News
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…
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…
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…
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.…
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…
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…
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.…
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)…
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…