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News

ECB set to raise interest rates — have policymakers learnt from their mistakes?

June 12, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News

OECD Publishes Common Understanding on GIR Filing Relief, Clarifies UTPR Safe Harbour

June 10, 2026

The OECD has released a common understanding agreed by jurisdictions that implemented the…

News

Rise in Eurozone inflation puts interest rate hike on the cards

June 3, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News

Belgium extends filing deadline for qualifying domestic minimum top-up tax & top-up tax under Income Inclusion Rule

June 3, 2026

The tax authorities in Belgium have announced that the filing deadline for both…

News

Innovation in the Maritime Industry through Start-ups

June 3, 2026

Incorporating a so-called start-up entity does not necessarily mean that the company operates…

News

Cyprus hospitality: Navigating regional uncertainties

May 29, 2026

The latest CYSTAT figures show tourist arrivals for the year 2026 up to…

News

Why Audit Outcomes Are Shaped Before the Audit Starts

May 21, 2026

An efficient audit does not start when the audit team arrives. It starts…

News

FD briefing: The financial reporting impact of global economic shocks

May 21, 2026

How world events are flowing into financial statements Geopolitical developments, trade policy shifts…

News

The Importance of Quality Accounting Services and Expertise in Today’s Business Reality

May 18, 2026

In today’s rapidly evolving business environment, companies face an increasing range of challenges—from…

News

Transfer Pricing in Cyprus: When Local Comparables Do Not Exist

May 14, 2026

Transfer pricing rules are built around a simple principle: transactions between related parties…

News

Tax Refresher – Issue 35

May 13, 2026

We are pleased to bring you Issue 35 of Tax Refresher, our bi-monthly…

Uncategorized

Cyprus Professional Services at an Inflection Point: Why Specialisation and Collaboration Are No Longer Optional

May 8, 2026

For decades, the professional services sector has been one of the defining pillars…

News

Succession planning Cyprus

May 6, 2026

Succession planning in Cyprus was always a hot topic, especially in recent years.…

News

Public Country-by-Country Reporting (CbCR): An Overview for Multinational Groups

May 5, 2026

Public Country-by-Country Reporting (CbCR) is an EU-led initiative designed to increase tax transparency…

News

Public Report on Income Tax Information: Obligations for subsidiaries and branches of third-country Ultimate Parent Companies

May 5, 2026

The obligation to file a “Public Report on Income Tax Information” by Greek…

NewsUncategorized

Eurozone recovery under threat as inflation climbs again

May 5, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News

Eurozone holds interest rates as central banks across the globe wait and see

May 5, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News

Revenue Recognition for Non-Profit Entities: Navigating Complexity with Clarity

April 29, 2026

Revenue recognition in non-profit organizations is often underestimated in terms of complexity. In…

News

Inexorable change in world trade?

April 28, 2026

There is substantial empirical evidence that the global system of trade is fragmenting.…

News Preparing private hospitals for external audit

Preparing Private Hospitals for External Audits: Getting It Right Before Year-End

April 27, 2026

Running a private hospital is complex by nature, and that complexity inevitably finds…

News

Cyprus Expands Enforcement Powers: Tax Commissioner May Suspend Business Operations and Seal Premises

April 23, 2026

Tax Alert- April (002)

News Land and sea

Earth Day: Back to basics is basically a good idea

April 22, 2026

What we care for, we protect. Earth Day is far more than a…

News

Do you employ staff in the EU? EU Pay Transparency Directive

April 22, 2026

The EU Pay Transparency Directive: What is it and who does it apply…

News

ESG regulation continues to evolve at pace across the UK and globally

April 21, 2026

This insight was co written by Tomasz Piasecki and Maisie Williams. Recent developments…

News

The Future of the Fiduciary Industry in Cyprus

April 21, 2026

The fiduciary services industry in Cyprus has entered a new regulatory and operating…

News

Under 16 app bans – holding youngsters back or propelling them forward?

