The Department of the Registrar of Companies and Intellectual Property (TEEDI), informs that on 06/12/2024, the Prevention and Combating of Money Laundering (Amendment) (No. 2) Law of 2024 was published with number L.141(I)/2024. The main changes are the following: Extension and Withdrawal of Financial Charges The House of Representatives, decided to grant an additional extension of the […]
In December 2024, the Minister of Labour issued a Decree (ΚΔΠ 455/2024) under Section 11(6) of the Transparent and Predictable Employment Terms Law. According to this Decree, all employers are required to submit the essential terms of employment for all their employees. The submission must be completed no later than 28th February 2025 via the Ergani portal. Essential […]
The Tax Department has announced that during the first six months of 2025, the Employers’ Tax Return will transition to the Tax For All (TFA) System. The announcement highlights the changes in the submission process and highlights the requirement for monthly submissions. Things to note: Until the TFA System is operational: Following the launch of TFA […]
On 15 December 2020, an amending law was published in the Gazette with respect to Article 8(21) of the Income Tax Legislation. The purpose of the amendment is to expand the existing framework of attracting employees from abroad The basis of this Article is that the lower of €8.550 and 20% of the remuneration from […]