The digital nomad visa is finally available in Bulgaria Who Are Digital Nomads? Digital nomads work online while travelling or living abroad. The lifestyle is location-independent and internet-based. Remote jobs replace the need for a fixed office. Many move between countries using flexible visa options. One of the main challengesContinue Reading
Your USDT are frozen by Tether and you don’t know what to do? In the first four months of 2025 alone, as VD&A reports, there were seven times more requests for assistance to unfreeze blocked Tether (USDT) accounts than there were in all of 2024. The huge increase is worrying,Continue Reading
Company valuation in Bulgaria What is the value of your Bulgarian company? The valuation of the company is extremely important if you are selling your shares or if you want to distribute dividends to yourself. Today we will look at a real case of a foreigner who “sold” his companyContinue Reading
The latest amendments in the Bulgarian Commercial Law and the introduction of the long awaited Variable Capital companies Variable Capital Companies (in Bulgarian “DPK” or “ДПК”) are a specific types of companies, which are regulated in the new Article 260a – 260e of the Bulgarian Commercial Law. When the companyContinue Reading
BETL hits Bulgaria The BETL Ponzi scheme stunned many Bulgarians and foreigners, living in Bulgaria. It’s hard to estimate the number of people hit by the scam, but we are talking about tens of thousands, to say it the least. One of the main factors for the “success” of BetlContinue Reading
Bulgarian banks (with few exceptions) pay no interest on deposits Once a centre of high-interest deposit accounts, Bulgaria is now what Switzerland was 20 years ago – zero interest rates on bank deposits in all major banks. Many foreigners are baffled as to why Bulgarian banks seem not to wantContinue Reading
Filing a tax return based on the work of an unreliable accountant in the past Here is our problem for today. A Bulgarian company has entrusted its accountancy to a person or to a company (we will call it the “bad accountant”) that has acted in bad faith. The badContinue Reading
Or why you should be careful, really careful of who you assign to be your liquidator In Bulgaria, when the owner of a company decides to dissolve it, a special liquidation procedure must be initiated. This is the same in most EU jurisdiction by the way. At the start ofContinue Reading
EU citizenship – nothing compares to you Passports come in all forms and shapes. There are many passport rankings, trying to determine which are the “strongest” passports in the world. All these rankings however only take into consideration the number of countries one can visit visa-free. The passport of SingaporeContinue Reading
