A private limited liability company is a company with share capital owned by the shareholders whose liability is limited to their participation in the capital subscribed. It can be OOD – a LLC with two or more shareholders or EOOD – with only one shareholder. The shareholders can be physical persons, other companies or both. There are also no limitations… Continue reading »
LAW FOR PERSONAL INCOME TAXATION
Under the regulation of this law are individuals – resident or non-residents, local or foreign citizens. The following… Continue reading »
The Bulgarian tax system is famous as one of the most favourable and business friendly in Europe. Here we will list the rates and short descriptions of the main taxes due.
In Bulgaria the companies’ VAT registration can be either compulsory or voluntary. Every company which have reached income of BGN 50,000 within the last 12 calednar months income are obliged to… Continue reading »
One hot topic circulating around Bulgaria today is “Should I move offshore?” Tax advantages are just one side of the story. But what else have offshore jurisdictions to offer to entrepreneurs and how Sb Accounting & Consulting can assist you in entering these markets? Find all the answers here.
It is a fact that numerous international multi-million corporations tend to go offshore… Continue reading »
You Think That Outsourcing Your Payroll Is Not a Very Good Idea? We Believe That This Is The Most Affordable and Wise Decision You Can Make! – Part II
4. Speed. Speed is essential matter in the payroll processing, because most of the times there are deadlines involved. When you outsource your payroll in most of the cases you work with specialists and professionals who have a vast experience, modern software and a lot of other resources which make their job easier and more convenient.
5. Productivity. Payroll management… Continue reading »