Bulgaria
Legal and Accounting Services in Bulgaria
Recent forum posts
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MMOexp Lineage 2M: Shadow and Fury – The Antharas Campaign
In the vast and dangerous world of Lineage 2M, few threats compare to the might of Antharas, the legendary Earth Dragon. As one of the game's most formidable world bosses, Antharas poses a significant challenge to even the most experienced adventurers. In Shadowstrike of the Antharas Awakening, players who favor swift, lethal attacks and tactical positioning—particularly those using Shadowstrike—c
Total Posts: 1 Last post by Lilidala
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MMOexp Monopoly Go: Heist Strategies for Golden Peg Success
Monopoly Go by Scopely takes the classic board game to new heights with competitive mechanics, fast-paced rolls, and exciting mini-events. One of the most thrilling events in the game is the Bank Heist, and Monopoly Go Stickers when combined with the ultra-rare Golden Peg, it becomes a high-stakes opportunity for massive gains. In this gu
Total Posts: 1 Last post by Lilidala
Bulgaria Legalities
Legislation in Bulgaria has been aligned with EU legislation to ensure the free movement of people, goods, services and capital.
Standards and regulations
Products and packaging should meet EU standards.
Bulgaria is a member of the:
- International Organisation for Standardization (ISO)
- International Electrotechnical Commission (IEC)
- International Technical Union (ITU)
The Bulgarian Institute for Standardisation (BDS) is responsible for standards.
Bulgaria has standardisation and product certification bodies. Bulgarian ministries or agencies issue specific standards and certificates for various sectors.
Labelling must be in Bulgarian.
Trademarks, designs, patents and copyright are the principal forms of IP protection available to companies and individuals.
IP law, especially for patent protection, is not totally harmonised within the EU.
Bulgaria is a member of the main international conventions protecting intellectual property. However enforcement of IP rights can be challenging.
The Bulgarian Patent Office is responsible for implementing legislation on IPR.
Bulgaria Taxation
The UK has signed a double taxation convention with Bulgaria.
The Ministry of Finance has responsibility for tax in Bulgaria.
Value Added Tax ( VAT)
The standard VAT rate is 20%. There are reduced VAT rates to 9% for hotel services.
Check with HM Revenue and Customs (HMRC) regarding VAT refund of business expenses incurred in Bulgaria.
Company tax
Corporate income tax is 10%.
Certain company expenses are taxed at 10%.
Income tax
Income tax is set at a flat rate of 10 %.
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