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 […]
The use of this article is allowed by the courtesy of: Quest Bulgaria – Online Property and Lifestyle magazine. Liquidation Of The Trade Company Registered In Bulgaria The procedure of ‘closing’ of a trade company in Bulgaria is called ‘liquidation of the company’ and this procedure is approved by the Trade Law of the Republic […]
Per the 1st of January 2011 the amendments on Law on Income Tax of Individuals are in effect. The amendments have been published in the State Gazette (Държавен вестник) number 94, 30/11/2010. The law affects companies paying rent to physical persons. As of the 1st of January 2011, companies who pay rent to physical persons […]
Taxation in Bulgaria The overview below is just a summary of the most common taxes and VAT in Bulgaria. For detailed information you can check the websites of the National revenue agency (NRA) and Invest Bulgaria Agency or contact us when you have any further questions. Corporate tax – 10% The taxable profit has to be […]
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 […]