Foundation in Bulgaria

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.Continue Reading

Collecting our receivables One of the most important and pressing issues in the current global economic crisis is related to payments between economic entities, and the so-called large intercompany indebtedness(and collecting receivables in the best way). The deteriorated economic environment creates grounds to multiple delayed payments, and most trade personsContinue Reading