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16/01/2016

24/02/2011

Europe’s Small Business Act strengthens small businesses and drives growth

Europe's 2020 strategy and Europe’s economy heavily rely on Small and Medium-sized Enterprises achieving their potential. In the EU, some 23 million SMEs employ 67% of the private sector workforce.

16/02/2011

Bulgarian Social Minister Exposes New Murky Co Practices

Bulgaria's Social Policy and Labor Minister, Totyu Mladenov, announced Tuesday a new illegal business practice – employers forcing workers to sign under fake payrolls.

08/02/2011

Sofia Housing Market Shows Strong Signs of Recovery

The January 2011 sales of housing properties in Sofia are up two times compared to January 2010, according to data from the real estate agency Bulgarian Properties.

02/02/2011

Bulgarian Companies Face Severe Fines for Unpaid Salaries

Disloyal companies that have not paid salaries to their staff will be fined BGN 15,000 per employee, said Rumyana Mihaylova, Head of Bulgaria’s General Labor Inspectorate Executive Agency.

01/02/2011

Bulgaria to Restrict Cash Payments to BGN 15 000

On January 13 2011, when the bill was passed at its first read, the Parliament voted that amounts exceeding BGN 5 000 must be paid only through bank transfers along with work wages. The main argument was that this measure could VAT frauds and unregulated salary payments in the gray economy.

24/01/2011

Maternity leave in Bulgaria

To be entitled to maternity leave allowance it is necessary to have worked at least 18 months prior to taking the maternity leave.

19/01/2011

How To Help Build Support for CSR in Bulgaria

During my time in Bulgaria, one dynamic young professional I met is Dessislava Todorova of CSR Bulgaria; she entered an article in a Justmeans.com competition. Her organization could benefit from your support and vote--the competition ends January 23.

18/01/2011

Cash registers to be connected with National Revenue Agency (NRA)

The use and registration of cash registers in Bulgaria is organized in decree nr. H-18 (НАРЕДБА № Н-18). For company owners and managers it is important to know that after the petrol stations all companies have to connect their cash register with the National Revenue Agency (NRA)

14/01/2011

Bulgarian Tax Agents Close 269 Law-breaking Gas Stations

Teams from Bulgaria's National Revenue Agency (NRA) have closed a total of 269 gas stations across the country in the course of two days.

06/01/2011

Important for companies which pay rent to physical persons

Per the 1st of January 2011 the amendments on Law on Income Tax of Individuals are in effect. The amendments have been published in the State Gazette (Държавен вестник) number 94, 30/11/2010.

03/01/2011

Re-registration of companies in Bulgaria part III

As expected the deadline for re-registration has been extended. The change in the Commercial act has been published in the State Gazette (Държавен вестник) nr. 101.