FINANCIAL, ACCOUNTANCY & TAX RETURN SERVICES

Accounting and tax return services provided by qualified accountants will be charged at a yearly rate starting from 50 Euro /VAT included/ per dormant limited company.

Under Bulgarian tax law, limited companies registered in the country should submit their annual tax return and accounts to the Bulgarian Tax office before the 15th of April each year. Please note that even if your company is registered just in order to own a property and is dormant or not trading actively, it is still subject to control and inspection by the local tax officers. Not submitting the annual tax documents on time will incur a fine starting from 2000 Leva (approx. 1000 Euro).

If your company is operating (for example, if renting out a property), your accountant will have to issue invoices, represent your company before the tax authorities, pay tax advances, etc. Thus, your annual accounting charge will be higher than the base one and will be paid monthly, subject to the amount of work required.

IMPORTANT NOTES: If we take over the accountancy duties for your company, we will need you to supply the originals of your company documents and company stamp, as well as a suitable power of attorney to represent the company before the tax authorities.