Business
Transferring a company: is it risky?
Closing a company in Bulgaria is far harder than opening one – it takes more time and more money. No wonder many people try to sell companies they no longer…
Risks when buying property
Buying property – especially in another country – always involves risks. Let us look at what those who have decided to purchase an apartment or a house in Bulgaria need to pay close attention to.
What does an employer owe an employee upon dismissal?
How do you terminate an employment relationship so that it does not lead to conflicts and problems later on? Know your rights and follow the law!
I am buying land and a house registered to a company — is it possible to recover VAT?
When buying property, foreign nationals often register it not in their own name but in the name of a company. Is it possible to recover VAT in this case?
Social security contributions and taxes: what changes in 2021
From 1 January 2021 the minimum wage in Bulgaria rises to 650 leva. This means additional costs for employers, and the minimum social security payments will also increase.
Paysera — an alternative to bank accounts in Bulgaria
The Paysera payment system has already gained popularity with individuals and companies across Europe, including Bulgaria. What makes it good, and who should use it?
Taxes for freelancers in Bulgaria
Bulgaria is a relatively inexpensive country, which is why freelancers from all over the world are happy to come here. Living in Bulgaria, they can save on taxes.
What is a DUK contract? Who needs it, pros and cons
A DUK, or "договор за управление и контрол" (management and control contract), is a contract that a company concludes with its director. What is it for, when is it advantageous and when is it not?
Occupational medicine in Bulgaria: what is it and why is it needed?
Entrepreneurs who hire employees are required to sign a contract with an Occupational Medicine Service (OMS). What does this service do, and why is it needed?