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English

AMENDMENTS TO THE GREEK ANTI-MONEY LAUNDERING LAW

Read in Greek While the new Law 4557/2018 on the prevention and suppression of money laundering is still only a few months old and whilst the Central Registry of Beneficial Owners has not yet been implemented as foreseen, a new…

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Albania

Albanian companies given incentives to distribute profits

The new fiscal year in Albania has started with significant changes introduced in the Law on Income Tax. The new law provisions provide for a reduction of the income tax rate on dividends and income sharing, for the shareholders and…

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Albania

Albania changes Law on Gambling

On October 25 2018, the Albanian government approved the changes to the law on gambling which will become effective as of January 1, 2019. The changes will have an essential impact on the gambling industry; the second largest employer in…

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Albania

Albania changes Law on Income Tax; introduces incentives for agro tourism

The Albanian Council of Ministers proposed a draft law to the Albanian Parliament, which introduces several changes to the income tax. The draft law was approved by the Albanian Parliament on the 9th of July 2018. The Law affects the…

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Albania

Albania changes Law on Building Tax

In November 2017, with Law no.107, the Albanian Parliament changed the methodology on which the payment of the tax on buildings was based, introducing fundamental amendments. The building tax is a local tax which is calculated, administered and collected by…

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Cyprus

Cyprus: New Alternative Investment Funds Legislation

On 10th July 2018, the Cyprus parliament approved the new alternative investment funds (AIF) legislation which will replace the existing law and which enables, for the first time in Cyprus, the establishment of Registered Alternative Investment Funds (RAIF) in Cyprus….

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Croatia

New location in Zagreb, Croatia

Eurofast is very happy to announce the relocation to new offices to accommodate its continued growth and future expansion plans, in June 2018. Our team is more than excited about our new offices which are found in the central part…

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Cyprus

BKR Intl EMEA Regional Conference in Cyprus

The BKR EMEA Regional meeting took place at the St Raphael Resort Hotel from 26th to the 28th May 2018. Some 106 delegates and companions enjoyed the meeting, which was hosted by BKR Cyprus member firm, Euroglobal SEE Audit Limited…

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Bosnia and Herzegovina

Republic of Srpska introduces new law on the deadlines for settlement of...

The National Assembly of Republic of Srpska adopted a Law that regulates the deadlines for settlement of financial obligations and penalties applicable in case of failure to comply. The law – published in the Official Gazette no. 31/18 – is…

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Cyprus

Cyprus updates DTTs and protocols; signs new ones

During 2017, and the first quarter of 2018, various double tax treaties’ (DTTs) developments have taken place in Cyprus, with a number of new DTTs, protocols and amending protocols being signed and coming into force. The list of countries with…

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