Tue, Feb 09 2010

BULSTAT widens reach

Mon, Aug 22 2005 02:00 CET 259 Views

NEW categories of persons and entities required to obtain a BULSTAT registration, a tracking designation sponsored by the National Statistical Institute (NSI) for those with business interests in the country, were added on August 11. 
Justice Minister Anton Stankov, NSI chief Alexander Hadjiiski and Registry Agency officials discussed at a press conference the changes from the new BULSTAT Register Act which went into effect on that date.
The new categories cover foreign groups and foreign businesses operating in Bulgaria, as well as foreign legal entities whose head offices are located or own real estate in the country and are not registered in Bulgaria by other means.
Foreign individuals are required to have BULSTAT registrations if they do not have a personal identification number provided by Bulgarian civil registers and who conduct business or provide independent personal services in the country. They are also required to register with a BULSTAT number if they do not have a personal identification number and own real estate in the country, or if they work as insurers and do not have a number.
The new act also requires BULSTAT registration for Bulgarian individuals practising "liberalised professions", such as lawyers, notaries or chartered accountants.
The Act prescribes fines for those who fail to register with BULSTAT in due time.
Until the end of September, registration will still be carried out at NSI's local offices. Later, it will be carried out at the Registry Agency. Registration fees will remain 15 leva.
As of February 2006, BULSTAT registration will also be valid for tax registrations, replacing existing tax registration numbers. 
The new BULSTAT card with a unified identification number will replace the tax registration number, the social security number and the customs registration number, according to Stankov.
Those that have not registered with BULSTAT have until November 11 to do so, Registry head Svetlozar Tonev said. Existing BULSTAT registrations will be maintained as none of them are limited by any set terms.
Those employed under a labour contract and have a second job only have to declare their incomes at the end of the year but are not obliged to have a BULSTAT registration.

Write comment

Name:Comment:

Generate new code
Send your comment

By posting a comment, you are deemed to have read and agreed to our
Acceptable Use Policy.

More in this category

Global Toyota Prius recall affects Bulgaria

Toyota made a global statement announced that around 436 000 vehicles worldwide are to be recalled for inspection and upgrade, including the latest Prius model which is sold in 60 countries, Bulgaria included

Construction of Sofia's Serdika Center mall to resume

Builders have met all municipal requirements and will also pay to renovate parks.

Business person of the year contest launched

Non-Bulgarians can also be nominated as long as the company they own or work for has a minimum of five per cent Bulgarian capital.

Christmas shopping fails to cheer up Bulgaria retail sales

The Christmas shopping season has not driven up retail sales in Bulgaria, according to the latest data of Eurostat, the EU’s statistical office.

Just a blip

The global financial crisis has slowed down globalisation, but only temporarily, one study says

Appointments

Fisheries and Aquaculture

Fisheries and Aquaculture

Yavor Nedev has been appointed head of the state National Agency of Fisheries and Aquaculture. He replaces Yordan Staikov who join the team of advisers of Agriculture Minister Miroslav Naidenov. In 2009, Nedev was appointed by Naidenov as director of the recently-founded state Fishery Resources company, which is to manage fishing ports and operate with EU funds. He has been vice president of the Bulgarian - Swiss Chambers of Commerce as well as president of Cherno More football club in Varna. Nedev has also worked as a political scientist and university professor.