About 30,000 to 50,000 companies are registered annually in Bulgaria. 90% of them fail and are not operational. Changes to the Commerce Act, which simplify the procedure for closing "dormant companies", have been published for public discussion. The aim is to ease the closure of thousands of companies that have never had a business, employed no staff and are not registered under VAT. Now the procedure takes from 1 to over 5 years.
The changes envisage that the process would take a one-stop visit to the Registration Agency. The applicant will declare that they have no activity in the past 12 months, have not hired staff during this period, have no VAT registration, and have no debts to the state, municipalities or to the revenue agency.
According to Czech MEP from the European People's Party (EPP) Tomáš Zdechovský, the vote for Bulgarian Commissioner-designate Ekaterina Zaharieva is not guaranteed. "The problem is that many of our colleagues from the Socialists and the Liberals..
520 students from the Bulgarian community in Ukraine have been admitted as freshmen to higher education institutions in Bulgaria for this academic year. Another 34 people have enrolled in master's degree programs and 8 people have been accepted in..
With a rating of 5.9, Bulgarians are the most dissatisfied people in the EU, according to data from a Eurostat survey for 2023. In the survey, people in the EU rated their overall life satisfaction on a scale from 0 (very dissatisfied) to 10 (very..
Right before the two military pilots training for an air show crashed their plane in the critical seven seconds of the flight there was no communication..
A letter of intent covering military activities between Turkiye, Romania and Bulgaria was signed in Brussels by the defence ministers of the three..
According to a survey by Gallup International Balkan, one tenth of respondents admit that they would accept to vote in exchange for money, other..
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