Newsroom

NOVEMBER 26, 2019

EU Directive requires the reporting of transactions in Romania as of 2020

The Fiscal Authority (FISC) of Romania receives information on the persons who have opened accounts at the banks and financial institutions in Romania and are doing transactions using them. However,...

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NOVEMBER 26, 2019

Greece clarifies rules for the Golden Visa Program

A joint ministerial decision (46440/19/2019) has been published in the national Gazette (4155/12.11.19) clarifying the documents, procedures and all relevant issues in regards to the granting of...

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NOVEMBER 20, 2019

EUROFAST 40 YEARS ANNIVERSARY PARTY (Cyprus)

On Thursday, 7 November 2019, Eurofast celebrated its 40 year anniversary at the Latsia Municipality Theatre in Nicosia, Cyprus, in a wonderful event enjoyed by more than 300 guests. Breath-taking...

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NOVEMBER 18, 2019

North Macedonia increases VAT registration threshold from 2020

The Ministry of Finance of North Macedonia has announced an increase of the VAT-registration taxable turnover threshold from MKD 1 million to MKD 2 million per year. The changes in the threshold...

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NOVEMBER 11, 2019

Ukraine ratifies Protocol to Double Tax Treaty with Cyprus; withholding tax rates affected

On October 30th 2019, the Ukrainian Parliament finally ratified the long-awaited Protocol (concluded in 2015 and ratified by the Cypriot Government in the same year), amending the Cyprus-Ukraine...

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NOVEMBER 11, 2019

Double Tax Convention between Serbia and Israel enters into force

The Convention between the Government of the Republic of Serbia and the Government of the State of Israel on the avoidance of double taxation and the prevention of tax evasion with respect to taxes...

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NOVEMBER 8, 2019

FAVOURABLE TAX REGIME FOR COMPANIES IN ROMANIA

Romania is a place where you should focus on next, be it for your business or for expanding your client base. The recently adopted legislation and the amendments that are to come are encouraging...

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NOVEMBER 5, 2019

България въвежда правила за изготвяне на...

В ДВ. бр. 64 от 13.08.2019 е обнародван Закон за изменение и допълнение на Данъчно- осигурителния процесуален...

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NOVEMBER 4, 2019

Amendments to the CIT Law of the Republic of Srpska introduce incentives for investments

On July 17, 2019, the National Assembly of the Republic of Srpska adopted amendments to the Corporate Income Tax Lax. The most significant changes relate to the different regulation of the tax...

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NOVEMBER 4, 2019

Croatia introduces legislation allowing a range of non-taxable payments to employees

Croatia has introduced new legislation regarding non-taxable payments which became applicable as of September 1, 2019 (Personal income tax act bylaw, Official gazette 80/19). The changes introduced...

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NOVEMBER 4, 2019

VAT treatment of aircraft handling services in Cyprus

In accordance with the Cypriot Value Added Tax – Country Tax Guides issued by the Commissioner of Taxation, the supply, modification, repair, maintenance, chartering and hiring of aircrafts used by...

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NOVEMBER 4, 2019

British Virgin Islands Legislative Amendments

Following our previous notification dated May 2019, The British Virgin Islands (BVI) has passed legislation requiring certain legal entities carrying on Relevant Activities to demonstrate adequate...

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NOVEMBER 4, 2019

Cypriot Registrar of Companies amends regulations; introduces changes

As mentioned in our previous circulars, the Registrar of Companies in Cyprus has proceeded with amending its regulations and has announced that their implementation shall be in force as of 18...

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NOVEMBER 4, 2019

Implications of doing business with non-cooperative jurisdictions: the Greek perspective

The Greek authorities maintain an active list of non-cooperative jurisdictions for tax purposes (including tax heavens). A question we often receive from clients in Greece revolves around the...

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OCTOBER 29, 2019

Bulgaria implements rules for preparation of documentation for Transfer Pricing

In the issue 64/13.08.2019 of The State Gazette, the Law on the Amendment and Supplementation of the Tax and Social Insurance Procedure Code (TSIPC) has been promulgated. A new Chapter 8 A has been...

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OCTOBER 28, 2019

EU updates list on non-cooperative taxation jurisdictions

The European Council, through a press release issued on 10th of October 2019, has publicized an updated the list of EU non-cooperative taxation jurisdictions. The list is now expected to be published...

