Nature and Types of Transfer Pricing – Part II
(continuing from Nature and Types of Transfer Pricing – Part I)
When making inter-company deliveries at market prices, all of the divisions can realize profit. The amount of the profit is a true indicator for the effectiveness of their activity. The market price is a criterion for the profitability of the whole chain of inter-company deliveries. The buyer buys from the seller as long as his production responds fully… Continue reading »
Posted in Accounting, Clients Showcase, Consulting, Questions & Answers Tagged Accounting Bulgaria Bookkeeping, accounting service providers in Bulgaria, accounting services bulgaria, Accounting Services in Bulgaria, Bookkeeping, business in Bulgaria, income, Tax Services in Bulgaria
Nature and Types of Transfer Pricing – Part I
Transfer pricing is a practice which is usually connected to international operations. It’s related to non-market approach in defining prices of products and services, which are being delivered from one division of the organisation to another. Despite of the administrative pricing, the operations can be conducted on the basis of market principles whereas through the price base there are implemented typical features of the competition pricing.
The definition of the… Continue reading »
Posted in Accounting, Clients Showcase, Consulting, Questions & Answers Tagged Accounting Bulgaria Bookkeeping, Accounting Services, accounting services bulgaria, Accounting Services in Bulgaria, Bookkeeping, business in Bulgaria, Consulting, income, Legislation, Limited Liability Company
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
New Requirements for Obtaining Bulgarian Citizenship
Foreign people will have the opportunity to receive a permanent residency in case they have made an investment not less than 500 000 BGN in the capital of Bulgarian trade representation office and open not less than 10 work places for Bulgarians. As far as economically disadvantaged areas with high unemployment are concerned, the threshold of required investment drops to 250 000 BGN with opening of at least 5 work places… Continue reading »
Posted in Changes in Legislation, Doing Business in Bulgaria Tagged business in Bulgaria, Legislation
Registration of a Trade Representation Office of a Foreign Person
The trade representation office of a foreign person is not a legal entity. This person can`t exercise business activity on his own. Transactions concluded through it are always on behalf of the foreign person. When these deals are concluded with local people for the needs of the trade representation office, they should follow the procedure for transactions between residents. The trade representation office should be registered in the united register… Continue reading »
Posted in Clients Showcase, Doing Business in Bulgaria Tagged business in Bulgaria, Law, Legislation
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