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Bulgaria is becoming a hotspot for freelancers, remote workers, expats, digital nomads and location-independent entrepreneurs. With its flat 10% corporate and personal income tax rates, low cost of living, and EU membership, the country offers a compelling base for digital nomads looking to set up a business in Europe. However, navigating financial obligations from abroad […]

Filing an annual tax return is a fundamental obligation for both businesses and individuals based in Bulgaria. Understanding the requirements, deadlines, and potential benefits can help ensure compliance and optimise your financial situation. In Bulgaria, all legal entities (companies, NGOs, etc) registered under the Commerce Act (including EOOD, OOD, AD, DPK, etc.) are required to

Bulgaria, located in the heart of Southeastern Europe, has gained recognition not only for its rich cultural heritage and scenic beauty but also for its favourable tax environment. If you are seeking som tax efficient solutions for you and your business, Bulgaria pops up as one of the most preferred places.  This article will give

Bulgaria has the lowest tax rates in the whole of EU and by becoming a tax resident you can enjoy these low taxation rates. If you obtain tax residency, you will have to pay in Bulgaria a tax on your worldwide income. The personal income tax rate is set at a flat 10% as well

Payroll Accounting Services in Bulgaria: Managing payroll in Bulgaria can be a complex process, particularly for businesses that engage different types of workers – employees, managers, contractors, and freelancers. From calculating the right tax deductions to ensuring social security compliance, each form of engagement comes with specific legal and financial requirements. In this article, we

Running a business is challenging, and accounting errors can lead to costly consequences. Here are five common accounting mistakes that could hurt your business – and how professional services like Accountly.bg can help you avoid them: 💼 1. Mixing Personal and Business FinancesKeeping personal and business finances in the same account can lead to confusion