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OCTOBER 9, 2019

APPLICATION PERIOD FOR THE MONTENEGRIN CITIZENSHIP BY INVESTMENT PROGRAM IS OFFICIALY OPEN!

The long-awaited Citizenship by Investment Program implementation has reached a milestone moment by starting to accept applications. Let us review and outline the precisely set criteria for this...

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SEPTEMBER 11, 2019

Eurofast New Website

Eurofast recently launched its new website eurofast.eu.  The new website offers improved navigation and functionality, creating a user-friendly environment for visitors. The newly redesigned website...

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SEPTEMBER 11, 2019

ARE YOU SUBMITTING YOUR CITIZENSHIP APPLICATION THROUGH A TRUSTED ADVISORY COMPANY?

The Citizenship by Investment industry is constantly growing. Along with the industry, the number of licensed companies – as well as of those that are not credible – is increasing. Such an...

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AUGUST 6, 2019

Eurofast; CEO Message

Dear clients and friends, 2018 was a year of many changes in our organization which were very important in redefining our strategy and the Next Chapter in Our Eurofast Story. 2018 marked the 40th...

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JULY 25, 2019

ROMANIA: One of the best holding jurisdictions

Romania is a place where you should focus next if your business or your clients need a holding structure. The recently adopted legislation is encouraging investment funds and big companies to...

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JULY 25, 2019

Moldova temporarily suspends Citizenship by Investment Program

Moldova’s President, Igor Dodon, during a meeting of Moldova’s Supreme Security Council, informed the local press that the Government had suspended the country’s recently introduced citizenship...

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JULY 25, 2019

Bulgaria amends VAT legislation; changes affect a wide range of sectors

The VAT rate in Bulgaria has remained unchanged at 20% for many consecutive years. Recently,  there has been a lot of debates on the future possibility of amending the VAT rate for certain food...

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JULY 25, 2019

Investing into the Balkans through a Cyprus Alternative Investment Fund

As a collection of emerging markets with strong growth potential, the Balkan countries have firmly positioned themselves on the map of attractive investment locations. Steadily growing numbers of...

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JULY 25, 2019

North Macedonia adopts Law on Partial VAT Refund to Physical Persons

The newly adopted (June 27, 2019) and published (Official Gazette No.133/28-06-2019) Law on Partial VAT Refund to Physical Persons has been met with both enthusiasm and a myriad of questions from...

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JULY 12, 2019

MONTENEGRO – A NEW REGIONAL IT HUB?

This small Mediterranean country – known as the perfect blend of gorgeous coastline and dramatic mountains – has much more to offer then meets the eye. In terms of the business climate,...

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JULY 11, 2019

Georgia introduces rules for classification of taxpayers; amends refund procedure

On February 5, 2019, the Georgian Ministry of Finance issued Order No. 30 on the classification of taxpayers, which has entered into force on February 7, 2019. As stated in the Order, the category of...

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JULY 11, 2019

What is the PSD2 and how is Croatia preparing for a change of game in the payment industry?

PSD2 (Second Payment Services Directive) is an EU Directive with a huge impact on payment processing industry. The traditional role of banks in this sector is drastically changing as they are faced...

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JULY 11, 2019

Republic of Srpska adopts new Law on Games of Chance

Earlier in 2019, the National Assembly of Republic of Srpska adopted the Law on Games of Chance, aiming to improve the organization of games of chance and their introduction into legal frameworks....

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JULY 11, 2019

Serbian Ministry of Finance clarifies the requirement for valid transportation cost documentation

On 25 April 2019, the tax authorities issued an official notice to the Serbian Chamber of Commerce regarding the issue of employees’ transportation cost taking into consideration the Ministry of...

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JULY 11, 2019

Albanian companies given incentives to distribute profits

The 2019 fiscal year in Albania introduced significant changes 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...

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JUNE 11, 2019

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...

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JUNE 11, 2019

Greece: Corporate tax relief voted by the Greek Parliament

Read in Greek The Greek Parliament recently voted in favor of the reduction of the tax rate on income arising from dividends. As a result, the rate has been amended to 10%, from the previously valid...

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MAY 7, 2019

Danish cases: CJEU issues important verdict on beneficial ownership

On 26 February 2019, the Court of Justice of the European Union (“CJEU”) issued its decisions in six cases which deal with the interpretation of the Parent-Subsidiary Directive (“PSD”) and...

