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-payment
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 who
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, the
Tax compliance and accountancy services with full legal support Many foreign businesses in Bulgaria struggle to find reliable accountant or accountancy company. We know many horror stories of accountants who have ruined foreign businesses in Bulgaria. Don’t become one of those! If you are trying to find the perfect accountancy
Fixed packages for international companies in Bulgaria. Full accountancy services with legal support by tax lawyers. We believe this to be the one of a kind service in Bulgaria. The shortcoming of good accountants with corporate mindset in Bulgaria If you have been doing serious business in Bulgaria, you should
Bulgaria is becoming an increasingly attractive target for large business companies and organizations. However, more and more Russians, British, Japanese, Chinese, Americans are settling permanently with their families in Bulgaria. Many of them decide to start a business in our country. For them, basically, we wrote this “manual”. Step No.