In global business today, jurisdictions are no longer chosen based on “low taxes” alone, but on a combination of tax neutrality, regulatory stability, and banking accessibility. Qatar has positioned itself as one of the most attractive destinations for international structures outside the EU in precisely this segment.
Cyprus has positioned itself as one of the most tax-efficient EU jurisdictions – not as an “offshore,” but as a full-fledged European platform for holding, investment, and international business structures.
IVVK Lawyers has successfully advised BMZ Energy on the sale of its shareholding in L.O.I 360 Strategy and Business Development SM 2022 DOO, the project company developing a 180 MW solar power plant in Serbia—one of the largest renewable energy projects in the country to date.
Although still in the process of implementation, the new Law will almost certainly impose additional financial burdens on companies—not only large enterprises, but also medium-sized and small companies, as well as entrepreneurs.
On 12 December 2025, the latest amendments and supplements to the Law on Electronic Delivery Notes entered into force.
The purpose of these amendments is to further clarify the existing provisions of the Law and to tighten the liability of entities that issue electronic delivery notes.


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