Taxation

This comprehensive guide delves into the intricacies of VAT in Bulgaria, elucidating the rates, regulations, and compliance requirements for 2024. Understanding VAT is crucial for businesses and individuals alike, as it plays a significant role in the Bulgarian tax system, influencing both local and EU transactions. Let’s explore the fundamentals of VAT in Bulgaria. Understanding […]

In the ever-evolving landscape of global business, understanding the corporate tax rates and expenses for companies operating in Bulgaria is crucial. This article delves into the intricacies of corporate tax in Bulgaria, considering both local and foreign companies. Overview of Corporate Tax in Bulgaria The corporate tax in Bulgaria is imposed on the profits of […]

The topic of double taxation is crucial for individuals and businesses engaged in cross-border activities. In Bulgaria, understanding tax treaties and the implications of taxation is essential for both residents and non-residents. This article delves into double taxation relief mechanisms available in Bulgaria, explaining how these treaties function to avoid double taxation, thereby ensuring fair […]

This comprehensive guide aims to provide essential insights into payroll in Bulgaria, specifically tailored for employees navigating the complexities of their compensation. With the ever-evolving labor landscape, understanding the nuances of payroll is crucial for both local and foreign employees. This article will delve into key aspects such as salary, social security contributions, and the […]

As the global economy evolves, many individuals and businesses are exploring the advantages of establishing tax residency in different jurisdictions. Bulgaria, known for its low tax rates and favorable tax system, is becoming increasingly popular among digital nomads and expatriates. This comprehensive guide will walk you through the essential aspects of obtaining tax residency in […]