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MAY 7, 2019

Saudi Arabia – Cyprus Double Tax Treaty

On 5th March 2018, Cyprus published Notice no. 4237/18 in the Official Gazette, announcing the new double tax treaty with Saudi Arabia. In the case of Saudi Arabia, the treaty covers the Zakat and...

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MARCH 27, 2019

Agencija Standar & Poor’s potvrdila stabilan izgled za Crnu Goru

Agencija za kreditni rejting ”Standard & Poor’s” objavila je novi Izvještaj za Crnu Goru kojim je ponovo potvrdila izgled rejtinga naše zemlje označenog kao „stabilan“,...

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MARCH 27, 2019

Standard & Poors confirmed the stable outlook for Montenegro

The credit rating Agency ”Standard & Poors” confirmed in its new Report that Montenegro has a stable B+/B credit rating. The growth of the Montenegrin economy increased to 4.7% in...

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MARCH 27, 2019

Donijeta odluka o Izboru Agenata za Posredovanje

Sekretarijat za Razvojne Projekte donio je i objavio na svom sajtu Odluku o izboru agenata za posredovanje radi realizacije posebnog razvojnog programa kroz investicije. U saopštenju i Odluci je...

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MARCH 27, 2019

List of selected Agents for Montenegrin Citizenship by Investment Program Published

The Montenegrin Secretariat for Development Projects published on their official website the Decision on Selection of Agents for the CBI program, which states that only 3 out of 22 applications were...

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MARCH 26, 2019

Tax department clarifies Cyprus 60-day rule for nominee directors

Effective as of 1st of January 2017, the so-called “60 day rule” for the purposes of establishing Cyprus tax residency for individuals is of importance to those seeking Cypriot residency. Under...

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MARCH 26, 2019

Obligation to declare UBOs to Greek Ministry of Finance’s Central Register

For the first time this year, legal persons and other entities are obliged to declare their UBO(s) to the Central Register of the Ministry of Finance (MFA). In accordance with the Greek Anti Money...

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MARCH 19, 2019

Draft Law on Amendments to the Law on Fiscal Cash Registers in Republic of Srpska

The Government of Republic of Srpska has published the Draft Amendments to the Law on Fiscal Cash Registers. The changes relate predominantly to the levels and to the duration of the sentence in...

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MARCH 19, 2019

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...

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MARCH 19, 2019

Serbia amends Corporate Income Tax Law; introduces incentives and amends depreciation rules

Changes to the Serbian Corporate Income Tax Law came into effect on January 1, 2019. One of the incentives introduced is the abolishment of the 10% limit on the deductibility of advertising and...

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MARCH 14, 2019

Izmjene u hrvatskim zakonima: Treće poglavlje Porezne reforme

Hrvatska Vlada neumorno radi na oporavku ekonomske slike u državi. Već su iza nas dvije faze porezne reforme, donesene 2017. i 2018. godine, postavljajući preduvjete za novo, treće poglavlje. S...

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MARCH 14, 2019

New Bulgarian legislation introduces requirement for employment of people with disabilities

Bulgarian companies with staff exceeding 50 employees are obliged to open workplaces for people with disabilities, as per the new Disability Act which has entered in force as of 1st January 2019. In...

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MARCH 14, 2019

Greece: Corporate tax relief voted by the Greek Parliament

The Greek Parliament recently voted in favor of the reduction of the tax rate on income arising from dividends. As a result, the rate has been amended to 10%, from the previously valid 15%. The new...

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MARCH 12, 2019

Recent Developments in the Cyprus Companies Law Cap 113

Within the framework of the legislative reform and reorganization of the Cyprus Registrar of Companies, the Cyprus Government has proceeded to the following amendments in the Cyprus Companies Law Cap...

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FEBRUARY 1, 2019

Changes in Croatian legislation: Third chapter of the Tax Reform

The Croatian government is working relentlessly on the recovery of the Croatian economy. Two rounds of tax reforms already took place in 2017 and 2018 respectively, with a third chapter being opened...

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FEBRUARY 1, 2019

New Pension scheme introduced in Georgia

A Pension reform was initiated by the Government of Georgia and entered into force on January 1, 2019. This scheme consists of the activation of a so-called “funded pension”, to which everyone...

