Obligations of an Employer According to the Bulgarian Insurance and Tax Legislation When Sending a Hired Person On a Business Trip From a EU Member State to Bulgaria

The case:
The questions cаme from an organization, which is a part of an international concern, established from companies which are separate legal entities. For the purpose of exporting the German production in Bulgaria, an Italian citizen with a form A1 has been sent to the Bulgarian company, who has an active labor contract with one of the concern companies in Germany. Your company signed a tripartite contract with the

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Insurance Of An Owner of Solely Owned Limited Liability Company With Second Labor Contract

Recently we received a question from a visitor at our website which was the following:

“I am a sole shareholder of a limited liability company. In the company I have appointed a director, who I insure. I work on a labor contract with another employer, who insures me for all insurance cases. My question is, when I am insured from this employer, should I insure myself additionally in the

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Important Changes in Labour Legislation For Year 2013 – Part II

Dear clients and partners,

As from 1st of January 2013, there are changes which have been officially announced and implemented in the Bulgarian labour and insurance legislation. Driven by our constant desire to always keep you updated with all the statutory changes in Bulgaria that concern you and can directly influence your operations, we have prepared a brief summary of all the amendments and supplements in the payroll area

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Posted in Bulgarian Laws in English, Changes in Legislation, Consulting, Doing Business in Bulgaria, Payroll | Tagged , , , , , , |

Important Changes in Labour Legislation For Year 2013 – Part I

Dear clients and partners,

As from 1st of January 2013, there are changes which have been officially announced and implemented in the Bulgarian labour and insurance legislation. Driven by our constant desire to always keep you updated with all the statutory changes in Bulgaria that concern you and can directly influence your operations, we have prepared a brief summary of all the amendments and supplements in the payroll area

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Posted in Bulgarian Laws in English, Changes in Legislation, Doing Business in Bulgaria, Payroll | Tagged , , , , , , , , |

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 »

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