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.
Children of Bulgarian citizens and persons of Bulgarian origin
"Child of a Bulgarian citizen" and "person of Bulgarian origin" — these sound very similar, but in Bulgaria they are different concepts. So what is the difference between them, and in which situations does this difference become decisive?
Bulgaria implements MiCA: the crypto market comes under strict control
On 20 June 2025 Bulgaria took an important step towards regulating the crypto industry. The country's National Assembly gave final approval to the Markets in Crypto-Assets Act, which harmonises Bulgarian legislation with the European MiCA (Markets in Crypto-Assets) regulation.
The euro in Bulgaria: how the changeover will work
The euro is due to be introduced in Bulgaria from the beginning of 2026. The ECB has published an ad hoc report giving a positive assessment of convergence in Bulgaria. The European Commission also issued a positive opinion. The country is preparing to adopt the European currency.
Law on Trade Representative Offices
namely: A foreign trading company wishing to open a representative office in Bulgaria and obtain a residence permit for its representatives must provide the…
Current changes in Bulgarian accounting in 2025: what businesses need to know
Bulgaria plans to introduce the Standard Audit File for Tax purposes (SAF-T). It will be implemented in stages, and accountants are already preparing for it, studying the new requirements for submitting information to the National Revenue Agency (NAP).
Simplified company liquidation procedure in Bulgaria: conditions and stages
At present, the voluntary liquidation of a company in Bulgaria is a lengthy and costly process that can stretch out to a year. The procedure involves the successive filing of various applications and publications in the Commercial Register, which makes it burdensome for many entrepreneurs.
What obligations do we have if your company in Bulgaria is not operating
Owners of a Bulgarian company that is not carrying out any activity have a number of obligations towards the state. Failure to meet these obligations may be punished with serious fines. We explain what every owner of a dormant company in Bulgaria, or of a company that has ceased its activity, needs to know.
Parliament has adopted at first reading amendments to the Foreigners in the Republic of Bulgaria Act
They introduce provisions concerning the admission criteria for Blue Card applicants in line with the requirements of the European directive and the national specifics of the regime for the residence of foreigners and of the labour market.
List of goods with high fiscal risk
On 1 May, an order of the Minister of Finance enters into force, supplementing the List of Goods with High Fiscal Risk (LGHFR) with new items as well: construction materials; new and used road vehicles; car parts and accessories; fertilisers.