Staying permit Bulgaria for non EU residents The foreigner should meet point I and one of the following conditions under point II. I. Permission for permanent residence can receive foreigners who have long-stay visa valid for up to six months and with the right of residence to 180 days (to be issued to a foreigner who […]
The deadline for re-registration of companies in Bulgaria has passed. (December 31, 2011) The situation at the moment is that all companies registered in Bulgaria before January 1st 2008 which are not re-registered are being liquidated. Bank accounts are blocked, assets are frozen, and you cannot do any transactions with the company. Only payments to […]
Update 01/01/2016 From January 1st 2016 the limit of cash payments in Bulgaria has been changed to 10’000 BGN Law on restrictions of cash payments in Bulgaria On February 9th 2011 the Law on restrictions of cash payments in Bulgaria came into force. Payments in Bulgaria should only be done by bank transfer when; […]
In the State gazette of July 26, 2011 changes in the law for measures against money laundering were published. For us the most important change is that now also accountants in Bulgaria have to comply with this law. Accountants have to deposit their internal rules for measures against money laundering at the State agency for […]
The use of this article is allowed by the courtesy of: Quest Bulgaria – Online Property and Lifestyle magazine. Liquidation Of The Trade Company Registered In Bulgaria The procedure of ‘closing’ of a trade company in Bulgaria is called ‘liquidation of the company’ and this procedure is approved by the Trade Law of the Republic […]