News

Rent between a company and an individual - taxes   Question: Hello! I have a VAT registered company and I want to rent a shop. I want to ask how it is better: - the owner to give it to me as an individual for BGN 1,000 (as he claims that only the first 9 months of the year, I will withhold 10% to pay rent tax, and the other 3 not, ...

Motherhood   Question: Hello! As I think it is written quite vaguely and confusingly everywhere, my question is related to motherhood. I want to understand everything related to it in easy and understandable language. It is also important for me to know if a paid sick leave can be used from the beginning of the pregnancy until the ...

Car - costs and VAT   Question: Hello! I have a car in my name as a private person. Can I transfer the car to the company to use a tax credit and invoices to be an expense? The car has 4 + 1 seats, probably following the example of sales representatives or employees with company cars. Thanks in ...

Requirements for opening a mathematical school   Question: Hello! I need a consultation. I want to open a math school. What are the requirements for this. I saw requirements for opening a language center on the site, but I don't know if it's the same. I will not issue certificates. It will be used only for math lessons individually or ...

Opening a company in Bulgaria with foreign partners   Question: Hello! I want to open a company in Bulgaria and the idea is for my partners from Germany to own 10% of the company's shares, without the right to vote on how to develop the company in the future, nor the right to vote or access the company's finances. How can this be ...

Revenue from Google adsense   Question: Hello! How do I legally receive money from YouTube and Google? Do I need a company? It's about Google -> adsense, youtube ads that appear before the videos. Thanks in advance!   Answer: Hello, In this case you will have to register a company (Ltd. - Limited Liability ...

Foreigner and freelancer in Bulgaria   Question: Hello! I am a natural person with the right of temporary residence in Bulgaria (I have a personal identification number). I am about to sign a contract for consulting information services with Greek and American companies, my total income will exceed BGN 50,000 per year. Do I have the ...

Rental - taxes   Question: Hello! Together with my sister, who is a Canadian citizen (permanently living in Canada and will authorize me to manage her property), we want to invest in apartments and deal with short-term rentals through shared service platforms such as Booking or Airbnb. What actions should we take regarding necessary ...

SALT and motherhood   Question: Hello! I am a self-insured person - owner and manager of Ltd. (not registered for VAT) - a beauty salon where I work alone. I am about to give birth, and my question is do I have to appoint a manager for the company if it will not operate when I am a mother? Also, if I don't hire someone for the company, ...

Online business   Question: Hello! When starting an online business, in koito I will sell a product for balgarski pazar and a pratkite from a curator company, with payment. 1 - Is it necessary to open a company? 2 - Is it necessary for all registrars to use DDS? 3 - Is it necessary to issue invoices / receipts? 4 - Kakvi ...