The VAT rules and regulations in the European Union are changing and developing all the time. Since 1st of July 2011 there is a new concise piece of guidance which is called the EU VAT regulation. This article will discuss some of the main aspects of this Regulation. The Regulation [...]
Good ideas, if they are really good, can be converted into good, strong and successful business in every part of the world. There are few things that need to be considered before you head the direction of your choice. The most appropriate place for your particular business idea is the [...]
A private limited liability company is a company with share capital owned by the shareholders whose liability is limited to their participation in the capital subscribed. It can be OOD – a LLC with two or more shareholders or EOOD – with only one shareholder. The shareholders can be physical [...]
The Tax System In Bulgaria – Brief Description – Part I The Tax System In Bulgaria – Brief Description – Part II LAW FOR PERSONAL INCOME TAXATION Under the regulation of this law are individuals – resident or non-residents, local or foreign citizens. The following incomes are not under the [...]
In the report for economic freedom prepared by the Canadian institute Fraser for the year 2011, participated 141 countries and Bulgaria impressively ranked among the first 30 countries in the world. Not only it ranks among the top places, but the country also demonstrates a steady climbing the last three [...]
