ArticleBulgaria's New Amendments To Global Minimum TaxBulgaria has introduced key updates to its implementation of the 15% global minimum tax, impacting large multinational groups from 1 January 2024.BulgariaTaxEurofast
ArticleTop Five Reasons To Outsource Your PayrollAnyone that has had the ‘pleasure' of processing payroll will know how a complex and time-consuming task this can be as it requires meticulous record-keeping, comprehensive tax knowledge...CyprusEmployment and HREurofast
ArticleCyprus Introduces New Payment And Crypto Compliance Laws Aligned With EU StandardsIn a major legislative update, Cyprus has implemented three new financial laws to enhance its digital payment ecosystem and strengthen its compliance with EU regulations.CyprusTechnologyEurofast
ArticleHuman vs. Machine: Can Payroll Be Left To The Code Alone?Technology may be fast, but ethics don't always run on algorithms. As automation tools reshape how we manage payroll and HR — calculating salaries, flagging tax issues, even screening CVs — we're left to wonder:CyprusTechnologyEurofast
ArticleGreece Introduces Reduction In Social Security Contributions For Overtime And Holiday WorkEffective March 15, 2025, Greece will implement a new legislative measure aimed at reducing social security contributions by up to 43% for overtime, additional work hours...GreeceEmployment and HREurofast
ArticleChanges In Non-Taxable Amount, Minimum And Maximum Contribution Base In SerbiaStarting 1 January 2025, several key updates to Serbia's tax and contribution regulations have come into effect. These changes, introduced via amendments to the Law on Citizens' Income Tax...SerbiaTaxEurofast
ArticleUAE Implements 15% Corporate Tax For Large Multinationals Starting 2025Starting from January 1, 2025, the United Arab Emirates (UAE) will implement significant changes to its corporate tax regime. This adjustment involves raising the corporate tax rate...United Arab EmiratesTaxEurofast
ArticleFitch Solutions Upgrades Albania's Economic Rating For 2021"Fitch Solutions", a well-known unit of the international rating agency "Fitch", published the latest risk report for the second half of 2021 for Albania.AlbaniaGovernment, Public SectorEurofast
Article30% Reduction In Advance Payments For Albanian Freelancers AnnouncedDiscover the recent 30% reduction in advance installment payments for freelancers by Albania's Tax Directorate. Learn about the revised payment schedule and ongoing legal challenges with Eurofast experts.AlbaniaTaxEurofast
ArticleBig News For Freelancers In Albania: Refund Of Prepaid Profit Tax ApprovedA major win for freelancers in Albania! The Council of Ministers recently approved a normative act enabling the refund of prepaid profit tax installments for self-employed professionals. This decision follows...AlbaniaTaxEurofast
ArticleBulgaria's New Euro Law: What Businesses Need To Know Ahead Of The 2026 Currency TransitionBulgaria is set to adopt the euro as its official currency on 1 January 2026, marking a significant economic milestone. Recent legislative changes have laid the groundwork for this transition, setting out rules on pricing...BulgariaFinance and BankingEurofast
ArticleMontenegro Citizenship By Investment Program News: Government Opens Applications For Agents And Due – Diligence FirmsOn 3rd of January this year, the Secretariat for Development Projects announced the Open Call for intermediary agents and international due diligence agents. CyprusImmigrationEurofast
ArticleIncome Declaration In Albania: Why You Need Professional ConsultancyStarting January 1, 2025, Albania introduces significant updates to the Annual Personal Income Declaration process. These changes aim to enhance transparency and compliance...CyprusTaxEurofast
Article"Tax For All" Platform: Next StepsFollowing our previous article on the new Tax for All platform, the Tax Department announced that the first step to launch the TFA has started. Probably the most important step...CyprusTaxEurofast
ArticleCyprus Joins The Schengen ZoneSIS is a public security initiative through which Member States created a shared database to accommodate a few purposes such as: border control, policing, public security. The database which includes...CyprusTechnologyEurofast
ArticleE-Residency Introduced In GeorgiaGeorgia is becoming a very attractive destination to both live and do business in. The low cost of living and the relatively simple process for obtaining a residence ...GeorgiaStrategyEurofast
ArticleNew Minimum Wage Confirmed At €880 From April 1stAs mentioned in our previous article here, the Greek government had been in discussions to increase the national minimum wage.GreeceEmployment and HREurofast
ArticleCitizenship By Investment In MontenegroThe recent geopolitical situation in the Middle East has motivated a significant number of Asian high net worth individuals to consider moving westward towards European markets...MontenegroImmigrationEurofast
ArticleNorth Macedonia Introduces A New VAT Rate; Hospitality And Catering Sectors AffectedEffective 1 January 2021, the North Macedonian VAT regime has been amended to include a new tax rate of 10%, in addition to the previously prescribed standard rate of 18% and reduced rate of 5%. North MacedoniaTaxEurofast
ArticleSerbia's Eco-Revolution: Small Businesses Gear Up For ESG Compliance In 2024The introduction of Environmental, Social, and Governance (ESG) criteria marks a significant leap forward for Serbia on its journey to align with United Nations compliance standards.SerbiaCorporate/Commercial LawEurofast