significant incentives for collaborations and corporate restructurings
The Law 4935/2022 entitled “Incentives for business development through partnerships and corporate transformations and other provisions” was published in Government Gazette 103/A/26-5-2022. The purpose of the legislative initiative is to provide significant and innovative incentives for the creation of economies of scale through…
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Posted in News, News for Greece
Tax Incentives for Foreign Residents
Recently, the Minister of Finance, Christos Staikouras, issued a press release regarding “Tax incentives to attract foreign tax residents and investments in Greece”. As stated therein, “A great deal of interest from investors, foreign retirees and workers has been generated by the comprehensive legislative framework…
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Posted in News, News for Greece
Manchise Agreements: An alternative contractual model of managing a hotel
In an ever-changing market, manchise agreements present an alternative business model fit for hotel owners looking for more flexibility in terms of control over their investment, without losing the benefits that the use of a well-established brand may offer.
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Posted in News, News for Greece
New institutional framework for Shipping Companies of Pleasure Boats
On 20 April 2022, Law 4926/2022 was published, the second part of which concerns the institutional framework of Shipping Companies of Pleasure Boats. Specifically, Articles 23-67 and 70-71 reformed the institutional framework of the aforementioned companies…
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Posted in News, News for Cyprus, News for Greece
GDPR Flash News: Fine on the Hellenic Fire Brigade for GDPR violations & employee monitoring
The Hellenic Data Protection Authority imposed a fine of 35.000 Euros on the Hellenic Fire Brigade for violating the GDPR principles of lawfulness, transparency, security of the processing and non-satisfaction of an employee’s right of access.
