Following an inspection of Google LLC, the restricted committee of the French Commission Nationale de l’Informatique et des Libertés (hereinafter referred to as the “CNIL”) decided that there are two types of breaches of the French Data Protection Act and the General Data Protection Regulation (“GDPR”) by Google LLC and imposed a penalty of 50 million euro.
All Cyprus VAT registered companies belong to a different VAT category depending on their business activities.
VAT categories are the below:
In demanding marketplaces of our time, Intellectual property (IP) rights are essential for the survival of a business as they can provide the business with competitive advantages in its commercial activities.
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