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Monthly Archives: August 2012

BusinessInternational tradeInvestmentLegislationTaxation

Russia’s accession to the World Trade Organization (WTO) – PART 4

In the following table you will find a list of products that are being traditionally exported by Slovenia into Russian Federation and where there will be a reduction in tariff rates on imports into Russian Federation after Russian Federation joins WTO:...

BusinessInternational tradeInvestmentLegislationTaxation

Russia’s accession to the World Trade Organization (WTO) – PART 3

EU and Russian Federation have signed four bilateral trade agreements which contain additional commitments of RF: Agreement between the European Union and the Government of the Russian Federation on trade in parts and components of motor vehicles between the...

BusinessInternational tradeInvestmentLegislationTaxation

Russia’s accession to the World Trade Organization (WTO) – PART 2

Sanitary and phytosanitary measures (SPS) All SPS measures would be developed and applied in the Russian Federation and the Custom Union, in accordance with the WTO Agreement.    Protection of trade-related intellectual property  The Russian Federation would fully apply...

BusinessInvestmentLegislationTaxation

Russian Federation accession to the World Trade Organization (WTO) – PART 1

Benefits of Russian Federation as a WTO member Membership of RF in the WTO will undoubtly strengthen the multilateral trading system and create a more stable and predictable environment for trade and foreign investment which will have a positive...

BusinessEmploying foreignersEmployment in SloveniaInvestmentLegislationLife in SloveniaTaxation

Taxation in Republic of Slovenia – Short guide PART 5

Administration and compliance: Tax year – Calendar year Filing and payment – Personal income tax is collected by way of withholding during the year if the payer of the income is a Slovene legal person. If the payer of...

BusinessEmploying foreignersInvestmentLegislationLife in SloveniaReal EstateTaxationWork in Slovenia

Taxation in Republic of Slovenia – Short guide PART 4

Personal taxation: Basis – Resident individuals are taxed on worldwide income. Nonresidents are taxed on Slovenia-source income. Residence – An individual, regardless of nationality, is resident in Slovenia for personal income tax purposes if he/she has a formal residence...

BusinessEmployment in SloveniaInvestmentLegislationTaxation

Taxation in Republic of Slovenia – Short guide PART 3

Administration and compliance: Tax year – Calendar year or any other 12- month period. If the tax period differs from the calendar year, the taxpayer may not change the tax period for 3 years. Consolidated returns – The ability...

BusinessEmploying foreignersEmployment in SloveniaLegislationTaxationWork in Slovenia

Taxation in Republic of Slovenia – Short guide PART 2

Other taxes on corporations: Capital duty – No Payroll tax – No Real property tax – No Social security – The employer is required to withhold employee contributions (22.1% of gross salary) from the employee’s gross salary and pay...

BusinessEmployment in SloveniaLegislationTaxation

Taxation in Republic of Slovenia – Short guide PART 1

Corporate taxation: Residence – An entity is resident if it has its business seat or place of effective management in Slovenia.  Basis – Residents are taxed on worldwide income; nonresidents are taxed only on Slovenia-source income. Foreign-source income derived...