As a response to the sanctions placed on Russia, due to the current state of affairs in Ukraine, Vladimir Putin has signed, on the 8th of August 2023, a decree suspending (not abolishing)...

The Emergency Ordinance No. 13 dated as at the 24th of February 2021, amending and supplementing Law No. 227/2015 on the Fiscal Code and Accounting Law No. 82/1991...

It is an inevitable fact that a wide range of companies will face difficult financial times as a result of the current crisis. This is where we, Eurofast, can step in with tailor-made solutions.

Through the latest ministerial order, the Ministry of Finance has announced the change of National Accounting Standard no. 15, which affects all business units classified as "micro entities".

In Bulgaria, the engagement of third-country nationals (non-EU citizens) through civil contracts is permitted—but only under strict conditions. Employers must understand the legal boundaries...

Adjusting share capital is a key step for many companies in Cyprus as they grow, attract new investors, or refine their ownership structure. For private limited companies...

In recent months, Cyprus has experienced significant credit rating upgrades from major international agencies, signaling a robust economic trajectory and enhanced fiscal stability.

On 20 May 2025, Cyprus introduced a legislative update to the Maternity Protection Law, signalling a significant step forward in employee rights and work-life balance.

As of January 1, 2025, Cyprus will implement changes to the maximum insurable earnings for Social Insurance contributions. Announced by the Cyprus Employers & Industrialists Federation (OEB)...

The end of 2012 marks a great success for Cyprus.

The Cyprus Tax Department (CTD) has set the deadline for submitting the Corporate Income Tax Return (TD4) and the Summary Information Table of Controlled Transactions (SIT) for the tax year 2022 as 28th February 2025.

The letter relates to Letter No. 03-08-05/49439 issued on October 2nd 2014 on the same topic.

Recent amendments to the Georgian Tax Code (GTC) introduce important updates to the way tax enforcement actions are managed. Effective from April 2025, new rules will impact the suspension of the tax limitation period...

The Law on Value Added Tax in Montenegro prescribes the VAT rate of 21%. VAT is calculated and paid at the general rate of 21% of all trade in products, services and imports of products,

on 23 of September, Ukrainian Parliament adopted the Draft Law #5599 that will initiate anti-oligarch policy. As we published previously, Ukraine came up under the control of the group of oligarchs.

The "Mountain Package" is a recent initiative launched by the Albanian government to encourage Albanian emigrants to return and invest in their homeland.

Greece is currently grappling with a significant skills shortage that poses substantial challenges for businesses across various sectors.

During Greece's economic crisis, over half a million skilled Greeks left the country in search of better job prospects and living conditions abroad. This mass exodus, referred to as the "brain drain.

Electronic service quality for all public tax services is one of the main priorities of the Ukrainian Government. They seek to digitize bureaucracy so as to be convenient and understandable...

In today's fast-changing global market, businesses need to adapt, stay compliant, and protect their assets. That's where Eurofast comes in. With decades of experience and a strong presence in multiple jurisdictions...