Bulgaria Highlights

2020-10-02T17:50:06+03:00February 13th, 2011|Accounting and Reporting|

Currency: Bulgarian Lev (BGN) Foreign exchange control: No, but some reporting requirements apply. Accounting principles/financial statements: Bulgaria applies IFRS as a statutory accounting basis. Only certain entities are entitled to opt to apply the national financial reporting standards for small and medium-sized enterprises. Principal business entities: These are the limited [...]