The Cyprus VAT Act has been amended in relation to the procedure to be followed for an appeal against an assessment issued by the Tax Department. This amendment has come into force as of 7 July 2017. Specifically, the appeals…
Serbia has been ranked world leader in the number of new jobs created in 2016 – as a proportion of the population size – and therefore the best place to invest, according to the Global Location Trends report by the…
What will the impact be on cross border structuring? Introduction and background On 8 May 2017, Luxembourg and Cyprus signed their first double tax treaty (“Lux/Cyprus DTT”). Through this tax treaty, both countries aim to strengthen their economic and commercial…
The concept of staff leasing has existed for years in Serbia and enables companies to flexibly employ workers through agencies specialized in this type of service. Nevertheless, what constitutes a challenge is the lack of a clear and comprehensive legal…
Μέσα στα πλαίσια του Σχεδίου Παροχής Κρατικών Χορηγιών για το έτος 2017, η Κυβέρνηση της Κύπρου ανακοίνωσε την οικονομική στήριξη επιχειρήσεων που θα προχωρήσουν στην Εισαγωγή Συστήματος Περιβαλλοντικής Διαχείρισης που απορρέει από το γενικό πλαίσιο Κοινοτικού Συστήματος Οικολογικής Διαχείρισης και…
Within the framework of the State Grants Scheme for the year 2017 and as a result of the general framework of Eco-Management and Audit Scheme, the Cyprus Government announced a program of financial support to the organizations which will implement…
According to the global youth mortality rates based on the World Health Organisation’s (“WHO”) data for 2015, Cyprus has been analysed to be the safest of 184 countries for young people, among a list of jurisdictions including the United Kingdom,…
In 2008, the Serbian Government signed a Stabilization and Association Agreement with the EU, adopting a timeframe for the gradual removal of trade barriers. Nine years later, during 2017, the Government drafted a law authorizing foreign ownership of up to…