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....
Read MoreBoth Bulgarian citizens and legal entities, as well as foreign ones, may apply for a trademark registration in Bulgaria. Registering a trade mark is a way to build and defend your brand. When using the trade mark, the proprietor may indicate the registration of the said mark by placing the regi...
Read MoreThe Withdrawal Agreement envisages a transition period until 31 December 2020 after Brexit during which the UK nationals in Bulgaria and their family members must take some actions to continue their legal stay in the country. If you are a UK citizen or the fa...
Read MoreAll business entities and NGOs incorporated within the territory of the Republic of Bulgaria shall have an AML contact person. As per the companies and NGOs are obliged to obtain, hold and provide an accurate information on the natural persons who are the beneficial owners thereof. The informatio...
Read MoreThe deteriorating relationship between the principal and the proxy and the loss of trust between them is the most common reason for the revocation of Power of Attorney (PoA). When giving power of attorney, citizens underestimate the possibility of a breach in their relationship with the proxy at some poi...
Read More
