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 »
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
First of all, the order and the conditions for the organization… Continue reading »
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 »
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 »
Nearly 900 Greek Companies Expected to Move Their Businesses in Bulgaria Until the End of 2011 – Part II
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 »