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FEBRUARY 1, 2019

COMPANY SETUP AND ADMINISTRATION IN BULGARIA

Congratulations, you have chosen a very perspective country to invest in; one with a stable economy in the last few years, an easy procedure for company registration and a transparent tax system with...

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FEBRUARY 1, 2019

Montenegro Citizenship by Investment Program News: Government opens applications for Agents and Due...

The Government of Montenegro adopted the Decision on criteria, method and procedure for selection of persons who may acquire Montenegrin citizenship by admission for the purpose of implementation of...

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FEBRUARY 1, 2019

Montenegro – Portugal Income Tax Treaty enters into force

On 10th December 2018, Portugal published Notice no. 144/2018 in the Official Gazette, announcing the new income tax treaty with Montenegro. The treaty covers Montenegrin corporate profit tax and...

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JANUARY 18, 2019

Shqipëria ndryshon Ligjin për Lojrat e Fatit

Në datën 25 Tetor 2018 qeveria shqiptare aprovoi ndryshimin e ligjit për lojrat e fatit i cili është efektiv nga 01 Janar 2019. Ndryshimet do kenë nje ndikim të rëndësishëm në industrinë...

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JANUARY 18, 2019

Shqipëria ndryshon ligjin mbi të Ardhurat; prezanton iniciativat për turizimin

Këshilli i Ministrave propozoi projektligjin në Parlamentin Shqiptar i cili prezanton disa ndryshime në tatimin mbi të ardhurat. Ky projektligj u aprovua nga Parlamenti në datën 09 Korrik 2018....

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JANUARY 15, 2019

Ugovor o izbegavanju dvostrukog oporezivanja Srbija -San Marino stupa na snagu

Srbija i San Marino potpisali su Ugovor o izbegavanju dvostrukog oporezivanja 16. aprila 2018. godine, što je rezultiralo uklanjanjem San Marina sa srpske liste zemalja sa preferencijalnim poreskim...

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JANUARY 15, 2019

Izmene I dopune Zakona o PDVu u Srbiji; prosirenje mogucnosti za povracaj PDVa stranim kompanijama

19.aprila 2018.godine Narodna Skupstina Srbije je donela izmene I dopune Zakona o PDVu. Usvojeni zakon je objavljen u Sluzbenom glasniku Br. 30/2018. i stupio je na snagu 1. jula 2018.godine, sa...

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JANUARY 14, 2019

ელექტრონული ბინადრობის მოწმობა...

საქართველო დროთა განმავლობაში სულ უფრო მეტად მიმზიდველი ქვეყანა ხდება...

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JANUARY 14, 2019

საქართველო ახალ საბაჟო კოდექსს...

საქართველო განაგრძობს ბიზნესისთვის გამარტივებული საგადასახადო და...

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DECEMBER 20, 2018

MEPs agree on new rules to tax digital companies’ revenues

On December 13, 2018, the Members of the European Parliament (MEPs) confirmed their legislative proposals in respect to the imposition of a Digital Services Tax (hereinafter “DST”) for entities...

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DECEMBER 19, 2018

Few things to know before starting a business in Montenegro

According to the latest World Bank 2018 annual ratings, Montenegro is ranked 50th among 190 economies in the ease of doing business ratings. In the long-term, the ease of doing business is projected...

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DECEMBER 18, 2018

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...

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DECEMBER 18, 2018

The Accounting profession: winds of change

Robotic process automation (RPA) is affecting all sorts and types of industries, and the accounting profession is by no means an exception. RPA can help companies from multiple industries execute...

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DECEMBER 17, 2018

Alignment of the Croatian AML Act to the 4th EU Directive

The first Croatian Anti-money laundering Act was adopted in 1997 and with it, Croatia implemented international standards and sets out strong grounds for the prevention and fighting of money...

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NOVEMBER 30, 2018

Montenegro as a key destination for investors and a new home for global citizens

A tiny Mediterranean country, settled between the borders of ex-Yugoslavia member states, is in the spotlight for its rapid and sustainable growth. The beautiful blend of stunning mountains and clear...

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NOVEMBER 22, 2018

Bulgarian new AML measure requires urgent action by companies

In March 2018, the 4th EU Money Laundering Directive was implemented, known as MLD4, which came into force in June 2017. With this Directive, Bulgaria adopted a new anti-money laundering measure that...

