Despite COVID-19, the international tax environment continues to transform. Has your organization updated its method of operation to comply with the new requirements? The EU Anti-Tax Avoidance Directive (“ATAD”) contains five legally binding anti-abuse measures implemented by most Member States…
[print_link] We are pleased to announce that in August 2020, Mr. Christodoulos Damianou, the Group CEO of Eurofast was appointed Honorary Consul of Ukraine in the Republic of Cyprus with jurisdiction over the district of Nicosia and Famagusta. His Excellency…
In an effort to reduce bureaucracy when operating limited liability companies, Romania has amended its Company Law that will come into force 3 days following its publication in the National Gazette, relating to SRLs as follows: • Flexibility of the…
In recent years, Bulgaria has been an increasingly attractive destination for the outsourcing of businesses in numerous industries. As a member of the European Union, Bulgaria has well-developed macroeconomic policies and is considered as one of the most financially stable…
In an Extraordinary General Meeting of the Cyprus Parliament on 13 October 2020, the Council of Ministers has voted and decided to cancel the Citizenship by Investment Programme. In its official press release, the Republic of Cyprus announced that the…
In recent years, Bulgaria has become one of the most attractive destinations for investments. The country is renowned as a center of operations for foreigners’ businesses as a result of numerous reasons such as: Political and business stability Bulgaria enjoys…
Glamping is a glamorous way of camping. It is designed for those who enjoy spending time in nature without wanting to sacrifice luxury accommodation. This unique experience includes all the essentials that campers need along with a luxury tent offering…
In order to clarify the application of tax incentives, on 22 July 2020, the National Assembly of the Republic of Srpska (RS) adopted amendments to the Law on Incentives in the Economy. In the Law on Incentives in the Economy…
As a result of COVID-19 pandemic, on 24 June 2020, the European Council reached an agreement on an optional delay to the reporting deadlines regarding cross-border arrangements under EU Directive 2018/822 (DAC 6). About DAC 6 Through the DAC 6,…
On September 3rd 2020, the supreme legislative body of Ukraine (Verkhovna Rada) adopted a Draft Law № 3087-d “On the Bureau of Economic Security of Ukraine” through which it proposes the establishment a single body that will investigate economic crimes….