On April 7, 2021, the Republic of Cyprus has announced amendments to the eligible criteria for the Cyprus Permanent Residency Programme. In pursuance of the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Minister of Interior, having notified the Council of Ministers, has…
As we informed you late last year, the Council of Ministers decided to transpose the 4th Anti-Money Laundering Directive (EU) 2015/849 to the national legislation. The registry development has been completed and the Ministry of Finance has announced its official operation on April 6th, 2021. All legal…
Extended VAT payment deadline in 2021 The North Macedonian Government has recently extended the payment deadline for VAT due following the filing of a periodic VAT return. Typically, the deadline for payment of outstanding VAT to the state has been…
On March 15, the Ukrainian Cabinet of Ministers implemented Decree #278, allowing for e-passports to equate to regular passports. E-passports are digital analogues of paper documents and are currently available in the government based app – “Dija“. According to officials, the main goal of “Dija” is to introduce a…
As of January 1st, 2021, pursuant to Law 87/2019, the tax system reform “On electronic invoicing and turnover monitoring”, has officially entered into force in the Republic of Albania. The law amends all transactions occurring within the Republic and includes the reporting technicality to the tax authority as well as the application for electronic…
The Georgian government has launched a program to help migrants, who have returned to their homeland amid the pandemic. The IDP`s and Eco-migrants Agency of Georgia has begun accepting applications from returning migrants within the framework of the state program to assist…
In 2021 set of Croatian tax reforms the one in regards to Value added tax stands out as the current HRK 7.5 million threshold of the taxation procedure according to the collected fees has been increased to HRK 15 million….
The Georgian authorities are planning to revise their tax policy that came into force in January 2021. The review will also include tax breaks. Changes to the tax policy and additional tax benefits are one of the main demands of…
for the fiscal year 2020 On March 9th, 2021, the Ministry of Finance announced explanation No. 413-00-3 / 2021-04 relating to the manner of calculating the annual income tax. According to Article 87 of the Law on Personal Income Tax, the…
On March 22, the president of Ukraine, Volodymyr Zelensky, signed the Law relating to The Bureau of Economic Security. As we wrote previously, the main function of the Bureau of Economic Security (BES) will be to provide analysis, not to put in force. The Bureau will analyse the beneficiaries…