Practical tips for small businesses and freelancers. Browse over 70 articles on invoicing, VAT, choosing a company structure, and working with international clients. Everything you need, explained in simple language.
The idea of starting your own business is exciting until you face the question: „Where do I start with all these institutions?“. Bureaucracy in Bulgaria might seem intimidating, but it actually follows a strict and clear logic. Here are the exact steps you need to go through in 2026 to work completely legally, pay the […]
Прочети →Organizing giveaways, sending PR packages to influencers, or running massive clearance sales are favorite marketing strategies for any online store. But for VAT-registered companies, these actions hide a huge, often invisible trap. If your business has not yet reached the thresholds for mandatory registration, you can familiarize yourself with the current rules in the article […]
Прочети →Retirement has long ceased to mean the end of an active life. Many people with rich experience as accountants, teachers, architects, consultants, or craftsmen continue to work even after retiring. If you are retired and want to work legally, registering as a freelance professional is undoubtedly the most advantageous option in Bulgaria. The state provides […]
Прочети →One of the most common and worrying questions for women working freelance is: „What happens to my business when I give birth? Can I keep a few old clients and issue invoices to them while I am on maternity leave?“. As a freelancer, you are the face and the engine of your business. However, the […]
Прочети →Etsy is one of the most accessible platforms for starting a global business. Whether you are just setting up your first store or you already have realized sales, at some point you inevitably face the question: „How do I legalize my activity and what taxes do I have to pay?“. The answer to this question […]
Прочети →Social networks have long ceased to be just a place for sharing photos. For thousands of Bulgarians, Instagram and Facebook have become a primary channel for selling clothes, cosmetics, accessories, and home goods. The process seems simple: you upload a photo, the client sends you a direct message, and you ship the package via courier […]
Прочети →Creating handmade jewelry often starts as a hobby but can quickly turn into a profitable business. When sales on Instagram, Facebook, or Etsy start to grow, the inevitable question arises: „How do I legalize my activity without giving all my money to taxes and accountants?“. In Bulgaria, you have two main paths – to register […]
Прочети →We have all seen those blue paper booklets passed from employer to employer. Until recently, they were an essential part of every employment contract in Bulgaria. In 2026, however, this relic is finally going down in history. The transition to electronic employment record books is not just another administrative change – it is a long-awaited […]
Прочети →In 2026, Revolut is no longer just a mobile app for easy transfers between friends. For the modern freelancer and small business owner in Bulgaria, Revolut Business has become an essential financial tool. The ability to have a multi-currency account, exchange euros, dollars, and pounds at interbank rates, and receive payments from all over the […]
Прочети →Tax season is often associated with stress, especially when you are juggling multiple projects and clients. Sometimes you simply forget the deadline. Other times you file everything on time, but a week later you realize you forgot to include an important invoice from abroad. It happens to everyone. The most important rule here is: do […]
Прочети →You start working as a freelancer, register successfully, and find your first clients. Everything is going great until one of them asks you: „Can I pay in cash?“. You panic – do you need a cash register? Will the NRA fine you? In this article, we will untangle this issue in simple and understandable language, […]
Прочети →When you land your first foreign client, the joy is huge. But right after that comes the question: „How exactly do I issue them an invoice?“. As a freelancer in Bulgaria, you have the right to work with companies from all over the world. The process is not complicated as long as you follow a […]
Прочети →Being a freelancer means wearing many hats. You are a contractor, salesperson, marketer, and accountant all at once. In 2026, however, the rules of the game are different. Artificial intelligence (AI) is no longer just a fun technology for generating pictures – it is a full-fledged virtual assistant that can take over your routine tasks. […]
Прочети →The professions of the architect and designer have their strict rules. Your work is closely tied to the regulations of the Chamber of Architects in Bulgaria (CAB) or the Chamber of Engineers in Investment Design (KIIP). Unlike other professions, your projects are often created, approved and paid in installments over months or even years. From […]
Прочети →In recent years, the profession of psychologist and psychotherapist has undergone a huge transformation. From traditional office sessions, the practice has expanded to online consultations, group webinars, selling e-books, and corporate training. Entering 2026 with the new European rules for small enterprises, tax authorities are monitoring where your income comes from much more closely. The […]
