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ACCOUNTING AND AUDITING IN BULGARIA
ACCOUNTING FOR ALL ENTITIES A corporate tax of 10% is imposed on Bulgarian companies, to be paid on all of their global income by March…
ESTABLISHING A BUSINESS IN BULGARIA
In recent years, Bulgaria has initiated legal and factual steps towards becoming the most attractive investment destination in the region. Some of the actions include…
BUSINESS IN BULGARIA
GENERAL INFORMATION Bulgaria has a very strategic geographical location – it borders with the European Union, and is on the intersection of Europe and Asia.…
Correction of annual tax return
September 30 is the deadline for submitting corrective declarations by individuals and legal entities. Individuals and companies have an opportunity to correct one-time the annual…
International Payroll – Successfully operating globally with minimal reputational risk
Money is a sensitive matter and managing employee salaries should always be handled with the utmost care, confidence, and punctuality. When expanding your business, international…
Significant increase of social insurance thresholds
On 7.03.2022, National Revenue Agency in Bulgaria has published new thresholds of insurance income. Тhe minimum monthly salary currently is BGN 650 – for the…
Our thoughts are with everyone affected by the events taking place in Ukraine.
Our thoughts are with everyone affected by the events taking place in Ukraine. 🇺🇦 We denounce the war in Ukraine started by the Russian government…
5 Important Aspects to Consider When Going Global with Your Business
Over 25 years of experience has brought us hundreds of clients along the way wanting to expand their businesses abroad. Being good or maybe even…
Baltic tax rates from 1 January 2022
Estonia Latvia Lithuania Corporate income tax (CIT) rate CIT is payable upon profit distributions (the deemed profit distribution). The CIT rate is 20%, calculated…