The European Bank for Recovery and Development (EBRD) expects an increase of the GDP rate with 1.9%. During the previous year the institution was expecting the growth to reach 1.7%. The financial institution emphasizes that the fiscal position of the country remains stable with low deficit. It is also pointed [...]
The latest official statistics announced by the Bulgarian Trade Register claims that Romanian investors are increasingly deciding to register firms in Bulgaria. In 2011 the number of Romanian companies registered in Bulgaria increased by 50% year-on-year. The report adds that the same goes for Greek investors, with the number of [...]
It is the beginning of the year and according the Chapter 5 from the Accounting Law every single Bulgarian company is obliged to complete the year end closure and to prepare and publish its financial statements. The deadlines for the above mentioned obligations are the following: - for the submission [...]
The Specifics of the New VAT Regulation for Member States Presented by the EU – Part I The Specifics of the New VAT Regulation for Member States Presented by the EU – Part II For defining the place of supply of services it is necessary for the supplier to establish [...]
The Specifics of the New VAT Regulation for Member States Presented by the EU – Part I The Regulation establish a definition for a fixed establishment in accordance to which this will be any establishment other than the place of the establishment of the business characterized by a sufficient degree [...]
