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September 2010
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Archive for the ‘Business Law’ Category

Аpostille legalisation

Thursday, June 24th, 2010

TranslatorThe legalisation of documents is a type of authentication and authenticity of the document, make necessary documents issued abroad, or there is needed in almost all cases. The legalization process is related certifications in various public or private bodies.
Documents from Abroad
All official documents coming from abroad, according to Bulgarian law, subject to legalization and / or certify (approve) the accuracy of their work translated. For this purpose several years ago, Bulgaria ratified the Convention on the Elimination legalization for foreign public documents concluded on 5 October in The Hague, known as the Hague Convention. Under this convention all the documents coming from countries ratified the Convention must be equipped with so-called apostille, stamp affixed by the authorized authorities for this in the country. There is also another procedure for legalization of documents with certain countries under the so-called contracts for legal aid. These are legal documents, contracts concluded between Bulgaria and other countries (eg the former camp sots.). In some cases it may be easier to use the existence of a treaty with some countries to facilitate the legalization of certain documents. However, there is the possibility of failure by the MFA to make legalization coming from some of these countries because of specific conditions set out in the contract or because of changing international relations. The apostille legalisation is important for the utilization of the documents and giving them unambiguous worldwide.
Documents for use abroad
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Company Registration in USA

Friday, June 18th, 2010

officeIn terms of financial development curve of the small and medium business is crucial and sets responsible for the economy. Mainly in countries like the U.S., where Anglo-Saxon legal system and economy is based on the huge private sector need quick and easy registration of companies and patents. The company formation in USA is created to be maximum ease. Different states have different procedures, but in Colorado for example, takes 5 minutes and costs $ 50 for LLC or LTD. Registration is through the internet form and can be paid with VISA credit card. EIN also be taken online from the website of the IRS. Interestingly, in this case is that quite easy to obtain a company in the U.S., even if not residing in the U.S.. For foreigners this is an ideal opportunity to discover a new office or subsidiary companies in America and start their geographical expansion. There are thousands of companies offering company formation services, but you can do it even with yourself.
To get approved application for registration need to follow easy steps and like to have a U.S. address. You do not need to own registered office. In the Internet you can find dozens of ads for Virtual Office to forward mail to your given address abroad. Exact address of this virtual office needs to indicate in his application for registration of a company. Through these offices can obtain and bank account, credit cards and find a business in the country of unlimited possibilities.
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The procedures for European subsidies can be simplified

Thursday, April 1st, 2010

European subsidiesOn 21 April the European Parliament will decide whether a vote to simplify procedures for granting European subsidies. Indeed, the idea of simplifying the procedures are set out in his report, among them a proposal and spending from 2007 to deferred benefit in the coming years. “Not only for Bulgaria, for many of the member states in 2007 was year where very few vehicles were acquired. Create a situation – the Member States not to lose these funds are requested for 2007, but rather spend rescheduled in the coming years with one-sixth of the amount that had to be, for example, absorbed in 2007. So this rule, people who work with projects you know, in this case, mining is one exception. In all cases, these funds will be lost but will be transferred to subsequent years of seven-year period”, said Kirilov.
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VAT refund

Friday, March 12th, 2010

Business VAT RefundWho is entitled to recover VAT, which is paid abroad? What business do I have?
Most companies that have VAT registration can take advantage of this service. Of course refund rules are different in each country, so we recommend you contact us to discuss your particular case.
What costs abroad must have my company to recover VAT?
Hotel
Transportation
Exhibitions, conferences, seminars, training
Professional Services
Parking
Telecommunications
Rental vehicles
Fuel
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