Quick answer In Bulgaria, invoices must include specific mandatory elements such as a unique invoice number, issue date, supplier and customer details, VAT information, tax base, and total amount due. Invoices are generally issued within 5 days of supply or payment and must be retained for at least 10 years to comply with Bulgarian VAT […]
Quick Answer Closing a company in Bulgaria is done through a formal liquidation procedure regulated by the Bulgarian Commerce Act. The process requires a tax clearance certificate from the National Revenue Agency, registration of a liquidator, a mandatory creditor notification period of at least six months, and proper accounting and tax closure before the company […]
Quick Answer: Annual Tax Returns for Companies in Bulgaria All companies registered in Bulgaria must file an Annual Corporate Income Tax Return by 30 June of the following year, regardless of whether the company was active, dormant, or in liquidation. The return is filed electronically with the National Revenue Agency and is based on the […]