News
Declaration in Bulgaria of a dividend from abroad
Declaration in Bulgaria of a dividend from abroad Question: Hello! I would like to know whether the agreement between Estonia and Bulgaria for the avoidance of double taxation is applicable to the distribution of dividends by a company in Estonia, which is owned by a Bulgarian citizen with permanent residence in Bulgaria? In Estonia, ...
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Rental via Booking and Airbnb
Rental via Booking and Airbnb Question: Hello! We are about to buy a holiday property, which we intend to rent through Booking.com or Airbnb. We do not have a company, ie - an individual rents an apartment. The property will be in my husband's name (if relevant). We are not aware of the order and steps for this purpose. What ...
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Hiring workers from third countries and posting to the EU
Hiring workers from third countries and posting to the EU Question: Hello! I have a question about hiring workers from third countries. Is it possible to hire such in a Bulgarian company and posted for a certain period of work in a European country? Thanks in advance! Answer: Hello, In principle it ...
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Declaring investments in shares
Declaring investments in shares Question: Hello! I am interested in the situation with long-term investment in shares on foreign markets and taxation. I intend to buy shares and hold them for periods between 1 and 10 years, while also receiving dividends that will be reinvested. In this regard, I have the following questions: 1. Do ...
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Sale of used telephones
Sale of used telephones Question: Hello! I want to know how a company can legally sell used phones in a store. Ie the phone is purchased by an individual in person or online and there is no way to issue an invoice for my purchase. What must be done? Thanks in advance! Answer: Hello, Without documents for the ...
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Dropshipping - how to start
Dropshipping - how to start Question: Hello! For some time now I have been seriously considering the possibility of doing dropshipping. I plan to deliver products ordered by Aliexpress to end customers mainly in the United States, but I do not rule out the possibility of having customers from all over the world. In this regard, I ...
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Bulgarian company with sales in Great Britain
Bulgarian company with sales in Great Britain Question: Hello! I am writing in connection with the following case - we have a company (registered under the VAT Act in Bulgaria), which carries out commercial activities. We plan to offer physical products through amazon.uk in the UK. The goods will be shipped to amazon warehouse there ...
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VAT deregistration
VAT deregistration Question: Hello! I have a sole proprietorship. What I know from the VAT Act is that in case of a drop in turnover below BGN 50,000 at the end of an 18-month period, the company must submit an application for deregistration within 14 days. Please comment. Thanks in ...
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Dropshipping
Dropshipping Question: Hello! I am interested in how I can sell on the principle of dropshipping through my own website or Facebook channel, as an individual. The warehouses offer a Civil Contract or a Mediation Contract or a Commission Contract - I don't know if that's the case. I will not physically own the goods. I will ...
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Two employment contracts
Two employment contracts Question: Hello! I work in a company on a 4-hour employment contract. I want to start a second job on a labor contract, but at 8 o'clock. Is it possible to start the second job at 8 o'clock without notifying them of the first work at 4 o'clock? And in this case, if they ask me for the second job (at 8 ...
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