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Company decisions that require approval by the Chamber departments

The amendment of statutes of all limited companies. The dissolution of limited companies following a shareholders’ General Meeting decision. The revival of a liquidated company or deleted by the General Registry (GEMH) The revival of a limited company in a ‘liquidation and dissolution’ status. The changes of any kind in the structure of a limited

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Salary certificates

The beholden of submitting provisional tax statement from paid employment who have submitted monthly certificates with detailed records are exempt from submitting an annual salary certificate. On the contrary, certificates of income from businesses, interests and dividends must be submitted, despite the submission of monthly certificates during 2019.

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Tax treatment of untaxed goodwill reserves from sale and lease back of properties

In cases businesses change their legal form based on clauses of development laws and in the case of sub-leasing of a property that has been leased to a third party, then the issue of taxing the untaxed reserves earned from the sale and the lease back rises. The MoF has announced with a recent clarification

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Extension of extra-judicial mechanism for settling business debts

The existing framework for extrajudicial debt settlement for businesses, partnerships and freelancers is being extended until April 30, 2020. This four-month extension offers more debtors the chance to settle their debts, as well as people who have already visited the relevant platform, but not submitted their application, to complete the preparation process within the granted

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Participation of John Kleopas at the Alliott Group Israel conference held in Athens

On December 27-30, 2019, the annual Alliott Group Israel’s conference was held in Athens Marriott Hotel, to which John Kleopas was invited to participate as a lecturer. On 27 December, the first day of the conference, Kleopas Alliott hosted a refreshing cocktail reception for all the conference participants at its premises, in order to welcome

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Kleopas Payroll Services SA receives Performance Excellence Award from ADP

Kleopas Payroll Services Ltd SA has been honoured with a distinction at the Partner Awards Ceremony, held by ADP at its Annual Conference, organised in Vienna, on November 7, 2019. ADP is an integrated global provider of cloud-based human capital management solutions (HCM) that combines HR, payroll, tax and benefits administration services and is a

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