Revenue recognition in non-profit organizations is often underestimated in terms of complexity. In practice, it is one of the areas most frequently challenged during…
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There is substantial empirical evidence that the global system of trade is fragmenting. The bigger question is how far the…
Running a private hospital is complex by nature, and that complexity inevitably finds its way into the financial statements. For…
What we care for, we protect. Earth Day is far more than a symbolic occasion. It is a practical opportunity…
The EU Pay Transparency Directive: What is it and who does it apply to? The Directive mandates that all EU…
This insight was co written by Tomasz Piasecki and Maisie Williams. Recent developments include the UK Sustainability Reporting Standards (UK SRS) and…
The fiduciary services industry in Cyprus has entered a new regulatory and operating environment following the enactment of the long‑anticipated…
Several countries have either banned, or are moving towards banning, access to certain generally available apps amongst under 16s. This…
The construction sector in Cyprus is navigating a rapidly evolving tax and VAT landscape in 2026. The Cyprus tax reform…
Digital transformation has become a defining force in the software development industry. While software companies have always operated in the…
The tax authorities have announced that the filing deadline for both the qualifying domestic minimum top-up tax and the top-up…
Baker Tilly International has announced record global revenues of US$6.8bn for the year ended 31 December 2025, up 21.3% on…
While the immediate threat that a disruption in the Strait of Hormuz poses to the global oil trade is readily…
Rakesh Shaunak, CEO at MHA comments on the audit industry’s next big test – AI-enhanced deception in an article originally…
Insight written by Ben Hobby, Principal, Brian Nichols, Principal, Bernard Regan, Principal and Christopher J. Tait, Principal From Baker Tilly…
After years of working alongside healthcare providers and medical groups, one reality stands out, IFRS 9 is rarely as straightforward…
Notional Interest Deduction Rates 2026
Tax Flash Cyprus Tax Department Extension of Deadline without Penalt
The landscape of cyber security has fundamentally shifted, moving from a niche IT concern to a systemic risk that demands…
By Anestis Dimopoulos, Director, Head of Digital & Risk Advisory Services, Baker Tilly South East Europe At a time where…
Since mid-February, the outbreak of foot-and-mouth disease has posed a significant economic challenge to Cyprus’s livestock and agricultural sector, as well as to…
Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. The European Central Bank’s decision to…
On 12 December 2025, EU Member States reached agreement on a major reform of the EU’s customs treatment of e-commerce…
Baker Tilly South East Europe is sharing the 2025 Energy, Renewables, and Industrials (ENRI) in South-Eastern Europe. This report provides…
Global technology, media and telecommunications (TMT) dealmaking is entering a new phase – one defined less by volume and more…
Craig McSherry, Partner at MHA, the UK member firm of the global Baker Tilly accountancy and consulting network discusses the…
Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. Inflation in the Euro Area rose…
The Supreme Court of the United States (SCOTUS) announced on February 20, 2026, that President Trump does not have authority…
ATA Carnets are entering a new digital era. With eCarnets being rolled out globally from 2026, businesses need to understand…
Date: Thursday 26th February Time: 11:00am – 12:00pm Due to the recent ruling from the Supreme Court, we would like…
Further to the recent amendments to the Assessment and Collection of Taxes Law, introduced in the context of the Cyprus…
Baker Tilly South East Europe held an official event at the Hotel Grande Bretagne in Athens to celebrate…
According to Climate Action Tracker, under current policies, global warming is projected to fall woefully short of the Paris Agreement…
Dear Partners, We would like to inform you that e-EFKA Circular No. 5/2026 has been published, providing for an adjustment…
Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. Eurozone inflation has reached joint-lowest point…
Baker Tilly South East Europe Celebrates Merger with MHA and 30 Years of Excellence Baker Tilly South East Europe held…
Savvas Klitou, Regional Managing Partner and Head of Tax Services at Baker Tilly, analyses the weaknesses exposed by recent crises,…
Major Withholding Tax Reductions Effective from 2026 January 2026 Romania and the United Kingdom have entered into force a…
When the European Green Deal was launched in December 2019, it set the tone for the EU to be a…
On 5 January 2026, the OECD/G20 Inclusive Framework (147 jurisdictions) agreed a way forward on Pillar Two and published the…
Inflation across the eurozone eased to 2% in December, edging down from November’s 2.1% pace and landing on the European…
The Cyprus Tax Reform is here — and it’s reshaping the way businesses plan, invest, and grow. Are you ready…
For financial reporting periods beginning on or after 1 January 2027, entities must apply the requirements of IFRS 18 “Presentation…
MHA plc is pleased to announce that the firm has entered into an agreement to acquire Moore Stephens LLC, an…
The European Central Bank’s decision to keep interest rates unchanged at 2% at its final meeting of the year signals…
Estonia’s Ministry of Finance has said it did not agree (under an OECD Inclusive Framework “silent procedure”) to the proposed…
Introduction We would like to remind you of the deemed dividend distribution (DDD) provisions of the Special Contribution for the…
Law no. 239/2025, published in the Official Journal no. 1160/15.12.2025, part of the “Package 2” of fiscal‑budgetary reforms, introduces major…
Despite global uncertainty and geopolitical shifts, South East Europe’s merger and acquisition (M&A) landscape is shaping up to remain solid,…
