DI EM SI EOOD

Accounting Services

• Preparation of accounting policies and individual chart of accounts under NAS and IFRS, tailored to the needs of each company;
• Processing of primary accounting documents – bank, expense, revenue and others;
• Data processing with accounting software, with the option for electronic data exchange.
• Preparation of depreciation plans for long-term assets;
• Calculation of depreciation;
• Monthly preparation and submission to the tax authorities of Purchase Ledger, Sales Ledger and VAT Return under the VAT Act, as well as all other declarations related to VAT refund procedures electronically;
• Preparation and submission of VIES declarations;
• Monthly preparation of payment orders for social security and tax liabilities of the company; Internet banking;
• Preparation of annual financial statements, including balance sheet, income statement, cash flow statement, statement of changes in equity and others depending on the specifics of the company;
• Accounting for payroll expenses, social security contributions and taxes;
• Preparation of required documents and reports for inspections and audits for periods during which the firm was responsible for the accounting services;

HR and Payroll Services

• Preparation and maintenance of employee personnel files – employment contracts, amendments, termination orders, leave orders, declarations and all documents required by Bulgarian legislation;
• Preparation of payroll sheets, information for insured persons – Declaration 1, information on due social security contributions and taxes – Declaration 6, sick leave documents and submission to NRA;
• Preparation of civil contracts and management and control contracts;
• Registration of employment contracts – signing, amendments and termination in NRA;
• Issuing and validation of employee work books;
• Preparation of certificates, declarations and pension documents – UP1, UP2, UP3 and others;
• Submission of declarations under Art. 15 of the Health and Safety at Work Act;
• Consultations on all labor-law and administrative matters related to employees, including assistance in communication with state institutions and agencies.

Audit Services

• Independent financial audit of individual and consolidated financial statements (annual and interim), prepared under National Accounting Standards (NAS) and International Financial Reporting Standards (IFRS);
• Consulting services in the field of financial reporting;
• Transformation of financial statements;
• Audit of project reports financed under European Union programs;

Annual Accounting Closing

• Preparation of annual financial statements under NAS and IFRS with all required appendices;
• Preparation and electronic submission of the annual activity report to NSI and NRA;
• Preparation and electronic submission of the annual tax return to NRA;
• Submission of annual reports to their legal recipients – Commercial Register;
• Company registration and administration;
• Consultations and assistance in choosing the appropriate corporate form – sole trader, Ltd., partnership, etc.;
• Assistance in transactions with commercial enterprises and all types of transformations and restructuring (mergers, acquisitions, divisions, changes in legal form, etc.);
• VAT registration and deregistration;
• According to Bulgarian legislation, performing the necessary registrations in institutions such as NSSI, Labor Inspectorate, Commercial Register, Commission for Personal Data Protection and others;

Additional Services

• Preparation of payment documents to suppliers,
• Representation of the client before NRA, Banks and NSI
• Internal audits and inventory checks,
• Administrative services (company status documents and others related to company activity),
• Tax and social security audits (National Revenue Agency)
• Preparation of required documents when applying for a loan
• Representation and protection during audits and inspections