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 Act and Income Tax of individuals on the basis of Art . 7, para. 1 of the Agreement.
Recent Posts
3 days ago
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…
December 12, 2025
Euro Adoption: A Historic Shift for Bulgaria
On January 1, 2026, Bulgaria will officially join the Eurozone, marking a significant milestone in its economic integration with the European Union. The Bulgarian lev…
October 17, 2025
Christmas Bonuses in Bulgaria: A Guide for Foreign-owned Businesses
Bulgaria’s work culture blends traditional and modern practices, placing high value on relationships, hierarchy, and teamwork. Christmas is widely celebrated in Bulgaria and, while not…