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Posted in News, News for Cyprus
Cyprus Tax News: Tax Portal is now live
The Cyprus Tax Department launched the Tax Portal, putting an end to tax payments at local District Offices as from 1st September 2020.
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Posted in News, News for Cyprus
Cyprus Tax News: VAT on hospitality and transport temporarily reduced to 5%
As part of its efforts to boost the coronavirus-stricken economy, the Cyprus government has temporarily reduced the VAT rate that applies to certain services in the tourism, restaurants, and transport industries from 9% to 5%.
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Posted in News, News for Greece
New suspension in the operation of the Central Registry of Ultimate Beneficial Owners
By a joint decision of the Deputy Minister of Finance Mr. George Zavvos and the Minister of State and Digital Government Mr. Kyriakos Pierrakakis, the suspension of the operation of the information system
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Posted in News, News for Cyprus
Cyprus Tax News: Amendments to the NID provisions of the Income Tax Law
The revised NID provisions enhance the tax benefits for Cyprus companies financing their operations through new equity, are in line with the recommendations of the European Commission, and offer additional clarity for taxpayers.
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Posted in News, News for Greece
Tourism, health protocols & GDPR
The article highlights the need to implement the regulatory framework for the protection of personal data in the field of tourism. In addition, it focuses on the specific obligations regarding the protection of personal data arising for tourism businesses.
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Posted in News, News for Cyprus
Cyprus Covid -19: Economy support measures
Support Package (May 2020), Announced by the Republic of Cyprus…
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Posted in News, News for Cyprus
Cyprus Tax News: Tax Update Extended Deadlines
In accordance with a Decree issued on 5 June 2020, the following deadlines are extended to 30 October 2020…
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Posted in News, News for Greece
Μechanism “SYN-ERGASIA” & Act 4690/2020
Law 4690/2020 (Gov. Gazette 104/A’/30.05.2020) has been published, and between the various measures provided for, a new mechanism to subsidise employment is available for the period from 15.06.2020 to 15.10.2020 called “SYN-ERGASIA”.
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Posted in News, News for Cyprus
Cyprus Covid – 19: Additional Economic Measures for small and medium enterprises
On the 27 May 2020, the President of Cyprus, Mr. Nicos Anastasiades, addressing the people of Cyprus, announced additional economic measures aimed at assisting and support small and medium sized businesses totaling €1.2 billion.
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Posted in News, News for Cyprus
Cyprus Covid – 19: Updates on Support Schemes
On the 22 May 2020, the Cypriot House of Representatives voted two important government bills into law within the framework of the plans to support the Cypriot economy. Specifically, the new laws in place concern..
