2011, 2019

BiH has become part of the Global Forum on Transparency and Exchange of Information for Tax Purposes


12.11.2019 Since November 2019 Bosnia and Herzegovina is a signatory of the the Multilateral Convention to Implement Tax Treaty Related Measures to prevent BEPS (Base Erosion and Profit Shifting). The Convention currently consists of 1600 bilateral tax treaties, which seeks to eliminate loopholes in international tax rules, that is, the abuse of the existing network of double taxation treaties that have led to significant losses in global income tax revenue. The [...]

2309, 2019

SLOVENIA: The deadline for filing a VAT refund claim in another EU Member State is approaching


A tax return in another EU Member State must be filed by the taxable person by 30 September at the latest after the calendar year in which the VAT was charged in the eDavki system using the VATR-APP form. Member States shall decide on a request for repayment within four months of receipt of the request in the event that the application is complete and no additional information is required from [...]

2307, 2019

CROATIA: Country tax newsletter – July 2019


VALUE ADDED TAX - REDUCTION OF STANDARD RATE FROM THE START OF 2020 YEAR Standard rate of Value Added Tax (VAT) will be reduced to 24% starting from the 1st of January 2020 year, as prescribed in the Value Added Tax Law, published in the National Gazette no. 106/2018. All taxpayers whose deliveries are subject to the standard VAT rate (currently 25%), from the beginning of 2020 year should on their [...]

207, 2019

CROATIA: Country tax newsletter – June 2019


VAT EXEMPTION FOR DELIVERIES OF DOMESTIC SUPPLIERS TO TAXPAYERS WITHOUT HEADSEAT IN THE REPUBLIC OF CROATIA SUPPLYING THE SAME GOODS FURTHER TO A THIRD COUNTRY OUTSIDE THE EU Export deliveries are basically transactions of goods from the Republic of Croatia to a third country, where a basic document and proof of the customs clearance is the Unique Customs Declaration (Croatian JCD)  or an electronic message IE599 generated by the ECS system. [...]

1206, 2019

SERBIA: Limited Liability Company Vs. Branch Office of Foreign Legal Entity in Serbia


Opening an office in a foreign country is never an easy decision. The first question that comes in mind is what form of entity you would need to register in order to perform certain business activities in a foreign country. After that, you have to take into consideration the taxes you have to pay for the transactions you intend to perform and for the income you intend to achieve. One of the [...]

2205, 2019

BOSNIA AND HERZEGOVINA: Unija MF d.o.o. opened new offices in Mostar


We are proud to announce the opening of the 22nd branch that operates within the Unija Group! The office is located in the narrower city area of Mostar, in the Integra business building, where we are easily accessible to legal entities. “I sincerely believe that Mostar, despite numerous accounting offices, needs a respectable and expert team of accountants and consultants. Unija Mostar is a part of the group that has been [...]

503, 2019

SLOVENIA: UK withdrawal from the European Union (BREXIT) and what does this means for Slovenian VAT field


On 29 of March 2017, United Kingdom notified European Council of the decision to withdraw from European Union. The exit procedure is further defined by Article 50 of the Treaty on European Union. In accordance with that Article, United Kingdom, as a rule from 29 th of March 2019 (two years after the notification), will no longer be a member of European Union. The method of exit depends on whether United [...]

2901, 2019

CROATIA: Country tax newsletter – January 2019


SALARIES - CHANGES IN LAW PROVISIONS ON TAXES AND SOCIAL SECURITY CONTRIBUTIONS With the amendments of the tax regulations that came into force on 1 January 2019 year, significant changes were introduced in the taxation of salaries and the calculation of compulsory contributions from salaries and wages: Non-taxable rewards may be paid to employees up to 5.000,00 HRK per year - by an employer to employees, but it can also be [...]

1608, 2018

SERBIA: Opinion about the tax treatment of compensation to the director


On 11th of June 2018 the Ministry of Finance has published Opinion about the tax treatment of compensation to the director who is not founder or member of the company, and performs the duties of the director without employment. According to this Opinion of the Ministry, every company with the director engaged without employment has an obligation to: - concludes the Contract on the rights, obligations and responsibilities of the Director; [...]

2506, 2018

Unija MF d.o.o. officially opened its new office at the Importanne Center in Sarajevo


Sarajevo's Mujan Finance d.o.o. and Unija d.o.o. have joined forces on June 1st and now operate under one roof and under the same name Unija MF d.o.o.. Their cooperation was announced on Friday June 22nd at the opening of new business premises at Importanne Center in Sarajevo. Dino Bojcic, director of MF Unija, emphasized that these two houses have been successfully cooperating for many years, but have now united their forces [...]

606, 2018

SERBIA: Forced liquidation


We would like to inform you that the Business Registers Agency has begun to implement the procedures of forced liquidation, in accordance with the Opinion of the Ministry of Economy, number 011-00-00258 / 2016-10. To recall, the application of provisions relating to forced liquidation was suspended until now, based on the previous opinion of the Ministry of Economy. In accordance with the law, forced liquidation shall be initiated: 1) If an [...]

106, 2018

SERBIA: The possibility of returning more paid social security contributions for 2017


SERBIA: We would like to inform you regarding option on return of higher payed contributions for compulsory social security for 2017, in accordance with article 66. of the Law on contributions for compulsory social insurance. Tax payer of contributions for whom contributions have been paid in excess of the amount higher than 3.793.175 RSD (determined by the highest annual contribution base for 2017), shall be entitled to refund of the higher [...]