One of the possible ways for employees of a joint-stock company to acquire shares is through a donation contract concluded between the relevant employees and the majority shareholder – a commercial company. Under the donation contract, the majority shareholder transfers, free of charge, from the block of shares held by him in the joint-stock company a corresponding number of shares to certain employees. The employer company (the joint-stock company) is not a party to the aforementioned contracts, as the donation of shares for the benefit of employees is carried out by the majority shareholder at his expense and for achieved results.
Tag: foreign employer
Tax treatment of the income realized remotely from Bulgaria by a natural person working for a foreign company located in another country
In the conditions of a changeable situation, some of the companies manage to adapt by implementing their commercial activity through remote work of their employees. A situation often arises when a person hired on work abroad has to perform his duties remotely from the territory of another country. Until one moment this person has paid taxes in the country where the company has its registered office, and subsequently, after beginning the remote performance of his duties in another country, the question arises about the tax treatment of the income realized through remote work.