Comprehensive bookkeeping and financial record management
We provide end-to-end bookkeeping and financial record management services tailored to your business needs. This includes recording all financial transactions, maintaining general and subsidiary ledgers, and preparing monthly, quarterly, and annual financial reports in compliance with Bulgarian accounting standards.
For companies registered for VAT, we prepare and submit monthly purchase and sales ledgers and VAT returns, ensuring full compliance with the Value Added Tax Act (ЗДДС). All accounting documents and reports are sent promptly to your company by email for confirmation, ensuring transparency and accuracy at every step.
Our approach guarantees secure and organized financial data management, compliance with tax and accounting regulations, and timely reporting to support your business decisions.
Preparation of monthly, quarterly, and annual financial statements
We specialize in preparing accurate and timely financial statements tailored to your business needs. Our service includes the preparation of monthly management reports, quarterly performance overviews, and annual financial statements in accordance with Bulgarian accounting standards and International Financial Reporting Standards (IFRS) where applicable.
These reports provide valuable insights into your company’s financial position and performance, supporting informed business decisions and ensuring compliance with regulatory requirements. Annual financial statements are also prepared for submission to the Bulgarian Commercial Register, guaranteeing that your company meets all statutory obligations.
Our team ensures the highest standards of accuracy, transparency, and confidentiality throughout the entire reporting process.
Accounting for Small and Medium-Sized Enterprises (SMEs), Individual Entrepreneurs, and Branches of Foreign Companies
We provide tailored accounting services designed to meet the unique needs of SMEs, individual entrepreneurs, and branches of foreign companies operating in Bulgaria. Our solutions cover all aspects of financial management, including bookkeeping, payroll, tax compliance, and preparation of monthly, quarterly, and annual financial reports.
For branches of foreign companies, we ensure compliance with Bulgarian accounting and tax legislation while aligning reporting with the parent company’s internal requirements, including IFRS where applicable. We also handle specific obligations such as VAT registration, reporting, and annual filings to the Bulgarian authorities.
Our services guarantee full compliance with Bulgarian laws, including the Value Added Tax Act (ЗДДС), the Corporate Income Tax Act (ЗКПО), and the Personal Income Tax Act (ЗДДФЛ). We offer cost-effective solutions that allow you to focus on business development while we manage your financial records with precision, confidentiality, and efficiency.
This service is ideal for startups, family businesses, freelancers, growing enterprises, and foreign companies expanding their operations in Bulgaria through local branches.
Accounting for Companies with International Operations
We offer specialized accounting services for companies engaged in cross-border trade and international business activities. Our expertise includes handling complex transactions such as intra-EU supplies and acquisitions (Intra-Community Transactions), import and export operations, and intercompany transfers.
We ensure full compliance with Bulgarian and EU legislation, including VAT treatment of cross-border transactions under the Value Added Tax Act (ЗДДС) and applicable European directives. Our team prepares and submits Intrastat declarations, VIES statements, and other mandatory reports, ensuring accurate and timely documentation to avoid penalties or delays.
In addition to local compliance, we provide guidance on aligning your financial reporting with international standards (IFRS), supporting consolidated reporting for multinational groups, and managing currency and taxation challenges associated with international business operations.
This service is ideal for companies trading within the EU, exporters, importers, and businesses that need seamless integration of their Bulgarian operations into global financial and compliance structures.
