About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the top 10 largest networks in the sector. We are committed to delivering exceptional professional…
The Supreme Court of the United States (SCOTUS) announced on February 20, 2026, that President Trump does not have authority under the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs. This announcement marks a significant legal and political moment in U.S. trade policy and creates a surge of opportunities for US importers financially…
Major Withholding Tax Reductions Effective from 2026 January 2026 Romania and the United Kingdom have entered into force a new Convention for the Elimination of Double Taxation, replacing the treaty in force since 1975. The new treaty, signed on 13 November 2024 and effective from 23 December 2025, aligns with OECD and BEPS standards…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek to recruit Cleaners for the hotel public areas. There is the possibility to work full-time or part-time, as well as all year round or seasonal employment. Mercure City Hotel is a contemporary hotel nestled in…
“Think due diligence guarantees a risk-free deal? Or that it is simply about crunching numbers? Think again – there is much more at stake.” Due diligence reduces risks by providing insights but does not guarantee a risk-free deal. It goes beyond numbers by analyzing trends, assessing the sustainability of revenue, understanding working capital needs and…
With State Gazette № 25 form 22.03.2024 changes concerning the Ordinance on keeping, storing and accessing the Commercial register were adopted. The essential ones concern the process of announcement of the UBO under the Measures Against Money Laundering Act (MAMLA) which is mandatory for companies owned by a foreign legal entity. 1. Detailed description of…
Under State Gazette № 27 issued on 29.03.2024 changes relating to remote working location, conditions and procedures for implementation were adopted as follows: Place and nature of work They must be defined in the employment contract, and more than one place of work may be negotiated. The employer may change the place of work up to 30 working days…
The tax authorities have announced that the filing deadline for both the qualifying domestic minimum top-up tax and the top-up tax under the income inclusion rule (IIR) has been extended. Qualifying Domestic Minimum Top-Up Tax The filing deadline for reporting years that start on 31 December 2023 or later, and reporting years ending on 1…
Career Opportunity On behalf Mercure Larnaca City Hotel, a brand new 4* boutique hotel operated by Solaar Hospitality, we seek to recruit Barmen/Barwomen. There is the possibility to work full-time or part-time, as well as all year round or seasonal employment. Mercure City Hotel is a contemporary hotel nestled in the heart of Larnaca. With…