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.
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June 9, 2025
BUSINESS IN BULGARIA
Bordering both the European Union (EU) and Asia, Bulgaria’s strategic geography makes it an appealing location for foreign-owned businesses. With a thriving resources sector dominated…
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Taxation of employees’ bonuses in Bulgaria
Bonuses are an excellent way to incentivise employee performance, retain a loyal workforce, and solidify your reputation as a company that truly values its staff.…
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Since March 31, 2024, air and maritime border controls between Bulgaria, Romania, and the Schengen Area have been lifted. On January 1, 2025, both countries…