Sb Office’s Working Time in September 2016

Dear Clients & Partners, With the present, we would like to kindly remind you for the forthcoming September holidays in Bulgaria, namely the National Unification Day and the National Independence Day. In this connection, please be informed that our office will be closed for business during the following time slots: On the 5th and 6th of September 2016 [...]

August 23rd, 2016|Doing Business in Bulgaria|

New Requirements for Companies Which Are Subject to Statutory Independent Audit

As of 2016, there has been changes in the quantitative criteria regarding the statutory financial audit. These changes shall be applicable for the publishing of the financial statements for year 2016 and they are as follows:   Audit requirements Old legislation New legislation Balance value of assets 1 500 000 BGN 2 000 000 [...]

July 5th, 2016|Accounting, Changes in Legislation, Clients Showcase|

Happy 4th of July, America!

Independence Day is truly one of the most important days in the history of any country. 4th of July is therefore an important day for the people of the United States as the country became free and declared its independence on this special day. To all our American clients, friends and partners out there – Happy [...]

July 4th, 2016|Clients Showcase|

Аutomatic exchange of financial accounts information in the field of taxation

What is automatic exchange of financial accounts information? To promote global fighting with the cross-border fraud in the field of taxation and prevent tax evasion, the Organization for Economic Cooperation and Development (OECD) has established the Common Reporting Standard (CRS) for automatic exchange of financial account information. The Standard provides that tax authorities [...]

June 20th, 2016|Bulgarian Tax Guide, Taxation|

Coca-Cola Bulgaria Introduces Returnable 750ml Glass Bottles

To celebrate 130 years of Coca-Cola, Bulgaria has introduced a first-of-its-kind 750ml returnable glass bottle. The format is a tribute to Coca-Cola’s rich heritage and iconic glass bottle, but with a modern twist, based on new insights into consumer behavior in Bulgaria. The creative pinnacle of the new design is the Coca-Cola logo [...]

June 16th, 2016|Clients Showcase|