• Operational accounting of the current documents in accordance with the requirements of the Bulgarian accounting legislation and national or international accounting standards
• Preparation of accounting policy and individual chart of accounts
• Preparation and submission of monthly statements under the value Added Tax Act (VAT)
• Preparation and submission of monthly VIES declarations, as required by the VAT ACT
• Calculation of monthly taxes due, and preparation of payment documents for their translation
• Preparation of periodic reports reflecting the current financial result according to the client’s needs
• Preparation of monthly and periodic reports on the client’s activity, reflecting stocks, movements in certain accounting accounts, settlements with commercial counterparties and financial institutions
• Preparation of calculations and costs depending on the client’s activity
• Timely information about changes in the tax-insurance or labour legislation
• Additional accounting services, based on the specific requirements of the client.
• Representation before insurance and tax authorities in relation to appointed inspections or revisions

The constant changes in the existing and adoption of new regulations always lead to the risk of tax errors, which sometimes cost too expensive.

• The accounting policy of the Enterprise
• Business tax planning and tax optimization
• Organizing the company’s document turnover
• Consultations on labour and social security issues
• Consultations on the application of agreements to avoid double taxation

In order to save your efforts to maintain specific competencies and ensure the confidentiality of wages, we provide the most complete service for your employees ‘ remuneration.

• Drafting of employment contracts, civil contracts and contracts for management and control
• Preparation and submission of necessary notices to the NRA
• Maintenance of Labour records of employees
• Preparation of payrolls for salaries and fiches
• Preparation of payment documents for transfer of due monthly insurance and income tax of natural persons
• Processing of hospital papers and filing in NSSI
• Presentation of information about insured persons in personal register-declarations model 1 and 6
• Preparation of a report on the costs of the company for salaries and contributions by department
• Representation before insurance and tax authorities in relation to appointed inspections or revisions

Accounting group BG can provide you with legal services in the following:

• Registration and transformation of commercial companies
• Preparation of all types of contracts
• Immovable property and real estate law
• Commercial and contract law
• Intellectual property Law
• Corporate law mergers and acquisitions
• Due diligence of companies or projects

As an established accounting company “Accounting Group BG” has built partnerships with leading companies from the following areas, which our clients can use on preferential terms.

• Legal Services
• Occupational Media and electrical measurements
• Translation and legalization
• Pythagoras Accounting software

Bulgaria has long been an attractive destination for setting up a new business or moving companies from abroad for a number of reasons. The country offers ideal conditions for combining work and a more pleasant life than many other countries in Europe.

• Lowest taxes in the EU
• Low corporation tax of 10%
• 5% dividend tax
• 20% VAT
• Professionals and workforce on very competitive pay
• Many universities and good education
• Advantageous infrastructure
• 3 Highly frequented airports with many destinations in Europe
• Among the fastest internet connections in Europe

You have a company abroad and want to move your business to Bulgaria? Or do you have the measure to start a new business here?

• Registration of companies
• Address registration
• Organizational assistance in relocation and establishment in Varna and Sofia
• Network of partners in real estate, lawyers, banks, telecoms, software, marketing, holidays and entertainment
• Tax consultation for optimization
• Comprehensive service

The last few years there has been a large growth of international companies moving to Bulgaria for several reasons

• Significant tax advantages
• Member of the EU since 2007 and part of the EURO area 2024
• Still low real estate prices
• High quality and freer life
• Unique nature with opportunities for tourism, sports and recreation throughout all four seasons