Every employee is entitled to paid annual leave. According to Art. 155 para 1 of the Labour Code when starting work for the first time the employee may use paid
According to the Labour Code, Art. 70 states that where the work required to verify the suitability of the employee to perform, final acceptance of the work can to be
According to the Social Insurance Code self employed are: – Freelancers and / or craft activity of registration; – Persons engaged in work as sole traders, owners or partners in
According to VAT car is a car in which the number of seats the driver does not exceed 5. The fuel expenses for a car classified as maintenance costs repair
Companies which accounted representative expenses are subject to tax 10%. Representative expenses are considered: – Costs associated with the activity of the company for example: organizing business events, buying food
Value Added Tax 1.1.The tax rate is 20 percent for: – taxable supplies, unless expressly specified as being subject to a zero-tax rate – import of goods on the Bulgarian
You want to start a business in Bulgaria? This can be done easily by trusting our team of professionals. We offer consulting services to answer your questions and to realize
Compulsory VAT registration – art. 96, para 1 of the VAT Act. An obligation for registration arises when a taxable person reaches a taxable turnover of BGN 50 000 or
