Banks start lending non-interest-bearing loans to individuals
The Bulgarian Development Bank has signed agreements with the first four credit institutions to begin work on the Interest-Free Credit Guarantee Progr...
read more1. Release of employees on leave: first if the employee has paid leave, after the paid leave is finish unpaid.
2. Termination of employment contracts. The options are mutual consent, reason art.325, due to reduced workload, redundancies and objective impossibility art.328, p.1, p.3, p.12 of the Labor Code.
3. Participation in the 60/40 government program.
3.1.Companies with activities that are prohibited during the state of emergency - restaurants, hotels, shopping malls, coffee shop, gyms, pastry shops
3.2. Companies that, for objective reasons, discontinue part or all of the activity. It is mandatory to have a 20% reduction in revenue compared to March 2019 - March 2020
Required documents: order for termination of employment, application for application, list of data of the employees for which they are applying. For companies with a 20% reduction in revenue, an additional statement of proof of the decline
The Bulgarian Development Bank has signed agreements with the first four credit institutions to begin work on the Interest-Free Credit Guarantee Progr...
read morerant scheme "Supporting micro and small enterprises to address the economic impact of the COVID-19 pandemic" Preliminary information ...
read moreThe application deadline for the 60/40 scheme is no longer available in connection with the changes made to the Law on Measures and Actions during th...
read moreChanged terms of validity of personal documents the deadline for submitting the annual activity report (AAR), as well as for declaring and submitting...
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