Extension of Vat Payment Firstly, according to the announcement of the Ministry of Finance dated 22/07/2021. Also, all companies that face liquidity problems due to the Covid-19 pandemic. Further, the extension of VAT payment is extended for another three (3) tax periods. Specifically, the payments that had to be made on 10/05, 10/06 and 10/07 […]
Tax Return of Individuals 2020 – Submission G. KOUZALIS LLC informs you that based on the latest announcement of the Ministry of Finance dated 23/07/2021. Also, the submission of the Tax Return of Individuals for the year 2020 has begun. Pursuant to the Decree of the Council of Ministers (KDP288 / 2021), all Employees, Pensioners […]
EHIC Card – How can I obtain when I am a permanent resident in Cyprus? It is very important to know “How can I obtain an EHIC Card when I am a permanent resident in Cyprus?” Permanent residents living in Cyprus who are registered with GESY can apply to their local citizen’s center for an […]
International business venture with ‘United Advocates’ G. Kouzalis LLC announces We are delighted to announce our official collaboration with our esteemed associate Mr. Walid Jumaa of ‘United Advocates’ in Dubai. Our office has known, worked alongside and in partnership with Mr. Jumaa for many years. Also, we felt that now was the time to expand […]
Bank waiver – How to obtain? A bank waiver will obtain when a developer has a debt. That before you invest on his project and or he is unable to pay the debts to a creditor (bank). Is require to request from the institution to issue. That in accordance to which the banking institution will […]
Actionable rights in Cyprus – Limitation Preamble The purpose of limitation period of actionable rights is to serve as a defense from claims. Also, actionable rights of which should have been brought in court earlier. The need for such defense is based on two considerations: 1) The presumption that a right not excercised for a […]
The recruitment procedure of employee is important because the larger the number of candidates, the more selective the employer can be. The process followed by companies to locate and attract suitable people (both from the companies themselves and mainly outside them) with the end result of filling vacancies. Main scope of the procedure are: 1) […]
Based on the updated instructions issued by the Ministry of Health regarding the vaccinated passengers traveling to Cyprus and mainly upon their arrival on the European Island from May 10th, 2021, and onwards, the following will apply: All passengers regardless of departure country, who hold a valid SARS-CoV-2 (Covid-19) vaccination certificate from EU Member States, […]
Greek Orthodox Easter, or Pascha, is the most important religious feast of the year, with customs and traditions that have been part of Christianity for two thousand years. The 40-day period of Lent before Easter (Πάσχα-Pascha), the solemnity of Holy Week, the rich symbolism, and the unique traditions of Orthodox Easter make it very different […]
How do I sign a power of attorney? Many times we are asked ‘how do I sign a power of attorney?’ It is very important to sign your power of attorney correctly and to ensure it is certified so that it can be valid in Cyprus. We have prepared the below instructions on how to […]