Financial Due Diligence Before Buying a Bulgarian Company: What Buyers Should Check
Introduction: Buying a Company Requires More Than Checking Its Price Buying an existing company can be an attractive alternative to establishing a new business from scratch. An existing Bulgarian company may already have a trading history, contracts, employees, assets, licenses, customers, or established relationships with suppliers. For a foreign investor, acquiring an existing business can […]
Business Expansion in 2026: When Is the Right Time to Establish a Second Company?
Introduction: Growth Creates New Opportunities Every successful business reaches a point where growth creates new challenges. As revenues increase, new services are introduced, or additional markets are explored, business owners often begin asking an important question: Should I establish a second company? In 2026, with Bulgaria operating within the eurozone and attracting increasing international investment, […]
Adapting Your Business After Euro Adoption in Bulgaria: Key Accounting Systems and Financial Considerations
Introduction: The First Months After Euro Adoption With Bulgaria officially adopting the euro on January 1, 2026, businesses across the country are now entering a new operational reality. While the transition period was carefully planned, the first months after adoption are critical for companies to stabilize their processes, ensure compliance, and optimize their financial management. […]
The Impact of Digital Transformation: Digital Accounting and Business Management in 2026
Introduction: A New Era for Accounting The business environment in 2026 is evolving faster than ever before. Technological innovation, digital tools, and automated systems are transforming how companies manage their finances, comply with regulations, and make strategic decisions. Accounting, once considered a purely administrative function, has become a central pillar of modern business management. For […]
Accounting in Bulgaria – The post-euro environment: What Businesses Must Know in 2026
The adoption of the euro on 1 January 2026 marks a historic turning point for Bulgaria. Beyond the symbolic shift, the transition represents a deep structural change affecting accounting practices, financial reporting, pricing policies, taxation, payroll, and long-term business planning. For companies operating in Bulgaria—local or foreign-owned—the post-euro environment requires not just compliance, but strategic […]
Bulgaria Has Been Approved to Adopt the Euro Effective 1 January 2026
Pros and Cons for Businesses and Individuals Bulgaria’s long-anticipated transition to the euro has officially been approved, with the country set to adopt the common European currency on 1 January 2026. This marks one of the most significant economic developments in Bulgaria’s modern history and will impact businesses, foreign investors, and citizens alike. While the […]
Accounting Trends to Watch in 2026
The world of accounting is changing faster than ever. As businesses embrace digital transformation, accountants are moving beyond traditional bookkeeping and reporting roles to become strategic partners in decision-making. By 2026, new technologies, regulatory changes, and global shifts will redefine how companies manage their finances. Here’s an overview of the top accounting trends for 2026 […]
Selling a Company in Bulgaria: Legal and Accounting Considerations
Selling a company is one of the most significant business decisions an owner can make. Whether you’re retiring, restructuring, or pursuing new ventures, the process involves a combination of legal, financial, and accounting steps that must be carefully followed. In Bulgaria, company sales are regulated by both the Commercial Act and Tax legislation, requiring detailed […]
Annual Financial Reports in Bulgaria: Deadlines & Requirements
Filing annual financial reports is a legal obligation for all companies registered in Bulgaria. Whether you run a small limited liability company or a large corporation, understanding the requirements and deadlines is essential to avoid fines and ensure compliance with Bulgarian law. This guide provides a clear step-by-step breakdown of what businesses must submit, when, […]
The Role of the General Manager in Bulgarian Companies
When establishing a company in Bulgaria, one of the most important decisions is appointing a General Manager (GM). This position is not only legally required but also central to the smooth operation of the business. For foreign-owned companies in particular, having a trusted GM ensures compliance with Bulgarian law and effective day-to-day management. Legal Responsibilities […]
