In Bulgaria, the Trade Secrets Protection Act governs the safeguarding of confidential information. The Act defines trade secrets as information not generally known or easily accessible...

In Croatia, during the holiday season, employees and their children are likely to be given occasional or special rewards as a non-taxable bonus by their employers.

Croatia and Kosovo have been historically involved in a good economic and political relationship and are continuing to strengthen the commercial exchange.

With a total of 15 action points, the OECD's BEPS project aims at fighting the artificial shift of profits from jurisdictions with high taxes to tax havens, often as a part of an entirely legal strategy used by MNEs.

On the 15th of February 2024, the Plenary of the Cyprus Parliament ratified a noteworthy amendment to the Companies Law (Cap.113), signifying a pivotal...

Recently, The Institute of Certified Public Accountants of Cyprus (ICPAC) proposed an alternative option to the assurance of the financial statements of very small entities.

Bulgaria is currently undergoing a substantial transition from traditional paper-based food vouchers to the modernized realm of electronic equivalents. Over time, many employers in Bulgaria...

Discover how the United Nations Development Programme (UNDP) and British Embassy partnership in Bosnia and Herzegovina is driving a digital revolution in public administrations.

The credit rating Agency ''Standard & Poors'' confirmed in its new Report that Montenegro has a stable B+/B credit rating.

The Cyprus Immigration Authorities have made an announcement regarding a new and accelerated procedure for the purpose of granting an Immigration Permit in Cyprus.

In our continued exploration of the impending changes to the Cyprus Social Insurance Fund, there's more than meets the eye since our last update on October 5, 2023.

The Ministry of National Economy and Finance in Greece has introduced significant amendments to the Golden Visa provisions aimed at addressing the country's housing problem.

The regenerative economic model of the circular economy has surpassed all expectations that it will dominate the future as a sustainable economic growth model.

The Cyprus government passed new tax incentives on 26 July 2022. The scheme is along with the One Stop Shop, and the granting of visas and work permits to the spouses...

In Greece, an individual who has moved abroad must file an application to the local authorities in order to demonstrate a new address should they wish to change their status from resident to non-tax resident.

During a period of intensive efforts towards attracting foreign investors and building a developed business system, the Cypriot Council of Ministers has approved new attractive tax incentives.

The OECD published comments it received related to the conforming amendments to Chapter IX of the OECD Transfer Pricing Guidelines, "Transfer Pricing Aspects of Business Restructurings" which were issued on 4th July.

In accordance with the Cypriot Value Added Tax – Country Tax Guides issued by the Commissioner of Taxation, the supply, modification, repair, ...

A comprehensive amendment of the full tax law is expected next year, including more strict penalties for tax evasion.

Germany's assumption of the Presidency of the EU began on the 10th of July 2020. Along with it came the long-awaited announcement that Bulgaria and Croatia entered...