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A church that is supported by donations Question: Hello! I would like to ask about the requirements for religious denominations. We are talking about churches that do not have paid employees, which support themselves through voluntary donations. A church building is under construction, for which it may be necessary to open a bank account ...

Digital Marketing Business Question: Hello! I would like to register a company that will provide digital marketing services. 1. Does the company need to be registered for VAT? We currently have no clients. 2. The person who will be the owner works under an employment contract elsewhere, will that be a problem? 3. Will a cash register be ...

Establishment of an LLC Question: Hello! I want to open an LLC with two partners. At first, the turnover will be small, but over time it will increase. Questions: 1. Are all of them obliged to be insured if there is only one manager? 2. How long does it take to open a company and register for VAT? 3. What does VAT give me? 4. What ...

Closing a company and selling all assets Question: Hello! I have been a registered agricultural producer, an individual with Bulstat, since 2019. My activity is related to aging animals for meat. I am currently not registered for VAT. I wish to terminate my activity and sell all animals, as well as to be deleted as an agricultural producer ...

Recognizing an expense when there is no invoice Question: Hello! I buy books from a spiritual society that they publish, but they are not a company and cannot issue me an invoice. What can I do in this situation to recognize expenses and have everything be legal? Thanks in advance! Answer: Hello, Since they are not a company, you ...

Do I need a company to work with clients from Third Countries? Question: Hello! As a self-employed person, do I need to register an EOOD, registered for VAT, in order to be able to work with clients/companies outside the EU (America and England mainly). I am registered as a SOL with Bulstat. Thanks in advance! Answer: Hello, Once ...

Receiving compensation when the baby is born abroad Question: Hello! I work under an employment contract and have continuous health rights. I am pregnant and I have a 45-day sick leave before giving birth. My husband is Italian and wants me to give birth in Italy. I have read the documents that we need to take to the personal doctor so that ...

What amount is taxed when selling a property? Question: Hello! My father donated an apartment to me, purchased this year - new, furnished. A month after the donation, I sold it to another person. My question is 10% profit tax on which amount should I declare - on the full amount, which is according to the notarial deed, or on the ...

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, ...