Popov & Partners participated in a webinar on “Bulgaria: opportunities for Tax Planning in cooperation with Ukrainian IT business”
Popov & Partners gave a presentation on “Bulgaria: opportunities for Tax Planning in cooperation with Ukrainian IT business” in a webinar in direct connection with business organizations in Ukraine. The webinar was organized on invitation of OMP Law offices and the Association of Tax Consultants of Ukraine, thanks to the assistance of Bulgarian School of Politics “Dimitry Panitza” and the established contact between its alumni – att. Emiliyan Arnaudov and Robert Korolskiy.
In the first part of the presentation att. Eleonora Sergieva highlighted the main advantages enjoyed by taxable persons in the country. The tax system in Bulgaria was presented – type of taxes, object of taxation and tax rates, tax registration procedures, avoidance of double taxation, and allocation of social security burden.
Within the second part of the presentation att. Angel Buzalov presented various legal and organizational forms for structuring of a business in the country – their advantages, characteristics of different business activities, administrative procedures and fees, etc.
The investment incentives offered by Bulgaria to the potential investors were presented too.
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