Legal and regulatory requirements in Bulgaria, including compliance obligations, governance topics, and related legal frameworks for companies and individuals.
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 […]
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 […]
One of the greatest joys in any driver’s life is to buy a new car. Sometimes the business in your company requires the purchase of a vehicle for its operations.Finding a car takes time because you invest in finding exactly what you need. Subsequently, the buying moment comes.However, after the great joy, we should not […]