Asset depreciation rates Assets of companies are being depreciated according fixed rates and terms. Below an overview of the Asset depreciation rates in Bulgaria. Assets depreciation Category assets Description Annual depreciation rate % Period in months I Massive buildings 4 300 II Machinery, equipment 30 40 III Transport means without cars 10 120 IV Computers, […]
Our company is continuously growing. We currently have a job vacancy for an accountant in Sofia. We are looking for an experienced, active and flexible person for all activities related with accountancy/bookkeeping, and taxes. The software we work with are Business Navigator and Micro invest. A professional level of English is a must, but also other languages […]
From today requests for a new personal identification number can be filed at the Bulgarian National Revenue Agency (NRA). The new PIN is a 12- digit code and gives individuals and companies access to the databases of the NRA without the need of an electronic signature. You can for example check how your employer has […]
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; […]