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News

Ukraine drastically amends its tax system with the new Anti-BEPS Law

[print_link] Supported by the OECD, the Base Erosion and Profit Shifting (BEPS) Action Plan is spreading across the world to eliminate different tax avoidance strategies. On May 23, the supreme legislative body of Ukraine (Verkhovna Rada) adopted the so-called Anti-BEPS…

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News-Greece

VAT suspension scheme boost Greece holiday homes sales

[print_link] The transfer of a newly built property (prior to its initial use/occupation) as well as of the plot on which the building is situated on is subject to VAT in Greece. This is provided that the building permit is…

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News-Bulgaria

“All eyes on the Balkans: Banking operations in Bulgaria, Romania, Montenegro...

[print_link] Needless to say, a business requires a bank account in order to function properly. In certain instances, however, having to open a bank account is more complex that one would anticipate and, as such, requires reaching out to professionals…

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News-Ukraine

Ukraine adopts new AML Law; clarifies and intensifies financial monitoring

[print_link] April in Kyiv was an intense month, not only because of the globally challenging coronavirus crisis, the new land and medical reforms but also due to the new National Bank of Ukraine (NBU) regulations. The recently adopted, by 246…

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News-Cyprus

Double Tax Treaty between Cyprus and Kazakhstan ratified; will enter into force...

[print_link] On January 17th,2020, the double tax treaty between the Government of the Republic of Kazakhstan and Government of the Republic of Cyprus was ratified. The DTT Convention on income tax will enter into full force from 1st January 2021….

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News-Montenegro

LATEST UPDATES ON MONTENEGRO CITIZENSHIP BY INVESTMENT PROGRAM

Montenegro was affected by the Covid-19 pandemic and crisis much like the rest of the world. This unprecedented situation has disrupted all aspects of economy, including the recently introduced Citizenship by Investment Program. However, its not only the Montenegro program…

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News-Greece

Greece adopts favourable VAT measures to strengthen the tourism

[print_link] In aiming to attract investments and foster its economy, the Greek government is preparing its new draft bill that will provide further reductions in taxes and social security contributions. Specifically, the new draft bill is expected to reduce to social security contributions…

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