The Bulgarian government has agreed to change the threshold VAT limit from 2500 to 5,000 euro. The introduction of the reverse charge mechanism of VAT will contribute to the reduction of losses from VAT fraud and on the other hand will limit unfair competition, which is an important support for small and medium enterprises. Also the use of the mechanism of reverse charge leads to a decrease in cash flows and provides additional working capital for the business, as recipients will have no obligation to pay the tax to suppliers.
The caretaker government approved a draft law amending and supplementing the Foreigners in the Republic of Bulgaria Act. The adopted amendments aim to synchronize the document with EU directives regarding the conditions of entry and residence of..
The caretaker cabinet approved an international agreement for the acquisition of anti-tank guided missiles Javelin under the U.S. Foreign Military Sales program. The decision proposes that the National Assembly ratify the agreement by law. The..
After it became clear that the prospective cabinet would be backed by a coalition of GERB-SDS, There is Such a People and BSP, Premier-designate Rosen Zhelyazkov explained that the political responsibility would be shared by all participants in the..
A scientific team with Bulgarian participation has shown the presence of three exoplanets in one of the most interesting multi-planet systems discovered..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
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