The reverse VAT charge mechanism is an integral part of the European Union’s VAT system, designed to simplify taxation on cross-border transactions and prevent VAT fraud. If you’re a business operating in Bulgaria, understanding how this mechanism applies can help…
Bulgaria slowly, but steady becoming a perfect place for people who are looking for a new start. With its low cost of living, favorable tax rates, and rich culture makes it even more attractive destination for many Americans. Benefits of…
The EU Blue Card serves as a residence and work permit specifically designed for highly skilled non-EU nationals. It facilitates the ability of these professionals to reside and work in Bulgaria and other EU member states, promoting the integration of…
For anyone considering relocation or investment within Europe, understanding the differences in personal tax and social security systems is critical for planning. Bulgaria and Spain, both EU members, offer contrasting systems for income tax, social security contributions, and overall costs.…
Bulgaria has become an attractive hub for investors, thanks to its straightforward tax structure and competitive rates on personal and corporate income. This extends to both taxation of cryptocurrency gains and capital gains from stock investments, making Bulgaria a favorable…
As an entrepreneur, you already know how crucial it is to choose the right way to set up your business activity. Regardless the country you are relocating, this has a huge role when you are starting your business in Bulgaria.…
Bulgaria is an increasingly popular destination for retirees seeking a peaceful lifestyle in a beautiful country with rich history, friendly people, and a low cost of living. As a pensioner, you may be considering obtaining long-term residency in Bulgaria to…
In the dynamic business environment of the modern world, both companies and freelancers need reliable accounting services to ensure compliance with local regulations and optimize their financial performance. Whether you’re a startup, an established company, or a freelancer, our expert…
Remote working offers numerous benefits that have made it a popular choice for professionals and especially freelancers across various industries. It allows you to set your own schedule, giving you the freedom to work when you’re most productive. Remote work…
In recent years, the rise of remote work and the digital economy has prompted many young entrepreneurs and startups to seek out ideal locations to establish their businesses or embark on their nomadic lifestyles. While popular destinations like Portugal have…