Self-insured persons

The obligation of self-insured persons to provide insurance arises from the day of commencement or resumption of employment and continues until its interruption or termination. When starting, interrupting, resuming or terminating any work activity, the self-insured person submits a declaration according to a form approved by the executive director of the NRA to the competent territorial directorate of the NRA, within 7 days...

What we mean by "E-Commerce"

author: Denitsa Dimitrova Trade is a process of exchange of goods and money between a seller and a buyer. This exchange can take place directly or indirectly. E-commerce originated 40 years ago. From day to day, it is growing at maximum speed in the space with new companies, newer technologies and innovations, easy and convenient shopping. …

Disadvantages of e-commerce

author: Denitsa Dimitrova Like everything, e-commerce has its drawbacks. Here are the main ones: Inability to physically touch the product - unfortunately, this remains one of the biggest problems of e-commerce. Customers do not have the opportunity to touch the products they want, which in turn leads to a number of problems. When you can't…

Advantages of e-commerce

author: Denitsa Dimitrova Nowadays people are more and more interested in e-commerce. Their daily lives are so hectic and dynamic that they prefer to shop online for 30 minutes rather than visit physical stores for two hours. Here are some of the main advantages of shopping online: What we mean by "E-commerce" a smaller initial investment - this ...

Forms of online trade

author: Denitsa Dimitrova The first form of electronic commerce is defined by the direct relationship between the seller and the buyer. The seller familiarizes the buyer with the good or service so that it can be sold. The second form of electronic commerce is indirect communication. That is, lack of direct contact and communication through an intermediary (phone, Internet, etc.) What ...

Protection of intellectual property - trademark, patent, copyright

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property. Also, different countries recognize different species. Intellectual property includes patents, copyrights, trademarks and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term...

Company registration - necessary licenses and permits

When you register your business in the Commercial Register, you will receive a BULSTAT number. In principle, you can enter as a subject of activity any type of activity permitted by law. And the company will be registered with this activity. However, this does not automatically mean that you can exercise it. Many activities require additional permits and licenses. The license is usually issued...

Easy steps to register companies - EOOD and OOD

You have a business idea and it's time to register your company. Usually, the owners turn to an accounting firm or a lawyer for this service, but the procedure is not that complicated. First of all, you should be aware of what type of company you will register: ET, EOOD or OOD. There is, of course...

Easy steps for company registration - ET, SD and KD

You have a business idea and it's time to register your company. Usually, the owners turn to an accounting firm or a lawyer for this service, but the procedure is not that complicated. First of all, you should be aware of what type of company you will register: ET, EOOD or OOD. There is, of course...

New Business Financing - Part 2

If you are entering the wilds of entrepreneurship for the first time and starting your own business, finances are an essential part of your business plan. If you have the necessary savings, you have solved a large part of the problem. In several articles in a row, we will look at the basic steps that will help you navigate and make the right decision for you. Continued FINANCIAL …