News
BUSINESS IN BULGARIA
Bordering both the European Union (EU) and Asia, Bulgaria’s strategic geography makes it an appealing location for foreign-owned businesses. With a thriving resources sector dominated…
Taxation of employees’ bonuses in Bulgaria
Bonuses are an excellent way to incentivise employee performance, retain a loyal workforce, and solidify your reputation as a company that truly values its staff.…
The Schengen Zone: Benefits for Businesses in Bulgaria
Since March 31, 2024, air and maritime border controls between Bulgaria, Romania, and the Schengen Area have been lifted. On January 1, 2025, both countries…
Public Holidays in Bulgaria: A Guide for Employers
Bulgaria is a country rich with cultural and religious heritage, and its citizens hold a great sense of national pride. Public holidays in Bulgaria are…
ELCTRONIC EMPLOYMENT DOCUMENTS
The employer has the obligation to crate employee’s file when employment relations start and store the documents related to the beginning, existence, amendment, and termination…
Making the Switch to E-invoicing in Bulgaria: Everything you Need to Know
Modern accounting systems and processes are becoming more streamlined and automated than ever before. In 2024, e-invoicing is increasingly being adopted by European businesses and…
Leinonen Bulgaria celebrating 25th anniversary of the Bulgarian Business Leaders Forum
As a member of Bulgarian Business Leaders Forum (BBLF) Leinonen Bulgaria has joined the celebration ceremony of 25th anniversary of the Forum on November 21,…
Tax relief for parents of underage for 2023
Families with underage children will be able to enjoy tax benefit this year in the same amount as previous. The reduction in tax base for…
Navigating Bulgarian Accounting Practices in the Logistics Sector
Bulgaria’s strategic geographic location makes the country an important player in the transit and logistics industry. As a key point of entry into Europe, the…