The purpose of this training program is to update the participants of the E-commerce Package Rules. We shall provide an extensive interpretation of the new provisions of the VAT law, by analyzing and explaining with practical examples the provisions of the law, so that VAT professionals are prepared to respond to and correctly apply the newly enacted amendments of the VAT Law in business transactions. This is a not to be missed webinar, as it will provide a clear understanding of the simplifications available with the new rules which all VAT professionals should be aware of.
After the completion of the webinar, participants are expected to:
The offered Professional Training Course has been approved by the Human Resources Development Authority of Cyprus (HRDA).
This program is specifically designed for VAT Advisors, Financial Managers, Chief Accountants, Accountants, and specialized professionals responsible for dealing with financial matters, practicing the provisions of Cypriot and EU VAT law and are responsible for the VAT treatment of transactions effected by taxable persons.
Trainees will receive a Certificate of Attendance.
This seminar contributes to Continuing Professional Development for 6 CPD Units (Verified by CYBAR Association)
Venue: The course will be held online via zoom
Date & Time: 28th December, 2021, 09:00-12:50 & 29th December 2021, 09:00-12:00
Language: Greek language with the slides in English
The seminar’s cost and duration for participation is presented on the table below:
|Duration||Participation Cost||HRDA Subsidy
|Cost to the company|
6 hours (2 days)
€180.00 + 19% VAT
PART A: Current rules and the need for change
Introduction of the topic, the need for change
Current Legislation on E-Commerce transactions
Pitfalls of the current provisions
What is being changed and why the new rules – the new law and its implications
Articles of the law
PART B: The new provision of Deemed supplier
The two supplies
PART C: New option available for Intra-Community Distance Sales of goods
One stop Shop (OSS)
By deemed suppliers
PART D: New options available for Distance Sales from third countries and territories
Low Value Goods (LVG)
Import One Stop Shop (IOSS)
By Deemed Suppliers
The need to appoint an intermediary
PART E: The introduction of Record keeping obligation for platforms
PART F: Overview of the three Special Schemes
Non – Union OSS
PART G: Issues to consider
PART H: Q&A
Mrs Demetra Constantinou, FCCA, ADIT
Kinanis LLC, Partner
Demetra Constantinou holds a BSc in Public & Business Administration. In 2009 she obtained her professional qualification of ACCA and since then her professional development escalated by adding further professional qualifications in her curriculum as follows;
Chartered Institute of Taxation, Advanced Diploma in International Taxation (ADIT) – Specialization in EU VAT, CySEC's Advanced Certificate in Financial Services Legal Framework.
Demetra commenced her career in 2006 at Kinanis LLC and has walked her way towards partnership through various managerial and strategic roles. Currently, she is a Partner at Kinanis LLC and manages the Accounting and VAT Department. Her main area of practice is Accounting and VAT consultancy for local and international clientele, as well as General Tax Advisory Services for EU based clients on various EU tax matters relating to VAT Law, Blockchain consulting services on Tax and VAT aspects.
Demetra has extensive experience in rendering lectures on Paper_P6: Advanced Taxation of the ACCA qualification and other seminars on VAT topics. She has also been a guest speaker in a number of internal and external seminars and conferences on her topics of expertise. In January 2019 she obtained her professional qualification as Certified HRDA Trainer of Vocational Training.
Contact Mrs. Ivi Papaioannou at email@example.com (22 558836)