• Non-taxable occasional rewards during holiday season

    30th December, 2021
    In Croatia, during the holiday season, employees and their children are likely to be given occasional or special rewards as a non-taxable bonus by their employers. Such measure is, of course, optional to the employers, however, it consists of…
  • Albania: Significant changes in the Law for UBO Registration

    30th December, 2021
    The Parliament of Albania recently announced amendments in the Law on the register of beneficiary owners, through a new draft law The changes made are…
  • New Fiscalisation Model in Republic of Srpska

    30th December, 2021
    Starting from January 2022, a new model of fiscalisation will come into force in the Republic of Srpska. That will enable the suppression of the gray economy,…
  • Greece: Certain tax changes have been included in the draft Budget of 2022

    30th December, 2021
    Corporate taxation  Greece enacted the reduction of the CIT rate from 24% to 22%, from 2021 onwards. This measure has already been adopted…
  • UK companies able to continue to operate in the EU pending final sign off

    15th December, 2021
    The Cyprus Securities and Exchange Commission (“CySEC”) announced on December 14th, 2021, the amendment of Directive 87-04. The amendment relates to the provision of investment…
  • Ukraine opens own sky to European flights

    30th November, 2021
    On October 12, Ukraine signed a Common Aviation Area Agreement (CAAA) with the European Union. Since Ukraine was the 13th largest extra-EU…
  • Cyprus introduces new strategy for attracting companies to the country

    29th November, 2021
    On 15 October 2021, the Minister of Finance of the Republic of Cyprus, Mr. Konstantinos Petrides, announced the Action Plan for Attracting Companies to Operate and…
  • Κύπρος: Παράταση Προθεσμίας για εφαρμογή της Οδηγίας DAC-6

    23rd November, 2021
    H Eurofast θα ήθελε να σας ενημερώσει ότι το Τμήμα Φορoλογίας έχει δώσει εκ νέου παράταση στην εφαρμογή της οδηγίας για υποχρεωτική αποκάλυψη και ανταλλαγή πληροφόρησης για διασυνοριακές ρυθμίσεις (DAC-6) μέχρι τις 31 Ιανουαρίου 2022.   Η εφαρμογή της οδηγίας DAC6 συνεχίζει να είναι αναδρομική και αφορά δηλωτέες διασυνοριακές ρυθμίσεις μετά την 25η Ιουνίου 2018 με τις ακόλουθες προθεσμίες:   Διασυνοριακές ρυθμίσεις που έχουν…
  • Cyprus: Additional Deadline Extension for DAC6 Implementation

    23rd November, 2021
    Eurofast would like to inform you that an additional extension of the deadline until January 31st, 2022 has been given by the Tax Department, as regards mandatory automatic exchange of information…
  • Montenegrin government proposes ambitious economic plan “Europe Now"

    22nd November, 2021
    On November 4th, the government of Montenegro announced the Europe Now program which sets the strategic goal of Montenegro's economic policy - achieving smart, sustainable, and inclusive economic growth that will contribute to improving the quality of life of all…

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