The Tax System In Bulgaria – Brief Description – Part I

The Bulgarian tax system is famous as one of the most favourable and business friendly in Europe. Here we will list the rates and short descriptions of the main taxes due.

VAT LAW
In Bulgaria the companies’ VAT registration can be either compulsory or voluntary. Every company which have reached income of BGN 50,000 within the last 12 calednar months income are obliged to… Continue reading »

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Interested In Going Offshore? No Problem! Sb Accounting & Consulting Is Here For You!

One hot topic circulating around Bulgaria today is “Should I move offshore?” Tax advantages are just one side of the story. But what else have offshore jurisdictions to offer to entrepreneurs and how Sb Accounting & Consulting can assist you in entering these markets? Find all the answers here.
It is a fact that numerous international multi-million corporations tend to go offshore… Continue reading »

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Sb Accounting & Consulting – Our History, Team and Corporate Values

Good afternoon everybody! Sb Accounting & Consulting is happy to announce the new video update in our company’s official webpage. We welcome you to visit our renewed Video section in the Media & Communication department where you can now find the latest interview with the Business Development Manager of our company Mr. Bogdan Georgiev. Mr. Georgiev speaks about the company’s history, main areas of expertise, the team and… Continue reading »

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Posted in Accounting, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Payroll, Questions & Answers, Taxation | Tagged , , , , , , , , , , , , , , |

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 »

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Posted in Accounting, Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Payroll, Taxation | Tagged , , , , , , , , , , , , , , , , , , , , |

The “Financial Stability Pact” and Its Consequences to the Fiscal and Tax Environment in Bulgaria

The debate over financial stability and risk management practices has never been that intense on a global scale. Of course, this is due to many factors and events such as the heavy hit of the global financial crisis, the increasing need of assurance and expert advice to investors and their planned undertakings, the concern regarding the uncertainty and the inconsistency of the nowadays economy environment (e.g. Greece, Portugal, Ireland). In… Continue reading »

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Posted in Accounting, Bulgarian Laws in English, Bulgarian Tax Guide, Consulting, Doing Business in Bulgaria, Incorporation, Outsourcing, Taxation | Tagged , , , , , , , , , , , , , |