We offer flexible services, adaptable to business scale, industry specifics and scope of commercial activities, for the purpose to addressing your specific needs. Our clients require well-thought plans and strategies that address their specific and unique business circumstances. Therefore, we generate case-by-case tailored solutions.
Setting-up your enterprise in Bulgaria, as opposed to most other EU member-states, will allow you to optimize your business’ cost structure and benefit from the more favorable tax regime. In relation to tax services, ARP Management offer:
- Tax return filing;
- Representation in tax audits;
- Reports on specific tax issues;
- Tax optimization advice;
- Tax application in complex cases and transactions
Some key aspects of the tax regime in Bulgaria include:
- Corporate Tax – 10% on the annual net income
- Dividend tax – 5%
- Dividends payable to EU/EEA member state entity – exempt from withholding tax
- 10% withholding tax on interest paid to non-residents, unless tax treaty exemptions
- VAT – 20%
- Exports and intra-community (EU) supplies – 0% VAT
- VAT on tourism services – 9%
- Personal Income Tax – 10%
- National insurance contributions gross income base: up to 1,530 EUR per month
ARP management offer Bookkeeping and Accounting solutions, which enhance process management, apply best-practice approach and ensure complete regulatory compliance. We provide you with the comfort you need to stay focused on your main business activities.
We offer transaction bookkeeping, period-close accounting procedures and adjustments, dynamic payroll and HR services, financial statements preparation and filing, preparation and registration of employment contracts, employment records maintenance, administrative forms and declarations filing (as required), as well as all other administrative and regulatory aspects of running a business in Bulgaria, thus ensuring compliance.
From bookkeeping and accounting to tax advisory and payroll services – our prices and tailored service-packages are very competitive.