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
Ecological Changes in Legislation As From The Beginning of 2013
As from 1st of January 2013, a new requirement came into force for a separate garbage collection from all trading organizations, industrial, farm and administrative buildings at the territory of the Republic of Bulgaria.
According to the new requirement, the following listed wastes should be collected separately:
- Paper and cardboard
- Glass
- Plastic
- Metals
First of all, the order and the conditions for the organization… Continue reading »
Posted in Changes in Legislation Tagged Law, Legislation, Limited Liability Company, Outsourcing, Tax Services in Bulgaria, taxation bulgaria
What Has The Bulgarian Market To Offer To The IT Investors?
Good ideas, if they are really good, can be converted into good, strong and successful business in every part of the world. There are few things that need to be considered before you head the direction of your choice. The most appropriate place for your particular business idea is the first of them. Should you are planning on entering new markets not just to produce there but also… Continue reading »
Posted in Clients Showcase, Doing Business in Bulgaria, Incorporation, Taxation Tagged Consulting, Corporate Income Tax Act, GDP, Incorporation, Limited Liability Company, Outsourcing, Personal Income Tax Act, Tax Services in Bulgaria, taxation bulgaria, VAT
Incorporating a Bulgarian Company – Limited Liability Company
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 »
Posted in Doing Business in Bulgaria, Incorporation, Questions & Answers, Taxation Tagged business in Bulgaria, Incorporation, Limited Liability Company, Outsourcing, Tax Services, Tax Services in Bulgaria, VAT
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 »
Posted in Accounting, Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Payroll, Taxation Tagged Accounting Bulgaria Bookkeeping, accounting service providers in Bulgaria, Accounting Services in Bulgaria, Bookkeeping, business in Bulgaria, Corporate Income Tax Act, Fiscal Representative, GDP, income, Incorporation, labor contract bulgaria, Limited Liability Company, Outsourcing, Payroll in Bulgaria, Payroll Services in Bulgaria, Personal Income tax, Tax Services in Bulgaria, Taxation, taxation bulgaria, Value Added Tax, VAT
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