Setting Up a Sole Proprietorship (ET) in Bulgaria

A hardworking individual running their own business, representing the spirit of sole proprietorship in Bulgaria

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 […]

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Tax Relief in Bulgaria for Individuals and Businesses

Relaxing beach scene with chairs and umbrella, symbolizing tax relief and financial ease.

Tax relief measures are essential to Bulgaria’s fiscal policy. These tax incentives support businesses, stimulate economic activities, and provide assistance to specific sectors or individuals. This article offers a comprehensive overview of tax relief mechanisms available under Bulgaria’s Corporate Income Tax Act (CITA) and Personal Income Tax Act (PITA), highlighting key tax benefits for both […]

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POS Systems Bulgaria: Essential Guide for Businesses

POS systems Bulgaria: Different types of POS terminals and cash registers for businesses in Bulgaria.

In today’s business environment, cash registers and POS (Point of Sale) systems play an essential role in managing payments and accounting. They not only facilitate processes but also guarantee compliance with legal requirements. In this article, we will examine the main aspects of these devices – how they work, what the rules and regulations associated […]

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