As of July 1st, new VAT rules enter into force in the European Union, which facilitate the fulfillment of the existing obligations related to the VAT and reduce the administrative burdens for the companies...

On October 12, Ukraine signed a Common Aviation Area Agreement (CAAA) with the European Union. Since Ukraine was the 13th largest extra-EU market in 2019, with 9.8 million passengers, ...

In 2022 – 2023 basic reserve currencies decreased in comparison to the Georgian Lari respectively: EUR-21%, GBP-25%, CHF-17% and USD-19%. The chart shows the dynamics of these currencies...

Since 2020, a highly important wide-scale change was implemented regarding tax administration. Based on the declarations submitted for a particular month...

The tourism sector, which employs about 150,000 people, has been hit tremendously by the COVID-19 pandemic.

A new service –Tax Calculator – developed by the National Statistics Service of Georgia ("Geostat"), was recently launched in Georgia.

The tax debts collection strategy in Georgia is changing from automatic fiscal punishment approach to a preventive measures' implementation style. Previously, in case of any kind of tax debt, regardless...

For several consecutive years, Georgia has maintained a leading position in the field of crypto currency mining in the world.

The Free Trade Agreement between Serbia and China, effective July 1, 2024, opens up a significant opportunity for Serbian businesses.

Embarking on a journey of modernization, the Greek Parliament has just given the nod to Law 5053/2023 after an extensive public consultation period.

Shortly after the war commenced, Greece enacted a legislative framework regarding Ukrainian citizens that have been displaced after 24.02.2022 due to armed conflict.

In aiming to attract investments and foster its economy, the Greek government is preparing its new draft bill that will provide further reductions in taxes and social security contributions. Specifically, the new draft bill is expected ...

A radical decision was taken by the Greek Parliament with the adoption of Article 171 of Law 4972/2022.

North Macedonia has taken a significant step forward in its battle against corruption and organized crime with the recent enactment of the Law on Civil Asset Forfeiture.

The Ministry of Public Finances will guarantee up to 80% of the value of the financing granted to SMEs in light of the current COVID-19 situation. Interested companies should note the following...

On December 31, 2024, Emergency Ordinance no. 156/2024 was published in the Official Gazette, bringing notable changes to Romania's fiscal framework for 2025.

The Serbian government has withdrawn its proposed amendments to the Law on Citizenship from the parliamentary procedure.

On 14 April 2021 the Official gazette of the Republic of Serbia No.37 published that the Ministry of Finance of Serbia adopted a Rulebook on the Value Added Tax.

Taxpayers can submit applications for deferral or installment payment of tax liabilities under intervention legislation until 30 June 2021.

After 19 years of discussions, changes and ameliorations, on March 31st 2020, the supreme legislative body of Ukraine (Verkhovna Rada) adopted the so-called "land bill" #552-IX. The "Law on Circulation of Agricultural Lands"...