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Two-thirds of the biggest IT employers in Bulgaria are foreign companies

The biggest employers in the IT sphere are foreign companies, shows an analysis by DEV.BG, a company which brings in contact employers and job-seekers in the IT-sphere in Bulgaria. The rating of the 100 biggest IT companies operating in the..

16.03.24 17:11 |

Law changes envisage accelerated closing of dormant companies

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..

30.12.23 17:22 |

Higher profit tax for companies with annual turnover of more than 750 million euros

Large business to pay 5% additional profit tax, but with a relief of 8% if it invests in tangible fixed assets. This is what the parliament decided at the second reading of changes to the Corporate Income Tax Act. The project proposed by the..

13.12.23 10:49 |

EU directive on taxation of foreign companies introduced in Bulgaria

Multinational and large national enterprise groups will be required to pay additional tax. The decision was made during the first reading of the envisaged changes in the Bulgarian parliament. MPs approved changes to the Corporate..

24.11.23 16:53 |

President Rumen Radev has met with representatives of 15 US companies

Bulgaria offers a number of investment advantages in terms of geographical location, conditions for doing business, as well as human potential at the backdrop of dynamic regional and global political and economic processes. This was what President Rumen..

01.11.23 17:58 |
Vasil Bozhkov

NRA lifts seizure on Bozhkov's shares in companies worth over 25 million euros

The National Revenue Agency has lifted the seizure of shares worth 49.6 million leva (25.3 million euros) in companies owned by gambling tycoon Vasil Bozhkov, who was placed under house arrest, in exchange for a bail of half a million leva (256..

25.09.23 16:31 |

Business relations with China are unbalanced, according to the Bulgarian Industrial Association

The leadership of the Bulgarian Industrial Association have met with the new Bulgarian ambassador in Beijing, Andrey Tehov. Chair of the association, Dobri Mitrev, informed the diplomat that entrepreneurs trading with China consider..

15.08.23 09:31 |

Road companies start protest because of unpaid money

On July 27, road maintenance companies hold protests and will block traffic in the center of Sofia and in over 20 points throughout the country. After October, there will be no road maintenance, the chairman of the "Roads" Branch..

26.07.22 12:25 |

Investments in Bulgarian startups are on the rise

Policy stimulating innovations should be the leading one for every government, as innovations are the key to managing crises, President Rumen Radev said at the opening of the round table "Innovations - Opportunities for Bulgaria"...

18.07.22 13:39 |

VAT registration threshold in Bulgaria doubles

The VAT registration threshold for companies in Bulgaria will be raised from €25,564 to €51,129 on January 1 next year. The National Assembly unanimously accepted the amendments proposed by "Democratic Bulgaria". In order to raise..

14.07.22 15:08 |
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