In general, domestic citizens and companies with foreign owners are allowed to purchase and sale real estates in Hungary. Additionally, the following entities are also entitled to own real estate with the same conditions as domestic citizens: Citizens, business associations and other organizations of European Union member states Citizens, business associations and other organizations of
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Actual selected judgments of the European Court of Justice | News Flash
Download PDF! We would like to draw your attention to the most interesting judgments of the European Court of Justice (hereinafter the „ECJ“) on tax matters, which were decided during Spring 2017. Supply of restaurant and entertainment services by an educational establishment is not a subject to VAT In the case C 699/15 Brockenhurst College,
New rules on tax exemption for programmers’s income in Romania | News Flash
In the Official Gazette dated 22.06.2017 has been published the Order 409/4.020/737/703 which regulates the legislation regarding the framing of the activities in the category of computer program creation activities in order to grant the income tax exemption to the programmers. This order brings a much-anticipated change to IT companies, eliminating the provisions regarding selling
Main statements and payments due in the week: 26-30 June 2017 | News Flash
Today, Monday the 26th of June and Friday the 30th of June, the following declarations are due: Czech Republic – statements/payments due on the 26th of June: Monthly VAT payers – VAT return submission and payment of VAT liability for previous calendar month Submission of EC Sales List – monthly VAT payers and quarterly VAT payers
Upcoming threshold change of the domestic itemized report in Hungary | News Flash
Download PDF! As we have published last year in our article about upcoming changes to Tax Package for 2017, a new requirement will be implemented regarding the itemized reporting of invoices with VAT amount over 100,000 HUF. Currently, entities are required to prepare and submit itemized VAT report of their invoices with value over
EU General Data Protection Regulation in Slovakia | News Flash
Download PDF! Hereby, we would like to kindly notify you about the adopted the Regulation (EU) 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (“GDPR” as the abbreviation from General Data
Register of Public Sector Partners in Slovakia | News Flash
Download PDF! Hereby, we would like to kindly notify you about a statutory duty of the company to register in the Register of Public Sector Partners if the company cooperates with the state, local government and their controlled entities, as access to funds from public resources is in general conditional upon the registration in
New rules for calculating cost of credits issued to public in Ukraine | News Flash
Taking into account the requirements of the Law of Ukraine “On Consumer Crediting”, the National Bank of Ukraine approved new rules for calculating the total cost of credit for consumers and the real annual interest rate under a consumer loan agreement. Also, the National Bank of Ukraine established a methodology for calculating the total
CIT rate development in CEE | Where do we find the lowest rate?
Corporate income tax (CIT) rate is one of the key elements explored by entrepreneurs when considering operating in a respective country. Countries in the Central and Eastern Europe belong to the countries with a rather low corporate income tax rate, which helps them to remain competitive and attract more investors in a globalising economy. These
The National Bank of Ukraine has simplified foreign operations for individuals | News Flash
Recently, the National Bank of Ukraine has been revised approach to licensing transactions of individuals dedicated to placing funds in accounts opened abroad and investments abroad. Corresponding changes were introduced by the National Bank of Ukraine on 23 February 2017 №14 “On amendments to some legislative acts of the National Bank of Ukraine”, which takes
10 Facts about Taxation in Ukraine | Infographic
Our “10 facts about taxation in Ukraine” is a concise and up-to-date overview of local taxation aspects. If you are interested in what 2017 will bring in addition to Ukrainian tax system, subscribe to our newsletter ! More from the same series: 10 facts about taxation in the Czech Republic 10 facts about taxation in Hungary 10 facts
2017 Company formation in Ukraine
Download PDF! Discover the legal forms of business in Ukraine, their registration process and other local requirements in our “2017 Company formation in Ukraine“! Our overview contains useful information regarding: legal forms of business and their characteristics minimum capital and contribution minimum documentation constituent documents foundation documents registration process in Ukraine general aspects registration
Working in CEE – Labour Law aspects | Infographic
A flexible labor legislation is essential for promoting the creation of new business, growth of established firms and job creation. The Central and Eastern European (“CEE”) countries have distinctive employment law frameworks but remain competitive for investors. Our infographic “Working in CEE – Labour Law aspects” is a sum-up of working aspects in Central and Eastern European
Accace Romania − BPO digitization activities and 30% increase in revenues in 2016 | Press release
Accace, one of the leading outsourcing and consultancy services providers in Central and Eastern Europe, recorded a 30% increase in turnover on the Romanian market in 2016. IT services and retail sectors had the biggest increase last year and the trend towards outsourcing accounting and payroll services, from existing multinationals on the local market, will
Accace changes its business address in Slovakia
Accace Slovakia is moving to the new premises, therefore starting from 1st July 2017 you will find us on the 6th floor of the TWIN CITY business centre, on the following address: Twin City C, Mlynské nivy 16, 821 09 Bratislava, Slovak Republic The change of registered seat concerns all the Slovak entities (Accace
