Residence Permits for EU Member States’ Citizens On the Territory of Republic of Bulgaria

The regime for residence of EU member states citizens and their families on the territory of Republic of Bulgaria is defined with the Law for entering, residence and leaving the territory of Republic of Bulgaria by citizens of the EU and the members of their families.

An EU citizen is permitted to reside in Bulgaria with an ID card or passport for maximum of three months. If a member… Continue reading »

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Obtaining Work Permits by Foreigners When Hired In Bulgaria – Part II

The minister of labour and social policy can in some case break the 10% restriction under Art. 71, Para 1, point 2 from the Law on Employment when the exercised by the employer activity is defined as significant for the labour market development and the more jobs opening provision.

A work permit is being issued to a foreigner who has provided evidence that he owns specialized knowledge, skills and… Continue reading »

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Obtaining Work Permits by Foreigners When Hired In Bulgaria – Part I

We will first start with the cases when work permits are not requested. These are the cases when:
- The persons who have permanent residence permit in Republic of Bulgaria or who have status of a refugee or humanitarian status;
- The persons are hired or have been sent to work on the grounds of international contract to which Republic of Bulgaria is a side, in case when there is… Continue reading »

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Bulgaria Ranked in the Top 50 Countries by the World Bank 2012 “Doing Business” Report – Part II

Bulgaria Ranked in the Top 50 Countries by the World Bank 2012 “Doing Business” Report – Part I

We all know how important taxes are and also how crucial for a certain economy is to carefully define the tax rates. But in addition to rates, the administrative procedures concerning the tax payments are of no less importance since in economies where it is more difficult… Continue reading »

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Posted in Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Questions & Answers, Taxation | Tagged , , , , , , , , |

Bulgaria Ranked in the Top 50 Countries by the World Bank 2012 “Doing Business” Report – Part I

The last report of the World Bank on Doing Business 2012 indicates that Bulgaria is among the top 50 countries in the world regarding the ease of starting a business and in the top 70 countries regarding the “Paying taxes” index. The output of this report has been formed on the base of thorough research among 183 economies from all around the globe. The indicators used are aimed to analyze… Continue reading »

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