Bulgarian.LLC – Your trusted partner for company formation, business and legal services in Bulgaria. We build solid foundations for your success!

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Braca Miladinovi 1, 2700 Blagoevgrad, Bulgaria

Bookkeeping Bulgaria

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Bulgarian.LLC Accounting Support

Bookkeeping in Bulgaria for Foreign-Owned Companies

Monthly bookkeeping, VAT reporting, OSS support, payroll coordination and annual compliance for EOOD, OOD and international businesses operating through Bulgaria.

EOOD / OOD accountingVAT and VIESOSS for EU e-commerceAnnual financial statementsEnglish communication

Bookkeeping Bulgaria

Company registration is only the beginning. Proper accounting keeps the company clean.

Bulgaria is attractive for international founders because of its EU access, simple company structures and competitive tax environment. But after the company is registered, the real work starts: invoices must be collected, bank transactions must be explained, VAT deadlines must be respected, annual reports must be filed and the company must remain clear for banks, tax authorities and business partners.

01

For foreign owners

We support foreign-owned Bulgarian companies where the owner, director or shareholders are not physically based in Bulgaria and need clear communication in English.

02

For active companies

We help companies with monthly invoices, supplier costs, bank payments, online platforms, VAT, payroll, EU transactions and annual compliance.

03

For cleanup cases

If your previous accountant failed to file reports, ignored VAT obligations or did not organize documents properly, we can review the situation and prepare a cleanup plan.

What is included

Monthly bookkeeping and accounting services in Bulgaria

Our bookkeeping support is designed for Bulgarian EOOD and OOD companies that need practical, structured and reliable accounting coordination. The exact scope depends on your activity, VAT status, document volume and whether the company has employees or cross-border transactions.

Service What it covers Why it matters
Monthly bookkeeping Recording issued invoices, supplier invoices, bank payments, expenses and accounting documents. Creates a clean accounting base for tax filing, bank checks and annual reporting.
Document control Review of invoices, contracts, payment references and missing documents. Prevents problems with unclear expenses, unsupported payments and rejected tax deductions.
VAT reporting Monthly VAT return, purchase ledger, sales ledger and VAT payment coordination for VAT-registered companies. VAT returns in Bulgaria must be filed correctly and on time, even when there is no activity.
VIES reporting Reporting of certain EU cross-border supplies when applicable. Important for companies selling services or goods to VAT-registered EU customers.
OSS support Support for EU One Stop Shop reporting for B2C distance sales and eligible cross-border supplies. Useful for e-commerce companies selling to consumers in different EU countries from Bulgaria.
Payroll coordination Director salary, employee payroll, social security and tax coordination where applicable. Helps the company stay compliant when it has a manager, staff or local employment obligations.
Annual compliance Annual financial statements, corporate tax return, NSI reporting and Commercial Register publication support. Keeps the company legally active, transparent and ready for future banking or investor checks.
Accounting cleanup Review and correction planning for previous periods, missing reports, inactive company filings or bad bookkeeping. Important before VAT registration, bank review, ownership change or sale of the company.
Final service scope depends on your company activity. A dormant company, a consulting company, an e-commerce store and an import/export business do not require the same accounting workflow.

Who this service is for

Bookkeeping support for real business situations

Many foreign founders do not need only a bookkeeper. They need someone who understands how Bulgarian accounting connects with banks, VAT, company formation, online platforms, cross-border sales and practical business operations.

A

Consultants

For service companies issuing monthly invoices to EU or non-EU clients.

B

E-commerce

For Shopify, WooCommerce, Stripe, PayPal, Wise, Revolut and marketplace activity.

C

Import / export

For companies handling customs documents, supplier invoices, logistics and EU movement of goods.

D

Holding structures

For companies used for investment, ownership, consulting, dividends or group structures.

Monthly packages

Bookkeeping Bulgaria pricing

Pricing depends on monthly document volume, VAT status, payroll, number of bank accounts, currencies, payment processors, e-commerce platforms, OSS reporting and whether previous accounting cleanup is required.

Package Best for Typical scope Starting price
Basic Bookkeeping Low-activity or dormant EOOD/OOD company Basic monthly document handling, limited transactions, annual compliance coordination from €150/month
Standard Accounting Active service company with regular invoices and bank activity Monthly bookkeeping, document review, bank transaction matching and tax coordination from €200/month
VAT Company Accounting VAT-registered company with EU or local taxable activity Monthly VAT return, purchase and sales ledgers, VIES when applicable, accounting review from €250/month
OSS / E-commerce Accounting Online stores selling B2C across the EU Platform exports, EU B2C sales review, OSS coordination, payment processor reconciliation custom quote
Accounting Cleanup Companies with missing filings or previous accountant problems Review of previous periods, missing reports, VAT risk, annual closing and correction plan case-based
The prices above are starting points for simple cases. Companies with payroll, high transaction volume, multiple currencies, e-commerce integrations, import/export or previous-year cleanup require an individual review.

