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All Country

Eurofast CEO, Christodoulos Damianou appointed Honorary Consul of Ukraine in...

[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…

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All Country

Romania: Company Law to be amended – Law 223 / 30.10.2020

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…

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Bulgaria

HR, Payroll and PEO services in Bulgaria

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…

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Cyprus

Cyprus Investment Programme Cancelled

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…

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Bulgaria

Opening a bank account in Bulgaria

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…

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All Country

Glamping: camping in style and with amenities

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…

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Bosnia and Herzegovina

Bosnia & Herzegovina amends Law on Tax Incentives for Employers

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…

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Croatia

CROATIA OPTS TO EXTEND CROSS-BORDER REPORTING DEADLINES UNDER DAC 6

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,…

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News-Ukraine

The Bureau of Economic Security of Ukraine’s business impact

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….

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Montenegro

Covid measure: VAT rate reductions in Montenegro

In light of the new developments related to the Covid-19 pandemic and the preservation of economic activity, Montenegro has introduced new amendments to the Law on Value Added Tax, specifically for services of preparation and serving of food and beverages…

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