News

Bulgaria: Foreign Investment Sees Double-Digit Growth in 2025

In 2025, Bulgaria recorded a significant increase in foreign capital inflows. Foreign direct investment reached approximately €3.26 billion, marking a 14.2% increase compared to the previous year, according to...

Employment Rights Act 2025: Statutory Sick Pay reform and new employer obligations

The Employment Rights Act 2025 introduces a significant reform to Statutory Sick Pay (SSP), materially changing the UK sick pay framework from 6 April 2026. The new rules expand eligibility...

Hainan Free Trade Port: new developments in December 2025

In December 2025, the Chinese authorities took a further step in the implementation of the Hainan Free Trade Port (FTP) project, designed as a model free trade port for...

Thailand Reports 46% Increase in Foreign Investment in January 2026

Thailand opened 2026 with a significant rise in foreign investment activity. In January, 113 foreign investment projects were approved, with a total investment value of approximately THB 33.7 billion,...

Singapore Budget 2026: Navigating Talent Calibration and Enterprise Scaling

The Singapore Budget 2026, delivered by Prime Minister and Minister for Finance Lawrence Wong on 12th February 2026 is a clear guideline to a highly targeted value-creation economy, where...

UAE Strengthens Tax Information Exchange with Cabinet Decision No. 209 of 2025

The United Arab Emirates has introduced a significant update to its international tax cooperation framework through Cabinet Decision No. 209 of 2025, addressing the Exchange of Information on Request...

Self-Assessment: what to know days before the 31 January 2026 deadline

At the beginning of January, HMRC estimated that 5.65 million taxpayers had not yet submitted their return. We are now in the final days before the deadline, and any...

Bulgaria: Post-Euro Adoption Tax Amendments and Pillar Two Clarifications

Following the adoption of the euro, in force as of 1 January 2026, the Bulgarian authorities have introduced tax amendments aimed at aligning the corporate income tax framework with...

Bulgaria and Euro 2026: Tax Clarifications for Businesses and Taxpayers

Following the adoption of the euro as Bulgaria’s official currency as of 1 January 2026, the Bulgarian tax authorities have issued clarifications on the management of tax and social...

Bulgaria: The Impact of the Euro on Businesses

With the introduction of the euro, in force as of 1 January 2026, one of the most significant financial changes for Bulgarian businesses in recent decades is underway. This transition has required...