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The proposed introduction of bad debt relief in the Bulgarian legislation is a natural continuation of the administrative and court practice evolving on the topic over the past two years.

The COVID-19 outbreak and state of emergency announced in Bulgaria by the National Assembly on 13 March 2020 put most companies in a complex financial situation without warning.

In Bulgaria, child tax credits stand as a cornerstone of family support, crucial for fostering the well-being of children.

In many countries the tax leaders notice changes in tax authority scrutiny of the business affairs especially as governments begin to address budgetary pressures arising from responding to the COVID-19 pandemic.

Unsurprisingly, the most common M&A transaction structures in Bulgaria are share deals, in which the target company is acquired with all its assets and liabilities, and asset deals, in which individual assets are acquired.

As of 2019, amendments to the Bulgarian tax procedure legislation have entered into force.

Employees in Bulgaria working for companies registered only as foreign insurers, without a permanent establishment or base in the country...

Struggling with rejected e-commerce deliveries and cash receipts? You're not alone. Learn how to handle these situations to avoid tax and accounting issues.

The amendments became effective as of 4th August 2017.

Until recently the case-law regarding the issue of whether tax authorities may declare that a civil contract conceals an employment relationship when conducting an inspection was very controversial.

The Bulgarian National Revenue Agency (NRA) has officially confirmed the implementation of the Standard Audit File for Tax (SAF-T) reporting, beginning in 2026.

Shell companies have always held a mystique for entrepreneurs, offering a legitimate cover for various financial and business maneuvers. The European Union has been diligently working on regulatory...

The recent amendments to the SAF-T legislation seem to bring welcome changes for taxpayers. Starting soon, the deadline for submitting monthly SAF-T reports will be extended from the 14th of the following month to the end of the month.

Amendments to the Bulgarian tax law addressing the introduction of mandatory transfer pricing documentation for transactions with related parties have been recently implemented.

Bulgaria is set to implement the Standard Audit File for Tax (SAF-T) system from 1 January 2026, marking a significant milestone in the country's digital tax compliance landscape.

Starting in October 2023, managing your tax and social security payments to the Bulgarian National Revenue Agency (NRA) is about to get a whole lot easier.

How company assets can be used in a personal capacity in Bulgaria is determined by both enterprise taxation rules and those affecting the personal income of the employees or manager.