3 June 2026
Accounting Services in Bulgaria
Companies can benefit from the accounting services in Bulgaria we can provide on request. Contact our accountants in Bulgaria for assistance.
Are you opening a company in Bulgaria? You will need accounting services. This article offers details about the main accounting services we offer through our firm in Bulgaria. You may solicit a free case evaluation or directly contact us if you want to collaborate with our local experts.
| Quick Facts | |
|---|---|
| Who requires accounting services in Bulgaria | If you want to register a company in Bulgaria and have economic activities, you need to respect the accounting rules. |
Applicable accounting legislation | – Bulgarian Accountancy Act, – International Financial Reporting Standards (IFRS) |
Types of accounting services we offer | – bookkeeping, – payroll, – annual financial statements, – tax returns, – debt monitoring |
| Tax advice and compliance (YES/NO) | Yes |
| We offer support for tax registration | Yes |
| Financial planning for company owners | On request |
| Risk assessment and evaluation | If solicited |
| Types of audit services | – internal, – external, – financial, – compliance, – operational |
| Tax minimization methods available | – tax credit planning, – charities, – retirement plans, – selling investments that lost their value |
| Personalized financial consultancy services | On request, for company formation in Bulgaria |
| Investment consultancy for high-net-worth individuals | On request |
| Financial and analysis reports for companies | If solicited |
| Human resources services available (YES/NO) | Yes |
| Expertise provided by certified accountants (YES/NO) | Yes |
| Free case evaluation for companies (YES/NO) | Yes |
What accounting services do you offer in Bulgaria?
- payroll;
- bookkeeping;
- VAT registration;
- tax filings;
- preparation of annual financial statements of the company;
- tax planning;
- tax minimization methods and optimization;
- HR administration and related services;
- debt monitoring, etc.
What is the applicable legislation for accounting services in Bulgaria?
- Bulgarian Accountancy Act,
- International Financial Reporting Standards (IFRS).
Here is an infographic with information about accounting services for companies in Bulgaria:
What does bookkeeping in Bulgaria entail?
All the financial operations of a company established in Bulgaria must be recorded in an accurate manner with the help of bookkeeping. Recording the sales and expenditures, raising invoices, keeping the inventory records, and processing the payment orders to suppliers enter in our field of activities from an accounting point of view.
What payroll services do you offer in Bulgaria?
- calculation of payroll taxes,
- payment of salary taxes,
- distribution of salaries in a firm in Bulgaria,
- tax compliance and reporting,
- record maintenance through dedicated platforms/software, etc.
What are the key components of payroll in Bulgaria?
- base salary & total compensation.
- overtime & bonuses,
- mandatory withholdings,
- company’s tax obligations.
We invite you to explore this video regarding the accounting services available for your company in Bulgaria:
What are the payroll taxes in Bulgaria?
- 10% personal income tax,
- around 19%-20% employer contribution to social security,
- about 13.8% employee contributions to social security,
- 8% for health insurance,
- 5% for pension insurance.
Where are payroll taxes paid in Bulgaria?
At the:
- National Revenue Agency (NRA),
- National Social Security Institute (NSSI).
What types of audits are available in Bulgaria?
- Internal and external audits,
- Tax audits,
- Financial audits,
- Forensic audits, etc.
Do you assist in preparing the annual financial statements?
Yes, we can prepare:
- balance sheet,
- profit and loss statement,
- cash flow declaration,
- statement of changes in equity,
- financial statements notes, etc.
Do you provide support in tax registration in Bulgaria?
Absolutely! We also assist in obtaining an EORI number in Bulgaria.
What are the VAT obligations in Bulgaria?
VAT registration for annual turnover of more than around EUR 51,000 since 2026.
What are the periodic and annual tax obligations of a firm in Bulgaria?
- corporate income tax return submitted by June 30,
- annual financial statements filed by September 30,
- personal income tax return submitted by April 30, etc.
Do freelancers & sole traders have accounting obligations in Bulgaria?
Yes.
How can you help me with tax minimization in Bulgaria?
You can deduct:
- Travel expenses,
- Transportation costs,
- Rent for business location,
- Marketing expenses, and many more.
What is the financial year in Bulgaria?
The calendar year: 1st of January – 31st of December.
Why should you externalize the accounting services for your firm in Bulgaria?
- cost efficiency compared to an entire department,
- access to experienced accountants such as those in our firm,
- improved compliance & accuracy,
- daily transactions are covered by a team of specialists,
- efficiency, etc.
Interested in more about the accounting services we provide in Bulgaria? You can contact us online or by phone for extra information and guidance. We can also help you with opening a business in Bulgaria.