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 program. The program is limited to just 2,000 applicants and offers the…
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 expansion understandably provokes the doubt among citizenship and…
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 anniversary of Eurofast Ltd but also…
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 establish their base here. Romania is, at this moment,…
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 by investment program. According to him, the program is pending a review. The current…
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 products as well as medicines and…
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 foreign investors have expanded into Albania, Bosnia and Herzegovina, Croatia, Kosovo, North…
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 individuals. The Law – for the first time in…
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, significant progress has been made in the last…
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 a taxpayer is determined by…