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News_CY

Cyprus: Startup Visa for Third Country Nationals

On 15th of February 2017, Cyprus adopted the “Startup Visa” (Startup Permit Scheme) for third country nationals interested in residing and investing in innovative businesses in Cyprus. Specifically, it allows talented entrepreneurs from third countries (Non EU, Non EEA), be…

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News_CY

Goodbye back-to-back loans, welcome Transfer Pricing!

The Cyprus Tax Authorities, taking into consideration the International developments (OECD/G20 initiative – BEPS) have decided to proceed with the alteration of the current tax regime in relation to profit margins on loans between related parties. Specifically, it is expected…

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Albania

Double Taxation Treaty between Albania and Iceland becomes effective

On 26th of September 2014, the Republic of Albania and the Republic of Iceland signed a treaty for the avoidance of double taxation and the prevention of tax evasion regarding income tax. This agreement was ratified by both countries and…

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News_RM

Romania: Robust growth 2017-2018

The winter 2017 Economic Forecast published by European Commission argues that the economies of all EU Member States are expected to grow in 2017 and 2018, even if the growth forecasts are surrounded by higher-than-usual uncertainty. The EC expects euro…

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News_FYROM

FYR Macedonia expects GDP growth despite political uncertainty

Amidst political instability and with no Government in sight yet, the FYR Macedonian National Bank has stated it expects the country’s economic stabilization in 2017. The National Bank sold a 25 billion denar worth of 28-day bills at a rate…

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News_BiH

Amendments to Profit Tax Law in Republic of Srpska of Bosnia and Herzegovina

The National Assembly of the Republic of Srpska (RS) adopted amendments to the Profit Tax Law on 28 December 2016. The main changes have become effective as of 1 January 2017 and will be briefly presented in this article. With…

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News_MN

Tax debt payment plan introduced in Montenegro

The Ministry of Finance of Montenegro and the Tax Administration of Montenegro have created a new program in the current tax system by way of tax incentive for companies with tax debt. The newly introduced program will facilitate payment of…

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News_GE

Treaty between Georgia and Liechtenstein enters into force

Georgia has increased its DTT portfolio to now count 54 countries following the addition of one more treaty entering into force in late 2016. The double taxation avoidance agreement signed between Georgia and Liechtenstein in May 2015 entered into force…

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News_Ukr

Ukraine’s new financial restructuring law enters into force

On 14 July 2016, the Ukrainian Parliament adopted the Law of Ukraine “On Financial Restructuring” No. 1414-VIII (the “Law”) which, based on its transitional provisions, entered into force on 19 October 2016 and will remain valid for 3 years as…

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Press Releases

Βλ. Τζιωρτζής και Eurofast ανανέωσαν τη...

Τη στήριξη της Eurofast θα έχει ο Βλαδίμηρος Τζιωρτζής στην προσπάθεια του να διακριθεί στο πρωτάθλημα SMP F4 North Europe Zone Certified by FIA, το οποίο αρχίζει σε μερικές εβδομάδες. Η Eurofast, η οποία δραστηριοποιείται στον τομέα των συμβουλευτικών υπηρεσιών…

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