Tag Archives: bg_BG

BREXIT – happy end or impasse?

After months of negotiation, the UK and EUhave agreed a BREXIT deal.

Exactly at 11 o’clock on Friday, 29 March2019 – UK leave the EU.  It can beextended if all 28 EU members agree, but at the moment all sides are focusingon that date as being the key one.

So BREXIT is definitely happening.

Many questions still have no answer like – Whatare the consequences and what are the advantages? Is BREXIT a “happy divorce”between the UK and EU? What happens after BREXIT?

We will focus the attention to the business development and the agreed free movement of people and goods.

However, let`s say that if no trade deal isin prospect by July 2020, the two sides could agree to extend the transitionperiod instead. Thus, the UK will keep good trade relations with the EU flowingas it does now.

So, we may say that Great Britain will notlose so much from its EU leaving, at least not in. the nearest future. 

In any case, from another point of view –what happens with the UK business if it is strongly connected to other EUcompanies, more popularly speaking – B2B?

For example, let us take the UK freelancerswho have so far successfully done their business with other EU clients? Isthere a solution for them and if yes, what is the best?

Generally speaking, the best is to startdealing by using company incorporated within the EU.

And here is the question – where?

In long, we can say that Bulgaria still keeps the first place on the lowest corporatetax in a European Union – 10% flat rate. But that’s not all that a freelancer is interested in, not at all! Here are few more important benefits:

  • VAT within the EU 0%
  • Dividend Tax within the EU 0-5%
  • Dividend Tax Third countries (Flat) 5%
  • Double taxation avoidance treaties with 80countries, including UK
  • No WTH within the EU
  • Secure bank system.

Acting as a key corridor between Asia and Europe and providing perfect tax environment, Bulgaria may provide many advantages, especially for growing up businesses. 

For more information on how to open a company in Bulgaria you may contact us here

BREXIT – THE TEMPLE OF DOOM

It took British Prime Minister, Theresa May a year and a half to reach a Brexit deal with the European Union.

Britain has the imperfect deal that it was always going to get.

It took less than a month to be clear that the parliament will not approve the proposed Brexit agreement and it is to be lost by a wide margin.

ME Digitization Supports Bulgarian Exports

Bulgarian government supports the digitization of SMEs and increasing the share of digital trade as a strong instrument to increase Bulgarian export.

The Economy Ministry strives to be an active partner of businesses and global leaders in the sphere of ICT. Incentives like joint courses organized with Google which have taught digital skills to 26,000 people are just an example.
Over the past 10 years, more than 1 billion euro was invested in support of SMEs under Operational Programme Competitiveness and Operational Programme Innovation and Competitiveness. A large portion of these funds were intended for the introduction of innovative and technological solutions.

КОЙ СЛЕДВА ДА ПОДАДЕ УВЕДОМЛЕНИЕ ПО ЧЛ. 143Ш ОТ ДОПК ЗА ЦЕЛИТЕ НА АВТОМАТИЧНИЯ ОБМЕН НА ОТЧЕТИ ПО ДЪРЖАВИ?

Кой следва да подаде уведомление по чл. 143ш от ДОПК за целите на автоматичния обмен на отчети по държави?
 
Иван Антонов, главен юрисконсулт Дирекция „СИДДО“
 
Актуално към 01. 11. 2017 г.
  • подаване на отчети по държави, както
  • уведомленията по чл. 143ш от ДОПК.
Stay Connected


International calls
+359 2 943 33 88

YOU NEED FREE OF CHARGE EXPERT ADVICE?

PLEASE DO NOT HESITATE TO CONTACT US!
Zara Consult Menu