June 29, 2023

When doing business in Bulgaria – The Qualified Electronic Signature (QES) system saves your time and money.

When thinking of expanding your business abroad, have a look at Bulgaria that offers a host of advantages for many entrepreneurs. It has a low…

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September 29, 2022

Correction of annual tax return

September 30 is the deadline for submitting corrective declarations by individuals and legal entities. Individuals and companies have an opportunity to correct one-time the annual…

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March 16, 2022

Significant increase of social insurance thresholds

On 7.03.2022, National Revenue Agency in Bulgariahas published new thresholds of insurance income. Тhe minimum monthly salary currently is BGN 650 – for the period…

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June 22, 2020

Amendment of reduced 9% VAT rate was published

On 19.06.2020 In the State Gazeta (SG) no. 55, the Law for amendment and supplement of the VAT Act was promulgated, in force from 01.07.2020.…

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May 16, 2020

9% VAT for tourism, accommodation services, restaurants and books

On 15.05.2020 a Project on amendment of VAT law was tabled by government in front of the Parliament. The government’s proposal is a 9% VAT…

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May 7, 2020

grants to support business 

Micro and small enterprises will be able to apply for grants support   The Managing Authority of the Operational Program “Innovation and Competitiveness” 2014-2020 plans…

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August 22, 2017

Simplified VAT registration

The VAT registration in this case will be done under a simplified administrative procedure. This will avoid the need for individuals to visit both administrations.…

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September 1, 2016

6th of September – Bulgaria Celebrates National Unification Day

This year Bulgaria is celebrating the 131th anniversary since the Unification of the Principality of Bulgaria and Eastern Roumelia.   The Treaty of Berlin (1878)…

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September 1, 2016

VAT refund without verification

From September 1, the National Revenue Agency will refund VAT without verification to companies meeting certain conditions. The simplified procedure for VAT refunding will be…

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