On 14.07.2023 the National Assembly of Bulgaria adopted new amendments to the Measures against Money Laundering Act (MAMLA), which aim to achieve compliance with the Directive 2018/843 of the European Parliament and of the Council of 30 May 2018. The…
As of 01.08.2023 a new important amendment in the Bulgarian VAT Act was adopted and entered into force. The amendment is as it follows: If at the end of each quarter of a financial year the total amount of: –…
On July 26, 2023 the National Assembly of Serbia has adopted the long awaited changes in terms of Law on Foreigners and Law on employment of Foreigners. Most amendments will enter into force as of February 1, 2024, while some…
Eurofast would like to draw your attention to a new mandatory procedure that you might need to implement in your Bulgarian company. We are going to share with you a brief description of the procedure and requirements with an emphasis…
As a response to the sanctions placed on Russia, due to the current state of affairs in Ukraine, Vladimir Putin has signed, on the 8th of August 2023, a decree suspending (not abolishing) the double tax treaties with multiple countries…
CyprusTax Department would like to inform that for documents processing with variable fees purposes, a new version of the Stamp Duty calculator has been uploaded on the website under Direct Taxation – Other Information – Stamp Duty Calculator, replacing the…
During the past few decades, Cyprus has been under assessment to be able to enter the Schengen Information System (SIS). Cyprus has finally been given the green light to join the SIS (joining on 25th July 2023), which means that…
Republic of Serbia and the RFZO (Republic Fund of Health Insurance) have signed bilateral agreements with 21 states on the possibility of using social insurance during temporary stay abroad (at the expense of the RFZO). Under their terms, the reasons…
The article defines irregular working hours, how the rights and obligations of the employer and the employee are regulated by the law; how irregular working hours are accounted for and whether they are different from overtime. First and foremost, irregular…