NRA (National Revenue Agency) Tax Audits for Companies Declaring Over 100 thousand in Cash NRA inspections and tax audits for cash of firms National Revenue Agency`s tax audits have been launched for two thousand five hundred (2,500) trading companies (TCs) and twelve thousand eight hundred (12,800) individuals in Bulgaria declaring
High-skilled employment in Bulgaria – lucrative and in high demand Obtaining EU Blue Card is now easier than ever. Don’t get me wrong here – it’s not easy at all. The Bulgarian legislation is complicated and the bureaucratic load is immense. It’s just that the procedures are now streamlined and
The times when arrogant clients could force the seller (or the service provider) to issue refund are now over Every seller or service provider knows about this problem. This is when an unscrupulous client demands refund, even though the service has been provided or the goods delivered. The usual “nuclear
Citizenship by itself is much more complicated than it may sound to many. The difference between citizenship, nationality, origin, etc. may be hard to define, especially in international law. The Bulgarian Constitutional Court about the citizenship of Mr Kiril Petkov Recently, a controversial legal dispute started with regard to the
More and more VD&A clients are receiving positive assessment by the Bulgarian Citizenship Council. This practically means that the Council recommends to the Bulgarian President to issue a decree for the issuance of Bulgarian citizenship of the VD&A’s clients. Investor from the USA, customer of VD&A, is approved for Bulgarian
What is a Foundation? The Foundation is a non-profit legal entity and with independent property formed by donations. In Bulgaria, the law allows the founders of a Foundation to be foreigners. The Law on Non-profit Legal Entities in Bulgaria regulates everything concerning the establishment, operation and termination of a foundation.
Interpretative decision of the Supreme Administrative Court A long-awaited interpretative decision of the Supreme Administrative Court (SAC) has been issued. According to the decision, if you are a manager of a company, a member of the management body or an appointed procurator and you have failed to publish data on
Protests not only in Bulgaria but also in Belarus Citizenship by investment – a rescue plan for Belarusian business Immediately after the announcement of the election results in Belarus, the interest in obtaining Bulgarian citizenship increased enormously. Obviously, the unstable political situation in Belarus makes a large part of the