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Holding Public Limited Liability Company in Bulgaria
Holding Public Limited Liability Company in Bulgaria

VAT in Bulgaria

As defined in the Commercial Code, holding is a public limited company, a public limited partnership or a private limited company with the purpose to participate in whatever form in other companies or in their management. At least 25% of the capital of a holding has to be entered directly in subsidiaries. A subsidiary, according to the local law, means a company in which the holding owns or controls directly or indirectly at least 25% of the stocks or shares, or can appoint directly or indirectly more than 50% of the members of the managing body. The Commercial Code explicitly names the activities, which a holding is allowed to perform and those, which it is not allowed to perform.


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Gross External Debt of Bulgaria
Gross External Debt of Bulgaria

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Foreign assets of Bulgaria

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Bulgarian Name Days
Bulgarian Name Days
In Bulgaria, Name Days are celebrated in addition to birthdays. A Name Day is celebrated by people... ... More
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Bulgaria Translation - Full service Bulgarian Translation company

The biggest city at the Bulgarian Black Sea coast, Varna is situated 470 km east of Sofia. In the course of more than 7 millennia, the Gulf of Varna has been the cradle of several significant civilizations - humankind's oldest gold was excavated in Varna, created by people who inhabited that place around the 4th millennium BC and long before the Thracians, Greeks, Bulgarians and Turks.

SNAPSHOT OF BULGARIA
CORP. TAX 10%!
INCOME TAX 10%!
GDP 2011 € 38.6 B
GDP 2012 Q1 € 8.06 B
Inflation 1.7%
Unemployment 12.9%
GDP growth 2011 1.7%
GDP growth Q112 0.9%
FDI 2011 1,341.2 B
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