The taxes applied on the registered companies in Bulgaria

Whether renting an office in Sofia, the rest of the big cities like Varna, Plovdiv and Bourgas, all companies that are registered in Bulgaria and operate here should work according to the regulation of the Bulgarian law and legislation system. At the same time, they have to follow the European laws as well, as the country is a member state of the European Union. The managers of all companies that are registered in Bulgaria should know that the tax management process is important part of the accounting and the financial activity of every company. It has direct connection with the profit and the investments that the company can do.

Companies that are registered and operate on the territory of Bulgaria should use a company providing tax accounting services or should hire own accountant. The services mentioned include the modeling of the tax rate, the handling of the tax documentation, the tax assistance and the tax analysis, but also a forecast for the income tax, which is important. Other aspects that should be covered include analysis of data, evaluations of tax returns, tax liability reduction planning, VAT book keeping, etc. The companies being registered and operating in Bulgaria, which have an office in Sofia or elsewhere or do have a car, should also pay immovable and movable property taxation. The companies that are registered in Bulgaria and operate here should further cover national insurance for the employees.