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. ...
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 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. ...
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 ...
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: ...
June 30, 2021 is the deadline for publishing of the non-activity declaration for the year ended 31 December 2020 in the Commercial Register and the NGOs Register, through an economic publication or via the Internet. ...
Most often, the right of ownership over a business enterprise, as a set of rights, obligations and factual relations, is transferred by a Sale and Purchase Agreement. However, it is also possible the transfer of an enterprise to be made through another legal transaction and method. For exampl...
September 30, 2021 is the deadline for publishing of the annual financial statements for 2020 in the Commercial Register and the NGOs Register, through an economic publication or via the Internet. ...
An Association of condominium owners may be established for one or more entrances of the building or for several buildings under condominium ownership arrangements, which are semi-detached in the process of construction. The owners may establish an association with the view of absorbing resources from the Eur...
Any commercial company in Bulgaria may appoint a procurator (business manager) to manage its enterprise. More often, appoint a procurator to carry out all and any commercial activities of the company. However, the representative power of the procurator is more limited than that of the genera...
