News

Software Services Company  With invoices from EU and third countries

Software Services Company With invoices from EU and third countries

Software Services Company with invoices from EU and third countries     Question: Hello ! EOOD, registered under VAT, with article 100, paragraph 1, dealing with computer development, software services, etc., receives invoices from both the EU and third countries (Australia, USA) for its activities: rents of Servers, storage code, ...

Read more
Work in Belgium for a Bulgarian company.  Insurances and A1

Work in Belgium for a Bulgarian company. Insurances and A1

Work in Belgium for a Bulgarian company Insurances and A1      Question: Hello! I live in Belgium and I was invited to work in a Bulgarian business company in Belgium. If I accept this job, will I have the right to health insurance here and will I have to pay taxes in Belgium? Thank you for your attention ...

Read more
IT company with service from Thailand. Invoice and VAT

IT company with service from Thailand. Invoice and VAT

IT company with service from Thailand. Invoice and VAT     Question: Hello ! Our company, a company in the field of IT services registered with VAT, has to use the services of an IT specialist from Thailand. Our question is this: 1.Where is an individual and issued an invoice for a service, should we charge VAT and issue a ...

Read more
Internet shop, remote  Sales and VAT

Internet shop, remote Sales and VAT

Internet shop, remote Sales and VAT     Question: Hello, I have a question about making distance sales via an online shop to buyers in Israel. Upon receipt of a request from a customer in the online store, a request is automatically generated in a German online shop where goods are bought and directly traveled to the final buyer in ...

Read more
Registration of a company, purchase  of  company car and employment contract

Registration of a company, purchase of company car and employment contract

Registration of a company, purchase of с company car and employment contract    Question: Hello, I plan to make a company registration (EOOD) and buy in its name a service car for personal use. At the same time, I work in another company as a natural person on a permanent employment contract. In this case, do I have to pay social ...

Read more
Managment and control Agreement (CMA)  and partner in OOD

Managment and control Agreement (CMA) and partner in OOD

Managment and control Agreement (CMA) and partner in OOD     Question 1: Hello, I have a question about securing. In 2016, we established a trading company Ltd. two - a manager with a management and control contract (CSS) and a partner (it participates only with capital without doing business). So far we have been providing ...

Read more
Interruption of activity  Of OOD. Cash register

Interruption of activity Of OOD. Cash register

Interruption of activity Of OOD. Cash register     Question: Hello! I have the following question: OOD interrupts activity. We will issue a Declaration to the NRA about this. What should we do with the cash register? Should a declaration be made and for him at the NRA or simply by expiring the subscription contract, he ...

Read more
Freelance, Ltd (EOOD) or Sole trader (ET)

Freelance, Ltd (EOOD) or Sole trader (ET)

Freelance, Ltd (EOOD) or Sole trader (ET)     Question: Hello, иI have the following question: How is it best to register? I am a graduate engineer. Machine engineers can register with a freelance profession. How is the most economically profitable as a freelance profession, such as EOOD or ET. In which case can I ...

Read more
Accounting of loss, loan and Tax on the profit

Accounting of loss, loan and Tax on the profit

Accounting of loss, loan and Tax on the profit    Question 1: Hello, I have the following case: Last year (2016) I was at a loss of 50 000 leva. I gave a short-term physical loan to a legal entity to cover the losses, and the cashier was 0. I received a commission from a Polish service company, which was VAT free and covered ...

Read more
Company transfer  between heirs

Company transfer between heirs

Company transfer  between heirs      Question: Hello, I ask for information about the procedure in order to transfer EOOD to one of the heirs of a deceased FL of EOOD. The case is the following: FL resides and has an EOD company that is in business and no longer a manager. The heirs are 3 (son, daughter and wife). ...

Read more