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 employees could face fines and imprisonment from 1 to 6 years.
Recent Posts
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…
February 2, 2023
NON-WORKING DAYS FOR 2023
Public holidays in Bulgaria for 2023 are: New Year – January 1 (Sunday), non-working day is January 2 (Monday) Liberation of Bulgaria – March 3…
February 2, 2023
PAYMENT SERVICE PROVIDERS MUST REPORT TO TAX OFFICE
From the beginning of 2024, payment service providers, such as banks, money transfer companies, some online trading platforms, etc., will be obliged to report to…