How to start a Sole Proprietorship (ET) in Bulgaria
Launching a Sole Proprietorship (ET) in Bulgaria offers a straightforward and adaptable pathway for freelancers and small business operators looking to carve out a niche in the local market or starta company in Bulgaria. This extensive guide will provide you with nuanced insights into the prerequisites, the step-by-step registration procedures, and the tax obligations necessary for […]
How to set up an LLC in Bulgaria
The process of establishing a Limited Liability Company (LLC) in Bulgaria has become an increasingly popular route for foreign entrepreneurs seeking to enter the Bulgarian market and open a company in Bulgaria. Known locally as OOD (for multiple owners) or EOOD (for single ownership), this business structure provides a combination of limited liability protection, flexibility in […]
Accounting for Small Businesses in Bulgaria: What to Know
If you want to start a company in Bulgaria or a small business, precise and compliant accounting is essential to ensure the growth of your business. Accounting for small businesses in Bulgaria can seem complex, especially due to specific regulations and bureaucratic deadlines to meet. Therefore, it’s crucial to have a thorough understanding of local […]
How to Open a Fundraising Account and a Bank Account in Bulgaria?
Opening a corporate fundraising account and bank account is a crucial step in the process of company registration in Bulgaria. This step is fundamental to ensure effective financial management and to fulfill the legal obligations required by Bulgarian law. In this article, we will explore in detail how to open a fundraising account for a […]
How to Choose the Right Accountant for Your Business in Bulgaria
If you are a small business owner in Bulgaria or are thinking about registering a new company in this country, one of the most important aspects to consider is choosing a good accountant. Often, small businesses only start looking for an accounting expert when they face significant financial problems or when tax needs become too […]
Key Competencies for Business Success
In today’s highly competitive and constantly evolving business landscape, anyone looking to start a company in Bulgaria needs to possess a complete set of skills to thrive and succeed. The ability to communicate effectively, manage time, understand finance, and adapt to change are just some of the skills that can ensure growth and sustainability. Let’s […]
Cash Flow vs Profit: What’s the Difference?
For any company, whether it’s a small start-up or a large established enterprise, cash flow and profit are two of the main indicators for assessing the economic and financial health of the business. Although they are often used interchangeably, cash flow and profit represent different concepts and provide distinct information about the state of your […]
How to Become a Tax Resident in Bulgaria
Bulgaria stands out for having the lowest tax rates in the entire European Union, an aspect that attracts more and more individuals and businesses seeking to optimize their tax burden. Becoming a tax resident in Bulgaria can prove to be a very advantageous choice for reducing taxes on worldwide income, benefiting from a simple and […]
Taxation of Stock Capital Gains in Bulgaria: A Complete Guide
Bulgaria is rapidly emerging as a key destination for investors thanks to its advantageous and simplified tax structure, which is particularly attractive for those holding digital assets and operating in the stock market. The combination of competitive tax rates, regulatory simplicity, and a stable tax environment makes Bulgaria a particularly appealing hub for stock investors […]
Real Estate Investment in Bulgaria: The Complete Guide
Bulgaria is rapidly becoming a popular destination for real estate investors from around the world. This small country, rich in culture and natural beauty, offers numerous opportunities for those looking to expand their real estate portfolio and obtain benefits such as extended residency. In this guide, you’ll learn how to obtain residency in Bulgaria through […]