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VAT in Bulgaria

Foreign legal entities registered abroad, as well as foreign individuals and other entities, can register a branch in Bulgaria provided they are registered as commercial entities in accordance with the relevant legislation in their home country. No authorized capital is required to found a branch. A branch is not a legal entity, it is part of the company - founder. However, branches are obliged to maintain accounts as an independent company. A branch of a foreign company must prepare a balance sheet.


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Making a toast when drinking liquor is de rigeur. When toasting, raise your glass and lightly clink ... More

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