Eastern Europe Tackles the Financial Crisis Ahead of the Eurozone Countries
According to data published by the European Commission, the GDP of the European Union will increase with 0.1% annual rate in 2013. Commentators from the Institute of Market Economics said that the situation in Cyprus from the past couple of days clearly showed that the issue with the European sovereign debt crisis had not been entirely resolved and continued to exist. The prediction is that the financial crisis will be… Continue reading »
Posted in Doing Business in Bulgaria, Incorporation Tagged business in Bulgaria
The Crisis Decreases the Number of the Mergers and Acquisitions Market in Central and Eastern Europe
The market of mergers and acquisitions in the countries from Central and East Europe shrank by 40% in 2012.
The main reasons for the registered recession is: the continues debt crisis in the Eurozone, which is a main trade partner in the Region, the political unstable situation in some of the countries and the strict plans for budget economies, implemented from the countries.
During the previous year in the region… Continue reading »
Posted in Incorporation Tagged business in Bulgaria, Consulting, Fiscal Representative, Incorporation, VAT
A Stable Return of Foreign Investors in Bulgaria
Bulgaria is still an interesting destination for an investment of foreign companies, compared to other economies in the region of Central and East Europe. There is a permanent interest for a stable investment in our country – this is an opinion of Bulgarian experts. There are several reasons for this tendency. As a first can be considered that in many countries of the region the investors don`t see a possibility… Continue reading »
Posted in Doing Business in Bulgaria, Incorporation Tagged business in Bulgaria, Incorporation, Outsourcing, Tax Services in Bulgaria
Bulgaria Is The New Tax Heaven For Greek and Romanian Companies
The latest official statistics announced by the Bulgarian Trade Register claims that Romanian investors are increasingly deciding to register firms in Bulgaria. In 2011 the number of Romanian companies registered in Bulgaria increased by 50% year-on-year. The report adds that the same goes for Greek investors, with the number of Greek companies in Bulgaria increasing by 72% in 2011 year-on-year reaching a total of 3 781.
The main reasons for… Continue reading »
Posted in Doing Business in Bulgaria, Incorporation, Taxation Tagged Incorporation, labor code bulgaria, labor contract bulgaria, Personal Income tax, taxation bulgaria, VAT
Interim Forecast of the European Commission – the Eurozone Is in a Slight Recession, Bulgaria Ranked 5th for Economic Growth for 2012
The last report of the European Commission on the growth of the EU member states, dated 23th February 2012, provides that despite of the expectations for recession in the Eurozone in general, Bulgaria is expected to demonstrate a steady economic growth and for that reason it is ranked 5th among the countries for economic growth. The European Commission revised entirely its forecast for economic growth of the EU member states… Continue reading »
Posted in Bulgarian Tax Guide, Clients Showcase, Consulting, Doing Business in Bulgaria, Incorporation, Taxation Tagged Accounting Services in Bulgaria, Annual Tax Return, bulgarian labor code, bulgarian national bank, business in Bulgaria, Corporate Income Tax Act, GDP, labor code bulgaria, Legislation, Tax Services in Bulgaria, Taxation, taxation bulgaria, Value Added Tax, VAT
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