Author Archives: RPNAdmin

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Bulgaria – Industrial Potential

The industry as part of the Bulgaria’s economy traditionally represents an important component of the overall economic development of the country. Throughout the so called “transition period” from central to market oriented economy, however, the industry and manufacturing in the…

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Annual Tax Return – Companies

In the context of the ongoing tax campaign and the most recent changes in tax payments, mostly related to the division of the common tax account into four different accounts, we consider it necessary to bring your attention to several…

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Bulgaria – Banking Sector

The banking sector in every single country represents direct reflection of the economic conditions indicating both the rate and intensity of the existing business environment. That is why banks are considered institutions which policy has direct impact on business, investments…

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Common Tax Account – Options

After the Constitutional Court’s decision on the abolishment of the common tax account and the need for adequate reaction from the institutions, an official announcement was made about the possible new features and options given the circumstances. Thus, some light…

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E-Sick Leave – Soon in Practice

Employers, employees, doctors and state administrators will soon be able to use a considerable innovation in their work. As a part of the overall business platform of electronic opportunities popularization and further practical use of technological progress, the launch of…

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Changes in the Common Tax Account

Surprisingly for some and not that much for others, Bulgaria’s Constitutional Court officially announced its decision to deem partially illegal the 2012 legislation changes in the tax code regarding the introduction of a common tax account, thereby requiring its current…

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IMF: 2014 – Positive Outlook for Bulgaria

Very good news for Bulgaria as well as for all investors interested in that country came from the International Monetary Fund in their traditional annual economic prognosis. The specialists confirmed their expectations for a steady growth (1.6 %) of the…

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Bulgaria – Real Estate Investments

Hardly is there an EU member state at the current moment with more favorable real estate market than Bulgaria. As a matter of fact, according to the officially published data Bulgaria and Romania are among the countries with highest percentage…

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Bulgaria – Top Outsourcing Destination

The Ministry of Economy and Energy in Bulgaria has recently announced that according to the latest statistics Bulgaria is the second most attractive outsourcing destination within the European Union. The only country with better results is Estonia. The Baltic republic…

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Bulgaria – Optimistic Investment Outlook

In the context of reduced investment capacity in international terms more and more developing economies seem to have started to realize how much their growth depends on investments – national (mostly from national businesses) as well as foreign (mostly from…

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