Recent content by nov111

I will upgrade the account in a few days and then I can recommend. Forum rules must be respected :)

The government never dissolve your company automatically. There are yearly fines if you don’t publish annual report in commercial registry. It depends - from 500 to 1000 euro.

The procedure is as follows: 1. A certificate must be issued by the national revenue agency. 2. A liquidator is appointed (may be the manager) and must make a notarized consent to this. 3. The documents are filed with the Commercial Register and the company is declared in liquidation. 4. If the...

Now the registration threshold is 100000 BGN (51129 EUR). To avoid registration, you must be under this threshold and not do anything with EU companies/persons - neither buying services/goods nor offering them. Then you don't need to register.

This was a proposal of the caretaker government of pro-Russian President Rumen Radev. With the appointment of the regular government, the current finance minister rejected this foolish idea. That can't happen. Overall, the aim was to "mine" the future (already elected) pro-EU government and...

Dividends from FZE should be subject to 5% dividend tax in Bulgaria. As long as you are a taxable person in Bulgaria. Here is a brief extract from the double taxation agreement between Bulgaria and the UAE: 1. Dividends paid by a company resident in one Contracting State to a resident of the...

This is not true. Paysera offer BG IBANs, are issued by Eurobank Bulgaria (Postbank). ICARD have BG IBANs, but you cannot register a company with their account, you can after registration. This is also the easiest way to open a company in Bulgaria - with Paysera. They also have a service office...

I see a few important details here: https://support.nebeus.com/portal/en/kb/articles/whatcanyoudowithbusinessaccounts What can't you do with business account? Third party transfers are not allowed Business accounts do not provide you a personal IBAN number If they allow them in the future it...

Registering as a freelancer is not a good idea. Realistically, you can't deduct expenses, you can reduce the taxable base by 25%, you can't include expense invoices. It is better to register a company, self-insure at minimum wage (insurance is about 200 BGN per month), then pay 10% corporate...

In general, banks in Bulgaria avoid opening accounts for foreigners. There is a chance if you have a permanent residence document in Bulgaria. An option for EMIs is PaySera (they have virtual individual IBANs from Postbank). If you are an EU citizen, you can open an iCard account. Both allow...