Crossing the Bulgarian border when travelling to/from another EU country with more than 10 000 EUR in cash Which corridor (green or red) do we go through after the changes in the Bulgarian Currency Law of 2023? Today, we will discuss a case that is likely to create serious problemsContinue Reading
The NEXO scandal brings bad news for the “regular tax dodgers” The people in Bulgaria are very well aware of the scandal that unveiled in recent weeks with the crypto platform Nexo. For those who are not aware of what happened though, as reported by Reuters, four Bulgarian nationals haveContinue 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
We will take care for your all-year-round accountancy. At the end, we will prepare and submit your annual tax returns, so you can be 100% legally compliant… Euroformat.eu Annual returns are due in Bulgaria as follows: March 31st – for companies; April 30th – for private individuals. From 2018, theContinue Reading
