The Parliament discussed decrease of the VAT for medicines The National Assembly discussed on today’s session on first readings two bills proposing changes in the Value Added Tax Act which stipulate decrease of the VAT for medical goods. Now the tax stake on… Read

Changes in the Trade Register Act shall ease the registration and re-registration procedures The Government approved the bill of Change and Addition of the Trade register Act. It should elaborate some law provisions which shall ease the bureaucratic registry procedures. The bill represents proposals… Read

Bulgarian Solicitor’s services with included VAT Bulgarian Solicitor’s and Notary’s services will be taxable with 20 %, the Parliament has decided as re-voting a text in the new VAT bill. The motif behind that is harmonization and synchronizing… Read

Bulgarian Registry Agency One of the newest changes concerning the Bulgarian trade legislation is the establishing of a centralized Bulgarian Registry Agency. The agency’s trade register started functioning on form the 01.01.2008… Read

Bulgaria with excellent macro economical indicators according to a representative of the World bank Bulgaria is with excellent macro economical indicators announced the manager for Central, South central Europe and the Baltic countries in the Europe and Central Asia region of the World Bank – Orsalia… Read

1,1% is the inflation for February The index of the consumers prices for February 2008 in comparison with January is 101,1%, meaning that the inflation is 1,1%. The average growth of the consumers’ prices from the beginning of the year… Read

Bulgaria, Russia Sign 8 Memoranda during Putin's Visit he close cooperation between Russia and Bulgaria can only be good for the Bulgarian economy, especially as the Russia economy is growing bigger and relationships between Russia and the US and UK have… Read

Bulgaria Unharmed by Global Credit Crisis In many parts of the world homeowners have a reason to fear the credit crisis which overtook the world. However, this does not apply for Bulgaria. Due to the investments of Eastern Europeans and the increased… Read