News
Provision of a pensioner when doing personal work
Provision of a pensioner when doing personal work Question: Hello! I am retired and will register an EOOD. I intend to insure myself as a self-insured person, paying only health insurance on the minimum insurance income. If there is a decision by the company that I receive remuneration for my personal work, do I also have to pay personal ...
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Is VAT registration required for a non-EU service?
Is VAT registration required for a non-EU service? Question: Hello! Do you need to register for VAT to provide services to a person outside the EU? It is a question of a self-employed person with a free profession, with a turnover of over BGN 50,000. Thanks in advance! Answer: Hello, If the person to whom services are provided is a ...
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Working on NFT projects
Working on NFT projects Question: Hello! I am interested in what services you offer regarding NFT projects. As we currently have two people working on an NFT collection of 10000 NFTs that we are thinking of releasing for sale soon. We want to know how things are going from an administrative point of view. Should a company be created and if so ...
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What VAT declaration does a company with no activity, but with a working office, file?
What VAT declaration does a company with no activity, but with a working office, file? Question: Hello! EOOD registered under VAT ceases activity, but does not close the office it has used until now, as well as the telephones. In addition, there is also a car for lease. My question is what VAT return will be submitted and what will happen to ...
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Investment between two companies of one owner
Investment between two companies of one owner Question: Hello! I own two companies and would like to invest a large amount from one to the other. Is this possible and are there any obstacles? Thanks in advance! Answer: Hello, It is possible that the money that one company will give to the other can be structured as a loan. Naturally, ...
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Registration of a cleaning company
Registration of a cleaning company Question: Hello! I am a natural person, everything is ready for me to open a cleaning company. I read on the internet that in order to become a freelancer, I need to have a specialty certificate or a diploma in a given profession. I don't have a diploma or certificate. Could you advise me what to do? Is EOOD ...
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Can I get maternity leave and have a company?
Can I get maternity leave and have a company? Question: Hello! I am currently on maternity leave, and then I will go on maternity leave. I am employed on a labor contract in Bulgaria, but my work is hard. In the meantime, I found a job from home with a company from England, which I can do while I am on sick leave and maternity leave. My ...
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What declarations are submitted by a company when buying a car
What declarations are submitted by a company when buying a car Question: Hello! In 2022, I bought company X for BGN 10. This company has not performed any activity. On September 1, 2022, she purchased a car worth BGN 1,000.00. Can you advise me which annual returns to file? How do I pay property tax on the car? Thanks in ...
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Additional income from processing photos and videos
Additional income from processing photos and videos Question: Hello! I have the possibility of additional income by working on the Internet. It is about processing videos and photos of a person abroad. Accordingly, it will pay me via PayPal for the service. This will happen every two or three months, and the amount is between BGN 500.00. - ...
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Issuance of a receipt upon receipt of cash on delivery
Issuance of a receipt upon receipt of cash on delivery Question: Hello! When trading with cash on delivery, is it necessary for the company (EOOD) to have a cash register? Thanks in advance! Answer: Hello, If payments are made by cash on delivery, the issuance of a receipt is mandatory (respectively, you must have a cash ...
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