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NOVEMBER 22, 2018

Romania increases minimum differentiated wage

The Romanian Government has adopted an emergency ordinance on 9th of November 2018 which provides for the amendment of the Labour Code. The changes introduce the definition of a minimum...

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NOVEMBER 21, 2018

Croatia signs agreement on avoidance of double taxation with Japan

2018 is a year in which Croatia and Japan celebrate the 25th anniversary of their diplomatic relations. This milestone is further marked with the signing of the agreement on avoidance of double...

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NOVEMBER 21, 2018

Amendments to the Law on Cash Registers in Brčko District

On 17 October 2018, the Assembly of Brčko District adopted amendments to the Law on Cash Registers, essentially narrowing the list of persons who are subject to an obligation to register invoices...

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NOVEMBER 20, 2018

Η Κύπρος αυξάνει τις εισφορές Κοινωνικής Ασφάλισης το...

Οι εισφορές του Ταμείου Κοινωνικών Ασφαλίσεων (SIF) θα αυξηθούν αρχίζοντας από τον Ιανουάριο του 2019, ενώ οι...

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NOVEMBER 20, 2018

Cyprus hikes social contributions in 2019; introduces NHIS

Cyprus Social Insurance Fund (SIF) contributions will increase starting from January 2019 while contributions for the implementation of the National Health Insurance System (NHIS) will commence in...

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NOVEMBER 19, 2018

FYR Macedonia introduces progressive personal income tax; increases tax expenditures for companies

After 10 years of 10% flat personal income tax rate in FYR Macedonia, the Ministry of Finance has recently abolished the approach and introduced the Law on progressive personal taxation which has...

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NOVEMBER 14, 2018

Kosovo ratifies tax treaty with Austria

On the 8th of June 2018, the republics of Kosovo and Austria signed the Convention for elimination of double taxation with the purpose to develop their economic relationship and to enhance their...

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NOVEMBER 14, 2018

Serbia-San Marino DTT enters into force

Serbia and San Marino signed a DTT on April 16, 2018, thus effectively resulting in the removal of San Marino from the Serbian list of countries with a preferential tax regime. The Law on...

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NOVEMBER 14, 2018

E-residency introduced in Georgia

Georgia is becoming a very attractive destination to both live and do business in. The low cost of living and the relatively simple process for obtaining a residence, coupled with its status as an...

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OCTOBER 30, 2018

Brexit: spotlight on opportunities in Croatia

In June 2016, the citizens of Great Britain voted to leave the European Union. In order to implement the referendum result and pursuant to the article 50 of the Lisbon Treaty, the UK government...

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OCTOBER 30, 2018

DEVELOPMENT IN THE NORTH OF MONTENEGRO: THE NEXT BIG THING?

Many know Montenegro for its reputation as a rapidly growing high-end destination, following recent multi-million euro developments on the coast. But, what makes this Mediterranean country a true...

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OCTOBER 15, 2018

Georgia announces new Customs Code

Georgia continues to pursue a business-friendly tax and customs policy, which – along with economic reform – implies a complete harmonization of the legislation with EU standards. At this...

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OCTOBER 15, 2018

Approach of Greek authorities in determining a valid foreign proof of tax residence

In Greece, an individual who has moved abroad must file an application to the local authorities in order to demonstrate a new address should they wish to change their status from resident to non-tax...

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SEPTEMBER 21, 2018

Чорногорія є ключовим напрямком для інвесторів та...

Крихітна середземноморська країна, розташована між країнами – членами колишньої Югославії, знаходиться...

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SEPTEMBER 21, 2018

Το Μαυροβούνιο ως βασικός προορισμός για Επενδυτές...

Μια μικρή μεσογειακή χώρα, ανάμεσα στα σύνορα των χωρών της πρώην Γιουγκοσλαβίας, βρίσκεται στο προσκήνιο...

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SEPTEMBER 21, 2018

მონტენეგრო – მთავარი დანიშნულების...

ხმელთაშუა ზღვის ეს პატარა ქვეყანა, რომელიც ყოფილი იუგოსლავიის წევრ...

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SEPTEMBER 20, 2018

Take a sneak peek into the top 3 development projects in Montenegro

With just 650,000 inhabitants and total area of 13,812 km2 Montenegro is considered to be the smallest country in the Balkans. It is frequently said that it is actually a small country with a big...

