European Union: Audit

The Audit Exemption Rules (L.N. 139 of 2025), published on the 15th of July 2025, introduce a regulatory framework that eases compliance costs for certain categories of companies in Malta by reducing or eliminating statutory audit requirements.

In der digitalisierten Wirtschaft stellen Daten und Geschäftsprozesse eine wesentliche Grundlage der Wertschöpfung dar. Zunehmende Auslagerungen zentraler Funktionen – etwa Finanz-buchhaltung, Lohn- und Gehaltsabrechnung, Zahlungsabwicklung, IT-Hosting, Rechen-zentrumsbetrieb und Cloud-Services – erhöhen das Risikoprofil von Organisationen.

In the digital economy, data and business processes are an essential basis for value creation. The increasing outsourcing of central functions – such as financial accounting, payroll accounting, payment processing, IT hosting, data center operations, and cloud services – increases the risk profile of organizations.

Δυστυχώς το άνοιγμα Κυπριακού ή Ευρωπαικου εταιρικου τραπεζικού λογαριασμού δεν είναι εφικτό &#

There were several important legislative changes which were published over the course of May 2025. Below is an overview of the key updates across different areas.

The Irish Revenue Commissioners ("Revenue") recently published their 2024 Annual Report (the "Report").

The impact of the transition from the previous International Standard on Quality Control (ISQC 1) into the International Standard on Quality Management (ISQM 1) adopted two years ago is now clear.

Why a Cyprus company and not any other company this is one of the most common questions we are asked from many Prospect clients and the answer is not only taxation.

Have you ever considered retiring to the Mediterranean and living in Cyprus? If you're contemplating a move to a new country, Cyprus stands out as a potential new home...