Financial Accounting. 5% Taxation Burden

Are you running two separate depreciation schedules—one for your financial statements and one for your CITA tax return? Did you know that commercial buildings in Bulgaria are capped at a maximum 4% annual tax depreciation rate, while computers enjoy up to 50%? office@paramounts.eu https://paramounts.eu/ https://paramounts.bg/en/home/ , #TaxDepreciation, #CapitalExpenditure, #TaxOptimization, #CorporateFinance, #AccountingStandards In Bulgaria, managing the depreciation of fixed assets requires balancing Accounting Depreciation (governed by Bulgarian National Accounting Standards / IFRS) and Tax Depreciation (regulated strictly by the Corporate Income Tax Act - CITA). https://paramounts.eu/ https://paramounts.eu/about-why-paramount/


Depreciation of Assets in Bulgaria: Rules & Rates for Accounting (€190 Company Registration) (please start YouTube-Video here)

Strategic asset depreciation is a powerful tool for lowering your taxable income in Bulgaria. The Corporate Income Tax Act allows aggressive tax depreciation rates—up to 30% for machinery and 50% for software and IT equipment. Registering your company for just €190 gives you immediate access to these incentives, provided your accounting meets strict local standards.

Maximize your business tax savings! We deliver full €190 company formation, compliant asset management, and end-to-end accounting tailored to your enterprise. Contact our accounting experts today to get started!