Company stamps soon no longer compulsory in Ukraine May 24

On July 19, 2017, the law amendments will enter into force in Ukraine regarding compulsory company stamps on documents submitted to the government authorities.
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VAT reverse charge in Latvia – important considerations May 17

VAT reverse charge mechanism enables to move the recording of VAT from the supplier to the buyer of the goods, making the VAT reporting more simple between EU member states. The VAT reverse in domestic transactions between two Latvian VAT payers is applicable to six major groups of goods.
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The advantages of VAT group in Estonia explained May 10

Taxable persons can be registered as a single taxable person or a VAT group on the basis of a joint application if they are either a parent company and subsidiaries by the Commercial Code or economically and organisationally related taxable persons if at least 50 percent of the shares, holding or votes of each taxable person to be registered within the VAT group are owned by one and the same person; or if the persons are connected on the basis of a franchise agreement.
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Unemployment insurance contribution rate to be increased in Lithuania May 03

It has been announced that from July 1, 2017 the rate of unemployment insurance contribution is expected to be increased from 1,1% to 1,6%. 
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Cost of opening a business in Hungary reduced Apr 26

Amendments to law were made in Hungary to reduce the administration costs and bureaucracy of opening a new business.
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National Bank of Ukraine relaxed currency limitations Apr 19

To promote export activities of Ukrainian enterprises and to increase economic growth, the National Bank of Ukraine (NBU) relaxed currency limitations by lowering the limit for the obligatory sale of currency from 65% to 50%.
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Foreign companies starting business in Poland - biggest concerns answered Apr 12

Poland is one of the most important business destinations for European companies, many of them sharing common fears when planning the market entry. Below is the list of the biggest concerns and answers to them:
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Rules of temporary suspension of business activities in Latvia Apr 05

By the Latvian Commercial Law the merchant has the right to temporarily suspend its business activities for a period up to 3 years by informing the Register of Enterprises and recording it in the Commercial Register and the State Revenue Service (SRS). The business entities subject to provisions of the Commercial Law regarding temporary suspension are limited liability companies, general partnerships, limited partnerships, individual merchants and joint-stock companies.
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