Прочети →The world of copywriting and content creation has undergone a massive shift over the last two years. In 2026, the focus of accounting in this sector shifts to two main pillars: the correct treatment of copyright (royalties) and the legal recognition of expenses for Artificial Intelligence (AI) tools. The Magic of 40 Percent: Copyright Royalties […]
Прочети →As of February 2026, the IT sector in Bulgaria is at the epicenter of the most significant financial transformation in decades. With the adoption of the Euro and the introduction of the new „Special Scheme for Small Enterprises“ (SME Scheme), freelancers in software development, cybersecurity, and IT consulting have new tools for growth, but also […]
Прочети →Every spring, thousands of individuals in Bulgaria file their annual tax return under Art. 50 of the Personal Income Tax Act (PITA). To simplify the process, the National Revenue Agency (NRA) provides pre-filled returns in the e-Services Portal. From the beginning of March 2026, taxpayers can log into the system and review their return, which […]
Прочети →Remote work is no longer an exotic concept but a standard for thousands of professionals in Bulgaria. But while for the employee „home office“ means working in pajamas, for the business owner and the freelancer, it is an accounting maze. In 2026, with the full adoption of the Euro and the intensified digitization of the […]
Прочети →Bulgaria’s adoption of the Euro in 2026 brought with it a massive reform in tax legislation. For many entrepreneurs, the acronym „VAT“ still sounds intimidating – it is associated with more bureaucracy, monthly reports, and the risk of fines. However, the reality is more nuanced. In the new economic reality of the Eurozone, VAT registration […]
Прочети →Bulgaria’s entry into the Eurozone on January 1, 2026, transforms not only the currency in our wallets but also the way we report for our businesses. This year is critical, as all declarations, payments, and reports are now filed entirely in Euro. To ensure you stay compliant with the NRA (National Revenue Agency) and the […]
Прочети →The year 2026 marks the beginning of a new era for small businesses in Bulgaria. With the adoption of the Euro and the introduction of Directive (EU) 2020/285, the VAT registration rules we have known for decades are now history. The National Revenue Agency (NRA) is now applying the so-called „Special Scheme for Small Enterprises.“ […]
Прочети →Entering 2026 brought not only a change in the national currency but also an increased focus on financial discipline. In the first month of Euro adoption, every small business and self-employed individual must be aware that the tax campaign for 2025 income is already underway. The correct application of tax reliefs is not just a […]
Прочети →Google AdSense remains one of the most popular ways to monetize websites, blogs, and mobile applications. For many content creators in Bulgaria, it is a primary or additional source of income. However, receiving a transfer from „Google Ireland Limited“ is not simply a „gift“ – it is business income that carries specific legal obligations. The […]
Прочети →Welcome to 2026 – the year of the big change for Bulgarian business. As of January 1st, Bulgaria is officially part of the Eurozone, and for all merchants and accountants, the most challenging stage has begun: the dual circulation period. Until January 31, 2026, inclusive, both the Bulgarian Lev (BGN) and the Euro (EUR) exist […]
Прочети →Managing a dental practice is a dynamic process that combines high-level medical expertise with the responsibilities of a real business. Every dentist who decides to work independently quickly realizes that, besides caring for patients’ health, they must also handle mountains of paperwork, specific tax laws, and strict requirements from state institutions. In Bulgaria, dental services […]
Прочети →The days of manually filling out invoices, searching through folders of paper receipts, and painstakingly tracking payments should be a thing of the past. That’s why we created Invoice Smetalnik for you. Modern online platforms for digital invoicing, customer management, expenses, and revenue are not just a convenience – they are a necessity for anyone […]
Прочети →How self-insured persons can receive sick pay: insurance length, documents, and deadlines from the NSSI The professional path of a self-insured person – be it a craftsman, a freelancer, or a partner in a commercial company – is marked by independence, but also by the need for self-management of all aspects of their activity, including […]
Прочети →Bulgaria’s vibrant tech sector and attractive tax regime have made it a favored destination for IT freelancers working with clients worldwide. However, those who succeed the most are not just tech-savvy – they are also adept at managing international invoicing, staying compliant with local and EU rules, and handling taxation specifics. This guide will walk […]
Прочети →More and more Bulgarian influencers are earning an income through global platforms like YouTube, TikTok, Instagram, and Patreon. This opens doors to a wider audience and new opportunities for profit, but it also brings specific tax and social security requirements. First and foremost, the most important question you need to ask yourself is what legal […]
