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 »
Posted in Bulgarian Tax Guide, Clients Showcase, Consulting, Doing Business in Bulgaria, Incorporation, Taxation Tagged Accounting Services in Bulgaria, Annual Tax Return, bulgarian labor code, bulgarian national bank, business in Bulgaria, Corporate Income Tax Act, GDP, labor code bulgaria, Legislation, Tax Services in Bulgaria, Taxation, taxation bulgaria, Value Added Tax, VAT
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 »
Posted in Bulgarian Laws in English, Clients Showcase, Consulting, Doing Business in Bulgaria, Questions & Answers, Taxation Tagged Annual Tax Return, bulgarian labor code, business in Bulgaria, Consulting, income, labor code bulgaria, labor contract bulgaria, Labour Code Bulgaria, Personal Income tax, Personal Income Tax Act, Tax Services in Bulgaria
Obtaining Work Permits by Foreigners When Hired In Bulgaria – Part I
We will first start with the cases when work permits are not requested. These are the cases when:
- The persons who have permanent residence permit in Republic of Bulgaria or who have status of a refugee or humanitarian status;
- The persons are hired or have been sent to work on the grounds of international contract to which Republic of Bulgaria is a side, in case when there is… Continue reading »
Posted in Doing Business in Bulgaria, Payroll, Questions & Answers, Taxation Tagged bulgarian labor code, business in Bulgaria, labor contract bulgaria, Payroll Bulgaria, Payroll in Bulgaria, Payroll Services, payroll services bulgaria, Tax Services in Bulgaria, taxation bulgaria
Bulgaria Ranked in the Top 50 Countries by the World Bank 2012 “Doing Business” Report – Part II
Bulgaria Ranked in the Top 50 Countries by the World Bank 2012 “Doing Business” Report – Part I
We all know how important taxes are and also how crucial for a certain economy is to carefully define the tax rates. But in addition to rates, the administrative procedures concerning the tax payments are of no less importance since in economies where it is more difficult… Continue reading »
Posted in Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Questions & Answers, Taxation Tagged Consulting, Corporate Income Tax Act, GDP, Incorporation, Personal Income tax, Personal Income Tax Act, Tax Services in Bulgaria, taxation bulgaria, VAT
Bulgaria Ranked in the Top 50 Countries by the World Bank 2012 “Doing Business” Report – Part I
The last report of the World Bank on Doing Business 2012 indicates that Bulgaria is among the top 50 countries in the world regarding the ease of starting a business and in the top 70 countries regarding the “Paying taxes” index. The output of this report has been formed on the base of thorough research among 183 economies from all around the globe. The indicators used are aimed to analyze… Continue reading »
Posted in Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Taxation Tagged Corporate Income Tax Act, GDP, income, Incorporation, Outsourcing, Tax Services in Bulgaria, taxation bulgaria, Value Added Tax, VAT
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