Q: Our company is a leading trading firm registered in Bulgaria and operating in several markets in EU. We wish to stimulate our employees by awarding them with different types of non-pecuniary bonuses like TV's, computers, cars and etc. So can you please advise if this would be deemed as [...]
The rate of tax on the expenses in Bulgaria is 10%. The tax on expenses is paid until the 15th day of the month succeeding the month in which the expense was charged. Where the taxable person has overpaid tax on expenses or corporate income tax, the said tax may [...]
Please find below the second part of our study about the change of the Bulgaria legislation 2011 regards the Use of annual paid leave. If you have missed the first part please read it here first... The employer is obliged to inform all employees of the approved schedule and to [...]
In the State Gazette, issue 18 of 1 March 2011 amendments to the Labour Code were promulgated, regulating certain disputable issues with respect to the use of annual paid leave. In relation therewith, amendments were also introduced in the Regulation on the Working Time, Rests and Leaves, promulgated in the [...]
The Labour book is an official personal document described in art.347 from the Labour code. It serves for registration of the Employee’s labour experience. In compliance with the Civil Procedure Code of the Republic of Bulgaria, the Labour book is the official document for proving circumstances and facts connected to [...]