Прочети →How the Changes to Regulation N-18 (2025) Affect Online Stores and How to Prepare Regulation No. N-18 of 2006 on the registration and reporting of sales is one of the key regulatory instruments that shapes and controls commercial activity in Bulgaria. Over the years, it has undergone numerous amendments to adapt to a dynamically developing […]
Прочети →The annual tax declaration is a mandatory document for all individuals who receive income outside of employment or have other tax obligations. It serves as a reporting tool to the National Revenue Agency (NRA) and is a primary instrument for calculating and paying taxes. Although many people believe that filing is only required for self-employed […]
Прочети →In recent years, the term “electronic invoice” has started to appear more and more often. For some, it sounds like yet another complicated change coming from Europe, and for others, it looks like an opportunity to save time and money. The truth is that electronic invoicing is already part of daily business for many companies, […]
Прочети →Bulgaria presents a promising landscape for beauty freelancers due to its flourishing industry and advantageous tax policies. To legally operate as a freelancer in this sector, encompassing services such as hairdressing, makeup artistry, nail services, and esthetics, adherence to specific registration, tax, and legal prerequisites is essential. This comprehensive guide elucidates the necessary steps for […]
Прочети →The adoption of the euro as Bulgaria’s official currency represents one of the most significant transitions for the economy and the financial sector in decades. For accountants and financial professionals, this is not only an administrative shift but also a new stage in practice, requiring the precise revaluation of balances, assets, liabilities, reserves, and all […]
Прочети →As an artist or designer in Bulgaria, understanding which expenses you can deduct is essential for effective financial management and minimizing your tax burden. Whether you’re a painter, graphic designer, photographer, or digital creator, knowing the tax deduction rules specific to creative professionals can have a significant impact on your financial outcomes. This comprehensive guide […]
Прочети →The Bulgarian beauty industry is thriving, with many professionals opting for freelance work or establishing their own salons. For hairstylists, makeup artists, nail technicians, estheticians, massage therapists, and salon owners alike, understanding Value Added Tax (VAT) obligations is critical for legal compliance and business success. Bulgaria’s VAT system, aligned with EU directives but with specific […]
Прочети →Bulgaria’s tech sector continues to grow rapidly, offering expanding opportunities for software developers to work independently or establish their own businesses. For IT professionals, the decision between operating as a freelancer (self-employed individual) or setting up a single-owner limited liability company (LTD / EOOD) carries significant implications for taxation, legal liability, and business growth. This […]
Прочети →On January 1, 2026, Bulgaria will officially adopt the euro as its national currency. This historic event introduces a new framework not only for consumers and commerce but also for the overall accounting, contractual, and legal environment. The change will be significant for all legal entities and individuals engaged in economic activity – including companies, […]
Прочети →Bulgaria’s flourishing beauty sector presents professionals with a pivotal choice: freelancing or salon ownership. While both paths offer opportunities in areas like hairstyling, nail care, and makeup artistry, they differ significantly. This article offers a detailed comparison of freelancing and salon ownership in Bulgaria, examining legal frameworks, taxation, costs, and lifestyle implications to aid informed […]
Прочети →Introduction Artists and creative professionals in Bulgaria often focus on their craft, but as their business grows, tax obligations become increasingly important. One of the key responsibilities is understanding when VAT registration is required. This article explains the rules, thresholds, and practical steps for VAT registration in Bulgaria as of 2025, using clear examples and […]
Прочети →Legal Framework for Consultants in Bulgaria Freelancer Status Most consultants in Bulgaria choose freelancer status (свободна професия), which offers simplified administrative procedures and low registration costs. Under this status, consultants pay 10% personal income tax on net profit and mandatory health and pension contributions. This option is particularly suitable for consultants starting their practice or […]
Прочети →As an artist in Bulgaria—whether you’re painting, designing, composing music, or creating digital content—you face a critical decision: should you register as a freelancer or form a company, such as a limited liability company (LLC)? This choice affects your taxes, legal responsibilities, and ability to grow your creative career. Bulgaria’s vibrant creative sector offers opportunities for artists, but navigating the business landscape requires understanding the pros and cons of each setup. In this guide, we’ll break down the differences, advantages, and considerations for both setups to help you make the right choice for your creative career. We’ll also cover examples from the local market and provide practical guidance to help you align your decision with your goals.
