News

Does unemployment benefit stop when starting an internship program? Question: Hello! I am currently on the stock exchange and receiving unemployment benefits after being laid off by a company where I was employed on a contract. Can I apply for an internship program at a company during the benefit period? If I am approved, will I be able to ...

Increasing the solvency of a company Question: Hello! EOOD with an authorized capital of BGN 2.00 was registered by the founder - a citizen of Russia - with the sole purpose of purchasing a plot for a house. A decision has now been made to purchase a landed property with the aim of subsequently leasing it indefinitely and free of charge to ...

Do I owe other taxes if I am on a patent? Question: Hello! when I am on a patent, on a minimum wage and I have BGN 30,000 income from the patent activity, do I have to pay additional tax in addition to the patent? Thanks in advance! Answer: Hello, When paying for a patent, you do not owe additional taxes, but you do owe insurance ...

Financial instruments trading training Question: Hello! How can I lawfully carry out consulting activities and training in the field of trading with financial instruments - forex, shares and others in and outside Bulgaria and the EU; Online sale of signals (copy trading), via platforms or personal website, related to financial instruments, ...

Freezing a company Question: Hello! I am considering starting an online business, but since I am not sure exactly when I will start the business and how successful the venture will be, I have two questions. 1. What are the company's liabilities and costs if it stops generating sales at some point or before it ever starts (such as taxes, ...

Blog - online subscription book Question: Hello! I would like to ask you for a consultation regarding exercising a free profession. I work on an employment contract in a company appointed at 8 hours, I have 50% TELK. I want to practice an additional freelance profession. It is about a blog, about an online book with a subscription on my site ...

Taxes payable when renting out an apartment Question: Hello! What taxes are paid (municipality and National Revenue Agency) when renting out an apartment, as an individual, for the summer season with realized income of BGN 6,000 for two months (July and August). We have a patent registration and the equipment has a categorization. Thanks in ...

Sell handmade jewelry on Etsy Question: Hello! I would like to open an online shop on the Etsy platform and sell my handmade jewelry. Delivery will be at the recipient's expense. Sales will be made only in the USA, as the goods will be sent from Bulgaria. I plan to open a company and register under Art. 97a. My question is related to VAT ...

Remuneration that is included in the income for receiving child benefit Question: Hello! What income is included in the calculation of gross income when applying for child benefit? Should this income include the money allocated for representative expenses - clothes, money on the occasion of holidays - May 24, money deducted/returned from the ...

Maternity leave Question: Hello! Is my maternity leave paid? My accountant told me it was unpaid and I would even owe 10% of minimum wage to my boss - is that right? Thanks in advance! Answer: Hello, There is no special leave that you are entitled to after maternity leave and childcare leave up to 2 years have expired. The leave you ...