The average value of an unserviced debt in Bulgaria has increased by 50% on a yearly basis, data from the Association of Collection Agencies in Bulgaria (ACABG) shows. Annual data published by the association …
Bulgaria’s government has proposed to parliament to ratify a new agreement with Romania on avoiding double taxation and prevention of tax evasion. The agreement, signed in April 2015, provides a …
The US Citibank plans an extension of its activity in Bulgaria and support for Bulgarian business through co-financing of projects under the EU programmes. This became clear following a meeting …
Newly-adopted amendments to the Penal Code are now enforcing harsh measures targeting concealment of social insurance contributions. Among the heaviest penalties are imprisonment from two to eight years and confiscation …
