Planning all corporate taxes: income tax, VAT, withholding tax, dividends tax and considering the tax impact on your business, should play a significant role in every financial step your company in Bulgaria undertakes. As you would expect, Sb Accounting & Consulting offers a comprehensive consultation on the entire set of taxes in Bulgaria – business taxes, taxes for non-residents, taxes on self-employment and inheritance. We are solidly experienced in the Bulgarian tax regulations and laws and would be able to provide you with any tax information related to tax rates in Bulgaria, due dates for taxes, tax planning and compliance tax services. Even further, we will be your trusted advisor who will help you to minimise your tax exposure and eventually improve your bottom line.
Our tax expertise includes services for residents and non-residents in:
- tax planning and assessing of residents’ current corporate tax, income tax due date as well as annual tax assessment in connection with the year-end closure of accounts and annual income tax return ;
- assistance to residents for tax on self employment, social security tax brackets, due date for income tax and annual tax return for self employed individuals;
- consultations on Bulgarian VAT tax Act, the applicable VAT in Bulgaria, VAT registration and preparation of monthly VAT tax returns;
- representation before the national institutions for taxes of non-residents for withholding taxes and taxes on dividends, submission of non-resident tax returns, income tax on foreign income, payment of tax on income from shares and income tax on dividends;
- estate planning, property tax services, inheritance tax and inheritance tax rates, advices about withholding tax, taxes withheld from Bulgaria, withholding treaty and corporations tax ;
Even if you consider that your business is not currently in need for tax advice, you can seek for tax information as at the moment Bulgarian tax system almost apply tax free levying of income for residents and non residents. Bulgaria offers an excellent income tax system with the lowest within EU tax rates – 10% tax rate for corporate tax and withholding tax rate for non residents, 5% rate of tax on dividends and tax on income from shares and 20% VAT rate in Bulgaria.
Our accounting tax services at Sb Accounting & Consulting are designed to encompass the entire tax system in Bulgaria. We emphasize on your specific tax needs and look for plain and working solutions. We would advise you on income tax in Bulgaria, Bulgarian VAT, Inheritance tax level and taxes due dates, withholding tax in Bulgaria, dividends and shares income and returns submission.
We constantly keep abreast of developments and changing of the Bulgarian Tax Legislation, so that we timely inform and show you the most profitable and secure way ahead. We listen to you, assess your tax needs and provide you with fresh ideas for mitigating your company’s tax liabilities in Bulgaria.