How to Manage Payroll and Social Security Contributions? If you employ staff in Bulgaria, managing payroll and social security contributions is not just an administrative formality. It means understanding how much an employee really costs your company and how much they receive net. Net Salary vs. Total Employer Cost Let’s assume you want your employee … Read more
How to Declare Foreign Income in Bulgaria and What Tax You’ll Pay? 💼🌍 You live in Bulgaria but earn money from abroad — whether it’s from a job, rent, dividends, or something else? It’s important to understand how to declare this income and how much it will cost you. Here’s a clear summary in this … Read more
How to Declare Foreign Income in Bulgaria and What Tax You’ll Pay? 💼🌍 You live in Bulgaria but earn money from abroad — whether it’s from a job, rent, dividends, or something else? It’s important to understand how to declare this income and how much it will cost you. Here’s a clear summary in this … Read more
What Is Corporate Tax Return Filing in Bulgaria? Filing a corporate tax return in Bulgaria is mandatory for all companies registered in the country – including those with foreign ownership. 🧾 T&G Consulting ensures this process is simple and hassle-free for you. The return must be submitted by June 30 each year, covering the reporting … Read more
How to Prove Your Tax Residency in Bulgaria and Obtain a Certificate? If you’re a foreign national living in Bulgaria, proving your tax residency is an important step — especially if you want to benefit from the country’s low tax rates 🇧🇬. T&G Consulting can assist you throughout the entire process ✍️ Why Do You … Read more
Starting a Business in Bulgaria Is a Smart Move for Many Foreign Entrepreneurs Thanks to the Favorable Tax Environment. With the right strategy, you can legally reduce your tax burden from day one. In this article, you’ll learn how to benefit from Bulgaria’s low taxes and how T&G Consulting can help you save both money … Read more
How to Register a Company in Bulgaria Quickly and Easily? Registering a company in Bulgaria is relatively straightforward but involves several key steps. In this guide, you’ll find the essential information to help you complete the process smoothly and confidently. 1. Preparing the Documents 📝 The first step is to gather and prepare the necessary … 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
Distribution of Dividends from a Bulgarian Company Distributing dividends in Bulgaria means paying out part of a company’s profit to its owners, after the corporate tax has been paid. To do it correctly, you must follow specific steps and deadlines. When Can Dividends Be Distributed? Dividends can be paid: Annually Quarterly In advance, if the … Read more
Bulgaria Applies a Flat 10% Corporate Tax – the Lowest in the European Union. This creates significant savings for small and medium-sized enterprises, as well as for foreign investors. Who Benefits from Bulgaria’s Low Corporate Tax? Every registered business in Bulgaria can take advantage of the reduced tax rate. It’s ideal for: Startups with limited … Read more