Kancheff, Gicheva, Marnikas and partners Legal partnership

04/04/2023

➡️As per May 4, 2023, companies with more than 249 employees must have in place their internal whistleblowing channels and procedures.
➡️Companies having between 50 and 249 employees shall comply with the Whistleblowing Act not later than 17 December 2023.
➡️Non-compliance leads to financial sanctions.

Whistleblowing Act in Bulgaria. Obliged persons. Protected persons (whisleblowers). Internal and external reporting channels

28/03/2023

✅The corporate tax rate remains at 10% in 2023.
✅The income tax for individual single taxpayers also remains at 10% in 2023.
✅The minimum monthly wage in Bulgaria is 780 BGN (399 €).

2023 tax rates and social security contributions in Bulgaria. Corporate tax 10%. Tax on dividends 5%. Minimum monthly wage in Bulgaria.

22/03/2022

Very important information for the Ukrainian refugees in Bulgaria.

Temporary protection status for Ukrainian refugees in Bulgaria. How to apply for temporary protection? Rights of Ukrainian refugees

17/02/2022

The corporate tax rate remains at 10% in 2022.

The tax on dividends and liquidation shares remains at 5% in 2022.

Annual tax returns must be completed and submitted during the period from the 1st day of March until the 30th day of June at the National Revenue Agency. The annual activity report shall be submitted together with the annual tax return. The taxable persons which did not carry out activity during the tax period shall not submit an annual tax return and annual activity report.

The companies shall pay the corporate tax for the 2021 not later than the 30th day of June 2022.

2022 tax rates and social security contributions in Bulgaria. Corporate tax 10%. Tax on dividends 5%. Minimum monthly wage in Bulgaria.

24/12/2021

20/05/2021

Due to the lower taxes on vehicles a lot of foreigners buy and/or register a car in Bulgaria.

Buying a vehicle in Bulgaria. How to buy a car in Bulgaria - necessary documents and taxes. Can foreigners buy a car in Bulgaria?

01/04/2021

Often you may hear from your lawyer to say that a document needs an Apostille stamp. Find out what is the Apostille Stamp, why do you need it and how to get it 👇

What is the Apostille Stamp? Why do you need it? How to get it? Certification, Legalisation and Translation of documents in Bulgaria

11/02/2021

Both Bulgarian citizens and legal entities, as well as foreign ones, may apply for a trademark registration in Bulgaria. Registering a trade mark is a way to build and defend your brand. When using the trade mark, the proprietor may indicate the registration of the said mark by placing the registered trademark symbol ® in a suitable location near the mark.

Trademark registration in Bulgaria. Trademark services: trademark monitoring, renewals of trademarks, enforcement and licensing of registered trademarks

05/01/2021

📌The corporate tax rate remains at 10% in 2021.

📌The tax on dividends remains at 5% in 2021.

2021 tax rates and social security contributions in Bulgaria. Corporate tax 10%. Tax on dividends 5%. Minimum monthly wage in Bulgaria.

23/11/2020

If you are UK national, you have less then 2 months to fix you residency permit in Bulgaria. Do not leave it for the last day!

Requirements for UK nationals in Bulgaria during the transition period. Want to arrange your residence in Bulgaria after Brexit? Contact us.

05/11/2020

📌As per the Bulgarian Measures against money laundering Act all business entities and NGOs incorporated within the territory of the Republic of Bulgaria shall have an AML contact person

An AML contact person for companies and NGOs incorporated within the territory of the Republic of Bulgaria. Nominal monthly fee

18/09/2020

⏳September 30, 2020 ⏳ is the deadline for publishing of the annual financial statements and the annual activity reports for the year ended 31 December 2019 in the Commercial Register and the NGOs Register

Announcement of annual financial statements in the Commercial and NGOs Register. Terms, legal requirements and necessary documents