Albania increases the national minimum wage
19th October, 2022Only a few months after the government's decision to increase the minimum wage in Albania, the Council of Ministers has…Тhe misconception of a Bulgarian company’s inactivity
18th October, 2022It is common practice that after registering a new company, the company does not start trading activities immediately. Another mass…New NSRF “Competitiveness” Program 2021-2027
18th October, 2022On August 30th, 2022, the Deputy Minister of Development and Investments presented the new NSRF Program “Competitiveness” regarding the support…Law 89: Why Multinational Groups should opt for Greece for their shared services centers
18th October, 2022Law 89/67 regime, as amended in 2019 and in force today, offers an attractive solution to Multinational Groups to establish…Albania: Small entities obliged to submit Financial Statements
14th September, 2022Through the latest ministerial order, the Ministry of Finance has announced the change of National Accounting Standard no. 15, which…Albania: Deadline Extension for Financial Statements
14th September, 2022The Ministry of Finance announced the postponement of the deadline for submitting financial statements to the National Business Center. The…Cyprus adopts a minimum wage
1st September, 2022Cyprus, one of the last EU countries to adopt a minimum wage, has agreed to set a national minimum monthly…Bulgaria: Amendments in the VAT Act for 2022
23rd August, 2022In this article, we summarize the most important changes to the Value Added Tax Law, adopted in the first six…50% tax reduction for first time employment in Cyprus
3rd August, 2022The Cyprus government passed new tax incentives on 26 July 2022. The scheme is along with the One Stop Shop,…New Transfer Pricing Rules as of 1 January 2022
27th July, 2022On Thursday, 30 June 2022 the Cyprus Parliament passed a law introducing detailed transfer pricing legislation, marking a new era in company…