Annual Company Tax Report
File On Time!
Because the Bulgarian law still does not allow foreign nationals to own land, the majority of investors are purchasing their properties through a company registered in this country. However having a company is a serious issue and investors must accept seriously the requirements of the tax law, which is quite strict and conservative. During the recent years the tax authorities have become quite active and regular checks are performed with or without a reason. Even if your company is registered just to own a property and not actively trading, it is still subject to control and inspection by the local tax officers. Each company (including the dormant ones) is obliged to prepare an annual tax report for its business activities and submit it to the local tax office before 31st March each year. The fines for not submitting the annual tax declaration on time start from 500 Levs (approx. 250 Euros). For dormant companies (registered only to own a property), or companies without any activities we charge an annual fee which will cover the annual tax report and submission to the local tax office. If your company is operational the charge is paid monthly and is subject to additional negotiation, depending on the amount of work required. |
Where is Your Company Registered Address Receiving Important Mail?
Are you receiving important mail? When you registered your company did you use your previous Agents/Lawyers address? Are they still there?
If not you could be missing out on important information regarding your company and its liabilities, this includes fines!! At Bulgaria Legal we can host your company at our office address free of charge! And when we receive important mail for your company we will inform you asap!!
Contact us for further information on this service |
Company Re-Registration Have You Re-Registered?
If you own property or land in Bulgaria through a registered company, or indeed you own a trading company, the Bulgarian government now requires that you re-register the company by the end of 2010. Failure to re-register will result in the loss of the company and its assets (property, land etc.) and you will also incur a fine and will have to pay for the procedure to close the company. Contact Us For More Information |
About Our Law Firm
We are young, we are ambitious and we aim to make a difference. You want to succeed in your personal and business endeavors; ultimately your success is our reputation.
Our mission is to provide an exceptional client care service and establish long term relationships. The majority of our work has been gained through recommendation and repeated work relations with our clients. We combine business insight with legal excellence to address client issues before they become expensive legal problems.
Bulgaria Legal |