The Ministry of Finance of Bulgaria is preparing to optimize the work of the National Tax Agency, and at the same time save businesses part of the annual costs. Related offers Published on the official website of the ministry. In particular, it is planned to legislatively resolve one of the most discussed issues among immigrants – whether it is worth submitting an annual declaration to legal entities that do not conduct economic activities, but were created solely for the purpose of acquiring movable and immovable property.

In ZID project (The law for the amendment and addition to the Dan'chno-osiguritelniya code (ZID on the DOPK) and the draft official explanations It is assumed that "legal entities that have not carried out activities during the tax year and which are exempt from submitting an annual report on activities, will be exempt from the need to file an annual return, in accordance with the Corporate Income Tax Act, as well as from the declaration of annual financial statements in the Commercial Register."

According to the calculations of the National Revenue Agency, this initiative will allow businesses to save about BGN 1.1 million annually. According to the agency, the total number of companies that will be affected by the mentioned changes is about 200 thousand.

MC "Window to Bulgaria"
okno.migrateka.com/