On December 21, 2017, the President of Belarus signed the law “On the Development of a Digital Economy” (“Law”). After its entry into force on March 22, 2018, businesses based on blockchain technology will become legally regulated in Belarus. The…
On February 6, 2018 the Law “On Limited and Additional Liability Companies” (“Law”) was adopted by the Verkhovna Rada of Ukraine. On February 20, 2018 the Law has been forwarded to the President for signature. It will enter into force…
In the context of streamlining procedures and avoiding lengthy processes, the Insolvency Service and the Bankruptcy and Liquidation Companies’ Division of the Registrar of Companies and Official Receiver of Cyprus announced that the procedure followed for granting authorization to open…
The Government of Georgia is attempting to simplify the country’s Tax Code after Georgia signed its Association Agreement (AA) deal with the European Union (EU) in mid-2014. While major tax reforms regarding corporate income tax took place in 2017, Georgia…
Croatia and Kosovo have been historically involved in a good economic and political relationship and are continuing to strengthen the commercial exchange. Croatia sees Kosovo as a good opportunity for export and significant investment, in areas such as construction and…
Significant changes affecting a wide range of companies in Serbia have been introduced via amendments to the provision related to application of withholding tax. Article 40, paragraph 1, item 5 of the Law on Corporate Profit Tax regulates the taxation…
The Albanian legislative act which defines the general principles and rules for the preparation of accounting standards, financial statements and accounting records is the law No.9228, dated 29.04.2004, “On Accounting and Financial Statements”. According to article 3 of this law,…