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E-commerce

E-commerce

E-commerce   Question: Hello, We need some advice on some issues. For Amazon and e-bay sales, respectively, the payment is made by bank transfer. Receipt of amounts takes place on a certain date, in most cases it is not a single sale but several products per heap. Our question is, can we post the revenue in one invoice and separately ...

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Civil or employment contract

Civil or employment contract

Civil or employment contract   Question: Hi, I have the following question. I want to open an EOOD for a disabled person who is receiving a pension. I know that in this case he only owes health insurance. This person will appoint a massage therapist to a massage studio. The business owner will not participate in the activity. What ...

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GP - self-assessment of VAT

GP - self-assessment of VAT

GP - self-assessment of VAT   Question: Hello! I would like to ask if my Bulgarian company is VAT registered in Bulgaria and I buy materials from Germany without reselling the materials in question, and use them as an inventory of my company, using them for my work process, should I pay VAT of the invoice I will receive from the ...

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US Income - Declaring and Taxing?

US Income - Declaring and Taxing?

US Income - Declaring and Taxing?   Question: Hello! I want to ask if every month I receive money from America through Paypal and from there into my account in a Bulgarian bank, is this money that I receive is taxable? Do I have to file a tax return at the end of the year for them, provided it is not money from commerce or business, ...

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Freelance - Insurance, Retired?

Freelance - Insurance, Retired?

Freelance - Insurance, Retired?   Question: Hello, Can persons register as freelancers? If so, what kind of insurance should they pay? How is the issue with retirees? What insurance do they have to pay? In order to recognize a 40% expense, how is activity proven to be creative? Thanks!      Answer: Hello, Yes, ...

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SOL and labor contract

SOL and labor contract

SOL and labor contract   Question: Hello! The self-insured person, the manager of OOD, decides that he wants to conclude TD in the position of Manager. In such a case, when he is the manager of the TD, does the grounds for self-insurance fall or should both grounds be insured? And if the reason disappears, I suppose there should be ...

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Drawing workshops

Drawing workshops

Drawing workshops   Question: Hello! I will be holding painting workshops in a room of my choice. The workshops resemble drawing lessons for a group of people with small modifications. After the end of the class, I plan to collect a visitor fee so that I can pay the running costs and eventually make some profit. I don't have a company ...

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Housing purchased by a company

Housing purchased by a company

Housing purchased by a company   Question: Hello! Years ago I bought a residential property for the company. Some of the money was provided by my wife, who took out a loan. The loan was subsequently repaid by her. When selling a property now, would that credit be relevant to the company's ...

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Handmade FL Tax Products?

Handmade FL Tax Products?

Handmade FL Tax Products?   Question: Hello! I have a shop for handmade products at Etsy.com. I do not sell in Bulgaria at all. Customers are individuals primarily from the United States. Can I pay my taxes as an individual and how much money I get from Etsy.com during the year? Thanks!   Answer: Hello, In any ...

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Interest Free Loan from FL to FL?

Interest Free Loan from FL to FL?

Interest Free Loan from FL to FL?   Question: Hello, a legal entity will lend to an individual to repay a bank loan. Is it obligatory to charge interest or can it be stated in the contract that the loan is interest-free? Thanks!   Answer: Hello, It can be recorded that the loan is interest-free and you do not charge ...

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