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 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 [...]
The last report of the European Commission on the growth of the EU member states, dated 23th February 2012, provides that despite of the expectations for recession in the Eurozone in general, Bulgaria is expected to demonstrate a steady economic growth and for that reason it is ranked 5th among [...]
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 [...]
Without no doubt, Bulgaria has turned out to be the hottest tax optimisation spot on the European map. The factors which contribute to this event are multiple, but maybe the most distinguished are the considerably lower tax rates, the high level of economic and government stability, the highly skilled employers, [...]
