Pursuant to subsection (2) of section 111A of the Civil Registry Laws of 2002-2013, the government of the Republic of Cyprus enforced a number of favourable incentives to encourage foreign direct investment into the country, as well as to attract…
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 Law #466-IX that…
The transfer of a newly built property (before its first use/occupation), as well as of the plot on which the building is situated, is generally subject to VAT in Greece, provided that the building permit is issued or revised from…
A business cannot function without a bank account. However, opening one nowadays has become – in some instances – a complex procedure that needs professional untangling. In the present age of technology, further intensified by the current pandemic, our reality…
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 deputies…
On January 17th,2020, the double tax treaty between the Government of the Republic of Kazakhstan and Government of the Republic of Cyprus was ratified. The DTT Convention on income tax will enter into full force from 1st January 2021. The…
Montenegro was affected by the Covid-19 pandemic and crisis much like the rest of the world. This unprecedented situation has disrupted all aspects of economy, including the recently introduced Citizenship by Investment Program. However, its not only the Montenegro program…
In aiming to attract investments and foster its economy, the Greek government is preparing its new draft bill that will provide further reductions in taxes and social security contributions. Specifically, the new draft bill is expected to reduce to social security contributions paid…
At Eurofast we have long believed that solid and consistent corporate social responsibility (CSR) policies constitute a cornerstone to our identity and brand both towards our customers as well as towards the people we depend on the most: our employees….
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 Ukraine,…