2021 tax rates and social security contributions in Bulgaria
In 2021 tax rates and social security contributions in Bulgaria remains unchanged. However, the monthly expenses may increase due to the increase of the minimum wage and the minimum insurance thresholds which are different for each business and profession.
What is the Apostille Stamp? Why do you need it? How to get it?
Often you may hear from your lawyer to say that a document needs an Apostille stamp.
The apostille proves that public document is authentic. The apostille certificate confirms the signature, seal or stamp on a public document to be genui...
Leaving a limited liability company in Bulgaria
Leaving a limited liability company by giving written notice of withdrawal is one of the ways of termination of membership in Bulgaria. It is most often used when the partner cannot sell his shares to the other partners or to a third party.
Termination of employment contract in Bulgaria
The most common reasons for termination of employment contract in Bulgaria are the resignation, staff reduction, mutual agreement, lacks of capacity for efficient working performance, etc.
The Bulgarian Labour Code entitles both the employer and employee...
Buying a car in Bulgaria
Due to the lower taxes on vehicles a lot of foreigners buy and/or register a car in Bulgaria.
When buying a car in Bulgaria, foreigners who reside permanently in the country may choose between two options: