Sb Accounting & Consulting – Our History, Team and Corporate Values

Good afternoon everybody! Sb Accounting & Consulting is happy to announce the new video update in our company’s official webpage. We welcome you to visit our renewed Video section in the Media & Communication department where you can now find the latest interview with the Business Development Manager of our company Mr. Bogdan Georgiev. Mr. Georgiev speaks about the company’s history, main areas of expertise, the team and… Continue reading »

Recommend our blog in...


Posted in Accounting, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Payroll, Questions & Answers, Taxation | Tagged , , , , , , , , , , , , , , |

The Growing Consumer Demand and Export Expected to Positively Influence the Fiscal Stability and Economic Environment in Bulgaria

The labour market has demonstrated its first indications for stable improvement and it can be concluded that it is steadily coming out of the recession. Last figures show that unemployment is expected to fall to 8.3% by the end of 2011 compared to 10.3% in 2010. The growing number of people working in the private and public sectors leads to a better purchasing capacity, better tax collection figures and respectively… Continue reading »

Recommend our blog in...


Posted in Accounting, Bulgarian Tax Guide, Doing Business in Bulgaria, Incorporation, Taxation | Tagged , , , , , , , , , , , , , , |

Nearly 900 Greek Companies Expected to Move Their Businesses in Bulgaria Until the End of 2011 – Part II

We will continue our previous post on the subject Nearly 900 Greek Companies Expected to Move Their Businesses in Bulgaria Until the End of 2011

Regarding the tax rates in the countries from the European and specifically the Balkan area, Bulgaria definitely stands out of the crowd by keeping its VAT tax, Personal Income Tax and Corporate Tax rates lowest (see table 1 below). Moreover, less than… Continue reading »

Recommend our blog in...


Posted in Accounting, Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Payroll, Taxation | Tagged , , , , , , , , , , , , , , , , , , , , |

Nearly 900 Greek Companies Expected to Move Their Businesses in Bulgaria Until the End of 2011 – Part I

The National Registry Agency in Bulgaria has announced that there has been a tremendous increase into the number of Greek investors who register companies and move their entire businesses in Bulgaria. This statistics was officially presented yesterday, on 4th of July, on the biggest National Television channel BTV. The numbers presented by the Registry Agency indicate that the number of registered Greek companies is expected to be nearly three times… Continue reading »

Recommend our blog in...


Posted in Accounting, Bulgarian Laws in English, Bulgarian Tax Guide, Clients Showcase, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Payroll | Tagged , , , , , , , , |

The VAT Mechanism in Bulgaria

Goods purchased and/or services received by the Bulgarian company from local suppliers would be generally subject to 20% VAT chargable by the suppliers. The invoices issued to the Bulgarian company from the Bulgarian suppliers have to be reported in the purchase ledger and VAT return of the Bulgarian company for the month in which they were issued. According to the general rule, the taxable event in Bulgaria occurs on the… Continue reading »

Recommend our blog in...


Posted in Accounting, Bulgarian Laws in English, Bulgarian Tax Guide, Consulting, Taxation | Tagged , , , , |