Premises for rent - taxes   Question: Hello! I have a room that I plan to rent for cosmetic procedures. Since I'm not familiar, I wonder if I have to pay any income taxes? Thanks in advance!   Answer: Hello, You owe ...

Purchased property from a company through a loan from an individual   Question: Hello! I have a company - Ltd., which years ago bought an apartment. To buy this apartment, I gave the company a loan because it had no funds available. The ...

Freelance or Ltd.   Question: Hello! I am an IT specialist and I would like to sell a course developed by me in an American online platform with which we will share% of the selling price of the course. Do I need to declare the income I ...

Declaring income from a company in the USA   Question: Hello! I have a newly registered company in Wyoming, USA. I am the sole owner and manager. The company will sell digital products. Because the registration is LLC, this type of ...

Freelance and employment contract - insurance   Question: Hello! I am a self-employed person, working as a freelancer. Until recently, I submitted D1 every month and D55 every 3 months, I was insured only for the mandatory health and ...

Accounting for sales of a company with VAT registration in Bulgaria and England   Question: Hello! A company registered for VAT in Bulgaria buys goods with an invoice from a Bulgarian company. These goods with a packing list are then ...

Rental costs while the legal entity is suspended   Question: Hello! The company ceased operations in August. It has rented a room to carry out its activities - a coffee shop. The landlord / legal entity / issues rental invoices for each ...

Purchase of a plot of land and construction of a building from EOOD   Question: Hello! I am the owner of EOOD, whose activity is grain trade. Is it possible for the company to buy a plot of land and build a house that will actually be an ...

Freelancer in Belgium   Question: Hello! I currently work as a freelancer in Belgium - I have a temporary contract for the supply of IT services to a company and I issue one invoice per month. I am registered for VAT and as a freelancer ...

VAT adjustment for destroyed goods   Question: Hello! I am the owner of a transport company transporting goods from Bulgaria to Romania. The goods are manure loaded from a plant in Bulgaria. In Romania, the truck crashed due to the ...