All Business Opportunities and Investments in Bulgaria
Bulgaria is emerging as a strategic destination for international investors due to its growing economy, favorable tax policies, and advantageous geographical position. Located at the heart of the Balkan region, Bulgaria offers a stable economic climate, a competitive labor market, and a range of incentives to attract foreign investment. The country has demonstrated strong adaptability […]
Bulgarian Startup Scene: Why It’s So Favorable
The startup scene in Bulgaria is bustling, marked by impressive growth and ongoing innovation. This ecosystem is fueled by a combination of favorable factors, such as the country’s strategic location, access to exceptional talent, and a range of supportive government initiatives. These elements make Bulgaria an attractive place for both local and international entrepreneurs, as […]
7 Reasons to Relocate a Business to Bulgaria
Bulgaria is rapidly becoming a preferred destination for many entrepreneurs seeking a cost-effective and strategic solution for their businesses. This country offers numerous advantages, both fiscal and operational, making it an ideal choice for those looking to start or relocate a company. Here are seven key reasons why start a company in Bulgaria might be […]
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 […]