Accounting          

We can provide foreign investors owning property in Bulgaria through their locally registered companies with accountancy services to comply with the rules and regulations of the Bulgarian tax law.

Bulgarian law still does not allow foreign nationals to own land, the majority of investors are purchasing their properties through a company registered in this country. However even if your company is registered just to own a property and not actively trading, it is still subject to control and inspection by the local tax officers.

Each company is obliged to prepare an annual tax report for its business activities.the report should be submitted to the local tax office before 15th April each year. The companies which doesn’t comply with the requirements are subject to serious fines and penalties starting from 2000 Levs (approx. 1000 Euros).Thus the company accounts should be kept diligently in order to avoid any inconveniences which may be caused by the tax office. Even If your company is renting a properties and accepts rental income, it is then considered as fully operational company which means a lot of paperwork, invoicing, tax payment and the services of an accountant.

We work with company which has great expirience with foreign owners who will not only prepare the necessary paperwork, but will also advise you on how to legally minimize the tax due. Your assigned accountant will issue invoices, represent your company, pay tax advances as well as all other necessary actions required.

Our prices depends on the type of the company registration , whether it is active , whether it is registered to VAT and etc.