April 20, 2026

Several countries have either banned, or are moving towards banning, access to certain…

News

Navigating the Tax Reform and the VAT landscape in Cyprus’ Construction Sector

April 16, 2026

The construction sector in Cyprus is navigating a rapidly evolving tax and VAT…

Tax Alerts

Tax Alert Low-Tax Jurisdictions List for 2026 (Circular 1/2026)

April 15, 2026

Tax Alert- April

News

Digital Transformation in the Software Development Industry

April 8, 2026

Digital transformation has become a defining force in the software development industry. While…

News

Belgium Extends Filing Deadline for Qualifying Domestic Minimum Top-Up Tax and Top-Up Tax under Income Inclusion Rule

April 8, 2026

The tax authorities have announced that the filing deadline for both the qualifying…

News

Baker Tilly International announces record revenues of US$6.8bn

April 6, 2026

Baker Tilly International has announced record global revenues of US$6.8bn for the year…

News

Strait of Hormuz: The Epicenter of Global Oil Uncertainty

April 2, 2026

While the immediate threat that a disruption in the Strait of Hormuz poses…

News

AI-enhanced deception: The audit industry’s next big test

March 31, 2026

Rakesh Shaunak, CEO at MHA comments on the audit industry’s next big test…

News

AI and automation will drive new cyber insurance solutions for SMBs

March 31, 2026

Insight written by Ben Hobby, Principal, Brian Nichols, Principal, Bernard Regan, Principal and…

Uncategorized

IFRS 9 in Healthcare: Practical Challenges from the Front Line

March 30, 2026

After years of working alongside healthcare providers and medical groups, one reality stands…

NewsTax Alerts

Tax Flash – Notional Interest Deduction Rates 2026

March 27, 2026

Notional Interest Deduction Rates 2026

NewsTax Alerts

Cyprus Tax Department: Extension of Deadline without Penalties for 2023 Income Tax Returns & Transfer Pricing Summary Table

March 26, 2026

Tax Flash Cyprus Tax Department Extension of Deadline without Penalt

News

A boardroom imperative: leading the response to evolving cyber risk 

March 24, 2026

The landscape of cyber security has fundamentally shifted, moving from a niche IT…

News

National Cybersecurity Strategy 2026–2030: Greece’s Digital “Fortress” in the New Era

March 24, 2026

By Anestis Dimopoulos, Director, Head of Digital & Risk Advisory Services, Baker Tilly…

News

Foot-and-Mouth Disease in Cyprus: Economic Implications and Strategic Response for the Agribusiness Sector

March 19, 2026

Since mid-February, the outbreak of foot-and-mouth disease has posed a significant economic challenge…

News

ECB holds rates but the risk of further tightening undermines hopes for growth

March 19, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News EU ETS

Major EU Customs Update: €3 Duty on Low-Value E-Commerce Imports Starting July 2026

March 18, 2026

On 12 December 2025, EU Member States reached agreement on a major reform…

News

ENRI – 2025 Sector Overview Report

March 17, 2026

Baker Tilly South East Europe is sharing the 2025 Energy, Renewables, and Industrials…

News

TMT dealmaking gets bigger, bolder and more selective

March 13, 2026

Global technology, media and telecommunications (TMT) dealmaking is entering a new phase –…

Uncategorized

Strategic Safeguards and Risk Mitigation: The 2026 Supervisory Agenda for International Banks

March 13, 2026

Craig McSherry, Partner at MHA, the UK member firm of the global Baker…

News

Minds in Cyprus – The Brain Gain Initiative 25% exemption

March 10, 2026

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News

ECB to remain cautious as inflation rises and geopolitical instability threatens energy price volatility

March 3, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News EU ETS

Comment on Post-SCOTUS U.S. Tariff Measures and Impacts on UK & EU Trade Deals

March 3, 2026

The Supreme Court of the United States (SCOTUS) announced on February 20, 2026,…

News

Quick Guide: Cyprus – Transfer Pricing Requirements

February 27, 2026

 

News

From Paper to App: The Rise of eCarnets

February 26, 2026

ATA Carnets are entering a new digital era. With eCarnets being rolled out…

News

Global Trade and Customs Webinar: Expert Talk

February 25, 2026

Date: Thursday 26th February Time: 11:00am – 12:00pm Due to the recent ruling…

NewsTax Alerts

Tax Flash | Increased Penalties for Late Filing of Corporate Income Tax Return

February 20, 2026

Further to the recent amendments to the Assessment and Collection of Taxes Law,…

News

30 Years of Growth

February 17, 2026

    Baker Tilly South East Europe held an official event at the…

News

The nine boundaries of sustainability

February 16, 2026

According to Climate Action Tracker, under current policies, global warming is projected to…

Uncategorized

Protected: Greece Employee Card

February 16, 2026

This content is password-protected. To view it, please enter the password below.

