North Macedonia became the 117th member to join the Inclusive Framework (“IF”) for the global implementation of the Base Erosion and Profit Shifting (BEPS) Project in August 2018. Under this framework, North Macedonia was committed to implement Action 5, Action…
The capital of Bulgaria, Sofia, was ranked among the top 25 cities in Europe at the “fDi and TNW’s Tech Cities of the Future” for 2020/21. Sofia is one of the two South-East European cities included within this first- time…
The Cyprus Parliament on 19 June 2020 has voted the Cyprus transposition of the European Union (EU) Anti-Tax Avoidance Directive (ATAD) for Exit taxation and Hybrid mismatch rules, which essentially completes Cyprus’ transposition of the EU ATADs i.e. ATAD I…
[print_link] Eurofast recently appointed two new members to the Board of Directors. Antonis Gavrielides is the Director of Eurofast Greece. Mr. Gavrielides has a Master’s Degree in Business Administration from the University of Cyprus and has been part of Eurofast…
The Cyprus Parliament on June 19th 2020, voted for the Cyprus transposition of the European Union (EU) Anti-Tax Avoidance Directive (ATAD) for Exit taxation and Hybrid mismatch rules. The Directive essentially completes Cyprus’ transposition of the EU ATADs i.e. ATAD…
Following the introduction of the non-dom regime for high net-worth individuals (HNWIs) in Greece, the Greek Parliament voted further the Law 4714/31.7.2020 regulating the non-dom regime specifically for foreign pensioners. In brief it stipulates that individuals, being beneficiaries of pension…
On August 16, 2020, the Government of Egypt issued Law No. 173 for the year 2020. The law was issued to waive penalties for delayed tax payments and interest on tax differences and penalties for delayed payments. Main points &…
[print_link] Georgia is one of the few countries that has established itself as a “Covid-safe” country and the country’s government is doing everything it can in order not to lose this status. However, today’s reality is such that we all…
[print_link] Regarding the Permanent Residency Permit for applicants from non-European Union countries, among the documents that need to be submitted, the applicant must meet the requirements noted below. There exists a “fast-track” and a “normal-track” procedure: A. The “fast-track” procedure…