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What are the commitments of individuals to the National Revenue Agency (NAA) in Bulgaria during the year?
The commitments of individuals to the National Revenue Agency (NAA) in Bulgaria during the year depend on their status and sources…
Cryptocurrency trading accounting
Accounting for cryptocurrency transactions in Bulgaria is still relatively new and complicated due to the lack of specific regulations.…
Which revenues are recognized by the institutions for EOOD?
The income of a Sole Proprietorship with limited liability (Ltd) are recognized according to the principles of the Accounting Act and the National Accounting Standards…
All about OOD - a limited liability company
The limited liability company (Ltd) is one of the most common legal forms for establishing a business in Bulgaria. It represents legal…
Accounting for small companies
Small business accounting is a key aspect of running a business, as it provides information on financial condition and performance…
Tips for sound accounting for influencers
The influencer profession is relatively new and dynamic, and the accounting of income and expenses, related to this activity, requires a specific…
Taxation and declaration of income according to the State Taxation and Income Tax of the FL, which trades cryptocurrencies, actions, shares etc.
Income is listed in Article 13 of the Income Tax Act, exempt from taxation. Income from cryptocurrency trading is not exempt. Generally speaking,…
Sample cases of personal income taxation
A case study 1: Undisclosed income from online sales Gergana is a freelancer, which offers web design services. She receives payments from…