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Practical articles on the questions my clients face most often.
Preparing Your Company for the Euro in Bulgaria
Companies whose capital is stated in leva must convert their deed of incorporation, memorandum or articles of association into euro by 31 December 2028. See the steps, examples and fees.
Read →Taxation of property sale in Bulgaria
The purchase and sale of real estate in the country lead to tax obligations related to declaration, payment of taxes, deregistration from the tax service after sale, etc.
Read →Beneficial Owners of legal entity in Bulgaria
Between 1 February 2019 and 31 May 2019, commercial companies and non-profit legal entities were obliged to file data regarding their ultimate (actual) owners.
Read →Publicity of companies' financial statements - basic terms
Under the Accounting Act, enterprises are required to publish their annual financial statements, the consolidated financial statements and the annual reports.
Read →Liquidation of a company registered in Bulgaria
For a company "closure" in Bulgaria, a "company liquidation procedure" should be carried out - clearly regulated in the Commercial Law of the Republic of Bulgaria.
Read →Commercial Register and Register of Non-Profit Legal Entities to the Registry Agency
From 01.01.2018, the Law on the Commercial Register and the Register of Non-Profit Legal Entities to the Registry Agency came into force.
Read →Requirements for the transfer of company shares in OOD/EOOD
With several subsequent amendments to the Commercial Act of the Republic of Bulgaria, the transfer of shares in limited liability companies took different forms and order.
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