BSE-Sofia operates within the framework of the national rules and regulations.

Rules And Regulations

BSE-Sofia operates within the framework of the national legislation. The Stock Exchange internal organization and structure ensures the execution of its activities in compliance with the provisions of the law.

BSE-Sofia organizational structure and management are in accordance with the Rules and Regulations of the Exchange, adopted by the BSE-Sofia Board of directors.

The main acts regulating the local capital market and the BSE-Sofia activities are the Markets in Financial Instruments Act and the Public Offering of Securities Act. Taxation of income from trading in financial instruments admitted to trading on a regulated market is governed by the Personal Incomes Tax Act and the Corporate Income Tax Act.

Capital gains from securities transactions realised on the local regulated market are not subject to withholding tax and tax on dividends and liquidation proceeds is 5%.