31 01, 2013

New Favourable VAT Refund Opportunities For The Auto Market in Bulgaria

2020-10-15T14:40:56+03:00January 31st, 2013|Legislation 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 [...]

30 01, 2013

The Crisis Decreases the Number of the Mergers and Acquisitions Market in Central and Eastern Europe

2020-10-07T11:39:29+03:00January 30th, 2013|Doing Business in Bulgaria|

The market of mergers and acquisitions in the countries from Central and East Europe shrank by 40% in 2012. The main reasons for the registered recession is: the continues debt crisis in the Eurozone, which is a main trade partner in the Region, the political unstable situation in some of [...]

24 01, 2013

Insurance Of An Owner of Solely Owned Limited Liability Company With Second Labor Contract

2020-10-15T14:47:51+03:00January 24th, 2013|Legislation in Bulgaria|

Recently we received a question from a visitor at our website which was the following: “I am a sole shareholder of a limited liability company. In the company I have appointed a director, who I insure. I work on a labor contract with another employer, who insures me for all [...]

21 01, 2013

New Tax Rates in Greece As From The Beginning of 2013 – Part I

2020-10-15T15:11:28+03:00January 21st, 2013|Doing Business in Bulgaria|

After the parliament approved some unpopular measures of increasing its own incomes, which is one of the main requirements for obtaining an international financial help, the households in Greece should go through higher taxes and more expensive electricity in the New Year. During the parliament session, the majority of the [...]

15 01, 2013

Important Changes in Labour Legislation For Year 2013 – Part II

2020-10-02T11:08:37+03:00January 15th, 2013|Legislation in Bulgaria|

As from 1st of January 2013, 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 [...]

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