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VAT UPDATE Payment of VAT in instalments
Following the enactment of N5(1)/2021 amending the Cyprus VAT Law which was announced on 9/1/2021, the Tax Department issued a notice providing clarifications
Tax update DAC6: Extension of the reporting deadlines
We would like to inform you that the Cyprus Tax Department announced on 03 February 2021, that the EU Directive regarding DAC6 is expected to be incorporated
Quantitative risk IFRS 9 in the context of COVID-19 pandemic
Following the uncertainty arising from the current economic shock, prudential and securities regulators have published guidelines for the application of IFRS 9
Compliance and development The implementation of the EU Directive and the Disclosure of Companies’ Beneficiaries
As per the requirements of the EU Directive 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial
VAT update BREXIT movement of goods
On January 7th 2021, the Tax Department issued clarification announcements in relation to the exit of the United Kingdom (UK) from the EU.
VAT UPDATE Hotel, catering and passenger transport services from 11 January 2021
The Tax Department has issued a notice reminding that in accordance with Regulation ΚΔΠ 268/2020 the reduction from 9% to 5% of the VAT rate which applies to
Tax Update Extended deadline for the CbCR filings
We would like to inform you that in accordance with an announcement issued by the Cyprus Tax Department on 15 December 2020, the following filing deadlines are
Digital risk ISO 27001
ISO/IEC 27001:2013 is a globally recognised information security standard.
Digital risk What is a Virtual Data Protection Officer?
The DPO’s role is to ensure compliance with the data protection laws that apply to the organisation, and it carries many responsibilities.
RISK AND GOVERNANCE Good governance precedes a healthy recovery
Risk management and governance are essential enablers of growth. Like the brakes of an F1 car, they are the controls that allow you to accelerate safely.
TECHNOLOGY AND DIGITAL Technology can accelerate a more resilient future for businesses
Technology moved from a growth enabler to a business continuity factor in lockdown. As businesses readjust for the future, it needs to do both.
Digital risk As easy as SOC 1, 2, 3
As a service organisation there are many ways to provide assurance to your customers and in turn other stakeholders over your control environment. One of the

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