Foreign Entities

Foreign Entities

If you are a foreign entity which is doing business in Bulgaria, generates income or profit from Bulgaria or if you are hiring out workers or assigning officials to Bulgaria,we will provide a personalized consultation and assist you in complying with the Bulgarian tax legislation and in minimizing the tax risks you are facing, as well as in the avoidance of double taxation in your country.

If you are a foreign entity – a foreign company or a foreign partnership – which

  • Is doing business in Bulgaria,
  • Generates income or profit from Bulgaria,
  • Is hiring out take out workers or assigns officials to Bulgaria,
  • Provides services in Bulgaria or receives services from Bulgaria,
  • Transfers shares to a Bulgarian entity or acquires shares in a Bulgarian company,
  • Participates in a Bulgarian company,
  • Receives dividends from Bulgaria,
  • Receives royalties, interest, income from consulting services, income from technical services or income from other services from Bulgaria,
  • Searches a solution for a new structure of its Bulgarian business,
  • Has Bulgarian contractors,
  • Has a branch or an office in Bulgaria,
  • Registers a company in Bulgaria,
  • Sells or rents property in Bulgaria (sale of property in Bulgaria),

We shall provide a personalized consultation and assist you in complying with the Bulgarian tax legislation and in minimizing the tax risks you are facing, as well as in the avoidance of double taxation in your country. We can offer specifically:

  • A review of the Bulgarian tax legislation in the area you are interested in
  • Information about the tax risks in your Bulgarian business
  • Consultation on the ways of structuring your Bulgarian business and making effective tax decisions
  • Consultation on the possibilities provided by the Bulgarian legislation in the area of taxation
  • Information about the legal base in the area of taxes between Bulgaria and your country of establishment
  • Consultation on Double Taxation Conventions, transfer pricing issues and consultation on FATCA Agreement
  • Consultation on the tax exemptions and tax allowances, provided by Bulgaria to residents of your country
  • Consultation on the opportunities provided by the Agreements for the avoidance of Double Taxation (Double Tax Agreements) concluded by Bulgaria
  • Assistance in compliane with the Bulgarian procedure for the application of the tax exemptions provided in the Bulgarian Tax Treaties (Tax Treaty Procedure)
  • Information about your tax liabilities in Bulgaria and the options of avoiding double taxation on your income or profit
  • Assistance in following the Bulgarian legal procedures related to the tax compliance and application of tax exemptions
  • Protection of your interests and tax rights
  • Information about the taxation of the remuneration of your officials or workers assigned temporarily or constantly in Bulgaria
  • Information about the tax risks and the options for their minimization