Monthly Archives: September 2011

Maternity leave in Bulgaria

Maternity leave in Bulgaria – отпуск за бременност и раждане To be entitled to maternity leave allowance it is necessary to have worked at least 18 months prior to taking the maternity leave. The allowance is 90% of the average … Continue reading

Posted in Accountancy, Laws and legal stuff | Tagged , , , , , | 1 Comment

Bulgaria Says No to New EU Taxes

Bulgaria has taken a stand against a European Commission proposal for the introduction of new taxes across the European Union, including a financial-transaction levy and a new value added tax. “Bulgaria doesn’t support the introduction of new taxes because it … Continue reading

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VAT in Bulgaria

Newly registered companies do not automatically enter the VAT system; your company has neither obligations nor rights concerning VAT. Registering for VAT becomes compulsory when; Your company has more than 50’000 BGN turnover over the last 12 months. Your company … Continue reading

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Taxation in Bulgaria

The overview below is just a summary of the most common taxes and VAT in Bulgaria. For detailed information you can check the websites of the National revenue agency (NRA) and Invest Bulgaria Agency or contact us when you have any … Continue reading

Posted in Accountancy, VAT and Taxes | Tagged , , , , , , , , | 1 Comment