Bookkeeping and Accounting

Our team ensures your tax obligations are accurate, timely, and fully aligned with Bulgarian regulations.

Book keeping and accounting

• Processing of primary and secondary accounting documents
• Preparation of financial statements
• Tax returns
• Annual financial statements

Employment and Payroll Tax Services

Accurate payroll and employment tax administration are vital for both compliance and employee trust. VPO offers employment and payroll tax services, including:

• Monthly payroll processing and salary calculation in accordance with Bulgarian labour and tax law;
• Calculation and declaration of personal income tax, social security, and health insurance contributions;
• Preparation and submission of statutory reports to the National Revenue Agency and the National Social Security Institute;
• Employment tax advice for local and expatriate employees;
• Assistance with work permits, residence certificates, and cross-border employee taxation;
• Representation during labor or tax audits related to payroll compliance.

Our team ensures your employment tax obligations are accurate, timely, and fully aligned with Bulgarian regulations.

Tax Consulting

• Tax optimization
• Representation during tax audits
• Tax planning for local and international companies

VAT

• VAT registration and deregistration with the Bulgarian National Revenue Agency;
• Assessment of your registration obligations under Bulgarian law;
• Calculation of VAT liabilities (payable and recoverable amounts);
• Preparation and submission of monthly VAT returns and VIES declarations;
• Audit and inspection support during National Revenue Agency checks;
• Monthly VAT payment administration and reconciliation;
• Specialized VAT advisory for domestic and international operations.

Corporate employement personal tax

VPO assists Bulgarian and international businesses with all aspects of corporate taxation, including:

• Corporate income tax (CIT) compliance and reporting in accordance with the Bulgarian Corporate Income Tax Act;
• Tax planning and structuring to optimise group and subsidiary performance;
• Tax due diligence and reviews during mergers, acquisitions, and reorganisations;
• Transfer pricing documentation and reporting in line with OECD and Bulgarian requirements;
• Withholding tax compliance for cross-border payments;
• Representation before the Bulgarian National Revenue Agency (NRA) during corporate tax audits and reviews.

The current corporate income tax rate in Bulgaria is 10%, one of the most competitive rates in the European Union.