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 Starting a small business BG

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Bigneacy
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PostSubject: Starting a small business BG   Sat Mar 30, 2013 2:28 pm

First topic message reminder :

Hi there,

So I am looking for some information about starting a small business in bulgaria - correct me if i'm wrong on the following;


  • I have to start an OOD company and register as a business with the local government and the central tax office?[/*Ⓜ28euea4x]
  • I need to have audited accounts submitted monthly, and pay tax accordingly on a monthly basis? I need any qualified accountant for this?[/*Ⓜ28euea4x]
  • I have to buy a government approved cash register (how much? &
    where to buy?)[/*Ⓜ28euea4x]
  • I need to register any employees as so and pay them, their tax and their health insurance?[/*Ⓜ28euea4x]


Also - can anyone answer me the following- Do i need to have a fixed phone line &
broadband connection in place in order to send information for the cash register?

Do i need to have staff and public liability insurance? i.e. i know its a good idea, but is it compulsary?

Is having employee's not registered and simply working as consultants kosher?
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Bigneacy
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 12:12 pm

Does anyone know how much I should expect to be paying an accountant in Bulgaria, monthly? Trying to figure out if I would be better off employing a general manager who can both run my business interests on a daily basis in Bulgaria, as well as doing my accounting work and filing accounts for tax monthly, as per the regulations...

Actually would that even be allowed, would it have to be a bona fide practicing accountant with an accountancy firm? ::

p.s. thanks very much for all the info so far- its greatly appreciated!
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beautifulangel
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 12:19 pm

we pay our accountant 90lev per month. however this was a much negotiated price as he started off saying pay me how much u think im worth. as he's never in when he's supposed to be and we have to chase him to get any work done, i offered 50p [You must be registered and logged in to see this image.]

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Equinus
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 12:32 pm

I would also like to thank everyone for taking the time to share what they know.

Unfortunately the cost of running a small business will be far too high for me. I don't want to work for enough hours to pay the overheads, I would rather concentrate on the garden. Shame really, it does not encourage the very small business, we only wanted something other than gardening to do, and have a house which will be mostly empty so just wanted to earn enough to pay a bit towards upkeep, though not strictly necessary.

Ah well. something else will turn up....making my own cheese and butter, thinking of ways to use up eggs...........................

Mr Eq wants to write a bit too.

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Bigneacy
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 12:34 pm

Not to worry, you can make your fortune on the literary career and line of award winning cheeses!! [You must be registered and logged in to see this image.]
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 12:46 pm

[You must be registered and logged in to see this link.] wrote:
Not to worry, you can make your fortune on the literary career and line of award winning cheeses!! [You must be registered and logged in to see this image.]



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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 5:46 pm

Mrs EQ's Banana cake is award winning for sure, maybe we should have moved to the Caribbean!!!!!lol
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Mr Eq

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Bigneacy
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 8:01 pm

Oh no... Don't tell me that. I'll have to stop by for a sample now, after the house is finished sometime in the next 3 years!!
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justbazz1
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 8:29 pm

Mmmmmmmmmmm..banana cake! Have not had a bite of one since my darling Mum passed away in 1993..what's your address again?
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PostSubject: Re: Starting a small business BG   Wed Apr 03, 2013 11:12 pm

[You must be registered and logged in to see this link.] wrote:
Mrs EQ's Banana cake is award winning for sure, maybe we should have moved to the Caribbean!!!!!lol
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Mr Eq

I've got some bananas and I will bring them around, get the gas on!!

c
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PostSubject: Re: Starting a small business BG   Thu Apr 04, 2013 12:46 am

[You must be registered and logged in to see this link.] wrote:
Mrs EQ's Banana cake is award winning for sure, maybe we should have moved to the Caribbean!!!!!lol
[You must be registered and logged in to see this image.]

Mr Eq
Well I suppose with the thread being titled 'Starting a small business' maybe Mrs EQ and Bigneasy can hook up and go into the Banana cake production industry, or at least give him a franchise.

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PostSubject: Re: Starting a small business BG   Thu Apr 04, 2013 4:40 am

Mrs Eq's made for my Valentine's Day present a chocolate and beetroot cake which was drizzled with a dark ad white chocolate ganesh a close second to the banana cake and was absolutely to die for!!!!. MMMMMMMMMmmmmmmmmmmmmmm

Mr Eq

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PostSubject: Re: Starting a small business BG   Thu Apr 04, 2013 10:56 am

Chocolate??? And BEETROOT??? reminds me of Peter Kay's cheesecake &
garlic bread skit!
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PostSubject: Re: Starting a small business BG   Thu Apr 04, 2013 12:05 pm

Sounds odd, but it doesn't taste of beetroot, the beetroot enhances the chocolate flavour, prefect for all you chocoholics.

Mr Eq

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PostSubject: Re: Starting a small business BG   Thu Apr 04, 2013 12:32 pm

[You must be registered and logged in to see this link.] wrote:
Sounds odd, but it doesn't taste of beetroot, the beetroot enhances the chocolate flavour, prefect for all you chocoholics.

Mr Eq


Oi....you're not supposed to do private emails from work.....you'll get the sack!

He's right though, and very moist and lovely it was!

Now then you lot, back to topic!

Mrs Eq

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PostSubject: Re: Starting a small business BG   Thu Apr 04, 2013 5:42 pm

Quite right Mrs Eq..back on topic, when can we expect to see a specialist cake shop? One with all the needed licenses, permits, cash register etc etc!
May I volunteer to be the quality control engineer..the one who tastes every cake before being offered for sale?
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