In the dynamic business environment of the modern world, both companies and freelancers need reliable accounting services to ensure compliance with local regulations and optimize their financial performance. Whether you’re a startup, an established company, or a freelancer, our expert accounting services are designed to meet your unique needs and help you focus on what you do best—growing your business.
The importance of professional accounting services
Accounting is not just about crunching numbers: it’s about making informed decisions based on accurate financial data.
In Bulgaria, accounting services are mandatory for all businesses, regardless of their size or industry. This requirement is crucial for several reasons:
- Legal Compliance: Bulgarian law mandates that all businesses maintain proper financial records and submit regular reports to the National Revenue Agency (NRA). Failure to comply can result in significant penalties and legal issues.
- Taxation: Understanding the Bulgarian tax system is essential for both companies and freelancers.
Corporate tax in Bulgaria is 10%, one of the lowest in the European Union, making it an attractive destination for businesses. For freelancers, the personal income tax rate is also 10%.
Our accounting services ensure that you take full advantage of available tax benefits while remaining compliant with tax laws.
- Financial Health: Accurate accounting helps you monitor your financial health, track expenses, manage cash flow, and plan for future investments. It’s the backbone of strategic business planning and sustainable growth.
Comprehensive accounting solutions
We offer a wide range of accounting services tailored to meet the needs of both companies and freelancers:
- Bookkeeping: Maintain accurate and up-to-date financial records, including income, expenses, and transactions.
- Tax Planning and Compliance: Expert advice on tax strategies to minimize liabilities and ensure timely submission of tax returns.
- Payroll Services: Manage employee salaries, benefits, and statutory contributions efficiently.
- Financial Reporting: Prepare detailed financial statements and reports to help you make informed business decisions.
- Consulting: Personalized advice on financial management, business planning, and investment strategies.
Why choose us?
- Expertise: Our team of certified accountants has extensive experience in Bulgarian accounting standards and regulations as well as international tax law and double taxation regulations.
- Personalized Service: We understand that every business is unique. We offer customized solutions to meet your specific needs.
- Technology-Driven: We use the latest accounting software to ensure accuracy, efficiency, and security in all our processes.
- Cost-Effective: By outsourcing your accounting needs to us, you save time and reduce costs associated with hiring and training in-house staff.
Focus on Your Business, Leave the Accounting to Us
Running a business or working as a freelancer in Bulgaria comes with its own set of challenges. Managing your finances shouldn’t be one of them. With our professional accounting services, you can focus on your core activities while we take care of your financial management. Let us help you navigate the complexities of Bulgarian accounting and taxation, so you can achieve your business goals with confidence.
Contact us today to learn more about how our accounting services can benefit your company or freelance business. Together, we can build a solid financial foundation for your success.