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SEPTEMBER 20, 2018

مونته نگرو، مقصد کلیدی برای سرمایه گذاران و خانه ای...

یک کشور کوچک مدیترانه ای که در بین مرزهای کشورهای عضو یوگسلاوی سابق واقع شده است، با سرعت در جهت رشد و...

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SEPTEMBER 18, 2018

New Cyprus legislation improves rights of expecting and new mothers

Becoming a parent is undoubtedly a special and unique experience and as such requires careful consideration and approach for both parents. Women’s care during pregnancy and the post-partum period...

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SEPTEMBER 13, 2018

Montenegro as a key destination for Investors and a new home for global citizens

A tiny Mediterranean country, settled between the borders of ex-Yugoslavia member states, is in the spotlight for its rapid and sustainable growth. The beautiful blend of stunning mountains and clear...

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SEPTEMBER 13, 2018

Central Bank of Egypt defends Secrecy of Bank Accounts

Head of the Tax Authority (ETA) of Egypt, Emad Sami, revealed on August 26th that an amendment to the Income Tax Act has been drafted to allow the Minister of Finance to access corporate bank...

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SEPTEMBER 11, 2018

Tax incentives for Research and Development in Croatia

In the period between 2007 and 2014, tax incentives in Croatia for research and development projects were granted based on the Act on Scientific Activity and Higher Education, namely articles 111 a)...

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SEPTEMBER 11, 2018

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...

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SEPTEMBER 11, 2018

Serbia amends VAT Law; extends possibilities for VAT refund to foreign companies

On April 19th, 2018, the Serbian Parliament adopted the Law on Amendments to the VAT Law. The adopted Law was published in the Official Gazette No. 30/2018 and came into force on 1st of July 2018,...

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SEPTEMBER 10, 2018

Georgia concludes Double Tax Treaty with Saudi Arabia

On 14 March 2018, officials from Georgia and Saudi Arabia signed an income tax treaty which has been forwarded for ratification. The main goal of signing the agreement is to increase economic...

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SEPTEMBER 10, 2018

Treaty between Russia and Cyprus: Russian MoF clarifies dual tax residence status of individuals

On the 6th of June 2018, the Ministry of Finance of Russia (hereinafter “MoF”) published a Guidance Letter No. 03-04-06/33393 as of 17th of May 2018 clarifying the tax residency status of an...

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SEPTEMBER 10, 2018

Favorable terms for BH entities exporting to USA

With the new revision of the US Congress, the Decision on extending the GSP (Generalized System of Preferences), which allows goods produced in Bosnia and Herzegovina to have authorized customs...

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SEPTEMBER 10, 2018

FYR Macedonia extends application of preferential VAT rate to first sale of residential buildings...

In 2009, as an anti-crisis measure, the FYR Macedonian government introduced the application of the preferential VAT rate of 5% to the first sale of residential buildings. While initially planned to...

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AUGUST 29, 2018

Citizenship by Investment in Montenegro

The global geopolitical situation, has motivated a significant number of worldwide millionaires to move its wealth to western and European markets, contributing considerably to the development of the...

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AUGUST 21, 2018

جمهوری صربستان، مقصد ایرانیان برای گردشگری و تجارت

با افزایش سطح روابط بین جمهوری اسلامی ایران و جمهوری صربستان و تمایل دو کشور به توسعه همکاری ها در زمینه های...

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AUGUST 20, 2018

Bulgaria introduces possibility for electronic storage of employment documents

The Bulgarian Ministry of Labour and Social Politics recently adopted an ordinance for employment-related electronic documents and the requirements for their creation and storage in an employee’s...

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AUGUST 20, 2018

BH’s Republic of Srpska issues Rulebook on Tax adviser License

Almost 10 years after the adoption of the Law on Tax Consultancy, on 14 February 2018 the Ministry of Finance adopted the Rulebook on Tax Advisers’ Licenses (the Rulebook), which then entered...

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AUGUST 20, 2018

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...

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AUGUST 20, 2018

Serbian arm’s length interest rates for 2018

The Ministry of Finance of Serbia has adopted the Rulebook on arm’s length interest rates for 2018 (“Official Gazette of the Republic of Serbia”, No. 18/18). The new rulebook...

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