Legal consultations
Lawyers with extensive experience and proven skills in the Legal field
One of the main aspirations of our solicitors at T&G Consulting is to help you – our clients, and to offer comprehensive service.
Our lawyers constantly strive to perfect their skills and qualifications, and currently our office consists of English-speaking and Russian-speaking solicitors with years of experience.
Legal Consultations
The continuous changes in Legislation, ever-changing requirements for traders and the introduction of different registration regimes present an additional challenge. Hence the need for legal consultations from professional lawyers proven in the field.
Our team of solicitors provides legal services and legal consultations to representatives of small and medium-sized businesses, from Start-ups and new businesses to established companies. We offer legal assistance and legal consultations to companies from different industries. Our lawyers work successfully with local and foreign legal entities. We are a reliable partner in solving legal issues concerning your business and future projects.
We can be useful with the tax authorities that include preparing standpoints on requests from the authorities, appealing against tax rulings and penal decrees, legal representation in relation to them.
The experience of our solicitors also extends to relations between employer and employee, in conducting negotiations with your counterparties as well as collection of receivables by court order, drawing up specific contracts, additional agreements, etc.
In addition to the general legal framework in the field of commercial turnover and tax and labor law, the legal consultations offered by our lawyers are related to the specialized legislation, according to the specifics of your activity. Timely and competent legal assistance is particularly important for any trader or legal person.
If you need legal services, CONTACT US. Our solicitors will advise you and represent you in a legal case. Our task is to support you and save you unnecessary nerves and efforts.
Answers to your questions
How long does it take to register a company in Bulgaria?
First, we prepare all the necessary documents for company registration, which takes between 1-5 working days.
After that, it is necessary to open an accumulation company bank account, which for Bulgarian citizens happens immediately, but for foreign citizens, there is often an inspection by the bank, which can last between 1-20 working days.
It is also necessary to make a notarization of an affidavit in front of a notary, which is done immediately.
And finally, after all actions mentioned above have been completed, it takes up to 3 days for the company registration in the Commercial Register to be finalized.
Can I register a company in Bulgaria remotely?
Yes, we at T&G Consulting assist with company registration completely remotely. You don’t need to be in Bulgaria or travel to the country. For your convenience, we will assist you throughout the entire process.
What are the prices of your services?
Pricing depends on a number of different factors. We form our prices after we have familiarized ourselves with your business activity and the amount of work we will need to do. For this purpose, please fill out the questionnaire on the ‘Pricing’ page or contact us directly.
Do I have to register for VAT?
It depends on your activity and the way you will develop your company. Many specific factors must be taken into consideration, so we recommend that you consult with a specialist to examine your case and whether you fall under any of the hypotheses for mandatory VAT registration.
Here are two of the most common cases in which you are subject to mandatory VAT registration:
- If for the last 12 months you have exceeded a turnover of BGN 100,000. (The threshold of BGN 100,000 comes into force on 01.01.2023, before that date the threshold is BGN 50,000)
- You perform or receive services on the territory of the EU - in this case, you need to register no later than 7 days before the date of occurrence of the tax event
How much is the corporate tax - profit tax in Bulgaria?
Corporate tax in Bulgaria is 10% and does not change regardless of the turnover of your company. This makes Bulgaria one of the most attractive places for investment and business development in Europe.
How much is the dividend tax?
In Bulgaria, the dividend tax is 5%, both for Bulgarian and foreign citizens.
Is Bulgaria part of the countries that offer treaties to avoid double taxation?
Yes, Bulgaria signed double taxation treaties with more than 60 countries worldwide in order to avoid double taxation.
Do you work with clients outside of Bulgaria?
Our team speaks English and Russian. This allows us to work with clients outside of the country who wish to take advantage of the attractively low taxes in Bulgaria.