About 30,000 to 50,000 companies are registered annually in Bulgaria. 90% of them fail and are not operational. Changes to the Commerce Act, which simplify the procedure for closing "dormant companies", have been published for public discussion. The aim is to ease the closure of thousands of companies that have never had a business, employed no staff and are not registered under VAT. Now the procedure takes from 1 to over 5 years.
The changes envisage that the process would take a one-stop visit to the Registration Agency. The applicant will declare that they have no activity in the past 12 months, have not hired staff during this period, have no VAT registration, and have no debts to the state, municipalities or to the revenue agency.
On Monday there will be snow showers or a mix of rain and snow in many places. The precipitation will decrease and stop, and the clouds will clear in the evening. The minimum temperature will be minus 3°C, around minus 1°C in Sofia, and the maximum will..
After a fire destroyed the roof of the historic National High School of Applied Arts in Tryavna on Friday morning, students are taking a week-long emergency break. With the help of the fire brigade, civil protection teams and local businesses, the..
The large-scale inspection, carried out by the competent police structures of the National Police Directorate and the regional directorates of the Interior Ministry, will continue next week to get the full picture - where, what and how many are the..
Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until..
A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her..
Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the..
Partly cloudy, chance of snow
Rain / Snow
Mostly Cloudy
Значителна облачност със сняг
Wet snow