What we offer?
We offer an individual approach to the organization of your company’s accounting and tax cases, fully compliant with national and international tax law.
- Monthly accounting;
- Monthly accounting registers;
- Monitoring of company purchases, sales and cash flows;
- International Management Reports;
- Annual Financial reports;
- Representation in front of Bulgarian institutions (National Revenue Agency, National Statistic Institute etc.)
- Preparation of annual tax returns for local and foreign companies and individuals;
- Preparation of tax returns for dividends;
- Declarations to avoid double taxation treatment;
- INTRASTAT
- VAT Registration;
- VAT Refunds within EU.
Personnel and wages related services include:
- Preparing complete files of employees – fulltime or part-time contracts, additional agreements, job descriptions, orders, etc.
- Drawing up monthly payrolls and submission of declarations related thereto to NRA
- Drawing up payment orders for personnel social insurance contributions and taxes
- Drawing up estimates of the monthly social insurance contribution amounts
- Filing fit notes with NSII
- Preparing all necessary declarations, certificates and references in relation to NRA, NSII, Labour Inspection and other state institutions
- Consultations and couselling regarding changes in the social, healthcare, retirement and employment legislation
- Preparing estimates of the funds necessary for payment of wages and their adjustment in the event of change in the social insurance contribution rates
Bulgaria has become a very popular destination for freelancers who want relocation, not only for its beautiful cities and rich culture but mostly due to its high quality of life, financial environment and the lowest taxation within EU (personal income tax 7,5%).
Freelancing is more popular than ever, and it comes with a lot of advantages, from choosing your work schedule to deciding where you may want to live. And Bulgaria is the destination where freelancers have a lot of choices.
The main benefits of becoming a Bulgarian Freelancer:
- advantageous tax scheme
- Bank account opening Easy procedure of obtaining ID
- card (residing card);
If you are interested in, VAKLEV Group can provide full service of it – Package of Freelancer registration, residency procedure and its following maintenance.
If you want to benefit from the lowest taxation in Europe, then you definitely need to set up your Bulgarian company.
Bulgaria is attractive destination to grow up your business due to its flat tax rates:
- 10% corporate profit tax;
- 10% personal income tax;
- 0-5% dividend tax;
- Lowest Labour and Social Contribution in EU
- Double Taxation avoidance treaties with 80 countries
The procedure of Bulgarian company formation takes 2-3 days and our team can fully assist you with the whole procedure.
