tax audit in Bulgaria

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 inspection Bulgaria

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

Bulgarian seafarer

How are seafarers taxed in Bulgaria In many countries, seafarers enjoy preferential tax treatment, compared to those who work on-shore. Bulgaria is no exception. Since 01.01.2010 the Bulgarian legislation foresees different tax regime to seafarers for their income from employment relations. So let’s dig into the legal details below. WhoContinue Reading

tax liability in Bulgaria

We often receive questions from non-Bulgarian clients regarding their personal tax status (liability) in Bulgaria. Below is our legal analysis on the matter. Good Day,My name is Steven. Me and my wife are considering moving to Bulgaria and would like to ask few question regarding potential income tax liability. IContinue Reading