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Month:
July 2019
ROMANIA: One of the best holding jurisdictions
25th July, 2019
Romania is a place where you should focus next if your business or your clients need a holding structure.…
Moldova temporarily suspends Citizenship by Investment Program
25th July, 2019
Moldova’s President, Igor Dodon, during a meeting of Moldova’s Supreme Security Council, informed the local press that the Government had…
Bulgaria amends VAT legislation; changes affect a wide range of sectors
25th July, 2019
The VAT rate in Bulgaria has remained unchanged at 20% for many consecutive years. Recently, there has been a lot…
Investing into the Balkans through a Cyprus Alternative Investment Fund
25th July, 2019
As a collection of emerging markets with strong growth potential, the Balkan countries have firmly positioned themselves on the map…
North Macedonia adopts Law on Partial VAT Refund to Physical Persons
25th July, 2019
The newly adopted (June 27, 2019) and published (Official Gazette No.133/28-06-2019) Law on Partial VAT Refund to Physical Persons has…
MONTENEGRO – A NEW REGIONAL IT HUB?
12th July, 2019
This small Mediterranean country – known as the perfect blend of gorgeous coastline and dramatic mountains - has much more…
Georgia introduces rules for classification of taxpayers; amends refund procedure
11th July, 2019
On February 5, 2019, the Georgian Ministry of Finance issued Order No. 30 on the classification of taxpayers, which has…
What is the PSD2 and how is Croatia preparing for a change of game in the payment industry?
11th July, 2019
PSD2 (Second Payment Services Directive) is an EU Directive with a huge impact on payment processing industry. The traditional role…
Republic of Srpska adopts new Law on Games of Chance
11th July, 2019
Earlier in 2019, the National Assembly of Republic of Srpska adopted the Law on Games of Chance, aiming to improve…
Serbian Ministry of Finance clarifies the requirement for valid transportation cost documentation
11th July, 2019
On 25 April 2019, the tax authorities issued an official notice to the Serbian Chamber of Commerce regarding the issue…
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