{"id":53662,"date":"2024-02-28T13:49:24","date_gmt":"2024-02-28T13:49:24","guid":{"rendered":"https:\/\/epidosis.gr\/EpidosisBlog\/?p=53662"},"modified":"2024-02-28T15:11:05","modified_gmt":"2024-02-28T15:11:05","slug":"cfo-the-strategic-advisor-of-the-enterprise-2","status":"publish","type":"post","link":"https:\/\/epidosis.gr\/en\/cfo-the-strategic-advisor-of-the-enterprise-2\/","title":{"rendered":"Cyprus: The Council of Ministers abolished the annual fee of \u20ac 350 for companies."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"53662\" class=\"elementor elementor-53662 elementor-53661\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-29e2893 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"29e2893\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f85e6c8\" data-id=\"f85e6c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-30645b3 elementor-widget elementor-widget-text-editor\" data-id=\"30645b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The Council of Ministers abolished the annual company fee, amounting to 350 euros, as an additional measure to ease business. The decision will take effect from this year.<\/strong> The annual fee was initially imposed in 2011 as part of fiscal consolidation measures.<\/p>\n<\/p>\n<p>In the initial stages of governance change last spring, the Ministry of Finance opposed the abolition of the fee, which political parties had requested through the Parliamentary Trade Committee. The ministry cited a potential loss of annual revenue of \u20ac40 million, which was budgeted for 2024, due to the possible abolition of the fee. It advocated for a gradual and phased abolition of the burden based on the turnover of companies.<\/p>\n<\/p>\n<p>According to recent data presented in Parliament, a large number of companies, many of which are inactive, owe the state treasury a total amount of approximately \u20ac30 million \u20ac due to their non-compliance with this obligation in previous years.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Council of Ministers abolished the annual company fee, amounting to 350 euros, as an additional measure to ease business. The decision will take effect from this year. The annual fee was initially imposed in 2011 as part of fiscal consolidation measures. In the initial stages of governance change last spring, the Ministry of Finance [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":53647,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[27,28,29],"tags":[],"class_list":["post-53662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-en","category-blog","category-newsletter-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/53662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/comments?post=53662"}],"version-history":[{"count":3,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/53662\/revisions"}],"predecessor-version":[{"id":53702,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/53662\/revisions\/53702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/media\/53647"}],"wp:attachment":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/media?parent=53662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/categories?post=53662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/tags?post=53662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}