@bricks
German looking for information about Bulgaria
Forum
8 posts
About me
German
Registration: 02 April 2021
Activity
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
Registration yes (if I am about the free income amount, what I am), but I mean the monthly declaration will be very simple I guess. Thats at least what I hope for. I am just trying to figure out the most simple way to do the paper work. The EOOD ... Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
Thank you Vasilev. I expected that amount and this doesn't sound like a great option for me then. I rather use the freelancer model than and just declare my monthly income and pay social contribution accordingly. Since I will do business ... Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
Thank you. I assume the administrative monthly workload is a lot higher on an EOOD than as a freelancer, right? How much would an accountant for an EOOD with around 50 monthly invoices be? Is it possible to say that roughly? Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
Thank you Vasilev. Personal liability isn't an issue for me, as in my field of expertise (online marketing) this doesn't matter. I also don't have a lot of expenses, that's why 25% rate of deduction isn't a bad deal either. ... Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
I cant edit my post but I forgot something. There are additional 5% (after tax and social contributions) on the profit for dividends? Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
You’ve made some mistakes. 25% fixed deduction, what do you mean ? Maybe VAT, but it is 20%, and sometimes you pay, sometimes not You forgot dividends - 5% About Social contribution 27,8 - it’s not correct too. I recommend you to ... Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
I usually advise all my clients to establish an EOOD instead of being freelancers. Being an owner of EOOD you will have plenty of possibilities for expences, even more than these 25%. But the next issues with the social contributions and the ... Read More
Social contributions EOOD manager/shareholder by Kai1311
Hi, I am a shareholder of a business in Germany (e-commerce) and want to relocate to Sofia in the next months. I read a lot about the formation of an EOOD in Bulgaria but some things still puzzle me when it comes to salary and social contributions. ...
Some great insights here. I am in a similar situation and maybe you can help me clarify which business would be the best choice for me. As a self-employed web designer I am not having any employees and I am not planing to change that. I work ... Read More