VAT registration (VATA) is a serious step for any company. Sometimes it is confusing to understand when a company has the obligation to register under VATA. As well as when it is better to proceed to voluntary registration. Who can register for VAT (VATA)? You can undertake voluntary VAT registration (VATA) if you make taxable … Read more
The NRA publishes а statement regarding changes in the Ordinance on Social Insurances of Self-Insured Persons The National Revenue Agency publishes a statement on the amendments and additions that have been made to the Ordinance on social insuring for self-insured persons, Bulgarian citizens working abroad and seafarers by Decree No199 of the Council of Ministers … Read more
The Advantages of Outsourced Accountancy Services For each area of business and business activity, control and accountability are mandatory requirements. If the financial and accounting parts are in complete chaos – success is impossible. In large companies the accountancy services are being taken care of by entire accountancy departments. In small and medium-sized businesses, it … Read more
А draft proposal for changes to the N-18 has been published. The focus of the proposal is to extend the period within which the users of the SUPT to bring their activities in line with the requirements of ordinance H-18 until the end of the current 2020. The main motive for the draft proposal is … Read more
The NRA published an opinion on the reduced rate of value added tax of nine percent in accordance with: the provision of Art.66 p. 2 of the Value Added Tax Act (VATA) effective as of 01.07.2020. This opinion explains in detail the application of the provision and the related regulatory texts of the ZDDS. The … Read more
With the scale of the development of online trade, one of the most popular methods is the so-called dropshipping. In short, dropshipping is a type of trade in which the trader agrees in advance with manufacturers to offer their products. This can be done through your own website or any of the world’s leading platforms … Read more
The opening of a beauty salon is related to compliance with many requirements from several different institutions – The Health Authorities, Labor Inspectorate, The NRA And the Local Administration. The first most important thing is a choice of the form in which the beauty salon will develop its activity. Here you need to consider whether … Read more