tax inspection Bulgaria

The hardest thing in the world to understand is the income tax. Albert Einstein Taxes in Bulgaria – what to do when you get the taxman knocking on your door Everyone knows already that Bulgaria applies the lowest EU tax rate – 10% only. Both companies and individuals pay theContinue Reading

VAT in Bulgaria

We will take care to process all your accountancy documents (invoices, etc.) and to file on time 100% compliant VAT declarations every month… Euroformat.eu Value Added Tax (aka VAT) is one of the worst understood tax areas, but the one that matters the most. VAT in Bulgaria is 20% andContinue Reading

paying dividends in Bulgaria

Distribution of dividends in Bulgaria can be done only once per year. There are however legal options to distribute part of the profit more frequently… Euroformat.eu By law, dividends in Bulgaria are distributed only after the end of the financial year. This is when the shareholder sign the financial reportContinue Reading

annual tax declarations Bulgaria

We will take care for your all-year-round accountancy. At the end, we will prepare and submit your annual tax returns, so you can be 100% legally compliant… Euroformat.eu Annual returns are due in Bulgaria as follows: March 31st – for companies; April 30th – for private individuals. From 2018, theContinue Reading

Accountancy in Bulgaria - 2021

Tax compliance and accountancy services with full legal support Many foreign businesses in Bulgaria struggle to find reliable accountant or accountancy company. We know many horror stories of accountants who have ruined foreign businesses in Bulgaria. Don’t become one of those! If you are trying to find the perfect accountancyContinue Reading

European VAT

This might as well be an appropriate headline for a dog food commercial or a slogan for an animal shelter. In our case it is regarding an issue, that has a much bigger magnitude and concerns every EU citizen. After 2020, the year of change and surprises, closed us andContinue Reading

Legal Help Bankruptcy

Legal help in case of liquidation or bankruptcy for business owners   The estimate is ominous, but it was these companies that suffered the strongest blow from the Covid-19 pandemic in the country. This prediction was made by the Consumer Protection Association in Bulgaria. It is not much different fromContinue Reading