Advantages of Adopting the Euro in Bulgaria Bulgaria is preparing to adopt the euro in 2026, a change that will significantly transform the country’s business environment. Whether you are an investor, an entrepreneur, or managing an existing company, this transition brings real economic benefits. In this guide, we’ll explore the key advantages of adopting the … Read more
Introducing the Euro in Bulgaria: What You Need to Know? The introduction of the euro in Bulgaria in 2026 marks a significant milestone for both businesses and citizens. 🌍 T&G Consulting is here to guide you through the transition and ensure the process is smooth and hassle-free. Where We Stand as of July 2025 Bulgaria … Read more
What Is an EORI Number? An EORI (Economic Operators Registration and Identification) number is a unique identifier required for companies that import or export goods outside the European Union. If your Bulgarian company engages in international trade with non-EU countries, this number is mandatory when dealing with customs authorities. Who Needs an EORI Number? Your … Read more
What Is Online Banking for Businesses? In today’s digital era, many companies in Bulgaria choose online banking to manage their finances more efficiently. Platforms like Revolut Business, Wise, Paysera, and iCard offer fully digital business accounts that can be opened remotely. This is especially convenient for foreign owners, freelancers, and companies with remote teams. In … Read more
How to Declare a Bonus to Salary in Bulgaria? Giving a bonus to an employee’s salary is an effective way to show appreciation and further motivate your team. However, it is important to know that this type of payment must be officially declared in compliance with Bulgarian legislation. In this guide, we’ll explain exactly how … Read more
Welcome to T&G Consulting – your trusted partner in accounting, tax consulting, and business services in Bulgaria! If you are engaged in trade within the European Union, it is essential to verify whether your client’s VAT number is valid. This is especially important when issuing invoices with 0% VAT for intra-community supplies. What is VIES? … Read more
How to Change Your Company Name in Bulgaria? Do you need a fresh start or plan to expand your business? Changing your company name is an important step and often part of rebranding, correcting legal inaccuracies, or adapting to new markets. In this guide, we explain how to do it legally in Bulgaria — clearly … Read more
How to Manage Asset Depreciation? Welcome to T&G Consulting – your trusted partner for accounting, tax, and business consulting services in Bulgaria! What Is Depreciation? Depreciation is the process of gradually reducing the value of a long-term asset over time. It reflects wear and tear, usage, or obsolescence of the asset. When your business acquires … Read more
How to Register for OSS/IOSS in Bulgaria? Welcome to T&G Consulting – your trusted partner for accounting and tax matters in Bulgaria. If you sell goods or services within the EU, registering under the OSS or IOSS schemes is an important step for complying with European legislation and simplifying your operations. In this guide, we’ll … Read more
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