News
New company registration in one day
Applications for initial registration of traders with Commercial Register will be reviewed by the end of the next working day of their entry into the…
Bulgarian business in cross-border and Finland tax environment
Finland is one of the most sparsely-populated countries in the EU. The most important sectors of Finland’s economy in 2014 were public administration, defense, education,…
Reforms to create better investment conditions
“Our main priority is to improve the business environment and reducing the administrative burden, “said Minister Lukarski in a meeting with German and French businesses…
Across-the-board minimum wage in Germany
From the beginning of the year Germany’s new measure has required a truck driver to be paid an hourly 8.50 euros gross. German minimum wage,…
Hidden profit distribution in the Tax Declaration
The procedure for announcing the amounts, representing hidden profit distribution in the annual tax declaration has changed. There is special line for this in the…
Concealment of social contributions criminalized
Concealment of social mandatory contributions in large size (over 3 000 BGN) is criminalized. Employers who do not pay contributions on real wages of its…
German residents won’t pay tax for rental equipment in Bulgaria
From 01.01.2015 German residents, who realize income from rental equipment in Bulgaria, may be exempted from tax at the source under the Corporate Income Tax…
Leinonen Seminar Series provided valuable insights for Finnish companies about Northern and Eastern Europe markets
Seminar Series consists of four events: Tuesday 1.4. Central European markets: Poland, Hungary, Bulgaria Tuesday 8.4. Scandinavian markets: Sweden, Norway Tuesday 15.4. Baltic markets: Estonia, Latvia, Lithuania Tuesday 29.4. Russian Markets: Russia, Ukraine The seminar series was…
Foreign citizens and companies will be allowed to purchase land in Bulgaria under conditions
The adopted amendments also provide companies registered under Bulgarian law for less than three years with the option to acquire ownership of agricultural land if…