Accounting services

✅ Included in the Monthly Package:

• ✔Document Bookkeeping: Sorting, recording, and processing of purchase/sale invoices and bank statements up to the transaction limits of your selected plan.
• ✔VAT Compliance: Preparation and filing of monthly VAT returns (Sales and Purchase Ledgers) under the Bulgarian VAT Act.
• ✔Corporate Taxes: Calculation of corporate income tax (CIT), withholding tax, and preparation of corporate tax declarations.
• ✔Fixed Assets: Maintenance of tax and accounting depreciation schedules and management of the Fixed Assets Register.
• ✔Consultations: Standard business consultations (up to 1 hour per month) via email or phone regarding the current activities of your company.

⭐ Add-on Services (Charged Separately):

• ➕VIES Declarations: Mandatory if you buy or sell services/goods within the EU. Billed only in months where such transactions take place.
• ➕Intrastat Declarations: Required once specific intra-EU trade thresholds of goods are exceeded. Charged based on the number of items/codes.
• ➕VAT Registration: Preparation of documents and representation before the NRA for voluntary or mandatory VAT registration.
• ➕EORI Registration: Setting up and representing your company before the Customs Agency to obtain an EORI number.
• ➕VAT Refund Audits: Compiling transaction logs, purchase/sale registries, and representation before the NRA for tax recovery.
• ➕Tax Audit Representation: Compilation of historic financial records, written statements, and audit defense for CIT, VAT, or PIT audits.
• ➕NRA Cross-Checks: Handling official documentation requests and verification processes regarding your suppliers or clients.
• ➕BNB Regulatory Filings: Preparation and submission of quarterly reports on receivables and payables from/to foreign entities.
• ➕NSI Statistical Filings: Preparing and submitting required monthly, quarterly, and annual statistical forms.
• ➕Withholding Tax Filings: Preparing declarations (under Art. 55 of PIT Act and Art. 201a of CIT Act) for dividend distribution, foreign income, or individual leases.
• ➕Interim Financial Statements: Preparing balance sheets and income statements required for commercial bank loans or lease applications.
• ➕Custom Tax Advisory: Expert consultations on complex tax scenarios (e.g. cross-border trade, transfer pricing) charged at an hourly rate.

VIES declarations require validating the VAT registration numbers of your EU business partners through the VIES system and reporting transactions in detail. Since many companies do not engage in EU trade every month, it is fairer to charge for this service only when active transactions take place.

If in any given month your transaction volume exceeds the limit of your active package, the additional documents will be billed per item at our standard rate, or your company will be migrated to the next tier.

No. All legal and corporate work, such as changing company addresses, transferring shares, or drafting commercial agreements, falls outside regular accounting and is provided under our Administrative Services.