Business and accounting

New tariffs for trade missions

Bulgarian Chamber of Commerce and Industry (BCCI) from November 1, 2019 raised tariffs for trade missions of foreign firms. The increase in tariffs affected registration of trade representative offices of foreign companies and Edition certificate of relevance to receive D Visas and residence permit (residence permit) in Bulgaria.

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Taxation of legal entities in Bulgaria

Foreign citizens can stay on the territory of Bulgaria on various grounds, but not all of them give the right to employment. Such restrictions do not apply to one's own business: any foreigner can open an OOD (EOOD) and conduct activities. Before starting a business, it is worth figuring out what taxes Bulgarian legal entities…

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