Euroformat

14/10/2026

Doing business in Hong Kong vs Bulgaria as a Ukrainian tax resident

This article provides a comprehensive overview of selected tax matters arising under the laws of Ukraine, Hong Kong and Bulgaria. As tax specialists based in Bulgaria, with strong professional ties to Hong Kong, we have sought to present the relevant tax considerations and assumptions as objectively and accurately as possible.

The information concerning Ukrainian taxation is provided for illustrative purposes only and should not be considered a substitute for advice from a qualified Ukrainian tax adviser.

Accordingly, this article is for general informational purposes only, does not constitute tax or legal advice, and should not be relied upon as such.

Fiscal considerations for a Ukrainian tax resident using a Hong Kong company
More and more Ukrainian entrepreneurs are building ties with Bulgaria. Some have even obtained Bulgarian citizenship while remaining Ukrainian tax residents. As part of more aggressive tax planning, some are considering routing part of their cash flows through third countries with zero or low tax rates. In this article we will analyse whether this is a good idea, or rather how good this idea is.

Citizenship is not (always) equal to tax obligation
👉 Read the full article HERE: 👇👇
https://euroformat.eu/taxes-bulgaria-ukraine-hong-kong/

The double taxation avoidance treaty between Bulgaria and Ukraine. Is it better to use a Hong Kong company or a Bulgarian LTD for dividends?

02/07/2026

Do you need a Visa D before applying for the Bulgarian Golden Visa?
Many investors assume that a Visa D is a mandatory requirement for obtaining permanent residence in Bulgaria through investment. The legal answer, however, is more nuanced.
📌 Bulgarian law does not require a Visa D when applying directly for Permanent Residence by Investment (Golden Visa).
So why do many applicants still obtain one?
Because in practice, the Bulgarian authorities usually expect applicants to hold a Visa D before submitting their application. This creates a gap between what the law says and how the administrative procedure is often carried out.
If you are planning to apply for the Bulgarian Golden Visa, you essentially have two options:
✅ Rely on the legal framework and challenge the administrative practice.
✅ Obtain a Visa D in advance to minimize delays and complications.
Understanding the difference between the legal provisions and the practical application can save you significant time, costs, and unnecessary obstacles.
👉Read the full article here:👇👇
https://posolstvo.eu/blog/visa-d-permanent-residence/

Is a visa D always required if a foreigner wants to apply for a Bulgarian Golden Visa (permanent residence permit by investment)?

21/05/2026

Applying for a visa D from a third country
⁉️ Where to apply for a visa D
According to the Visa Ordinance, an application for a long-term residence visa (visa D) must be submitted in the applicant’s country of permanent residence:

Applications for long-stay visas (visa D) may be submitted only at diplomatic and consular missions in the applicant’s country of permanent residence or at those missions accredited to the applicant’s country of permanent residence.

Art. 11, par. 4 of the Ordinance on the conditions and procedure for issuing visas and determining the visa regime (Visa Ordinance)
However, the Visa Ordinance provides for two exceptions to this rule. These are the exceptions set forth in Article 11, paragraphs 5 and 6 of the Ordinance.

You can read more about the exception under par. 6 (humanitarian reasons) in our article Prior authorisation to apply for a visa D from a third country.

In this article, we will analyse the exception under par. 5.
👉 Read the whole article HERE: 👇
https://posolstvo.eu/blog/visa-d-where-to-apply/

04/05/2026

Amazon seller account Bulgaria

🪙 About our incorporation and Amazon seller account services
If you want to open an Amazon seller account Bulgaria, setting up a local EU company is one of the smartest moves you can make. We help foreign entrepreneurs register a Bulgarian company that is fully suitable for Amazon, including FBA and cross-border EU sales.
Bulgaria gives you access to the European market, stable regulations, and one of the lowest tax rates in the EU. This makes it an ideal location for anyone serious about building a long-term Amazon business. Accountancy compliance is straightforward and in general much more affordable than in many other EU countries.

🇧🇬🇪🇺 Why choose Bulgaria for your Amazon seller account?
Bulgarian Company with Amazon seller account
What you receive with our service:
– A fully registered Bulgarian company with numerous additional FREE services included – all described here;

– Nominee service for a period of three months;

– Legal support for registration of Amazon seller account;

– Virtual office services;

– Invoice processing.

🎯 Learn more HERE: 👇
https://euroformat.eu/amazon-seller-account-bulgaria/

Registration of a company in Bulgaria to be used for Amazon seller account. Professional accountancy follow up service.

04/05/2026

Tax compliance and unrealistic expectations
💶 Low taxation, but compliance is essential
Bulgaria is known for its low corporate tax rates, offering businesses a competitive 10% flat tax. This favorable tax environment has made Bulgaria a popular choice for foreign investors looking to open a company and run their operations efficiently within the EU.
🗼📈 Unrealistic expectations
Many foreign clients come to Bulgaria assuming that tax compliance is simple and inexpensive. In reality, full compliance under the Bulgarian tax system requires careful attention. Companies must complete a range of accounting tasks, maintain proper documentation, and submit multiple declarations. Ensuring everything is handled professionally requires time, expertise, and the right resources.
The minimalistic approach
👉 Read the full article HERE: 👇
https://euroformat.eu/tax-compliance-bulgaria/

Tax compliance in Bulgaria. What to do if you are a foreign owner of Bulgarian company? How to deal with fiscal and legal issues.

07/03/2026

Обман с болгарским гражданством по происхождению

⁉️ Все больше уголовных дел против кандидатов с фиктивным происхождением для получения болгарского гражданства по происхождению
Огромный рост числа расследований и уголовных дел, связанных с болгарским гражданством по происхождению
☞ Как мы уже неоднократно писали, следы мошенников, предлагающих болгарское гражданство по происхождению лицам, которые на самом деле не имеют болгарского происхождения, почти всегда ведут в Румынию. О «румынской афере» вы можете прочитать в нашей статье - Румынская компания обманывает, предлагая болгарское гражданство по происхождению.

Русскоязычные мошенники активно предлагают мошеннические схемы получения гражданства
◉ Логично, българските правоохранителни органи - ГДБОП, ДАНС, полиция и прокуратура - активно проводят расследования и возбуждают уголовные производства. По нашей информации, почти во всех случаях речь идёт о русскоязычных мошенниках, которые используют румынские компании в качестве прикрытия.

⁉️ Как отличить мошенников?
⭕️ Читайте больше здесь:
https://posolstvo.eu/ru/blog/obman-grajdanstvo-bolgarii/
#болгарскоегражданство

Все больше расследований и уголовных дел против русскоязычных мошенников, предлагающих болгарское гражданство по происхождению (видео).

12/02/2026

When Tether cuts you off…
Tether – more silent than ever
A frozen USDT address can instantly ruin one’s life. One moment your funds are there – the next, they are locked without a warning or an explanation. And when you cry for help and ask Tether what went wrong – you are ignored. This is not a scenario of a horror movie. According to VD&A, this is what is happening more and more often in recent months. Whereas until mid-2025 Tether would acknowledge issues almost immediately, the company behind USDT now increasingly prefers to remain silent.
⁉️ Why Tether stays silent?
👉Read the entire article HERE: 👇
https://euroformat.eu/when-tether-does-not-reply/

What to do if Tether blocks your wallet and then doesn't even give you a reason for the freeze. What help can yuo get from VD&A's lawyers?