Uncategorized

e-EFKA Circular No. 5/2026 for Greece

February 12, 2026

Dear Partners, We would like to inform you that e-EFKA Circular No. 5/2026…

News

Lack of demand means falling Eurozone inflation is not a cause for celebration

February 4, 2026

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory…

News

Baker Tilly South East Europe Celebrates Its Merger with MHA and 30 Years of Excellence

February 2, 2026

Baker Tilly South East Europe Celebrates Merger with MHA and 30 Years of…

NewsUncategorized

FROM RESILIENCE TO REAL TRANSFORMATION

January 28, 2026

Savvas Klitou, Regional Managing Partner and Head of Tax Services at Baker Tilly,…

News

Client Alert | Tax Update: New Romania – UK Tax Treaty

January 28, 2026

Major Withholding Tax Reductions Effective from 2026   January 2026 Romania and the…

News

The EU sustainability compliance and reporting rollbacks. Are they moving things forward?

January 20, 2026

When the European Green Deal was launched in December 2019, it set the…

News

Pillar Two: OECD Side-by-Side (SbS) Package

January 8, 2026

On 5 January 2026, the OECD/G20 Inclusive Framework (147 jurisdictions) agreed a way…

News

Eurozone inflation falls back to 2% target in December as prices remain under control

January 8, 2026

Inflation across the eurozone eased to 2% in December, edging down from November’s…

News

Navigating Change: Insights on Cyprus Tax Reform Webinar

December 31, 2025

The Cyprus Tax Reform is here — and it’s reshaping the way businesses…

News

IFRS 18: Your practical, structured guide for smooth transition and implementation

December 29, 2025

For financial reporting periods beginning on or after 1 January 2027, entities must…

News

MHA to Acquire Moore Stephens firms in UAE

December 29, 2025

MHA plc is pleased to announce that the firm has entered into an…

News

ECB Holds Rates Steady: Caution Dominates as 2026 approaches

December 23, 2025

The European Central Bank’s decision to keep interest rates unchanged at 2% at…

News

Estonia withholds support for OECD Pillar Two “side-by-side” package

December 22, 2025

Estonia’s Ministry of Finance has said it did not agree (under an OECD…

NewsTax Alerts

Deemed Dividend Distribution for the tax year 2023

December 19, 2025

Introduction We would like to remind you of the deemed dividend distribution (DDD)…

News

Measures from Package 2 – Essential Fiscal Changes for 2026

December 17, 2025

Law no. 239/2025, published in the Official Journal no. 1160/15.12.2025, part of the…

News

Transactions in South East Europe: A Stable Market Poised for Steady Growth in 2026

December 15, 2025

Despite global uncertainty and geopolitical shifts, South East Europe’s merger and acquisition (M&A)…

News

Baker Tilly South East Europe appoints Marios Tsiakkis as Non-Executive Director

December 10, 2025

Baker Tilly South East Europe is pleased to announce the appointment of Marios…

News

Eurozone inflation edges up but won’t worry the ECB

December 2, 2025

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm.…

News

Adoption of the Euro in Bulgaria

November 28, 2025

On 4th of June 2025, the European Commission announced that Bulgaria is ready…

News EU ETS

EU ETS and Shipping

November 26, 2025

Since January 2024, the European Union’s (EU) Emissions Trading System (ETS) has included…

News Meeting-EU-Energy-Obligations-and-Aspirations-The-Role-of-ESG-in-Business-Modelling

Meeting EU Energy Obligations and Aspirations The Role of ESG in Business Modelling

November 17, 2025

What can the EU energy sector do to meet it obligations and aspirations,…

News

E-Invoicing and VAT: What global businesses need to know

November 11, 2025

E-invoicing – Why it’s a critical consideration for multi-national businesses E-invoicing is fast…

News For air travel to continue to exist at anywhere near its current levels (the other alternative) means a significant dependence on advances in aviation and fuel technologies to the degree that they mitigate aviation GHG impacts to net zero.

The aviation conundrum

November 5, 2025

To meet GHG reduction levels, the number of flights globally will need to…

News Fit for 55 – European update bulletin

Fit for 55 – European update bulletin

October 31, 2025

Automotive On Thursday 8th May, 2025 the European Parliament adopted a targeted change…

News

Baker Tilly Cyprus Appointed Statutory Auditor of AstroBank Public Company Limited

October 22, 2025

Baker Tilly Cyprus announces the firm’s appointment as the statutory auditor of AstroBank…

News Office building

E-Invoicing Navigator

October 9, 2025

Navigating the fast-changing world of e-invoicing regulations just got easier! We’re excited to…

News

Baker Tilly South East Europe: Merger with MHA and Entry into the London Stock Exchange

September 3, 2025

Baker Tilly South East Europe has announced the completion of its merger with…

News

Baker Tilly South-East Europe becomes part of MHA

August 11, 2025

MHA has today completed the acquisition of Baker Tilly South-East Europe (BTSEE) in…

