In October 2022, a “Directive of the European Parliament and of the Council on adequate minimum wages in the European Union” was approved to improve living and working conditions in the Union and, more particularly, the adequacy of minimum wages…
We are already used to making substantial changes and additions to the main tax laws every year. With this year being no exception, we will describe below the most important changes coming into force at the beginning of 2023. I….
Starting from the objective fact that the tax legislation in Bulgaria lacks clarity and systematization, it is no wonder that a large part of taxable persons avoids paying taxes. Tax obligations are not always fulfilled in good faith, which creates…
It is common practice that after registering a new company, the company does not start trading activities immediately. Another mass case is existing companies, due to subjective or objective reasons, cease their activities without being liquidated. Usually, the owners and…
In this article, we summarize the most important changes to the Value Added Tax Law, adopted in the first six months of 2022, which came into force on the day of its promulgation, with the exception of some provisions for…
The agreement, promulgated in SG, issue 55 of July 2, 2021, is in line with the priorities of the two countries, the current Bulgarian and Dutch tax legislation and the modern principles of international taxation, reflected in the current Model Agreement of the Organization…
Startup visas incentives for digital nomads and more scale-up companies included in the recovery plan of EU Introduction of a clear procedure for startup visas, incentives for Bulgaria to become a destination for digital nomadism, more ” scale-up companies ” –…
As of July 1, 2020, with a change in the Value Added Tax Act (VAT), the introduction of a temporary differentiated VAT rate was adopted for some sectors that are most affected by the economic crisis in connection with COVID-19….
As of July 1st, new VAT rules enter into force in the European Union, which facilitate the fulfillment of the existing obligations related to the VAT and reduce the administrative burdens for the companies performing cross-border online sales. For online shopping, an electronic portal (electronic one-stop shop…
In Effect on 1 July, 2021 New changes were introduced into national VAT legislation related to the implementation of the provisions of Council Directive (EU) 2017/2455 of 5 December 2017 amending Directive 2006/112 / EC and Directive 2009/132 / EC…