If a recipient of the dividends does not meet those requirements, the standard 15% rate of the WHT should be applied.

Since 2022, Ukraine has implemented stringent reporting rules concerning Controlled Foreign Companies (CFCs). These regulations impact individuals who hold significant stakes in foreign companies.

As we stand at the nexus of traditional financial practices and the cutting-edge innovations of the digital age, AI has emerged as the catalyst of transformation, offering unprecedented insights...

The regulations for granting VAT refunds to foreign taxable persons were published in Official Gazette No. 78 of Bosnia and Herzegovina on 4 December 2020

Bulgaria is a destination of contradictions and of all combinations.

In terms of the business climate, significant progress has been made in the last couple of years towards streamlining business start-up procedures.

The respective information is required for military mobilization purposes and should be provided to the State or local authorities upon their written request.

The introduction of the General Data Protection Regulation (GDPR) and Anti-Money Laundering (AML) regulations has created a complex landscape for businesses operating within the European Union.

Cyprus remains one of the Mediterranean's most appealing real estate destinations, thanks to its stable economy, investor-friendly policies, and high quality of life.

In the IMD World Competitiveness Ranking 2025, Cyprus slipped from 43rd to 44th place out of 69 economies. While the shift appears small, the underlying metrics reveal key changes in the island's investment...

The Cyprus Tax Department has released the TD59 "Claim for Allowances" form for the 2026 tax year, applicable from 1 January 2026.

As Greece continues its push toward modernising the labour market, the Digital Work Card (Ψηφιακή Κάρτα Εργασίας) expands its reach to new sectors. Starting Thursday, 26 June 2025...

The Albanian government has introduced further clarity on the much-discussed "Mountain Package", a strategic initiative encouraging individuals—especially members of the Albanian diaspora...

Durana, designed as a "mini-city" entirely dedicated to technology, brings together studies, research, experience, and best practices gathered from saround the...

On Sunday, March 15th 2020, the Cypriot Government unveiled a series of measures aimed at assisting small and medium sized companies address the adverse effects of the Covid-19 crisis.

Further information has been announced by the Ministry of Labour, Welfare and Social Insurance in regards to the application of the Special Scheme for Partial Suspension of Business for coping with the

In a noteworthy development, the Minister of Economy of the Republic of North Macedonia recently revealed that the national minimum wage is set to increase to MKD 22,500 (approximately EUR 365) starting from March 2024.

As a collection of emerging markets with strong growth potential, the Balkan countries have firmly positioned themselves on the map of attractive investment locations.

The recent increase in the interest of third-country (non-EU) nationals to temporarily or permanently reside in Cyprus is a direct result of the country's attractive living and working conditions.

On 15th of February 2017, Cyprus adopted the "Startup Visa" (Startup Permit Scheme) for third country nationals interested in residing and investing in innovative businesses in Cyprus.