VAT, VIES and OSS

Accounting support for VAT-registered and EU e-commerce companies

VAT accounting in Bulgaria requires more control than ordinary bookkeeping. A VAT-registered company must track issued invoices, received invoices, EU supplies, intra-community acquisitions, reverse charge transactions, VIES reports and monthly VAT declarations. For e-commerce and B2C sales across the EU, OSS may also become relevant.

VAT

VAT accounting in Bulgaria

We coordinate monthly VAT reporting for VAT-registered Bulgarian companies, including purchase and sales ledgers, VAT return preparation and document control.

  • Monthly VAT return
  • Purchase and sales ledgers
  • Input VAT document review
  • Reverse charge checks
EU

VIES reporting

If your Bulgarian company provides certain goods or services to EU VAT-registered clients, VIES reporting may be required. Correct client VAT numbers, invoice data and transaction classification are important.

  • EU client VAT number checks
  • Cross-border invoice review
  • VIES declaration coordination
  • EU transaction classification
OSS

OSS system for EU e-commerce

The One Stop Shop system can simplify VAT reporting for eligible B2C distance sales across EU countries. Instead of registering for VAT in multiple EU Member States, qualifying businesses may report certain EU consumer sales through OSS.

  • EU B2C distance sales review
  • OSS threshold and country sales tracking
  • Quarterly OSS reporting coordination
  • Shopify, WooCommerce and marketplace exports
OSS is especially important for Bulgarian companies selling goods or eligible digital/TBE services to consumers in other EU countries. It does not replace all VAT obligations and it does not apply to every transaction. B2B sales, imports, local VAT rules and platform-specific flows must be reviewed separately.

E-commerce and platforms

Bookkeeping for Shopify, WooCommerce, Stripe, PayPal, Wise and Revolut

Online businesses usually create more accounting complexity than classic consulting companies. Sales are split across platforms, payment processors, refunds, fees, currencies, marketplaces, EU countries and sometimes warehouses. This is why e-commerce bookkeeping must be organized from the beginning.

What must be tracked

  • Gross sales and payment processor fees
  • Refunds, chargebacks and cancelled orders
  • Stripe, PayPal, Wise, Revolut and bank settlements
  • Shopify, WooCommerce, Amazon or marketplace exports
  • Sales by customer country for OSS and VAT analysis
  • Supplier invoices, import documents and logistics costs
  • Inventory movement where applicable

Why e-commerce accounting fails

  • The accountant receives only bank statements, not platform exports
  • Payment processor fees are not separated correctly
  • EU B2C sales are not monitored by country
  • OSS is ignored until the business grows
  • Refunds and chargebacks are not matched to sales
  • Import VAT, customs and supplier invoices are not connected
  • Multi-currency income is not reconciled properly

Annual compliance

Annual financial statements, corporate tax return and reporting

Every Bulgarian company must think beyond monthly bookkeeping. At the end of the year, the accounting records must support the annual financial statements, corporate tax return, statistical reporting and Commercial Register publication where applicable.

Y1

Annual financial statements

Preparation and coordination of annual financial statements based on the company’s accounting records and activity during the year.

Y2

Corporate tax return

Annual corporate tax reporting based on taxable profit, accounting result and required tax adjustments.

Y3

NSI and Commercial Register

Coordination of statistical reporting and publication obligations for companies that must submit annual reports.

Bulgaria’s standard corporate income tax rate is 10%, but the taxable result depends on proper accounting, supporting documents and tax adjustments. The low tax rate is useful only when the company’s accounting position is clean.

Accounting cleanup

Already have a Bulgarian company but the accounting is not clear?

Many foreign owners discover accounting problems only when they need VAT registration, bank review, company transfer, annual closing, investor due diligence or a new accountant. In these cases, the first step is not a standard monthly package. The first step is a review.

Common cleanup situations

  • No monthly declarations were filed
  • Annual financial statements were not published
  • VAT registration was cancelled or ignored
  • Previous accountant stopped responding
  • Bank transactions were never explained
  • Invoices and expenses are missing
  • Company needs reactivation before business can continue

How we handle cleanup

  • Review company status and available accounting documents
  • Check VAT, annual reporting and tax exposure
  • Identify missing bank statements, invoices and declarations
  • Prepare a correction or completion plan
  • Coordinate with accountant and legal support where needed
  • Move the company into a stable monthly workflow

What we need from you

Documents needed to start bookkeeping

To organize accounting correctly, we need more than just the company number. The accountant must understand your business activity, bank flows, invoices, platforms and VAT position.

