Practical accounting, tax and social-security tips for your business.
Following the official confirmation that Bulgaria will adopt the euro as its national currency, many entrepreneurs have begun to wonder, "What will happen to my business?" - will…
In recent years, artificial intelligence (AI) has entered every sphere of business - from process automation, through marketing, to financial analysis. Many entrepreneurs…
Running a business in Bulgaria, whether it is a small or medium-sized enterprise, a freelance professional, or a well-established trading company, requires clear planning of accounting and…
In 2025, Bulgaria is introducing significant changes to labour and social security legislation that affect both employees and employers. These changes…
In today's dynamic business world, every entrepreneur, whether they own a small online store, a travel agency or a large hotel complex, must be…
The accountant is one of the most important professionals who can influence the success of your business. Their role is not limited to filing tax returns…
The annual financial report is mandatory for every company, regardless of its size, legal form or economic activity. This report is a key tool for assessing…
Social-security contributions are a core element of the socio-economic system of every country. They are mandatory or voluntary payments made by…
Mortgage lending is a key financial instrument that allows many people to fulfil their dream of owning a home. However, in order to be approved for a mortgage loan,…
The obligations of individuals to the National Revenue Agency (NRA) in Bulgaria during the year depend on their status and sources of income. Here are the main obligations:
The income of a single-member limited liability company (EOOD) is recognized in accordance with the principles of the Accountancy Act and the National Accounting Standards (NAS) or…
Accounting for cryptocurrency transactions in Bulgaria is still relatively new and complex due to the lack of specific legal regulation. Nevertheless, based on…
The limited liability company (OOD) is one of the most common legal forms for establishing a business in Bulgaria. It is a legal entity that has…
The influencer profession is relatively new and dynamic, and the accounting of the income and expenses associated with this activity requires a specific approach. Influencers often…
Accounting for small companies is a key aspect of business management, since it provides information about the financial condition and efficiency of the company. Small…
Article 13 of the Personal Income Tax Act lists the types of income exempt from taxation. Income from trading in cryptocurrencies is not exempt. In summary, according to their characteristics and…
Case 1: Undeclared income from online sales Gergana is a freelancer who provides web design services. She receives payments from her clients through online platforms, payment…
