Strategies for Corporate Cost Control in Bulgaria
Open company in Bulgariais no small feat: it’s a delicate balance between passion for the product or service offered and maintaining effective economic management. Cost control is a crucial aspect of business management, as it allows for smooth operations and ensures the long-term survival of the company. Uncontrolled expenses, especially in an environment of rising […]
Strategies and Solutions for Managing Financial Challenges in the Workplace in Bulgaria
In Bulgaria’s current economic context, companies face various financial challenges in the workplace. It is essential for Bulgarian companies to develop skills in solving financial problems to mitigate risks, improve stability, and foster sustainable growth. The ability to quickly adapt to economic changes and evolving tax regulations is crucial for survival and success in a […]
Establishing a Company in Bulgaria: Complete and Updated Guide
Bulgaria represents a strategic destination for starting business initiatives thanks to a combination of favorable economic and logistical factors. The country offers a welcoming business environment characterized by: Let’s see the steps to establish a company in Bulgaria and benefit from all these advantages. Read also: How to Obtain a Bulgarian Type D Visa: A […]
How to Obtain a Bulgarian Type D Visa: A Guide to Requirements and Procedures
The Type D visa for Bulgaria is essential for those wishing to settle in the country long-term, for example, to start a company in bulgaria. This visa, also known as a long-term stay visa, allows multiple entries and is intended for workers, students, entrepreneurs, and investors. In this article, we will explore the process of […]
Company Formation in Bulgaria: How to Do It?
Bulgaria, located in Southeastern Europe, is emerging as an increasingly attractive destination for entrepreneurs looking to establish new businesses in the region. The country boasts a strategic location, a favorable economic climate, and competitive labor costs, making it an appealing option for both local and foreign investors. Bulgaria is also part of the European Union, […]
Working Remotely from Bulgaria: Opportunities and Advantages for Professionals
In recent years, remote work has become an increasingly widespread and appreciated reality for numerous professionals around the world. Thanks to the flexibility and the ability to work from anywhere, many individuals are exploring different destinations in search of an environment that can offer both a good work-life balance and an affordable cost of living. […]
Bulgarian Commercial Representative Office: An Opportunity for EU Residency
The pursuit of residency in the European Union is a goal for many digital nomads and entrepreneurs. The prospect of residing within one of the world’s most significant economic and political blocs opens up countless opportunities for mobility and entrepreneurial growth. Among the various options available, Bulgaria has emerged as an exceptionally accessible nation thanks […]
Taxation of authors’ fees and licenses in Bulgaria
In Bulgaria, tax legislation precisely defines the taxation of fees received by authors and for exploitation licenses of works protected by copyright, as well as royalty payments. These incomes are primarily regulated by the ITNPA (Income Taxes on Natural Persons Act), the CITA (Corporate Income Tax Act), and the VATA (Value Added Tax Act), each […]
Auditing Service in Bulgaria for Your Firm
Bulgaria has earned the reputation of being an attractive country in Europe to open a company or start a business. Start a company in Bulgaria is an option considered by many due to the favorable business environment. However, we cannot forget that maintaining financial integrity and compliance is essential for the success of any company. […]
Accountant Versus Bookkeeper: What is the Difference?
Are you up to open a company in Bulgaria and you have found yourself confused about the difference between an accountant versus bookkeeper? Many people use the terms interchangeably, but they actually refer to distinct roles with different responsibilities. Understanding the difference is crucial for business owners and entrepreneurs who want to ensure their finances […]