Quick Answer Managing director remuneration in Bulgaria is governed by the Commercial Act and social security and tax legislation, not the Labour Code. In practice, a director is typically structured either under a DUK (Management and Control Contract) or as a self-insured person. Where a director performs active management, social security obligations usually arise under […]
Quick Answer A Double Tax Treaty Bulgaria sets out how income and capital are taxed when they cross borders between Bulgaria and another country. These treaties prevent the same income from being taxed twice by coordinating taxing rights. They can reduce or eliminate withholding taxes, but treaty benefits apply only if income is arm’s-length, properly […]
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. If you’re still in the process of applying for a residence permit, check out our detailed guide: […]