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Conversion of Share Capital to Euro
19th October, 2022
With the euro becoming the national currency from the 1st of January 2023, most of us are focused on the…
Romania overhauls micro-companies tax regime via GO no. 16/2022
19th October, 2022
A series of amendments and additions to the Romanian Fiscal Code were made by way of GO no. 16/2022 in…
New NSRF “Competitiveness” Program 2021-2027
18th October, 2022
On 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, 2022
Law 89/67 regime, as amended in 2019 and in force today, offers an attractive solution to Multinational Groups to establish…
Тhe misconception of a Bulgarian company’s inactivity
18th October, 2022
It is common practice that after registering a new company, the company does not start trading activities immediately. Another mass…
Albania: Small entities obliged to submit Financial Statements
14th September, 2022
Through 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, 2022
The 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, 2022
Cyprus, 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, 2022
In 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, 2022
The Cyprus government passed new tax incentives on 26 July 2022. The scheme is along with the One Stop Shop,…
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