Welcome to Bulgaria! If you’re considering setting up business here, you’ll need to decide whether to register as a freelancer (self-employed) or establish a company. This article will compare both options, helping you choose the best fit for your situation. Freelancer Registration: Freelancer registration is a simpler and faster option, ideal for solopreneurs with limited […]
Starting business in Bulgaria is becoming more and more popular. Many people and companies from all over the world are coming to Bulgaria to enjoy the pleasant business environment. Advantages are for example; Bulgarian is a member of the European union since 2007. Compared with other European countries it has a low salary level, an […]
Company in Bulgaria The information about all companies in Bulgaria is free available on the website of the Bulgarian Trade Register – http://www.brra.bg/ . The website is only in Bulgarian, but with a little help from Google translate or a friend you should be able to find the information on your company in Bulgaria. Click “Справки” […]
VAT in Bulgaria Newly registered companies do not automatically enter the VAT system; your company has neither obligations nor rights concerning VAT in Bulgaria. Registering for VAT becomes compulsory when; Your company has more than 50’000 BGN turnover over the last 12 months. Your company has business outside of Bulgaria. You send invoices to countries […]
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 […]