Requirements for starting an online business (electronic and selling on the Internet)

What is internet commerce?

Online trading is the purchase and sale by profession for the purpose of making a profit of goods or services, which is carried out mainly through electronic stores, online platform /Amazon, eBay/, ad platform /OLX, Bazar.bg/, social networks /Facebook, Instagram/ and the like. If you sell goods or services on the Internet, you should know that from the point of view of tax legislation, this trade is not fundamentally different from selling in a standard store.

“E-shop” is software, the access to which is made via the Internet using a web browser or mobile application, and through which the sale of goods/services is carried out through the conclusion of a distance contract under Art. 45 of the Consumer Protection Act, providing the possibility for the customer to choose goods/services through a shopping cart or otherwise, and to provide contact information with the buyer, the delivery address and the method of payment. — §1, DR, item 87 of the VAT.

Forms of online trading:

There are different forms of electronic commerce according to what are the participants in it, widely used are the types:

• B2C - business to customer, or business-to-customer, representative of which are classic online stores based on catalog trade;
• B2B - business to business, or business-to-business, for example, when firms integrate their information systems to automate the exchange of goods and information between them;
• C2C - customer to customer, or client-to-client, schemes where trading takes place between users of a platform and the platform provider only provides the infrastructure, often for a fee;
• B2G - business to government, or business-to-government, where companies offer services to the government with the specifics necessary for this purpose, e.g. transparency.

We are with you all the way:

1. Company registration;
2. Consulting, preparing, completing and submitting the necessary documentation to the relevant institutions;
3. Save valuable time and with our knowledge and skills we will carry out all the necessary procedures for you.