Прочети →Learn when and how to register for VAT as a fitness trainer or wellness professional. Discover the threshold, the process, the advantages and risks of voluntary registration, and how to invoice your clients correctly.
Прочети →Starting as a Self-Employed Consultant in Bulgaria, learn the registration, tax, and legal requirements for consultants working independently.
Прочети →Freelancing in Bulgaria is booming, offering freedom and competitive income. But what taxes apply? When is VAT registration required? This 2025 guide covers legal structures, deductible expenses, and tax optimization strategies for IT freelancers.
Прочети →A complete, step-by-step guide for artists, illustrators, musicians, and creative professionals who want to register as self-employed or open a company in Bulgaria. Learn how to choose the right legal form, meet tax and social security obligations, and work fully legally while protecting your artistic income.
Прочети →Thinking about monetizing your content in Bulgaria? This guide explains how to legally register as an influencer or content creator, whether as a freelancer or company. Learn the legal steps, required documents, and tax obligations — including VAT and foreign income reporting — to stay compliant and grow your online business the right way.
Прочети →Value Added Tax (VAT) is a primary indirect tax in Bulgaria, which is applied at various stages of the production and trade of goods and services. To prevent tax fraud and facilitate business operations, the reverse VAT charging mechanism was introduced. This mechanism alters the traditional way of VAT calculation by transferring the responsibility from the supplier to the recipient of the goods or services.
Прочети →Did You Know Your Business May Be Exempt from Charging VAT in Certain Cases? Discover when VAT exemption applies, which transactions are VAT-free, and how this can enhance your company’s financial management.
Прочети →Gambling winnings in Bulgaria are subject to a different tax regime depending on whether they are won by licensed or unlicensed operators, and only the latter are taxable and reportable. Failure to comply with tax requirements can result in fines, interest and inspections by the National Revenue Agency (NAP), so it is important that players […]
Прочети →Wondering what VAT is? Value added tax (VAT) is a key element of the tax system in Bulgaria and the European Union. Understanding its nature and the requirements for registration under the VAT Act (VAT Act) is essential for anyone carrying out independent economic activity. What is Taxation? Taxation is the process of imposing taxes […]
Прочети →Investing in stocks can be profitable, but it also comes with tax obligations that should not be overlooked. In Bulgaria, the taxation process for income from stock trading depends on whether the transactions are conducted on a regulated or unregulated market, as well as the source of income – capital gains, dividends, or interest. Understanding […]
Прочети →Renting an apartment through Airbnb or Booking brings extra income, but it also has tax implications. In this article, we'll look at how to register your business, tax the income and avoid common mistakes.
Прочети →From 1 June 2026, paper employment records will become history, replaced by an electronic register that stores all information on length of service. In this article, you will learn what the new requirements are for employers, how employment documents will be formatted, and what content the electronic records will include.
Прочети →In this article, we tell you about the annual closing process, the submission of declarations to the National Revenue Agency (NAP) and other institutions, as well as the need to check compliance with the requirements of the Accounting Act.
