The Variable Capital Company (VCC) has emerged as an attractive alternative to the traditional Bulgarian limited liability company, thanks to its considerable flexibility when it comes to incorporation as a VCC can be incorporated without having to open a bank account beforehand. This ...

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Odoo is one of today’s most talked-about business management solutions, attracting companies with its extensive range of features. But this versatility also brings complexity, and Odoo may not be the right solution for every business…. Our article Odoo, the accounting software ...

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Bulgarian businesses often face significant difficulties when it comes to opening a bank account with a Bulgarian bank to ensure their operation. The solution then most often consists of appointing a local banking representative, who will ensure communication between the bank and the company. ...

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With capped social contributions and a low wage tax rate (10%), Bulgaria is the European champion of wage efficiency (net salary received / employer cost). On the panel of countries compared in this article (France, Romania, Luxembourg, Bulgaria, Switzerland), Bulgaria seems at first sight ...

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The 6th edition of "Précis du droit comptable" has just been published. It was published for the first time in 2008 and has encountered some large success (available only in French) since its first publication.It is available for order online from the publisher website or on Amazon, or in good ...

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Small businesses (i.e. those with a turnover of less than EUR 500,000) can choose to be taxed at the rate of 1% of their income rather than on their profit at the rate of 16%. Experts from the Romanian accounting firm LPG have determined that this regime is favorable to all companies that offer ...

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