Annual closing
Paramount S Ltd. offers comprehensive service A-Z for the annual closing from Bulgaria in electronic form and their translations into English, German & Greek.
In particular the annual reporting package & in chronological order, consist of as follows:
• Prepare & submit the annual PIT Tax return;
• Prepare the annual FS and submit to the National Business Statistics;
• Prepare the annual Tax return & submit to the National Revenue Agency;
• Prepare the annual FS & Notes (special design) & publish to the electronic Commercial Register;
• Prepare & submit Dividends’ distribution declaration accordingly the decision of AGM of shareholders;
Small and medium-sized enterprises are defined by following criteria:
• Balance assets up to 8 million BGN
• Net proceeds up to 15 million BGN
• Average number of employees up to 250 persons
For large companies, an independent audit is mandatory. Financial statements in Bulgaria are filed to the trade register.
In the world of finance, the best accounting is like poetry – precise, impactful, and timeless. At Paramount we compose this perfect symphony.
Filing of financial statements is mandatory for:
• Joint-stock companies
• Limited liability companies
• Limited partnerships
• Registered partnerships
• Joint-stock partnerships
Annual report includes:
• Annual review
• Financial statement
• Consolidated report approved by the shareholders’ meeting
Financial statement includes:
• Balance sheet
• Profit and loss report
• Cash flow statement
• Equity statement
• Accounting policy. Notes to FS.
Financial statements are provided by the trade register & can be obtained upon using a special online service. Financial statements from the trade register are public. Financial statements are provided in accordance with the Bulgarian legislation and legal requirements on personal data protection.
Please find additional info on the topic @ FAQ page, section: Annual closing
GET IN TOUCH
Take our outsourced accounting solutions, see how they change your workflow.
Why Paramount Services? Legal Services Bulgaria. Accounting services Bulgaria. Corporate and Commercial Law, Supporting trade negotiations – with the co-operation of Paramount Services partners.
Why Paramount Services: We offer clear and easy to follow procedures. The prices announced by us are final without any vague formulations such as “guidance prices” or “reserve the right to change …”, like these
We keep to our promises – always and under all circumstances. No surprises, No hidden fees, No cheap consultancy tricks
Services fees – 15% less than average price level on the Bulgarian market -> immediate prove;
85 EUR monthly fee for accounting (25 doc/3 employee) -> offer for companies registered by Paramount Services Ltd.
24×7 services, 1 consulting hour included, solid expertise in accounting and taxation
10% flat taxation, that could be optimized additionally through tax preferences
5% tax on dividends, Double taxation avoidance treaty: all EU countries + 40 more around the world
Law Services. Commercial Law
Registration and reorganization of companies and individual entrepreneurs, preparation of documents and representation in the Commercial Register at the Registry Agency. For registration of companies, registration of foreign companies as partners in Bulgarian enterprises, registration of branches, registration of changes in the already registered companies.
Support and representation in connection with the organization of the general meetings of companies and preparation of all necessary documents in this regard
Drafting of enterprise agreements, protocols, invitations, decisions and other internal documents of the companies
Transformation of companies – merger, consolidation, separation, division;Legal services and advice in connection with the liquidation and bankruptcy of companies
Preparation, preparation and signing of all contracts under the Commercial Code as sales contracts, commissions goods or services. Leases, loans, transport and legal advice on commercial transactions
Employment Counseling
Service in connection with labor matters
Preparation of individual and collective labor contracts, annexes, job descriptions, agreements, employer orders, protocols, and other solutions
Consultations and preparation of documents on termination of employment notices, orders, protocols for making the selection. and Compensation payments
Legal services and representation in labor disputes
disputes for protection against unjustified dismissal, reinstatement, compensation paid by the employer to the employee, compensation for accidents at work in the Labor Code
Advice regarding disciplinary sanctions, dismissal, the payment of compensation and disciplinary action while …
Legal services in connection with the compulsory health and pension insurance
Assistance, advice and representation for settling labor disputes and legal representation in court. For keeping employment matters relating to dismissals, layoffs, benefits and other labor disputes.
