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News-Ukraine

Ultimate Beneficial Ownership Becomes Public in Ukraine

In two weeks, on July 11, 2021, the new Decree № 768/36390 will enter in force. Registered in the Ministry of Justice of Ukraine, it will force to disclose an ownership structure of legal entities.  According to the Decree, from July 11,…

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Cyprus

Cyprus: Additional Deadline Extension for DAC6 Implementation

Eurofast would like to inform you that an additional extension of the deadline until September 30th, 2021 has been given on June 4th, as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC6 Reporting).   The implementation of DAC6 continues to be retroactive and also…

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News-North Macedonia

North Macedonia: Distribution of Dividend Documentation

As the deadline  until which resident companies in North Macedonia can distribute dividends based on their 2020 financial result (September 30, 2021) is approaching, it is worth noting that there is a specific set of documentation required to be submitted to…

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Egypt

Egypt Establishes Martyrs & Victims Tax Fund

On March 3rd, Law No. 4 of 2021 was promulgated by President Abdel Fattah Al-Sisi. The new law amends some provisions of Law No. 16 of 2018 and establishes funds to honor and support the families of the victims who are missing, lost…

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News-Ukraine

Capital Amnesty Officially Started in Ukraine

Volodymyr Zelensky, the president of Ukraine, initiated the Tax Amnesty in February 2021. During the last few months there have been numerous changes and amendments to the first Draft Law. Finally, on June 15th, the parliament of Ukraine approved the Law…

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Cyprus

The European Payroll Revolution Outbreak

“Master your strengths, outsource your weaknesses.” This is a well-known quote from American career coach and TV personality Ryan Kahn and cannot be more relevant to what is happening in the business world today.  Post-pandemic we are seeing a renewed optimism in Europe, the European Commission’s index of…

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News-Ukraine

Ukraine: New Law Introduction & Tax Updates

Despite the cold cyclones and rainy weather, May introduced many Law and Tax updates in Ukraine.   First, the President signed a law that will facilitate a land decentralization program, known as the “Land`s constitution” and initiated an anti-oligarchs policy. It will introduce…

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News-Ukraine

Ukraine Vs Oligarchs.

Ukraine is famous for its culture, cuisine, beautiful landscapes, fertile land, and rich natural resources. Being a plentiful and means rich country, Ukraine came up under the control of the group of oligarchs. Since the national independence referendum in 1991,…

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Greece

Greece: Digitization Upgrades Service Level to Citizens

The Greek Ministry of Health has recently introduced 10 modern and directly accessible electronic services for the self-employed, the freelancers, and the company employers on a platform named EFKA (e-EFKA), in an effort to battle the existing bureaucracy. These services…

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Croatia

Croatia: Deadline Extension for Financial Statements

The arrival of spring marks the most wonderful and challenging time for all accountants – a time to prepare financial statements and reports for the authorities. This year, same as the previous one, the authorities have decided to postpone the…

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