Impact on TP Study & Income Tax for 2021 The Ministry of Finance of Serbia has adopted the Rulebook on interest rates for 2021 that should be applied for the purposes of calculation of income taxes and also can be…
Eurofast would like to inform you that from April 1st, 2021, the Registrar of companies shall impose penalties for every company that fails to timely file its annual return. Upon the first day of non-compliance the late filing fee shall amount to fifty euro (€50) plus a further charge of one euro (€1) for every day for the first 6…
The EU’s Action Plan on Sustainable Finance has, since 2016, pursued the implementation of regulatory measures aimed at introducing market standards and legal obligations in the field of sustainable finance. The “Sustainable Finance Disclosure Regulation” (“SFDR”), adopted in 2019, is supplemented by the EU’s Taxonomy Regulation and…
Transfer Pricing documentation for all types of intra-group transactions has been applicable to Greek entities for over a decade. However, a lot has changed the past few years, in fact, even the relevant law itself, during the pre-BEPS period and…
The Law on Value Added Tax in Montenegro prescribes the VAT rate of 21%. VAT is calculated and paid at the general rate of 21% of all trade in products, services and imports of products, except for trade in products, services and imports…
Effective 1 January 2021, the North Macedonian VAT regime has been amended to include a new tax rate of 10%, in addition to the previously prescribed standard rate of 18% and reduced rate of 5%. This is the first time…
Financial motivation alone is never enough to decide upon one’s return to a country or even to move to another employer. The excellent lifestyle, the mild climate along with the working conditions play a vital role in such decision making….
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…
The most important specifications of the law that came into force on October 3rd, amending and completing the Labour Code, are the following: Any Romanian who is interested in being employed, can be assisted at the time of negotiating or…
North Macedonia became the 117th member to join the Inclusive Framework (“IF”) for the global implementation of the Base Erosion and Profit Shifting (BEPS) Project in August 2018. Under this framework, North Macedonia was committed to implement Action 5, Action…