Тhe data in the declaration regarding mandatory contributions and taxes under Article 41a and/or Article 42 of the Personal Income Tax Act (PITA) were updated. This declaration is provided by ...

Blockchain currencies, defined in Bulgaria as virtual money, are subject to heightened interest in the implementation of measures against money laundering. Changes in the sub-legislative regulatory framework regarding persons providing ...

Legal changes to the Anti-Money Laundering Measures Act (AMLA) introduce stricter obligations and penalties regarding the declaration of beneficial owners. Non-compliance notification Recent legal amendments have introduced new rules for ...

The SME Fund provides financial support to small and medium-sized enterprises (SMEs) based in the European Union (EU) for the protection of their intellectual property (IP) rights. SMEs can apply ...

On December 22, 2023, amendments to the Value Added Tax Act (“VATA”) were published in the Official Gazette. These revisions aim to synchronize the VATA with European Union legislation and ...

On December 22, 2023, amendments to the Tax-Insurance Procedure Code (“TIPC”), Labour Code (“LC”), and several other laws were simultaneously published in the State Gazette. Amendments to the TIPC The ...

The amendments to the Corporate Income Tax Act (CITA) were officially announced in the State Gazette at the close of 2023. Here the highlights: Introduction of a new tax: Taxation ...

Significant amendments to the Local Taxes and Fees Act (LTFA) were adopted in late December 2023, as follows: Introduction of amendments regarding tax relief for buildings that have received energy ...

A draft of the amending and supplementing the Bulgarian Citizenship Act has been submitted to the National Assembly, with the aim of clarifying and supplementing the procedures regarding the change ...

On October 20, 2023, a draft Bill on Energy from Renewable Sources in Maritime Spaces was submitted to the National Assembly. The Bill regulates public relations related to the production ...

On December 20, one of the last working days of 2023, the Council of Ministers submitted to the National Assembly for consideration a Bill for an Act amending and supplementing ...

A Bill to amend and supplement the Health Act (“the Bill”) has been introduced in Parliament. The purpose of the Bill is to regulate the provision of treatment, rehabilitation and ...

Accepted in May 2023, the Transparency Directive is already in force and affects employees and employers in both the public and private sectors. The EU member states have 36 months ...

Art. 328 of the Labour Code (LC) regulates in detail the cases in which the employer may terminate with notice the employment contract of an employee. This focuses on the ...

In May 2023 two draft bills for the amendment of the Condominium ownership management act were submitted to the National Assembly for discussion, both of which were adopted on the ...

By Order of the Supreme Court, a new interpretative case was opened under No. 2 of 2023 for the adoption of an interpretative decision on the issue of whether a ...

Оn 14.12.2023. The CJEU ruled on the reference for a preliminary ruling of the Supreme Administrative Court of Bulgaria (SAC). It concerns the interpretation of Article 5(2), Articles 24 and ...

In Press Release No. 184/2023 dated 05.12.2023. The Court of Justice of the EU (CJEU) clarifies the conditions relating to the possibility for national supervisory authorities to sanction a breach ...

The article comments on the taxation of income received by individuals from e-commerce (online trading) made through courier companies and cash on delivery or postal money orders. Most often, these ...

The latest amendments to the еGovernment Act („EGA“), promulgated on 19.09.2023 in the State Gazette (“SG”), introduce a number of facilitations for citizens and the administration upon requesting, issuance, submission ...

On 26.09.2023, the National Assembly adopted at second reading important amendments to the Labour Code (LC). As per the adopted decisions, as from 01.06.2026, employment record books in paper format ...

The National Assembly, in a first reading adopted a change in Local Taxes and Fees Act (LTFA), aimed at bringing a relief to tax obliged persons for local tax, in ...

Your spouse co-owns land property with another person when you and your spouse decide to build on the same property, for example a house. However, starting the construction, your spouse ...

On the 26.07.2023 an amendment to the Special Pledges Act was promulgated in the State Gazette, issue. 64. With the adopted changes the possibility for entry, deletion and announcements in ...