Cyprus being one of the most reputable tax efficient jurisdictions in the European Union, gave the initiative for the creation of a specialised tax planning department in Nicosia with a strong presence in Athens. The firm has advised individuals and corporations on international tax planning and has an extensive network of high standard affiliates in most reputable low tax jurisdictions, like Malta, Luxembourg, Ireland, United Kingdom, as well as offshore jurisdictions.
Members of our team engage regularly with our clients’ advisors from all disciplines and fields to seek optimal tailor made solutions which would result in an unhindered environment to achieve business growth.
Our firm offers advice on estate administration matters, including probate and re-sealing, undertakes the drafting and execution of wills and regularly advises on matters of succession.
Payments, Deductions, Payroll, Record Keeping, Penalties. Important provisions on the protection of employees’ wages in accordance with the Protection of Wages Law 35(I)/2007, as amended (the “Protection of Wages Law”): Payments: As a rule, employers must pay employees’ salaries as follows: Cash payments are allowed only in exceptional cases explicitly outlined in the Protection of […]
Yesterday 30 November 2023, the Plenary of the House of Representatives approved the extension of the Debt Restructuring provisions until the 31st December 2024. The Debt Restructuring provisions allow for various tax reliefs and incentives in respect of transactions involving transfer of immovable properties by debtors to lenders, reflected in seven different laws. The context […]
A proposal for a new law regulating the working conditions on Telework in the private sector has been approved by the Plenary of the House of Representatives last Thursday, 16 November 2023. Despite the developments that have taken place in recent years at national level in relation to telework and its gradual implementation by companies, […]