E-commerce is gaining increasing popularity, offering convenience and accessibility to consumers. At the core of this rapidly growing sector are online webshops—software platforms that facilitate online buying and selling. These are not merely websites but systems that must perform specific functions and comply with numerous regulatory requirements to operate legally. What Is an Online Webshop? […]
A Sole Proprietorship (ET) is a straightforward and adaptable business structure in Bulgaria, well-suited for freelancers and small businesses. It offers simplicity and minimal administrative burden, making it an attractive option for entrepreneurs starting their ventures. However, it’s essential to understand the requirements and implications of this structure before proceeding with registration. Requirements for ET […]
The Limited Liability Company (LLC) is the most popular business structure for foreign entrepreneurs in Bulgaria. In Bulgarian, it’s known as OOD when there are multiple owners or EOOD for a single owner. This structure offers limited liability protection and a relatively simple company formation process. This guide provides a comprehensive overview of how to […]