When a Bulgarian company makes payments to foreign individuals or organizations, it must comply with Bulgarian tax legislation. This is especially relevant for income tax, which is withheld on payments such as royalties, dividends, and service fees. These payments are made to non-residents who do not have a permanent establishment in Bulgaria. In this article, … Read more
Changing the registered address of a company in Bulgaria involves officially registering the new headquarters of the company in the Commercial Register. This action has legal consequences – institutions will use the new address for official communication. The change is required when there is a physical relocation of the office, a change in the company’s … Read more
Taxation of Freelancers in Bulgaria 💼 Welcome to T&G Consulting – your trusted partner for accounting and tax services in Bulgaria. This guide explains how freelancers in Bulgaria are taxed when working with international clients and what benefits the system offers. Who Can Register as a Freelancer? Freelancers are registered as self-employed under the “liberal … Read more
Consolidated Financial Statements – Who Needs Them in 2025? In this article, we explain who is required to prepare consolidated financial statements, when they apply, and why they are essential for compliance and transparency. 📊 What Are Consolidated Financial Statements? They combine the financial information of a parent company and its subsidiaries into one report, … Read more
How to Use Bulgaria’s Tax Treaties? 🌍 T&G Consulting is your trusted partner for accounting, tax, and business services in Bulgaria. If you’re a foreign national working or investing here, you may be concerned about double taxation. That’s exactly why Bulgaria has signed treaties with dozens of countries. Here’s how you can benefit from them. … Read more
How to Use a Bulgarian Company with Platforms Like Stripe, PayPal, and Others? Using a Bulgarian company with international payment platforms is entirely possible. Here’s what you need to know to get started the right way: 1. Register Your Company in Bulgaria The first step is to officially register your company. You will need: UIC … Read more
Accounting Services with a Personalized Approach and Flexible Pricing In today’s dynamic business environment, standard accounting service packages often fail to meet the specific needs of different companies. That’s why personalized accounting services have become increasingly important. Personalized accounting services offer solutions tailored to the size, type of activity, and goals of the business. Small … Read more
In today’s fast-paced digital world, electronic signatures are revolutionizing the way documents, contracts and agreements are authenticated. By replacing traditional handwritten signatures with their digital counterparts, electronic signatures offer a convenient, efficient and secure method of verifying the authenticity and integrity of electronic documents. This article will examine the concept of electronic signature, different … Read more
Understanding Their Purpose and Ensuring Compliance In Bulgaria, the Tax and Social Security Procedural Code recognizes two official forms of tax control and verification: tax inspections and audits. In this article, we will clarify the meaning of tax audits and inspections, shed light on when you can expect to be subject to a tax … Read more