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
May 6, 2025
The Schengen Zone: Benefits for Businesses in Bulgaria
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…
March 7, 2025
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…
February 20, 2024
ELCTRONIC EMPLOYMENT DOCUMENTS
The employer has the obligation to crate employee’s file when employment relations start and store the documents related to the beginning, existence, amendment, and termination…