How to Deal with the Bulgarian Language Barrier – Documents, Translations, and Local Representation Whether you are an entrepreneur starting a business or an expat settling into daily life, facing the Bulgarian language barrier can feel overwhelming. However, understanding how to navigate through official paperwork, translations, and communication with local institutions is crucial for managing … Read more
2025 Guide for Bulgarian Companies Today we will address an important question: Do you need to charge VAT when selling digital services to clients outside the European Union? What Is Considered a Digital Service? According to European and Bulgarian tax legislation, digital services are generally services provided electronically with minimal or no human intervention. These … Read more
Digital Nomads in Bulgaria – Smart Tax Strategies for 2025 🌍 In 2025, Bulgaria stands out as one of the most attractive European destinations for digital nomads. With a flat 10% income tax rate, low cost of living, and EU market access, it’s a perfect base for remote professionals. Add stable internet and a vibrant … Read more
Hidden Profit Distribution vs Dividends in Bulgaria 💼 Many company owners in Bulgaria struggle to understand the difference between dividends and hidden profit distribution. Although both involve the company’s profit, the way they are declared and taxed makes a huge difference. Knowing how to distinguish them can protect your business from tax audits and penalties. … 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 Sell Services From Bulgaria With 0% VAT – 2025 Guide This guide explains how you can legally apply 0% VAT when selling services to clients abroad – whether in the EU or outside. Understanding the rules will help you stay compliant and more competitive internationally. What Does 0% VAT Mean? If you provide … Read more
Freelancers in Bulgaria: Self-Employed or EOOD? Bulgaria has become a popular destination for freelancers and IT specialists. Low taxes, a stable legal framework, and access to EU markets make it attractive for digital professionals worldwide. But one question always comes up: Should you register as self-employed or set up an EOOD (single-owner limited company)? Stay … Read more
Travel Expenses in Bulgaria, what to know At T&G Consulting, one of the most frequent questions we receive from entrepreneurs, freelancers, and foreign investors is: Which travel expenses are deductible in Bulgaria? ✈️ On the surface, it may seem straightforward, but in practice mistakes are common. The Bulgarian tax authorities carefully review travel claims, especially … Read more
Advance Corporate Tax Payments in Bulgaria – What You Should Know Advance corporate tax payments are a common obligation for businesses in Bulgaria, but many owners are unclear about the rules ⚖️. In this guide we explain who is required to pay, how the installments are calculated, and why these payments are important for financial … Read more
What Happens If You Miss a Filing Deadline? In Bulgaria, deadlines for tax returns and financial reporting are strict. They apply equally to companies and individuals. Missing even one can quickly lead to fines, daily interest, and unwanted attention from the National Revenue Agency (NRA) ⚠️. Deadlines Are Legally Binding Bulgarian law leaves little room … Read more