Transfer pricing is a practice which is usually connected to international operations. It’s related to non-market approach in defining prices of products and services, which are being delivered from one division of the organisation to another. Despite of the administrative pricing, the operations can be conducted on the basis of [...]
As from 1st of January 2013, a new requirement came into force for a separate garbage collection from all trading organizations, industrial, farm and administrative buildings at the territory of the Republic of Bulgaria. According to the new requirement, the following listed wastes should be collected separately: - Paper and [...]
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 [...]
Regarding the tax rates in the countries from the European and specifically the Balkan area, Bulgaria definitely stands out of the crowd by keeping its VAT tax, Personal Income Tax and Corporate Tax rates lowest (see table 1 below). Moreover, less than a month ago the Parliament accepted the so [...]
