Bulgaria

On 1 October 2026, the Bulgarian Industrial Capital Association (BICA) issued an official position regarding draft legislative amendments in the field of tax and accounting legislation published by the Ministry of Finance. The proposals aim to transpose recent EU directives and modernize domestic tax administration, including changes to VAT compliance, corporate income tax reporting, and

On 30 September 2026, the Bulgarian National Assembly published the Law Amending the Excise Duties and Tax Warehouses Act in the State Gazette (Issue 90, extraordinary edition). This legislative update introduces critical modifications to the regulatory framework governing excise taxation on alcohol, tobacco, energy products, and other excisable goods, as well as the operational rules

On 30 September 2026, the Ministry of Finance published an ordinance amending Ordinance No. N-13 of 2019, which governs the content, deadlines, manner, and procedure for submission and storage of data by employers, insurers for insured persons, and self-insured individuals. Published in State Gazette Issue 90 (extraordinary), this regulatory update modernizes the monthly social security

On 30 September 2026, the Bulgarian National Revenue Agency (NRA) issued a warning about enhanced scrutiny of Turkish companies operating in Bulgaria due to identified corruption risks. The announcement signals a tightening of tax compliance enforcement targeting foreign-owned entities, particularly those from jurisdictions with elevated corruption perceptions. The NRA indicated that the checks will focus

On 18 September 2026, the Association of Industrial Capital in Bulgaria (AICB) presented its comprehensive recommendations for the 2027 state budget, emphasizing tax policy measures to enhance competitiveness and fiscal sustainability. The proposals include lowering the corporate income tax rate for reinvested profits, expanding R&D tax credits, introducing accelerated depreciation for green technology investments, and

On 14 September 2026, the AICB issued a formal position ahead of an extraordinary session of the National Council for Tripartite Cooperation (NSTS) convened by the Council of Ministers. The session addressed pressing tax and labor policy issues, including the proposed increase in social security contributions, adjustments to the minimum wage formula, and the introduction