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 [...]
BG version A great award for our great team from the ADP Annual Convention held in Nice, France! We are proud that we did not betray ourselves and for another year we proved that we are a leading provider of outsourcing services in Bulgaria. It is a [...]
Annual leave entitlements Regular paid annual vacation is a right to every employee in Bulgaria. It is in the interest of both the employer and the employees, before the expiry of the calendar year to execute written documents for postponing the use of the unused days of paid annual [...]
With the below listed, hereby we would like to highlight the latest news distributed by the National Revenue Agency in regards to the declared petty cash availabilities into the Balance sheets of the companies, published their Financial reports for year 2016. Kindly be aware, that If the amount stated in the financial statement as [...]
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 [...]
