Sale of personal property when the person is registered as an ET under VAT Question: Hello! I purchased a new apartment with act 16 10 months ago. I want to sell the apartment now, but I have the following case: Years ago I had a company that is an ET and I am registered under VAT as an individual. My accountant tells me that when selling ...

Organizing a business online Question: Hello! For two months now I have been stuck in the regulatory thickets of organizing a handmade jewelry business and I can't fully orient myself. And this is an important decision - whether to start or not. For some time now I have been making jewelry from natural stones, semi-precious stones, beads, ...

A company without an accountant Question: Hello! I am starting my own business in the creative sector and am currently in the process of registering a company (EOOD). I plan to engage in handmade clay figurines, as well as embroidery in my free time. I have a few questions: 1. Is it mandatory to use accounting software? If I purchase a ...

Starting a Business on Amazon Question: Hello! For some time now, I have been trying to start working with Amazon FBA, where goods are purchased from China online and arrive at an Amazon warehouse in the US, from where they are sold. I have a few questions related to the taxation of money. Do I need to register a company to apply for VAT or ...

Trade in Third Countries Question: Hello! I have a registered company EOOD in Bulgaria, which is not registered for VAT. I want to start selling products from Asia in England, Ireland and Scotland. These are cosmetic products and I can request an invoice from the supplier in Asia. I want to sell them through my online store / retail sales ...

Additional income during maternity leave Question: Hello! I have a question related to an online sales site. The site will have my own things that I do such as graphic design and photos from a printer, products such as calendars and other things. I am on maternity leave and want to generate income. I got to the point of making a site and ...

In which country does a Bulgarian company with a commercial establishment abroad owe taxes? Question: Hello! I live and work in Germany. I want to open a Bulgarian company (perhaps an LLC) and sell goods on Amazon.de. The goods will come from China and will be stored on the territory of Germany. Could you tell me in which country I will pay ...

Annual declaration of income from a civil contract Question: Hello! My father is a pensioner with TELK for disability, and recently also by seniority and age. He works on a civil contract and has earned an amount of BGN 6,000-8,000. Does he owe taxes and insurance since he is a pensioner and does he have to submit an annual tax ...

Deletion of ET with a deceased owner Question: Hello! What is required to delete an ET for a deceased owner. The company has not been active since 1997. There are three successors. Can one of the heirs submit an application to delete the ET? How much will the service cost? What documents should be prepared to submit the application besides ...

Production and sale of honey Question: Hello! I want to produce honey and other bee products and open a small shop to sell them. Can you tell me what the requirements are? Can I also sell queen bees from the place where I will produce the honey? Thanks in advance! Answer: Hello, What you can do is register as a farmer. You should go ...