Прочети →What is an annual closure? In practice, the annual closure is the point at which you sort out all your income, expenditures, and financial liabilities for the past year and file your annual tax return with the National Revenue Agency (NAP). This process is not just a formality—it helps you make sense of your financial […]
Прочети →Profession photographer? If you’re wondering what form to choose for your business, then it’s important to know that the choice between freelancing and registering a company depends on the scale of your business, your expected revenue and how you plan to work with clients. Freelancing Freelancing is a popular choice among photographers starting their practice […]
Прочети →Working as a freelancer in an international context requires not only creative and professional skills, but also a good knowledge of administrative and tax requirements. One of the key elements every professional needs to understand is what the A1 certificate is and how social security and VAT obligations are calculated when working in Bulgaria and abroad.
Прочети →Accounting for psychologists and psychotherapists in Bulgaria requires a specific approach that combines the need for financial accountability with the dynamics of working as mental health professionals.
Прочети →Choosing between working as a freelancer and registering a business is a crucial decision for any manicurist starting their own venture. Understanding the advantages and disadvantages of both options can help you determine the best path for your professional growth.
Прочети →What are the key aspects of submitting an annual tax return? What are the consequences of a delay? What are the deadlines, submission methods, and how can you avoid fines and penalties if you fail to submit your return on time? Find out all this in the following article.
Прочети →Cash on delivery is one of the most popular payment methods for online purchases in Bulgaria. Often used by freelancers and small businesses, this method allows the buyer to pay upon receipt of the goods. Although convenient for consumers, it is important to understand how to properly declare and account for cash on delivery income. […]
Прочети →Royalties are an important source of income for many artists. Their taxation can be complex, especially when they are mixed in nature and involve both payment for labour and for granting rights to use the work. To understand how to properly manage your income, we will look at the different types of royalties.
Прочети →Artists are often faced with complex insurance and tax issues that make managing their finances challenging. This article will look at the key aspects of tax and insurance for artists to help them more easily navigate these important obligations.
Прочети →Microblading is becoming one of the most sought-after services in the beauty industry, with more and more people choosing this procedure to enhance their appearance. Although the profession appears creative and dynamic, it requires serious accounting management. Without proper accounting registration and compliance with tax and social security requirements, microblading specialists risk facing legal and […]
Прочети →Bulgaria is becoming an increasingly attractive destination for foreigners who want to start freelancing or register their own companies. This article explores the main legal requirements, visa procedures, and tax incentives that facilitate the process for foreign freelancers and entrepreneurs.
Прочети →More and more freelancers in the digital age are turning to platforms like Google AdSense to generate online income. In this article, we will explore the steps for properly accounting for AdSense revenue to ensure your financial activities remain well-organized and compliant with tax regulations.
Прочети →The patent tax is often preferred by small businesses and freelancers because of its simpler calculation and application rules. In this article, we will look at how the patent tax is calculated, which activities fall under this regime and what its key benefits are.
Прочети →Find detailed information on using Revolut as a business account and the related regulatory requirements in Bulgaria. This article explores the data Revolut collects and shares with the National Revenue Agency (NRA) and how it affects freelancers and self-employed professionals.
Прочети →Find out everything you need to know about legal requirements and the use of cash registers for freelancers. From differentiating between professions that require a cash register to tips on choosing the right device, you'll get helpful guidance for successful record-keeping and legal compliance.
Прочети →In this article, we will examine how Bulgarian legislation treats YouTube earnings and the tax and legal aspects to consider, as well as provide valuable tips for optimal management of these earnings.
Прочети →In recent years, the influencer profession has gained immense popularity. With the rise of social media platforms like Instagram, Facebook, and TikTok, influencers have become key figures capable of shaping the behavior and preferences of thousands, even millions, of followers.
Прочети →Starting your own business is exciting, but it can also be challenging. We understand how important it is for you to make the right choice between freelancing and establishing an EOOD (Sole-Owned Limited Liability Company). This decision can significantly impact the future of your business.
Прочети →