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.
Bulgarian Patriarch Daniil met yesterday with Prince Ghazi bin Muhammad - Chief Advisor to King Abdullah II for Religious and Cultural Affairs, the Bulgarian Patriarchate reported. The prince is part of the official delegation of..
The government will remain intolerant of any form of corruption. This was what Prime Minister Rosen Zhelyazkov said from the parliamentary rostrum regarding the investigation by the European Public Prosecutor's Office into the..
The increase in toll taxes seriously affects international carriers and all those involved in this activity in the country. Despite the meeting between representatives of carriers and the Minister of Regional Development and Public Works, Ivan Ivanov,..
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