Bulgaria has become an increasingly attractive destination for businesses and individuals alike, thanks in part to its favourable tax system. Characterised by low tax rates and a straightforward structure, taxation in Bulgaria offers a competitive advantage within the European Union. This guide provides a comprehensive overview of the main taxes relevant to businesses and individuals […]
Liquidating a Trading Company in Bulgaria (Updated for 2024) The Process Closing down a trading company in Bulgaria is known as liquidation and is governed by the Bulgarian Trade Law. This law outlines the requirements for initiating and carrying out the liquidation process. Steps to Take Key Considerations Additional Notes Contact us when you need […]
As a company operating in Bulgaria, you’re likely familiar with the annual tax return. This crucial document provides a snapshot of your financial health and tax liabilities. While it may seem daunting, understanding your obligations and requirements can help streamline the process. Key Obligations: Suspending Activities: A Tax Perspective Even if your company suspends operations […]