Accountants Bulgaria: Who is Aidos?

Welcome to the website of Aidos – Accountants Bulgaria. We are a company dealing with the administration part of your business. Our services include: bookkeeping & accounting, payroll, VAT and tax preparation and company registrations.

We choose our website to be in a weblog format. In this way we are aiming to create a continuously refreshing and growing knowledge base. Below here you’ll find posts on topics related with doing business in Bulgaria, changes in the law, introductions of our clients and more, what we think may be of interest for you. By following the links in the right hand menu you can find more information about us, our services, or on specific subjects. When you feel something is missing just let us know and we will add it.

When you cannot find here what you are looking for, don’t hesitate to contact us.

Thanks for visiting us here!

The Aidos team

Aidos Accountants

 

Holland Hires Recruitment

Holland Hires RecruitmentHolland Hires Recruitment

Holland Hires is a recruitment company offering positions for highly educated technical professionals in the area of Physics, Mathematics, Robotics, Mechatronics, Electronic Engineering, Industrial Engineering, Quality Management, Research and Development, Chemistry.

Because of the many environmental challenges, new requirements and investment opportunities at present, and the energy transition that is taking place towards a low carbon society, we are supporting the improvement of the sector by offering recruitment services to candidates and companies to identify ‘green talents’, both local and internationally.

We therefore started a new business line for (young and older) professionals working in green and environmental arenas: renewable energy, clean tech, environmental, sustainability, and related areas, both for companies, authorities as well as NGOs.

Holland Hires is working both with companies in Western Europe as well as with leading organisations in Bulgaria.

Apply for our (job) updates on: www.HollandHires.com

Direct contact: info@HollandHires.com

Weekend Tax in Bulgaria

Weekend Tax BulgariaIt is official – weekend tax in Bulgaria has been approved.

The National Assembly of the Republic of Bulgaria has adopted so called ’’weekend tax’’. It is valid from 01.01.2016.

The members of the parliament agreed that company vehicles and mobile phones will have 10% weekend tax. This tax is calculated depending on the specific tax base and different company assets.

There are three groups from the company assets that are included – property, cars, others.

Property
When properties are used for personal purposes, it is important the size of the area or how long it is used.

Vehicles
The employer can decide how much the vehicles are used privately. Also, it is possible to declare 50/50% – private/company needs.

Others
Mobile phones and laptops are in this category. The employer can declare directly 20% private usage of these devices.

One thing is for sure, the weekend tax will have its influence on how the company/private costs are calculated.

Please contact us when you want to know more what the weekend tax means for you company.

Source: http://www.economy.bg/business/view/25403/Danyk-uikend%E2%80%9C-vliza-v-sila-sys-zadna-data

Foreign investors in Bulgaria

foreing investors in BulgariaA small country but yet an interesting destination attracting many foreign investors. Bulgaria is a small country but a real hidden gem when it comes to economical growth. The last years the Bulgaria gets more and more attractive for foreign companies to extend in it. Some of the numerous benefits are low tax rates, developing infrastructure, strategic location, more flight connections to different countries, culture, good climate, delicious food, and these are just some of the few benefits why it is interesting to start a business in Bulgaria.

The largest number of foreign investors at the moment are from Western Europe and the USA. Some of the branches there are involved like: trading, production, finance, IT, electronics, transport, etc.

Investors from Germany include: SAP, Kaufland, METRO, HIT, Willi Betz, Lufthansa Technik GmbH, Siemens, Allianz, Lidl, Liebherr Hausgeraete, ABB, Tengelmann Konzern, Hamberger, Ixetic, Rollmann & Partner, Eichhoff Electric GmbH, Nemetschek AG. There are also some English companies like: Shell, Boyar International, Karbo Ltd, William Hughes, Imperial Tabacco Group Plc.

Other foreign investors come from France (Societe Generale, Carrefour, Schneider Electric, Montupet SA); Austria (Telecom Austria, Eurobilla, OMV, Raiffeisen Bank, Bramac, Palfinger); Switzerland (Nestle, ALPIQ Holding Group, Adecco, Holcim, Socotab); USA (Microsoft, IBM, Johnson Controls, Hewlett Packard, AMIS, News Inc, Sutherland Global Services, Kraft Foods); Japan (Yazaki, Mitsubishi Heavy Industries, Tokushukaial Corp); Italy, Spain, Hungary, Czech Republic, Russia.

These are only a few of the large companies but there is one thing for sure – the number of investments is growing fast. Definitely a good destination to invest some time and money in. Most likely there will be more foreign investors coming to Bulgaria the next years.

If you are interested to get to know better the tax laws and requirements, or just start your own company in Bulgaria –  Contact us

Source: http://www.investbg.government.bg/bg/pages/latest-data-about-investments-in-bulgaria-211.html