As of 1 January 2026, Bulgaria introduced the euro as the official currency. At the same time, the country started the year without adopted budget laws, which led to a “freezing” of the main thresholds, taxes, social security contributions and benefits at their 2025 levels, with the amounts being [...]
With the anticipated adoption of the euro as the official currency of the Republic of Bulgaria on January 1, 2026, the country enters a pivotal stage in its economic development. This transformation affects everyone — from small businesses to large corporations, from public institutions to individual consumers. And preparation cannot [...]
As of June 1, 2025, all data concerning employees’ labor activity will be stored in a newly developed electronic register by the National Revenue Agency (NRA) – the so-called Employment Register.Data for the new register may also be submitted via the public API service.A draft amendment to the Ordinance on [...]
BG version As of 01.01.2024 there is a change in the scope of income that needs to be part of the report under Art. 73, para. 6 of the Personal Income Tax Act (PITA). With this report employers are obliged to declare the taxable income [...]
