By World Bank
8th in a sequence of annual reviews evaluating enterprise rules in 183 economies, Doing company 2011 measures rules affecting 10 components of daily enterprise task: beginning a company, facing building allows, applying staff, registering estate, getting credits, keeping traders, paying taxes, buying and selling throughout borders, imposing contracts, and final a company. The document updates all 10 units of signs, ranks international locations on their total ease of doing company and analyzes reforms to enterprise law- making a choice on which international locations are bettering strengthening their company atmosphere the main and which of them slipped. Doing company 2011 contains effects at the ongoing study within the region of "getting electrical energy" and illustrates how reforms in company rules can translate into higher results for household marketers and the broader economic system. It additionally specializes in how girls in specific are suffering from advanced company rules.
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Extra resources for Doing Business 2011: Making a Difference for Entrepreneurs - Bulgaria 58383
This may entail disciplinary proceedings against the respective notary public. This amendment also ensures that the notaries public have access to the National Database "Population" and to the National Automatic Information Fund for personal identity documents. It also introduced an obligation for the notaries public to make special checks in the database and the fund when performing notary certifications connected to rights over real estates. Procedure 8 Parties receive a copy of the registered deed Time to complete: 1 day Cost to complete: no cost Comment: Parties will receive a copy of the registered deed the same or next day the deed has been registered by the notary 36 37 1.
2 % for the amount over 100 000 BGN; 100 001 - 500 000 лв. 1 % for the amounht over 500 000 BGN, but no more than 6 000 BGN Comment: The notary executes the transfer deed and collects the money for payment of the state fee (transfer tax) and the registration fee. Usually the notary pays the state and registration fees. This is done for the clients’ convenience. The parties can pay the fees at the account of the tax authority where the estate is situated and bring the receipts to the notary. The local tax is now a subject of determination by each municipality on yearly basis.
33 Registering Property Details - Bulgaria Procedure 1 The sketch of the estate is drafted by the respective Municipality Time to complete: 4 days (express - simultaneous with procedures 2, 3, 4, and 5), otherwise 7 or 14 days Cost to complete: BGN 40 for an express procedure (4 days), BGN 30 for a fast procedure (7 days), BGN 20 for a regular procedure (14 days) Agency: Local Cadastre Agency Comment: The draft of the estate is a graphic sketch of the estate with its borders, square meters, and number of the area where the estate is situated.