About 30,000 to 50,000 companies are registered annually in Bulgaria. 90% of them fail and are not operational. Changes to the Commerce Act, which simplify the procedure for closing "dormant companies", have been published for public discussion. The aim is to ease the closure of thousands of companies that have never had a business, employed no staff and are not registered under VAT. Now the procedure takes from 1 to over 5 years.
The changes envisage that the process would take a one-stop visit to the Registration Agency. The applicant will declare that they have no activity in the past 12 months, have not hired staff during this period, have no VAT registration, and have no debts to the state, municipalities or to the revenue agency.
Four of the people injured in the fire that broke out at a nightclub in the Macedonian city of Kočani will be discharged today from the Pirogov Emergency Hospital, announced Prof. Maya Argirova, head of the hospital’s Department of Burns and Plastic..
The Ministry of Justice has published for public discussion a package of legislative changes against delay in serious road accident cases. These measures are the result of a commitment made by Minister of Justice Georgi Georgiev to parents..
For the first time, Bulgaria is presenting a national pavillion at the prestigious furniture and interior design exhibition Salone del Mobile 2025 , which takes place from 8 to 13 April in Milan, Italy. Eight Bulgarian companies will..
Drivers travelling today and in the coming days should prepare their vehicles for winter conditions , the Road Infrastructure Agency has urged. The..
The Ministry of the Interior has submitted 13,000 reports about poor road conditions in 2024 . This was revealed in an interview with Nova TV by Chief..
The large-scale inspection, carried out by the competent police structures of the National Police Directorate and the regional directorates of the..
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