As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
Commonly, legal opinion is what we consider as an experienced lawyer’s advice. It is presented in the form of a document prepared by a client’s requirement. The article will provide you with all interested details regarding the provision of legal consultation. Legal opinion: Why do we need it? Banks frequently demand LOs from risky businesses…
1. Sorts of Commercial Units, Their Homestead and General Charge issues This country offers diverse business units with distinct lawful divisions, including the SA requiring EUR 30,000 minimum capital and the SARL with EUR 12,000, managed by boards of directors. The SARL limits subsidiaries to one hundred and could not trade publicly, while the SCA…
1. Trade License Acquiring a pervasive trade licence is a pivotal step for most commercial functioning in Switzerland. This licence is mandatory that assures your commercial functioning bonds to indigenous market rules and protocols. Here’s what you should know: Submission routine: You can apply for a commercial licence to the local canton’s market branch. This…
This is a new investment opportunity – SPI license in UK for sale. Please check out the main details regarding this proposal below. SPI license in UK for sale: key considerations Small Payment Institution (SPI) in UK for sale; Company was licensed by FCA in 2018; Allowed activities (money remittance, foreign exchange); Company has 3…
Seize the opportunity to effortlessly establish your business in the UK with our ready-made company, complete with premium bank accounts at Barclays and HSBC. Key features Company for Sale in UK with Barclays & HSBC Accounts Company Details: – Incorporated: 2024 – Registered Address: England – Company Type: Private Limited Company – Nature of Business…
Are you ready to establish your business presence in the UK effortlessly? Discover our exclusive offer—a ready-made company with immediate access to Natwest, Revolut, and Wise bank accounts. Here’s what you need to know: Key features Company for Sale in UK with Established Bank Accounts – Company Details: Founded in 2024, work in non-specialised wholesale…
An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
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+1 (888) 647 05 40Bulgaria belongs to the rapidly developing Eastern European states – not only in the cultural, but in the political and economic sense of these words. It is especially interesting in terms of building and expanding personal entrepreneurial activities. To date, special services for registering an organization in the Bulgarian state are considered to be among the most popular. There is also a logical explanation: these are favorable conditions for conducting active entrepreneurial activity in the territory of the said jurisdiction. By the way, in this beautiful country there are very small taxation fittings to build their entrepreneurial activities. In other words, it is this characteristic feature that allows you to conduct business in Bulgaria with minimal taxes.
Our company will help you to register a company in Bulgaria on the most favorable terms of interaction. For more than one year our specialists have been effectively cooperating and providing legal support for the registration of companies in Bulgaria.
The first and important fact is that Bulgaria is part of the European Union. In this country, one of the lowest corporate taxes. Five percent is a source tax on outgoing dividends. Instead of regional characteristics of accounting, you can use IFRS. Registration of a company in Bulgaria takes minimal time and is as much as possible operate.
To begin with, you need to choose a name for your future company – later it will have to pass an identity check, so a good tip is to immediately select several options for this. Then you should choose the legal and organizational form of business management, choose the founder or founders. The next step is to provide copies of director or founder passports – domestic or foreign. If the co-founder is a legal entity, then you may be asked to co-create the documentation of the company or organizations for which you can be active on behalf of this company. After that, you need to open a temporary financial account in the bank – in order to make payments to the statutory fund of the company. The latter can range from two or more Bulgarian leva. Then you need to issue a power of attorney in the name of a lawyer to do all the necessary actions to register the company – the activity of the lawyer will be limited only to the registration process. One more step is to sign the necessary papers. Then, all our remaining work to register a company in Bulgaria will be carried out by our professional lawyers.
The key corporate tax rate is about ten percent. It is compulsory for companies that are registered in Bulgaria. Dividend taxation is five percent. The profit from the dividends paid is not included in the tax base of the legal entity.
At a financial rate equal to ten percent, profit from obtaining interest on securities, profit received from finleasing, fee for transaction maintenance, interest for leasing operations, income from franchising and factoring, income from the sale of financial assets, royalties from licenses for realization of intellectual rights. VAT rates in Bulgaria are of two types: 1) 20% – all tax transactions 2) 0% – for export operations and those where VAT, under an international agreement, is not paid.
All companies that are registered in Bulgaria, undertake to regularly submit the necessary financial reporting to the relevant government agencies and institutions.
Eternity Law International will help you in registration a company in Bulgaria, will advise you on taxation in Bulgaria.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.