Christodoulos Damianou, together with colleagues Christos Theophilou and Demis Ioannou of Taxand Cyprus present a case study of how the Cypriot tax authorities use safe harbour rules in determining arm’s-length interest rates. Transfer pricing has always been a challenging exercise,…
Eurofast has emerged as one of the top 10 payroll service providers worldwide for 2021 according to CIOLook’s annual survey. With continuous growth, Eurofast continues to prove that it is progressing successfully, showing respect to its customers and remains committed…
Eurofast is delighted to announce that it has been named “Transfer Pricing Advisory Firm of the year” in South East Europe at this year’s Global Awards. Corporate International Awards honor and award the world’s leading financial and business consultants every…
We are pleased to announce that in August 2020, Mr Christodoulos Damianou, the Group CEO of Eurofast was appointed Honorary Consul of Ukraine in Nicosia with jurisdiction over the district of Nicosia and Famagusta. His Excellency Nicos Anastasiades, the President…
Business always follows the basic economic principle being that of maximizing revenue and minimizing expenses. Governments are always interested in the development of business via the creation of new jobs, higher productivity, GDP as well as taxation implemented via special…
Eurofast would like to inform you that on the 25th of June 2018, the EU Council Directive 2018/822 (commonly referred to as “DAC6”) was published in the Official Journal of the EU. DAC6 amends EU Council Directive 2011/16/EU on administrative…
Whilst in everyday life disputes between individuals are commonplace, the same happens within organizations. Disputes are an inevitable byproduct of doing business and the nature of litigation is increasingly complex. Eurofast can assist you. Our ServicesMeasurement and representation of the…
Certain changes to the Bulgarian Social Security legislation were published in the Bulgarian State Gazette No 103/4.12.2020, that entered into force on the 1st of January 2021. The amendments are summarized below: BGN Minimum amount of the monthly remuneration…
The regulations for granting VAT refunds to foreign taxable persons were published in Official Gazette No. 78 of Bosnia and Herzegovina on 4 December 2020. The legislation aims at harmonization of the VAT rules for granting VAT refunds to foreign…
Recently, the Albanian government has published certain changes to the tax legislation which are effective as of January 1st 2021, affecting a wide range of taxes. Increase of the VAT threshold According to Decision no.576 dated July 22th, 2020, published…