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 »

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Posted in Bulgarian Tax Guide, Clients Showcase, Consulting, Doing Business in Bulgaria, Incorporation, Taxation | Tagged , , , , , , , , , , , , , |

Year-End Closure and Publishing the Financial Statements for 2011

It is the beginning of the year and according the Chapter 5 from the Accounting Law every single Bulgarian company is obliged to complete the year end closure and to prepare and publish its financial statements. The deadlines for the above mentioned obligations are the following:
- for the submission of the Annual Tax Returns for 2011 to the National Revenue Agency and to the National Statistic Institute – no… Continue reading »

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Posted in Accounting, Bulgarian Laws in English, Bulgarian Tax Guide, Doing Business in Bulgaria, Questions & Answers, Taxation | Tagged , , , , , , , , |

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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Posted in Bulgarian Laws in English, Clients Showcase, Consulting, Doing Business in Bulgaria, Questions & Answers, Taxation | Tagged , , , , , , , , , , |

Bulgaria – The Hottest Tax Optimisation Destination in The EU

Without no doubt, Bulgaria has turned out to be the hottest tax optimisation spot on the European map. The factors which contribute to this event are multiple, but maybe the most distinguished are the considerably lower tax rates, the high level of economic and government stability, the highly skilled employers, the strategic geographic location.
The attractiveness of the Bulgarian tax incentives contributes greatly to businesses of all kind to effectively… Continue reading »

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Posted in Doing Business in Bulgaria, Incorporation, Taxation | Tagged , , , , , , , , , , , , |

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 »

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