NewsTax Alerts

Launch of the European Union (EU) Blue Card Residence Scheme

July 7, 2025

Following recent amendments to the Aliens and Immigration Law, the Cyprus Migration Department…

News

Savvas M. Klitou Elected to the New Board of Directors of ICPAC

June 26, 2025

We are proud to announce that Savvas M. Klitou, Regional Managing Partner &…

Uncategorized

Insights from the first CSRD-compliant reports of shipping companies

June 16, 2025

Under the Corporate Sustainability Reporting Directive (CSRD), listed companies with more than 500…

Uncategorized

Protected: Baker Tilly Cyprus | Employee Corporate Card | Participating Businesses

June 6, 2025

This content is password-protected. To view it, please enter the password below.

Job openings CY

Corporate Services Senior Associate (Nicosia Office)

May 29, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY

Associate – Transaction Advisory Department (Nicosia Office)

May 29, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY

Senior Consultant – Transaction Advisory Department (Nicosia Office)

May 29, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY

Account Manager (Nicosia Office)

May 29, 2025

ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of…

News

Embracing the EU’s Simplification Omnibus package: Our view, your next steps

May 23, 2025

While the EU’s Omnibus proposal aims to reduce the number of companies within…

News

Shaping Tomorrow: Baker Tilly Europe Conference Successfully Held in Athens

May 19, 2025

Baker Tilly South East Europe had the honour of hosting this year’s Europe…

News

Proposed deal – Baker Tilly South East Europe to merge with MHA

May 9, 2025

Regional group to join forces with Baker Tilly International UK member firm Baker…

NewsTax Alerts

Amendments to the Income Tax law and Special Defence Contribution law

April 14, 2025

On 10th of April 2025, the House of Representatives passed amendments to the…

On behalf of our clients

Kitchen Cooks (On behalf of a client)

March 24, 2025

Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique…

On behalf of our clients

Learning & Development Training Inspector (On behalf of a client)

March 24, 2025

Career Opportunity On behalf of a client, an established organization in Cyprus offering…

On behalf of our clients

Barmen/Barwomen (On behalf of a client)

March 24, 2025

Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique…

On behalf of our clients

Waiters/Waitresses (On behalf of a client)

March 24, 2025

 Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique…

On behalf of our clients

Kitchen Cleaners (On behalf of a client)

March 24, 2025

Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique…

On behalf of our clients

Receptionists (on behalf of a client)

March 24, 2025

Career Opportunity On behalf of Solaar Hospitality currently operating Mercure Larnaca Beach hotel…

On behalf of our clients

Cleaners (on behalf of a client)

March 24, 2025

Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique…

On behalf of our clients

Junior Accountant (on behalf of a client)

March 24, 2025

Career Opportunity On behalf of a client, a diversified group of companies, we…

Job openings CY

Experienced Auditors (Nicosia or Limassol Office)

March 24, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY

ACA / ACCA Trainees 2025

March 24, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY

Senior Auditors (Nicosia or Limassol Office)

March 24, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY

Junior Auditors (Nicosia & Limassol Office)

March 24, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY Audit & Assurance Staff Assistant

Audit & Assurance Staff Assistant (Nicosia Office)

March 21, 2025

ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of…

Job openings CY Audit Manager Nicosia

Audit Manager (Nicosia Office)

March 21, 2025

About Baker Tilly: Baker Tilly South East Europe is a leading firm of…

Job openings CY

Audit Manager Secondment Opportunity

March 21, 2025

About Baker Tilly Baker Tilly South East Europe is a leading firm of…

Job openings CY Audit Manager Secondment

Audit Senior Manager (Athens office – Secondment Opportunity)

March 21, 2025

ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of…

Job openings CY Junior – Accounting Department

Junior Accountant

March 21, 2025

ABOUT BAKER TILLY Baker Tilly South East Europe is a leading firm of…

News ViDA directive

New VAT rules: ViDA Directive approved

March 21, 2025

The Economic and Financial Affairs Council (ECOFIN) adopted the proposal ‘VAT in the…

News omnibus

Omnibus legislation: What does it mean for the CSRD?

March 21, 2025

The Omnibus package was proposed by the European Commission with the aim of…

News CBAM simplifications

EU announces major CBAM simplifications: Reduced compliance burden for SMEs

March 21, 2025

On the 26th February, the EU Commission announced its ‘Omnibus’ package, confirming the…

News Important & Substantial Changes to the UBO Registry Framework Implementation

Important & Substantial Changes to the UBO Registry Framework Implementation

March 21, 2025

CHANGES TO THE LEGISLATION On 6 December 2024, the Prevention and Combating of…

News Does the Climate Crisis override the Environmental Crisis

Does the Climate Crisis override the Environmental Crisis?

