Accounting

Uncompromising
commitment to an
exceptional service

A complete accounting service for businesses

Grounded in a highly professional attitude and skilled personnel, we offer our clients integrated financial and accounting solutions which contribute to the successful development of their businesses.

Consultancy and Outsourcing
  • Tax Consultations and Structuring
  • Tax Compliance
  • Financial Planning
  • Strategy implementation of tax and financial optimization
  • Outsourcing – Initial setup
  • Opening the accounting books
  • Setup of an accounting database and building the chart of accounts on the appropriate software
  • Advice on the accounting treatment of the central company transactions, and the relevant tax implications
Accounting Services
  • VAT Registrations
  • Internal tax review and audit
  • Preparation of monthly VAT returns
  • Preparation of monthly VIES and Intrastat reports
  • Representation to the Bulgarian Tax Authorities by VAT and TAX audits and inspections
  • Appliance of Double Taxation Treaties
  • Advice on the appropriate appliance of the company’s Accounting Policy, according to the National Accounting Standards or the International Financial Reporting Standards
  • Statutory year-end closing, assistance for year-end procedures, reconciliations, and statutory audit
  • Preparing annual financial statements in accordance with International Financial Reporting Standards or National Accounting Standards
  • Preparation of withholding tax returns
  • Reports to the National Statistical Institute
  • Liaison with auditors and Audit support
  • Liaison with Banks and financial institutions
  • Preparation of reports to the Bulgarian National Bank
  • Ad-hoc advice and additional assistance based on clients’ specific request
Bookkeeping
  • Routine bookkeeping
  • General Ledger Accounting
  • Accounts Payable
  • Accounts Receivable
  • Asset Accounting, Asset Register Maintenance and Appliance of Depreciations
  • Bank Accounting
  • Control and Monitoring of cash flows
  • Statements, licenses, certificates
  • Consolidated tables and reporting
  • Management Reporting
  • Publication of annual financial statements on the Trade Register
Personnel and payroll
  • Preparing and Maintaining Employment Records
  • Registrations and Notifications for the National Revenue Agency
  • Registrations and Notifications for the National Social Security Institute
  • Social and Health Insurance Consultations
  • Calculation of monthly net remuneration, personal income tax amounts and social security contributions and preparing the monthly payroll reports
  • Payroll
  • Supervising the whole Process of Payroll Administration
  • Payment Orders for Social and Health Insurances
  • Tax returns
  • Representation during the National Revenue Agency Inspections
  • Representation during the Labor Inspectorate Inspections
  • Documents for retirement, maternity leave, income statements, other

Go beyond
your own expectations