Accounting Bulgaria Bookkeeping

February 2016

Important changes in labour and tax legislation 2016

2018-03-20T15:54:45+02:00February 3rd, 2016|Accounting, Bulgarian Laws in English, Bulgarian Tax Guide, Changes in Legislation, Doing Business in Bulgaria, Questions & Answers, Taxation in Bulgaria|

Dear clients and partners, As from 1st of January 2016, there are changes which have been officially announced and implemented in the Bulgarian labour and insurance legislation. Driven by our constant desire to always keep you updated with all the statutory changes in Bulgaria that concern you and can directly influence your operations, we have [...]

May 2013

Nature and Types of Transfer Pricing – Part II

2018-03-20T15:54:45+02:00May 22nd, 2013|Accounting, Clients Showcase, Consulting, Questions & Answers|

(continuing from Nature and Types of Transfer Pricing – Part I) When making inter-company deliveries at market prices, all of the divisions can realize profit. The amount of the profit is a true indicator for the effectiveness of their activity. The market price is a criterion for the profitability of the whole chain of inter-company [...]

Nature and Types of Transfer Pricing – Part I

2018-03-20T15:54:45+02:00May 20th, 2013|Accounting, Clients Showcase, Consulting, Questions & Answers|

Transfer pricing is a practice which is usually connected to international operations. It’s related to non-market approach in defining prices of products and services, which are being delivered from one division of the organisation to another. Despite of the administrative pricing, the operations can be conducted on the basis of market principles whereas through the [...]

January 2013

New Favourable VAT Refund Opportunities For The Auto Market in Bulgaria

2013-01-31T10:36:12+02:00January 31st, 2013|Changes in Legislation, Taxation in Bulgaria|

With the changes in legislation a lot of favourable conditions are back for getting a VAT refund when acquiring or renting company’s cars. Some changes in the legislation provide greater opportunities for companies to deduct VAT. Companies could use tax credit in the following cases: when they use an operating leasing, when they buy cars [...]

April 2012

Investment Activity In the Manufacturing Sector – Interesting Statistics

2018-03-20T15:54:46+02:00April 17th, 2012|Accounting, Consulting, Doing Business in Bulgaria, Taxation in Bulgaria|

The investment business survey, conducted by the National Statistics Institute among manufacturing companies during the second half of March 2012, provided information for the realized by them investments in 2011and also their investment plans for the present year. In 2011 the expenses for acquiring tangible and intangible fixed assets in the manufacturing sector are with [...]