On 14 April 2021 the Official gazette of the Republic of Serbia No.37 published that the Ministry of Finance of Serbia adopted a Rulebook on the Value Added Tax. The new rulebook replaces 27 individual rulebooks in the field of VAT, which are now in force and it comprises 282 articles, 19 forms and 33 chapters….
In its most recent analysis, dated on May 21st 2021, the international rating agency “MOODY’S”, evaluates Albania as a country with stable prospects and affirms Albanian Government’s B1 rating. The decision to confirm the rating according to “MOODY’S” is based on Albania’s resilience to…
As of July 1st, new VAT rules enter into force in the European Union, which facilitate the fulfillment of the existing obligations related to the VAT and reduce the administrative burdens for the companies performing cross-border online sales. For online shopping, an electronic portal (electronic one-stop shop…
During May 2021, the Montenegrin authorities have adopted several amendments to existing laws aimed at improving the current situation in the Montenegrin economy. Adopted amendments to existing laws include: Amendment to existing law on Value Added tax – Increasing the limit for mandatory VAT registration from 18,000 to…
In October 2020, the Georgian government launched a program available for companies offering IT and maritime services wishing to acquire the status of an international company within the country. In just over half a year, 3 maritime and 14 IT companies have already received such international…
To the joy and satisfaction of many employees, the amendments to the Law on Income Tax of the Republic of Srpska are to increase the personal income of all workers. The minimum wage is now 540.00 KM, and the amount of non-taxable income…
As of February 2, 2021, the new Law on Archival Materials is applied in Republic of Serbia. The most important novelty for business entities and companies in the Republic of Serbia is the introduction of new obligations regarding the handling of archival material and documentary…
On May 24th, the president of Ukraine, Volodymyr Zelenski, signed a law that will facilitate a land decentralization program. During his speech on the Ukraine 30 forum, he presented Law #2194, known as the Land`s constitution. Moreover, the Parliament recently…
Are you still looking for your next digital nomad adventure? Location independent movement is gaining traction and more people are considering this dynamic lifestyle. All cities are not equal though and there are certain criteria that make a place a fabulous and preferred spot for Digital Nomads. Do…
Greece has suffered enough the past years due to the worldwide economic depression occurred in 2008. However, Greece has shown great financial improvement the last 3 years owing to: The boost of Tourism, which in 2019 reached almost 40 million…