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 President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security challenges in the Balkans. King Abdullah II of Jordan visits Sofia to co-chair high-level..
The second edition of the festival of antiquity "Diocletianopolis - Crossroads of Time" will be held from April 4 to 6, 2025 in the city of Hisarya. The modern city of Hisarya arose on the ruins of the ancient Roman city of..
In the next 24 hours, the cloudiness over the country will remain significant. In the afternoon, rainfalls are expected in many places. The lowest temperatures will be between 3° and 8°C; in Sofia - about 5°C. The highest will be..
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