If you are a Bulgarian company which is doing business abroad, recieves income from abroad, recieves services from foreign persons or assigns workers abroad, we will provide a personalized consultation and assist you in complying with the tax legislation and in optimizing the tax risks you are facing both in the area of the Bulgarian tax legislation and in the area of the international taxation.
If you are a Bulgarian entity – a company or a partnership – which
- Makes business around the world,
- Performs services abroad, receives services from abroad or pays for services to foreign persons (services from abroad),
- Transfers its shares to a foreign person (sale of shares),
- Acquires shares in a foreign company (acquisition of shares),
- Participates in a foreign company,
- Receives dividends from a foreign company,
- Receives royalties, interest, income from consulting services or income from technical services from abroad,
- Pays royalties, interest, income from consulting services, income from technical services or income from other services to foreign persons,
- Searches a solution for a new structure of your business,
- Concludes contracts with foreign companies,
- Sends or assigns workers abroad or officials abroad (workers abroad),
- Has a branch or an office abroad,
- Registers a company abroad (registration abroad),
- Sells or rents property abroad (sale of property abroad),
- Conducts construction activities abroad (building abroad),
- Sells software or performs software services abroad,
- Sends IT specialists to work abroad,
- If you have a foreign owner of capital and shares, a foreign manager or foreign contractors,
- If you’d like to apply a Bulgarian tax exemption for your foreign income or a tax credit for taxes paid abraod,
- If you believe you are taxed improperly abroad,
We will provide a personalized consultation and assist you in complying with the tax legislation and in optimizing the tax risks you are facing both in the area of the Bulgarian tax legislation and in the area of the international taxation. We shall specifically provide you with the following:
- Information about the tax risks in your business
- Consultation on structuring your business and taking effective tax decisions
- Consultation and assistance in choosing the place of establishment or registration of your business
- Information about the tax allowances and tax reliefs provided by the Bulgarian laws and international agreements in relation to income and profits generated from the country, where you carry on your business
- Consultation on Double Taxation Conventions, transfer pricing issues and consultation on FATCA Agreement
- Assistance in compliance with the Bulgarian procedure for the application of the tax exemptions granted in the Double Taxation Conventions
- Consultation and assistance for the initiation of Mutual Agreement Procedures (MAP) with the country in which your income is to be taxed
- Information about the perspectives for tax optimization
- Consultation on how to protect and claim your tax rights in the country of your business
- Assistance to protect and claim the tax reliefs and tax exemptions granted by the Convention for the Avoidance of Double Taxation between Bulgaria and the country of your business (the Tax Treaty in force)
- Information about the existing legal base in the area of taxes between Bulgaria and the country of your business
- Consultation on your legal liabilities in Bulgaria related to your income or profits realized abroad
- Information about the Bulgarian taxation of your income or profit realized abroad
- Consultation on the possibilities to avoid double taxation of your income or profit from abroad
- Information about the taxation of salaries of your workers abroad
- Information about the tax risks you are exposed to and the possibilities to manage the tax risks