Portugal may end its “Golden Visa” program, which granted residency to wealthy foreigners in return for investment. Prime Minister Antonio Costa announced the news at the Web Summit held in Lisbon. According to the Prime Minister, the program launched in Portugal in 2012 has already fulfilled its purpose, and the government will review the current…
After the European Union froze $ 250 million in assets of Russian businessmen, the Italian government faced several problems. According to the Washington Post article, the main challenge of the country today is to manage the frozen villas of the Russians, which is quite expensive. There is also the question of what function the empty…
The Estonian government approved a sanction restricting the opportunities for Russian and Belarusian citizens to work or do business in Estonia and suspending the issuance of visas and residence permits. Minister of the Interior Kristian Jaani noted that the sanction is an additional step to avoid a contradiction, where international and state sanctions restrict the…
The World Bank is working on a new system to assess the global business environment after suspending its Doing Business rating. The news was published by the international organization at the beginning of this month. The organization’s website states that the working title of the new index will be the Business Enabling Environment (BEE) rating….
In Croatian bureaucracy, the phrases “fizika osoba” (natural person) and “pravna osoba” (legal person) are frequently used. In this article, we will try to differentiate the two terms from each other. A fizika osoba (natural person) is a human being with rights and responsibilities. A natural person is somebody alive. After birth, an individual becomes a…
Delivery companies recently created new economies in both Europe and the world. It is a particular platform that connects the employer and the potential employee and is characterized by quite flexible conditions. Regardless of its definition, the same scope is carried by well-known taxis, catering, and other similar services. Companies look for employees that will…
A new tax will soon be required for non-EU citizens to enter the Schengen area from 2022. According to Euronews, any passenger other than those living in the Schengen area will have to pay the tax when entering the Schengen area. According to the publication, those who are citizens of EU member states but do…
The consequential and regularly developing technology brought by the new era is rapidly changing businesses. Companies are investing in big data, automation, and artificial intelligence solutions to improve their business capacities. The pandemic has also pushed companies to accelerate the existing digitalization plans to have data and processes continuously available and operable securely to ensure…
After Polish Sejm and Senate passed amendments changing the act on freedom of business activity, the document landed on the desk of the President of Poland. Andrzej Duda has just signed the bill, which introduces the amendments to one of the most important legal documents regulating economic activity in the country. The President’s signature is…
Last week, the National Bank of Poland introduced a new banknote in the value of 500 PLN. The new payment instrument will have the greatest value among the banknotes that are printed for Polish people and institutions. In the wallets of Poles there are already notes in the value of PLN, 20 PLN, 50 PLN,…