March 20, 2025

Many argue that the European Union (EU) is shifting its environmental policy focus…

AdvisoryNews

“Caveat emptor” – Why due diligence matters

March 20, 2025

“Think due diligence guarantees a risk-free deal? Or that it is simply about…

PublicationsTax Alerts Extension to the submission of the Income Tax Return for 2023

Extension to the submission of the Income Tax Return for 2023

March 20, 2025

Extension-to-the-submission-of-the-Income-Tax-Return-for-2023

PublicationsTax Alerts Cyprus Tax Reform

Cyprus Tax Reform – Proposed Amendments

March 20, 2025

On 26th of February 2025, the Economics Research Center of the University of…

PublicationsTax Alerts Extension to the deadline for the submission of the Income Tax Return for the year 2022

Extension to the deadline for the submission of the Income Tax Return for the year 2022

March 20, 2025

K0O9RA

Publications double materiality assessments

Double Materiality Assessments: A playbook for first time reporters

March 20, 2025

A double materiality assessment (DMA) is the cornerstone for determining a company’s ESG…

Publications Cyprus Tax Guide 2025

Cyprus Tax Facts 2025

March 20, 2025

Baker Tilly Cyprus Tax Guide 2025 At Baker Tilly Cyprus, we understand the…

Publications Deemed Dividend Distribution for the tax year 2022

Deemed Dividend Distribution for the tax year 2022

March 20, 2025

We would like to remind you of the deemed dividend distribution (DDD) provisions…

PublicationsVAT New VAT rules 2025

Virtual services and VAT: New rules as of 1 January 2025

March 20, 2025

VAT rules for certain ‘virtual services’ in the EU are about to change.…

PublicationsVAT ViDA rules

VAT in the Digital Age: the new ViDA rules are coming

March 20, 2025

On 5 November 2024, ECOFIN (the European Council on Economic and Financial Affairs)…

Publications ESG trends 2025

4 ESG megatrends affecting EU companies

March 20, 2025

ESG encompasses almost all areas of a company’s business: from its operations to…

Publications CSRD Explained

CSRD Reporting Explained

March 20, 2025

Corporate Social Reporting Directive On 5 January 2023, the Corporate Sustainability Reporting Directive…

Uncategorized

Real people, Real stories – A Baker Tilly podcast

December 16, 2024

Real people, Real stories – A Baker Tilly podcast

Corporate & Legal

Bulgaria: Changes in the Labour Code concerning remote working

May 14, 2024

With State Gazette № 25 form 22.03.2024 changes concerning the Ordinance on keeping,…

Publications

Doing Business Overseas – Cover Story For Inbusiness Magazine

April 29, 2024

Απο τα πρώτα χρόνια των δραστηριοτήτων της υπό τη διεύθυνση του Μάριου Κλείτου,…

Publications

Key EU Laws Impacting Businesses In 2024

April 29, 2024

Three important EU laws that we should look out for in 2024 Article…

Tax Alerts

Bulgaria: Changes in the Labour Code concerning remote working

April 29, 2024

Under State Gazette № 27 issued on 29.03.2024 changes relating to remote working location, conditions and procedures…

Careers- Experienced professionals

Experienced Professionals

April 4, 2024

Do you want to work for an employer who really listens to your…

Tax Alerts

Baker Tilly Digital Day 2023

February 26, 2024

On October 3rd, 2023, we were honoured to host our inaugural Baker Tilly…

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Now, for tomorrow

Baker Tilly South East Europe is the trading name of various legal entities incorporated in Cyprus, Greece, Romania, Bulgaria and Moldova. It is a member of the MHA Group (more information on Baker Tilly South East Europe and the MHA Group can be found here). The MHA Group is an independent member of Baker Tilly International. Baker Tilly International Limited is an English company. Baker Tilly International provides no professional services to clients. Each member firm is a separate and independent legal entity, and each describes itself as such. Baker Tilly South East Europe is not Baker Tilly International’s agent and does not have the authority to bind Baker Tilly International or act on Baker Tilly International’s behalf. None of Baker Tilly International, Baker Tilly South East Europe, nor any of the other member firms of Baker Tilly International has any liability for each other’s acts or omissions. The name Baker Tilly and its associated logo is used under license from Baker Tilly International Limited.
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