The decisions of the Supreme Court, the importance of “intention” and “knowledge” and why a professional tax audit is a must… Negligence by many foreigners about their tax responsibilities in Bulgaria Foreigners doing business in Bulgaria often underestimate the consequences of fiscal non-compliance. Many tend to believe that eventual non-paymentContinue Reading
Tax evasion in Bulgaria and criminal responsibility Bulgaria enjoys the lowest EU flat tax rate of only 10%. But as is often the case, the coin has two sides. The dark side of the Bulgarian legislation is the ultra low level of tax evasion that triggers criminal responsibility. Anyone whoContinue Reading
Doing business in Bulgaria Israelis are good in doing business. And Bulgaria is the best EU country for Israelis to do business in. But in Bulgaria, one needs solid legal support and local knowledge to make things happen. And to make them happen fast. טובים השנים מן האחד We provideContinue Reading
Straightforward accountancy requirements and low taxation Registering Bulgarian company has been the best business solution for many non EU citizens throughout the years. Businessmen from China, India, Pakistan, South Africa, etc. are storming our offices every year with request to register Bulgarian company. It is mainly the ease of operationsContinue Reading
It is (still) possible to legally protect your assets We have been advocating since many years the advantages of setting up a foundation in Bulgaria and how it can be utilized for asset protection purposes. Now, in July 2022, the use of private foundation in Bulgaria is probably the lastContinue Reading
The Bulgarian limited liability company is the best capital protection tool and the most economical way for doing business in the EU. Our best promotion in 2022 – Bulgarian LTD with all the bells and whistles You will be saving 550 EUR on our limited promotion in 2022. What youContinue Reading
The hardest thing in the world to understand is the income tax. Albert Einstein Taxes in Bulgaria – what to do when you get the taxman knocking on your door Everyone knows already that Bulgaria applies the lowest EU tax rate – 10% only. Both companies and individuals pay theContinue Reading
The scammers are striking again. In 2021, we are now witnessing more scammers offering Bulgarian company formation, than ever before. Bulgaria has extremely low tax rate, but it is not an offshore tropical island with shady practicies! The country is fully fledged EU member state for 14 years already andContinue Reading
I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson More and more clients are coming to us for assistance, whose bank accounts in Bulgaria have been frozen. It is unfortunate, but we see a clear pattern of more and more accounts being blockedContinue Reading
