Business always follows the basic economic principle being that of maximizing revenue and minimizing expenses. Governments are always interested in the development of business via the creation of new jobs, higher productivity, GDP as well as taxation implemented via special…
According to the International Data Corporation, the IT industry seems to have been less hit by the COVID-19 crisis compared to other business sectors worldwide. The experience gained in 2020 will help to reshape not only companies but also governments…
Times magazine recently announced that 2020 is the worthiest year in world history. For Eurofast, 2020 brought a number of challenges as well as plenty of opportunities. Throughout the past year, Ukraine officially launched the land market, the pilot project of E-residency, took a step forward in establishing the Bureau of Economic Security, introduced the new Anti-BEPS Law with the CFC rules and…
It has been a while since the world found itself some peace and rest. The COVID-19 outbreak has not only introduced to us the virus itself, but also a new era of masks, sanitizers and “home office”. Countries, as well…
On September 3rd 2020, the supreme legislative body of Ukraine (Verkhovna Rada) adopted a Draft Law № 3087-d “On the Bureau of Economic Security of Ukraine” through which it proposes the establishment a single body that will investigate economic crimes….
[print_link] On Thursday, June 25, the Cabinet of Ministers of Ukraine adopted a decree “On implementation of a pilot project of electronic residency in Ukraine”. The Minister of Digital Transformation, Fedorov Mikhail, believes this step will have a positive impact…
[print_link] Supported by the OECD, the Base Erosion and Profit Shifting (BEPS) Action Plan is spreading across the world to eliminate different tax avoidance strategies. On May 23, the supreme legislative body of Ukraine (Verkhovna Rada) adopted the so-called Anti-BEPS…
[print_link] April in Kyiv was an intense month, not only because of the globally challenging coronavirus crisis, the new land and medical reforms but also due to the new National Bank of Ukraine (NBU) regulations. The recently adopted, by 246…
[print_link] After 19 years of discussions, changes and ameliorations, on March 31st 2020, the supreme legislative body of Ukraine (Verkhovna Rada) adopted the so-called “land bill” #552-IX. The “Law on Circulation of Agricultural Lands” was signed by the President of…