Business Formations in Bulgaria I part

Possible business formations is a matter regulated under Bulgarian Commercial Act. There are situated the rules with regards of incorporation, management, relation between shareholders and managers, insolvency, bankruptcy, liability and so on.

Issues not addressed in the Commercial Act are redirected to the general civil legislation of the Republic of Bulgaria.

Starting a business in [...]

VAT deduction even when the issuer of the invoice is in violation

Such a conclusion reached by the Court of the EU in Case C-324/11 (Gabor Toth / Nemzeti Ado-es Vamhivatal), which considers the situation in which the issuer of the invoice has been terminated for VAT, in addition to it was found that had not declared to the tax authorities persons employed by him.

EU [...]