Accounting & Payroll

Ready Made packages

We offer three Fixed Price accounting Packages with varying levels to suit your business needs.


Tailor Made packages

If you have specific needs that aren’t matched by the Ready Made packages, we can create an individual solution, including a Tailor Made pricing plan, that’s perfect for you. Depending on your business, it can be as simple or as complex as you need it to be.


 BasicStandardAdvanced
Price300 EUR/year170 EUR/month250 EUR/month
Corporate tax return and annual statement of activity
Preparation and submission with local authorities
YesYesYes
Annual financial statements
Preparation
YesYesYes
Annual financial statements
Announcement under the batch of the company in the Bulgarian Trade Register
YesYesYes
Monthly book-keeping
Keeping appropriate up-to-date records (processing the Company’s sales and purchase invoices, bank and petty cash records, expense, maintaining fixed assets register, calculating the Company’s withholding taxes over car, entertainment and social expenses);
Keeping the required books, including Journals, General ledgers, Trial balances, Subsidiary ledgers (Fixed assets register, Purchase and Sales Ledgers and others as appropriate);
Noup to 20 invoices, receives, bank statements etc. (up to 5 Hours per month)up to 100 invoices, receives, bank statements etc (up to 10 Hours per month)
Intrastat report
Preparation and filing with the NRA on a monthly basis
NoYesYes
VIES register
Preparation and filing with the NRA on a monthly basis
NoYesYes
Reports to Bulgarian National Bank evidencing the outstanding balances to foreign entities (receivables and liabilities), as well as loans in foreign currency
Preparation on a quarterly base
NoYesYes
Declaration regarding withholding tax
Preparation and submission on a quarterly base
NoYesYes
Preparation of monthly VAT return, VAT sales and purchase registers and filing them with the National Revenue Agency (NRA);NoYesYes
Additional services
Preparation of monthly / quarterly / annual reporting package in accordance with the management instructions;20 EUR /per hour
Charge for additional hours spent20 EUR /per hour
Registration under Value Add Tax Act30 EUR
Deregistration under Value Add Tax Act20 EUR /per hour
Tax audits and inspections
Representing the Company during Tax audits;
Communication on behalf of the Company with Tax authorities during tax audits;
Preparing the necessary documents for tax and financial audits;
30 EUR /per hour
Payroll services
Payroll services (up to 8 employees)80 EUR monthly
For each employee thereafter10 EUR monthly

The prices are net of VAT


Tax rates in Bulgaria:

  • Corporate Income Tax - 10%
  • VAT - 20%
  • VAT for Tourism - 9%
  • VAT for EU Supplies - 0%
  • VAT for Export - 0%
  • Dividend Tax - 5%
  • Dividend Tax for tax residents in an EU/EEA member - 0%
  • Personal Income Tax - 10%
  • Securities due by the employer ~ 17.80%
  • Securities due by the employee ~ 12.90%
  • Maximum Wage Rate – EUR 260
  • Maximum Security Basis – EUR 1330
Company formation/incorporation
❱❱ Full range company formation services in Bulgaria for all companies and individuals looking to set up in this tax-efficient region of the EU.
❱❱ Quik, Efficient and Affordable
❱❱ Ready in 3 days
❱❱ Completely online
Real estate
❱❱ Expert legal advice & Due diligence.
❱❱ Purchase, Sale, Rent.
❱❱ Payment of Property tax and expenses.
Bulgarian citizenship & Residency
❱❱ Acquire Bulgarian Citizenship by investment
❱❱ The most affordable program in EU
❱❱ Smooth and efficient process based on our long-term experience and good relationships with the authorities
Legal support and compliance
❱❱ Diverse and attractive range of Legal and Advisory Services.
❱❱ Compliance management and solutions.
❱❱ Professional, Experienced and Flexible.