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Cyprus

Cyprus: Additional Deadline Extension for DAC6 Implementation until November

Eurofast would like to inform you that an additional extension of the deadline until November 30th, 2021 has been given by the Tax Department, 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 concerns…

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Cyprus

Cyprus: New Amendments to the Residency Programme

On April 7, 2021, the Republic of Cyprus announced amendments to the eligible criteria for the Cyprus Permanent Residency Programme.   The Permanent Residency Programme covers the applicant’s relatives including his own parents, his dependent children up to the age of 18, unmarried children who are students up to the age of 25, as well…

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News-Serbia

Serbia Records the Highest GDP Growth in Europe

Despite the difficult circumstances due to the pandemic, the Republic of Serbia not only shows positive economic indicators but also records the highest GDP growth in Europe and ranked first among 38 economies. The three main macroeconomic variables (along with…

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News-Slovenia

The Tax Treatment of Income from Cryptocurrencies in Slovenia

There are currently more than 1000 different cryptocurrencies, amongst the best known are Bitcoin and Ethereum. Under the current regime, the tax treatment of income from virtual currency operations depends on the circumstances of each individual case. In principle, however,…

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Montenegro

Montenegro: Tax Treatment of E-Commerce

The online sales market or e-commerce in the region is growing rapidly. Every day, more and more legal entities recognize the need to place or just present their products on the Internet market. There are numerous advantages of internet sales , and one of the biggest – it brings customers…

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Georgia

Preferential Terms for Revenue Service Authorized Users

An amendment was made to the Resolution of the Government of Georgia of March 30, 2010 No. 96, which provides the introduction of a new condition for the payment of service fees  to the Revenue Service. Those taxpayers, who apply to the tax office electronically from their authorized user page, are either exempt from the service…

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Bulgaria

The EU Recovery Plan Effects For Bulgaria

Startup visas incentives for digital nomads and more scale-up companies included in the recovery plan of EU  Introduction of a clear procedure for startup visas, incentives for Bulgaria to become a destination for digital nomadism, more ” scale-up companies ” –…

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Albania

Tax Authority Notification on the Reporting of Ledger Books

A few days before the deadline for declaration of monthly ledger books and VAT balance, the Tax Administration has reminded the taxpayers subject to VAT about the correct manner of reporting the sales and purchase books as well as VAT return…

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Croatia

Deadline for Obligors of External Audit in Croatia

Audit of financial statements of Croatian companies is regulated by The Accounting Law and The Audit Law. The obligors are determined by Accounting Law while the conditions and regulations of the audit process are determined by Audit Law. In case…

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News-Ukraine

Ukraine: e-Service Quality for All Public Tax Services

Electronic service quality for all public tax services is one of the main priorities of the Ukrainian Government. They seek to digitize bureaucracy so as to be convenient and understandable by people and businesses with access to public services, free…

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