Frequently Asked Questions (FAQ)
Find quick answers to key accounting and tax questions about doing business in Bulgaria.
When is VAT registration mandatory in Bulgaria?
Mandatory VAT registration applies when a company reaches a taxable turnover threshold of 51,130 € within 12 consecutive months, or when receiving/supplying cross-border services within the EU (Article 97a of Bulgarian VAT Act).
What is included in monthly accounting retainers?
Monthly retainers cover processing invoices and bank statements, ledger entry, monthly VAT returns, payroll & social security filings, quarterly reporting, and ongoing tax consulting.
Can accounting services be provided completely remotely?
Yes! STATUM provides 100% paperless remote accounting across Bulgaria. Documents are processed digitally via cloud platforms and email.
What is the corporate tax rate in Bulgaria?
Bulgaria offers one of the most competitive tax regimes in Europe, with a flat 10% Corporate Income Tax (CIT) rate and 5% Dividend Tax rate.
Have More Questions?
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