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  1. Home /
  2. Posts tagged "corporate Income Tax Act"
The “Weekend Tax” in Bulgaria: Taxing Company Assets for Personal Use (Complete Guide)
Taxes and VAT  |   June 19, 2026

The “Weekend Tax” in Bulgaria: Taxing Company Assets for Personal Use (Complete Guide)

1. Introduction: What is the “Weekend Tax” in Bulgaria? In modern business practice in Bulgaria, it is common for companies to acquire assets such as passenger cars, real estate, mobile
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corporate Income Tax ActVATweekend tax
Accounting  |   October 17, 2014

Fuel expenses of car

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
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accountingaccounting servicescorporate Income Tax Actfuel expensessocial costsVAT
Accounting  |   October 16, 2014

Representative expenses

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
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accountingaccounting servicescorporate Income Tax Actorganizing business eventsrepresentative expensessocial coststax rules
Taxes and VAT  |   September 28, 2014

Taxation in Bulgaria

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
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accountingaccounting serviceschapter III of the VAT Actcorporate Income Tax Actindividual Income Tax Actminimum monthly salaryminimum salary for the countryminimum social security incometax ratesVAT

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