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Posted in News, News for Cyprus, News for Greece
Technological advancements and their Impact on the Practice of Law
Over the past several years, technology has had a significant impact on the practice of law. Several technological innovations have come out recently that are changing the legal profession on significant basis.
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Posted in News, News for Cyprus
Cyprus signed a new tax treaty with Egypt
On 8 October 2019, Cyprus signed a new tax treaty with Egypt.
The treaty is going to replace the existing tax treaty between the two countries that has been in effect since 1996. -
Posted in News, News for Cyprus
Cyprus: New administrative penalties for late filings to the Registrar of Companies
Following recent amendments to the Cyprus Companies Law, Cap. 113 (“the Law”), the Registrar of Companies will impose administrative penalties on certain filings submitted after the prescribed timeframes as provided by the Law. The imposition of the administrative penalties will be effective from 18 December 2019.
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Posted in News, News for Cyprus
Cyprus companies: Methods of dissolving a Cyprus company
Often, the question arises how a company can be ‘killed off’. In common law jurisdictions, there are two main methods: strike – off and liquidation.
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Posted in News, News for Cyprus
Transfer Pricing required in 2018 Corporate Income Tax Declaration
The Cyprus Tax Department has issued the 2018 Corporate Income Tax Declaration, which requires to confirm whether a Transfer Pricing study for intra-group financing arrangements has been prepared.
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Posted in News, News for Cyprus
Cyprus: VAT on building land reduced to 5%
The Cyprus Council of Ministers decided earlier this month to reduce the VAT rate on building land from 19% to 5% in the form of a refund, under certain conditions.
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Posted in News, News for Cyprus
Reduction of SDC rate
Reduction of SDC rate applicable on interest income received by Cyprus tax resident domiciled individuals from corporate bonds
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Posted in News, News for Cyprus, News for Greece
Article: No restrictions in the provision of Airbnb services in the E.U.
Following a complaint from French AhTop Association, which represents 30,000 hotels and syndicates, against Airbnb Ireland, the Advocate General of the Court of Justice of the European Union (CJEU), Mr Maciej Szpunar, in his Opinion of Tuesday 30 April (Case C-390/18)…
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Posted in News, News for Cyprus, News for Greece
Article: How Blockchain is changing the transcations
Blockchain adoption is growing, but how many of us really understand its technology disruptive potential? Is it just a “glorified database” (as Dr. Roubini claims) or a revolution that will reshape transactions and the financial sector as we know it?
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Posted in News, News for Cyprus
Cyprus implements EU’s Anti-Tax Avoidance Directive
The Cyprus House of Representatives voted into law on 5 April 2019 the provisions of the EU Directive for the adoption of rules against tax avoidance practices.
