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Practical steps for companies impacted by coronavirus

In the context of the crucial developments concerning COVID-19, businesses must be prepared, alert and agile to cope with the constant forthcoming changes. Rapid development of the new COVID-19 coronavirus requires awareness and the contribution of all of us, businesses and individuals, with a sense of personal and collective responsibility towards society. We urge you to keep up to date, on a daily basis, with the latest developments announced by the competent authorities.

On 26.02.2020 the Greek Ministry of Finance has announced the procedure which should be followed by individuals who wish to transfer their tax residence in Greece under the provisions of the favorable Non-Dom tax regime, which was introduced for the first time in Greece by Law 4646/2019. Individuals may benefit from the Non-Dom taxation as from tax year 2020 onwards by submitting their application until 31st March 2020

Over the last 12 months, our women in business research has drilled down into the gender diversity stats of mid-market organisations around the world, looking at how the numbers are changing, and most importantly, what businesses are doing to make them change.

So, the challenge is to create the network of “touch points” of the future, today and make sure that it can bring sustainable growth to the business. But how can this be done?

Greek L.4646/2019 introduced significant amendments in the taxation of both individuals and legal entities.

Grant Thornton IFRS Newsletter is your update on all things relating to International Financial Reporting Standards. We will bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.

On the occasion of the Law 4403/2016 on Non-Financial Information, which concerns the implementation of the European Directive on the incorporation of social and environmental data into the annual financial reports of large enterprises, the rhetorical -as critiqued by many- question resurfaced;

Digital transformation has become a buzzword but its meaning still remains rather ambiguous. In the financial services industry, the term is used at scale. Long-established institutions are more or less beginning to approach the issue of their digitization and wonder whether or to what extent technology-driven innovation is going to affect their business model and market performance.

We are living in a forward-moving society with a relentless accelerating pace in today’s business world; thus trying to manage the speed of changes becomes a vital process that needs to be in a continually evolving and reforming status.

When changes happen fast, then time has more value. In a world of agility, it is hard to believe that colossal, capital intensive energy companies need to change or die, in a matter of a few months or very few years. No one in this new energy future is too big to fail.

Some years ago, one would have never dreamt of the possibilities that this “digital network” called the Internet, would provide regarding the ways and means of communication with other people across the globe.

Grant Thornton IFRS Newsletter is your update on all things relating to International Financial Reporting Standards. We will bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments. The third edition of 2019, begins by considering the latest IASB Exposure Drafts, while it concludes with IFRS-related news at Grant Thornton.

Businesses of all shapes and sizes are trying to carve out a competitive advantage by leveraging digital information. The most cutting-edge companies harness customer preference data for a range of reasons, including to create personalised services and targeted marketing campaigns; to scrutinise employee performance data to drive productivity; and to analyse supply chain information to drive efficiencies. And that’s just the tip of the iceberg, with digitised data embedded across business practices.

Businesses have ploughed billions of dollars into technology that promises to keep cyber threats at bay. Gartner claims that end-user spending for the information security market is estimated to grow at a CAGR of 8.5% between 2017 and 2022, reaching $170bn.

Starting this edition, I was thinking what would be the ideal theme for a good start. I consulted my favorite books, tried to recall excellent or interesting discussions I had with colleagues or with good friends, even made some surfing on the web seeking for a flash on my mind. But nothing. Thus, I concluded on the simple ques¬tion. What would be the most valuable asset for me, for my business and for my clients in the years to come?