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
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