Baker Tilly South East Europe is pleased to announce the appointment of Marios Tsiakkis as a Non-Executive Director to the…
Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. Eurozone inflation edged up to 2.2% in…
On 4th of June 2025, the European Commission announced that Bulgaria is ready to adopt the euro. The announcement follows…
Since January 2024, the European Union’s (EU) Emissions Trading System (ETS) has included maritime transport. What does that mean? According…
What can the EU energy sector do to meet it obligations and aspirations, what role can they play, and how…
E-invoicing – Why it’s a critical consideration for multi-national businesses E-invoicing is fast approaching implementation in the EU as part…
To meet GHG reduction levels, the number of flights globally will need to be significantly reduced. There are a number…
Automotive On Thursday 8th May, 2025 the European Parliament adopted a targeted change to CO2 emissions performance standards for new…
Baker Tilly Cyprus announces the firm’s appointment as the statutory auditor of AstroBank Public Company Limited. This appointment underscores Baker…
Navigating the fast-changing world of e-invoicing regulations just got easier! We’re excited to announce the launch of our interactive E-Invoicing…
Baker Tilly South East Europe has announced the completion of its merger with MHA, a firm listed on the London…
MHA has today completed the acquisition of Baker Tilly South-East Europe (BTSEE) in a deal valued at €24 million. MHA…
Following recent amendments to the Aliens and Immigration Law, the Cyprus Migration Department has announced that the Blue Card scheme…
We are proud to announce that Savvas M. Klitou, Regional Managing Partner & Head of Tax Services at Baker Tilly…
Under the Corporate Sustainability Reporting Directive (CSRD), listed companies with more than 500 employees are required to report on their…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of auditors and accountants, tax consultants and business…
While the EU’s Omnibus proposal aims to reduce the number of companies within the scope of the Corporate Sustainability Reporting…
Baker Tilly South East Europe had the honour of hosting this year’s Europe Conference, which took place in Athens from…
Regional group to join forces with Baker Tilly International UK member firm Baker Tilly South East Europe (BTSEE), a leading…
On 10th of April 2025, the House of Representatives passed amendments to the Income Tax Law and the Special Defence…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek…
Career Opportunity On behalf of a client, an established organization in Cyprus offering training and development schemes, we invite applications…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek…
Career Opportunity On behalf of Solaar Hospitality currently operating Mercure Larnaca Beach hotel and its newest addition Mercure City Hotel,…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek…
Career Opportunity On behalf of a client, a diversified group of companies, we seek to recruit a Junior Accountant for…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
About Baker Tilly Baker Tilly South East Europe is a leading firm of Auditors, Accountants, Tax Consultants and Business Advisors,…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
About Baker Tilly: Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors,…
The Economic and Financial Affairs Council (ECOFIN) adopted the proposal ‘VAT in the Digital Age’ last year. These new rules…
The Omnibus package was proposed by the European Commission with the aim of simplifying ESG rules and making EU businesses…
On the 26th February, the EU Commission announced its ‘Omnibus’ package, confirming the simplifications to the Carbon Border Adjustment Mechanism…
CHANGES TO THE LEGISLATION On 6 December 2024, the Prevention and Combating of Money Laundering (Amendment) (No. 2) Law of…
Many argue that the European Union (EU) is shifting its environmental policy focus from biodiversity protection to prioritizing climate change…
“Think due diligence guarantees a risk-free deal? Or that it is simply about crunching numbers? Think again – there is…
Extension-to-the-submission-of-the-Income-Tax-Return-for-2023
On 26th of February 2025, the Economics Research Center of the University of Cyprus, presented its proposal regarding the envisaged…
A double materiality assessment (DMA) is the cornerstone for determining a company’s ESG strategy and it is one of the…
Baker Tilly Cyprus Tax Guide 2025 At Baker Tilly Cyprus, we understand the importance of staying informed about the ever-evolving…
We would like to remind you of the deemed dividend distribution (DDD) provisions of the Special Contribution for the Defence…
VAT rules for certain ‘virtual services’ in the EU are about to change. This will affect services such as live-streamed…
On 5 November 2024, ECOFIN (the European Council on Economic and Financial Affairs) adopted the proposal ‘VAT in the Digital…
ESG encompasses almost all areas of a company’s business: from its operations to its environmental practices and employee policies, to…
Corporate Social Reporting Directive On 5 January 2023, the Corporate Sustainability Reporting Directive (CSRD) has entered into force and is…
Real people, Real stories – A Baker Tilly podcast
With State Gazette № 25 form 22.03.2024 changes concerning the Ordinance on keeping, storing and accessing the Commercial register were…
Απο τα πρώτα χρόνια των δραστηριοτήτων της υπό τη διεύθυνση του Μάριου Κλείτου, η επιχείρηση κατάφερε να προσελκύσει στην Κύπρο…
Three important EU laws that we should look out for in 2024 Article by: Constantinos Michael, Director – Legal Services…
Under State Gazette № 27 issued on 29.03.2024 changes relating to remote working location, conditions and procedures for implementation were adopted as follows: Place…
Do you want to work for an employer who really listens to your ideas and provides a framework where you…
On October 3rd, 2023, we were honoured to host our inaugural Baker Tilly Digital Day 2023, at the Athens Marriott…