ArticleUkraine Officially Legalises CryptocurrenciesIn one of our previous articles, we wrote about the intention of the Ministry of Digital Transformation to legalise cryptocurrencies in Ukraine.UkraineTechnologyEurofast
ArticleUkraine Equates The E-Passport To The Regular PassportOn March 15, the Ukrainian Cabinet of Ministers implemented Decree #278, allowing for e-passports to equate to regular passports. E-passports are digital analogues of paper documents and are currently available in the government based app – "Dija".UkraineTaxEurofast
Article10 Reasons A Cyprus Citizenship Can Change Your LifeHaving a Cyprus citizenship broadens your professional opportunities and career growth, as only EU citizens have the freedom to move to an EU country and be easily employed without a work permit. CyprusWealth ManagementEurofast
ArticleStandardising Client Policies For Trust And ComplianceIn today's fast-paced and regulated business environment, having standardised client acceptance policies and processes is crucial for companies aiming to deliver reliable...CyprusCorporate/Commercial LawEurofast
ArticleWhy Are More And More Companies Choosing To Outsource Their Payroll Function?The most obvious reason is cost; the time spent calculating wages, taxes, various contributions and finally paying employees is greatly reduced when the process is outsourced.CyprusEmployment and HREurofast
ArticleSimplified Procedures For Debtor/Bankrupt Bank Account OpeningIn the context of streamlining procedures and avoiding lengthy processes, the Insolvency Service and the Bankruptcy and Liquidation Companies' Division of the Registrar of Companies and Official Receiver of Cyprus announced that...CyprusInsolvency/Bankruptcy/Re-StructuringEurofast
ArticleCyprus Rated Safest Country For Young PeopleAccording to the global youth mortality rates based on the World Health Organisation's ("WHO") data for 2015, Cyprus has been analysed to be the safest of 184 countries for young people...CyprusStrategyEurofast
ArticleCyprus Tax Department's Blueprint For Transfer Pricing And Related Parties TransactionsIn response to recent developments by the Cyprus Tax Department, Transfer Pricing regulations are undergoing significant changes, as per the circular issued on February 1, 2024.CyprusTaxEurofast
ArticleUpdates From Cyprus Tax Department: New Version Of Stamp Duty CalculatorCyprusTax Department would like to inform that for documents processing with variable fees purposes, a new version of the Stamp Duty calculator has been uploaded on the website...CyprusTaxEurofast
ArticleThe Government Revises The Existing Tax Benefits For BusinessesThe Georgian authorities are planning to revise their tax policy that came into force in January 2021.GeorgiaTaxEurofast
ArticleNorth Macedonia Increases Social Security Contribution BaseIn a procedure customary to the start of each new fiscal year, the Public Revenue Office of the Republic of North MacedoniaNorth MacedoniaEmployment and HREurofast
ArticleNorth Macedonia Postpones Reintroduction Of Progressive TaxationThe progressive tax rate, which was supposed to re-enter into force on January 1st 2023, has been postponed.North MacedoniaTaxEurofast
ArticleNew Measures Against Money Laundering On The Verge Of ImplementationOn February 16, 2024, the Bulgarian State Gazette published Ordinance No. H-1, issued on February 6, 2024, which delineates the requirements for inclusion in a Public Register administered...BulgariaGovernment, Public SectorEurofast
ArticleCEO MessageWe have already entered the two hottest months of the summer safely. This is a very special summer, in the midst of a pandemic,CyprusCorporate/Commercial LawEurofast
ArticleExtension Of Deadline For Payment Of Annual Levy 2021 Eurofast would like to bring to your attention that the deadline for the payment of the Annual Levy for 2021 has been extended from 30 June to 31 December 2021 without the penalty charge of 10% or 30%. CyprusCorporate/Commercial LawEurofast
ArticleUnderstanding Employer Liability In Occupational AccidentsOccupational accidents can have serious consequences for both employees and employers.CyprusEmployment and HREurofast
ArticleCyprus Extends Deadline For 2024 Individual Income Tax Returns (Form TD1)Cyprus taxpayers have been granted additional time to meet their 2024 individual income tax obligations. A new decree approved by the Council of Ministers extends the submission...CyprusTaxEurofast
ArticleMontenegro Adopts New Fiscal Strategy – Starting October 2024Montenegro has set a new fiscal course! In October 2024, the Montenegrin parliament adopted a forward-thinking fiscal strategy aimed at driving economic growth and improving the quality of life for its citizens. MontenegroTaxEurofast
ArticleCyprus Circular 9/2023: Your Essential Tax UpdateEurofast Accounting Team in Cyprus is delighted to bring you the latest insights from the Cyprus Tax Authorities. On the 20th of October 2023, the Tax Department issued Circular 9/2023,CyprusTaxEurofast
ArticleBulgaria To Increase Its Minimum Wage From 2026Starting January 1, 2026, the minimum monthly wage in Bulgaria will increase to €620.20 (BGN 1,213.00), marking a rise of €69.54 (BGN 136.00) compared to the current BGN 1,077.00 (€550.66). BulgariaEmployment and HREurofast