Blog on living and doing business in Bulgaria
Law explainers, statistics and news for anyone applying for residence, registering a company or buying property in Bulgaria.
Publishing Annual Financial Statements and Redenominating Capital into Euro: a Guide for Owners of Bulgarian Companies in 2026
For owners of Bulgarian companies, the summer and autumn of 2026 are dominated by extensive reporting and by adapting their business to the euro area. Many entrepreneurs are asking a reasonable question: how do you correctly file your annual financial statements (GFO) and comply with the legal requirement to convert capital into euro?
New social security contributions in Bulgaria from 1 August 2026: what changes for self-insured persons, management contracts and employees on employment contracts
The summer of 2026 has brought important news for businesses and everyone working in Bulgaria. The National Assembly has given final approval to the budget of the State Social Insurance (DOO), under which new thresholds for calculating social security contributions come into force on 1 August 2026.
Does buying a car in the company's name count as activity?
A real case from Bulgaria: how buying a car through a "dormant" company led to an avalanche of fines from the National Revenue Agency (NAP)
Why do people register a DPK in Bulgaria?
A new and highly progressive business form has appeared in Bulgarian corporate law — the Дружество с променлив капитал (DPK), a variable capital company. The…
Relocation of IT specialists to Bulgaria: a detailed review of the grounds for a long-term residence permit in 2026
A guide to the Blue Card, Freelance practice, Digital Nomad and Trade Representative Office in the context of Schengen and the euro
Europe that earns: Why Bulgaria is ideal for digital projects and international teams
When it comes to choosing a country to start or relocate a business in Europe, the familiar giants often come to mind: Germany, France or the Netherlands. However, sophisticated entrepreneurs and investors are increasingly turning their gaze to the south-east — to Bulgaria.
What hidden profit distribution is in Bulgaria and how to avoid fines
A practical guide for business owners and company directors
Guide to registering a business in Bulgaria: Tax differences between ET and EOOD
Starting your own business in Bulgaria always comes down to a key legal and financial question: register as an ET (Едноличен търговец) or set up an EOOD (single-member LLC, Еднолично дружество с ограничена отговорност)?
The new VAT trap when selling property in Bulgaria: a breakdown of the rules, penalties and hidden details
Bulgaria continues to actively discuss the amendments to the Value Added Tax Act (ЗДДС) that entered into force on 1 January 2026 (under the Act amending the ЗДДС, published in «Държавен вестник», No. 115 of 30 December 2025).