The VAT registration threshold for companies in Bulgaria will be raised from €25,564 to €51,129 on January 1 next year. The National Assembly unanimously accepted the amendments proposed by "Democratic Bulgaria".
In order to raise the threshold for VAT registration, permission by the EC is also required and the Bulgarian Ministry of Finance has already requested it.
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..
The annual growth of incomes outpaced that of expenses in 2024. According to data from the National Statistical Institute, in 2024 the average annual total income per household member in Bulgaria reached 12,857 BGN (6,573.68 EUR) and increased by 18.5%..
Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo..
At the end of 2024, Bulgarians' wealth hit a record high of 1 trillion leva (€511.29 billion), which is five times higher than the gross domestic product...
The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic..
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