Tax residency Bulgaria

Tax Residence in Bulgaria: A Guide for Expats and Investors

Are you considering a move to Bulgaria? Whether you’re charmed by the beautiful scenery, rich history, or thriving business environment, Bulgaria offers a lot to expats and investors. One important consideration when making your move is tax residency. Understanding your tax residency status will help you determine your tax obligations in Bulgaria. What is Tax […]

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Bulgaria Ups Its Minimum Wage to BGN 270

Starting Thursday, the minimum monthly wage in Bulgaria grows from BGN 240 to BGN 270 (EUR 137). According to the country’s Finance Minister Simeon Djankov, the minimum wage rise will cost its state budget approximately BGN 15 – 20 M. However, the private sector’s expenses will be much higher, the Dnevnik daily points out. Some […]

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Re-registration Companies Bulgaria

Re-registration The issue of Re-registration for companies in Bulgaria is still pending. At the end of 2010 the deadline was set at December 31, 2011. Re-registration is obligatory for all companies registered before January 1st 2008. Not fulfilling this obligation will lead to liquidation of the company. The company-owner will be held responsible for all […]

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Company formation Bulgaria

[vc_row][vc_column][vc_column_text] Updated information on company formation in Bulgaria you can find here: Starting business in Bulgaria Company formation Bulgaria The most common model for setting up a company is the Limited Liability Company (Ltd.). In Bulgaria there are two forms of Ltd.; Single owner Ltd. (EOOD) Multiple owner Ltd. (OOD) Owners – natural persons or […]

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Sofia Office of Bulgarian Tax Authority Reshuffled

The manager team in charge of control activities of the Sofia Territorial Directorate of the National Revenue Agency (NRA) was dismissed Monday, according to an NRAstatement. Less than a week after the appointment of Boyko Atanasov as the new director of the Sofia unit of the revenue body, the Deputy Director of the Sofia Territorial Directorate in charge […]

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