EU regulation, startup law, and compliance - explained so you can act on them.
4 articles
A 10% corporate rate is only the headline. Salary vs dividend, VAT on SaaS, ESOP taxed at exercise, and what an exit actually costs a Bulgarian founder.
From the term sheet and SAFE notes to vesting and liquidation preference - what you are actually signing when the first institutional investor arrives.
Regulation (EU) 2020/1503 lets you raise up to €5,000,000 without a prospectus - but an OOD cannot issue shares, and a cap table with 300 investors scares off every VC. Here's the mechanics.
MiCA and Bulgaria's new Crypto-Assets Act are now in force - how a Bulgarian crypto startup classifies its token, picks a license, and pays tax before the transition period ends on 1 July 2026.