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Our promise: we will keep our prices at least 15% below the competition & You will get the best prices for what we do for you. | Companies NOT registered for VAT purposes & w/o LC registered avg. monthly from 35 EUR | Companies registered for VAT purposes& w/o LC registered monthly from 65 EUR 1-hour free consulting monthly | Companies registered for VAT purposes & with registered LC monthly from 115 EUR 2-hours free consulting monthly | ACCOUNTING & SYSTEMS SETUP |
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Financial process flowchart | |||
Accounting, Payroll, Inventory & Invoicing software setup & maintenance | |||
Branded Invoice Template | |||
Systems Review & Clouds App Recommendations | |||
Technology Consulting | |||
VIRTUAL ACCOUNTS TEAM | |||
Transaction Coding | |||
Sales & Purchases | |||
VAT Return | |||
Balance Sheet Reconciliations | |||
Payroll | |||
Annual Payroll Return | |||
End to End Process | |||
Credit Control | |||
Fixed Assets | |||
Inbound Calls | |||
MANAGEMENT REPORTING | |||
Profit & Loss and Balance Sheet | |||
Customized Reports | |||
Budgeting | |||
Budget Vs. Actual Reporting | |||
Key Performance Indicator (KPI) Reporting | |||
FINANCIAL MANAGEMENT & CONTROL | |||
Business Review Meeting | Quarterly | Monthly | |
Analysis and Recommendations Report | |||
Financial Controls Implementation | |||
Forecasting & Scenario Analysis | |||
Cashflow Management | |||
Financial Modelling | |||
Funding, Loans & Borrowing Support | |||
COLLABORATION | |||
Flexible Contract Term | |||
E-mail Support | |||
Telephone Support | |||
Instant Chat | |||
Single Point of Contact / Relationship Management | |||
Direct Mobile Contact |
GET IN TOUCH
Take our outsourced accounting solutions, see how they change your workflow.
Why Paramount Services? We keep to our promises – always and under all circumstances. No surprises, No hidden fees, No cheap consultancy tricks…
Owner does not need to visit Bulgaria. We will help you to make all registration from your office. Manager will sign Power of Attorneys.
If the owner of the capital wishes – he can make a remote registration of the company. The owner of the capital does not need to come to Bulgaria. He or she has to send us notary certified Power of Attorneys. We will register the company within 3-4 days after receiving the payment of fees due. Management of the company has to complete a few obligatory registrations in addition.
Which foreign citizens can register companies in Bulgaria?
The focus of the article is the registration of a company by a foreign citizen in Bulgaria. We will explain which foreigners can register companies in Bulgaria. Secondly, should the respective foreigner live in the country, how much cost the registration of the company, etc.
All foreign citizens have the right to register their company in Bulgaria. There is no restriction on whether the foreigner concerned is a citizen of an EU Member State or not.
A special feature of the procedure and something that is often confused with the registration is that the foreigner ‘s personal data should also be written in Cyrillic. Should the owner live or reside in Bulgaria?
A foreign citizen does not have to live or reside in Bulgaria. However, the presence in the country at the moment of registration of the company is advisable, as the procedure is easier. This is due to the fact that the foreign citizen is most often a manager of the company and as such, he must declare his consent to perform this activity before Bulgarian notaries. Such notaries work, of course, only on the territory of the country. Abroad, please visit the services of the nearest Bulgarian diplomatic representation (embassy or consulate).
Also, the presence in the country makes easier for paying the company’s capital through a local bank account. Power of attorney fixes this problem.
Taxes administered by NRA
The following documents fill in at NRA’s offices (former tax divisions and territorial tax directorates):
Personal income tax returns,
Corporate income tax returns,
VAT returns.
Local taxes and fees administered by municipalities
The municipal administrations administer the Local taxes and fees (including building tax, garbage fee, taxes on vehicles, property acquisition taxes, inheritance taxes) but not the tax administration, as it was until the end of 2005. For more details on the payment of local taxes and fees, please contact the municipal administrations’ division within whose area of competence your permanent address falls.
