Marilia Paraschou

Advocate, Director

Filing of Sales / Donations / Mortgage Declarations December 2020

The Department of Lands and Surveys announced that due to new COVID-19 virus and the very serious epidemiological picture in Cyprus, all requests and applications for Sales / Donations / Mortgage Declarations that are pending to the District Land Registry Offices from 11th of December 2020 will be process until the end of the year.

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New Exit Tax Rules in Germany: Implementation of the Anti-Tax Avoidance Directive

The German Federal Ministry of Finance has recently published a draft bill implementing the Anti-Tax Avoidance Directive (ATAD) into German law (source: Mondaq, https://www.mondaq.com/germany/tax-authorities/884466/drastic-tightening-of-exit-tax-planned-draft-of-atad-implementation-act). Under the current regime, a German resident taxpayer is subject to exit tax in case he moves to a non EU/EEA country.  However, if he moves to a EU/EEA country and

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New Business Activation Procedure Announced in Cyprus

Further details and the exact requirements of the much-anticipated Fast-Track Business Activation mechanism have now been announced by the Cyprus Government.  The introduction of a New Fast-Track Business Activation Mechanism was first announced in early September. This new mechanism is now coming into force and aims to facilitate businesses to set up and relocate their

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