Changes to fringe benefits in Estonia Jul 19

Covering accommodation expenses of employees not considered a fringe benefit in the future in Estonia.
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New regulation in Latvia regarding transactions between related parties Jul 12

On July 13, 2017, amendments to the Commercial Law about transactions between related parties, will enter into force.
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A New Labour Code in Lithuania Jul 05

On the 1st of July the new Labour Code came into force in Lithuania. Its main objective is to liberalize the legal regulation of the employment relationship, as well as
establish more flexible working relationship between an employer and an employee. Read more ›

Compulsory electronic recording of working time in construction industry planned in Latvia Jun 28

To reduce shadow economy in construction industry, amendments to Latvian law are planned to take force from October 1, 2017 that require the registration of the construction projects in the electronic system (EDLUS).
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Planned changes in car taxation in Estonia from January 1, 2018 Jun 21

The legal amendments regarding the taxation of cars have passed the first reading in Estonian Parliament and the act is planned to go into force from January 1, 2018.
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The State Labour Inspectorate must be notified of posted workers in Lithuania Jun 14

From July 1st, 2017 foreign employers posting their employees to business trips longer than 30 days, or for construction works in Lithuania, are required to submit the relevant application to the State Labour Inspectorate (SLI).
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Decreases in taxes among the Hungarian tax law change proposals for 2018 Jun 07

Budget and tax law proposals for the year 2018 have been submitted to the Hungarian Parliament.
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The National Bank of Ukraine relaxes the administrative restrictions in the forex market May 31

The National Bank of Ukraine (NBU) is taking steps to ease monetary policy by liberalising forex controls. NBU is focusing on removing obstacles to foreign economic transactions and inflows of foreign direct investments.
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