Company documents

  • Company name and UIC number
  • Articles of association
  • Manager and shareholder details
  • Registered address information
  • VAT registration status if applicable

Accounting documents

  • Issued invoices
  • Supplier invoices
  • Contracts where relevant
  • Bank statements
  • Cash or card expense documents

Online platform data

  • Stripe, PayPal, Wise or Revolut exports
  • Shopify or WooCommerce reports
  • Marketplace sales reports
  • Refund and chargeback records
  • Country-level EU B2C sales reports for OSS review

Our process

How we organize bookkeeping for your Bulgarian company

The goal is simple: create a stable monthly workflow so your company does not depend on last-minute documents, unclear transactions or emergency reporting.

Initial review

We review your company type, activity, VAT status, bank accounts, platforms and previous accounting situation.

Document setup

We define which documents you must send monthly and how they should be exported or delivered.

Accounting workflow

The accountant records invoices, expenses, payments and prepares monthly reports or VAT filings where applicable.

VAT / OSS control

For VAT and e-commerce companies, we review VAT, VIES, OSS and EU transaction logic before reporting.

Annual closing

At year-end, accounting records support annual financial statements, corporate tax return and reporting obligations.

Ongoing support

We keep communication practical, structured and focused on what the company needs to remain compliant.

Why Bulgarian.LLC

Accounting support connected with real company operations

Bulgarian.LLC works with foreign founders who use Bulgaria for company formation, EU market access, VAT, banking and operational setup. Our bookkeeping service is designed for people who need practical coordination, not generic accounting replies.

EU Business setup and compliance environment
EOOD / OOD Support for Bulgarian limited liability companies
VAT / OSS Practical support for cross-border business models

Foreign-owner focus

We understand the practical problems of non-resident owners: language, documents, bank questions, KYC, VAT status, powers of attorney and communication with local professionals.

Formation to accounting

If we helped you register the company, we can also help you organize the accounting workflow after incorporation. This avoids the common gap between registration and real operations.

Business model review

We do not treat all companies the same. A consulting company, an e-commerce store, an import business and a holding company need different accounting logic.

Related services

Build the full Bulgarian company setup around accounting

Bookkeeping is part of a wider compliance structure. If your company is newly registered or you are moving business activity to Bulgaria, you may also need company formation, VAT registration, virtual office, bank account assistance or business consulting.

Company Formation in Bulgaria

Register an EOOD or OOD company with practical support for foreign founders.

VAT Registration Bulgaria

Support for VAT registration, VAT status review and VAT compliance planning.

Corporate Tax Rules

Understand the 10% corporate tax system and annual compliance obligations.

Virtual Office Bulgaria

Registered address support for Bulgarian companies with foreign owners.

Business Consulting

Practical business review before starting operations, VAT, import/export or e-commerce.

Schedule a Consultation

Send us your company details and we will review the correct next step.

Need bookkeeping for your Bulgarian company?

Whether your company is newly registered, already active, VAT-registered, selling across the EU or needs accounting cleanup, Bulgarian.LLC can help you organize the correct monthly accounting support.

FAQ

Bookkeeping Bulgaria FAQ

Do Bulgarian companies need bookkeeping every month?

In practice, yes. Even if the company has low activity, documents, bank transactions and tax obligations should be controlled regularly. VAT-registered companies require special monthly attention because VAT returns are filed monthly.

How much does bookkeeping cost in Bulgaria?

Simple low-activity companies may start from around €150 per month. Active companies usually start from €200 per month, while VAT-registered or e-commerce companies require a higher or custom quote depending on document volume and complexity.

Do I need accounting if my Bulgarian company has no activity?

Yes, a company with no activity may still have declaration or annual reporting obligations. The exact requirements depend on company status, VAT status and previous filings.

What is included in monthly bookkeeping in Bulgaria?

Monthly bookkeeping usually includes recording invoices, expenses, bank transactions, document review and accounting coordination. VAT, VIES, payroll, OSS and annual closing may be included depending on the package.

Do VAT-registered companies in Bulgaria file monthly VAT returns?

Yes. VAT-registered companies in Bulgaria generally file monthly VAT returns electronically, together with purchase and sales ledgers. VAT reporting must be handled carefully even when there is no activity for the period.

What is OSS and when does it matter?

OSS means One Stop Shop. It is an EU VAT simplification system for certain cross-border B2C supplies, especially distance sales of goods and eligible services to consumers in other EU countries. It is especially relevant for e-commerce companies selling from Bulgaria to EU consumers.

Does OSS replace normal Bulgarian VAT accounting?

No. OSS does not replace normal Bulgarian accounting or domestic VAT obligations. It is a special reporting mechanism for eligible transactions. B2B sales, imports, local supplies and other VAT rules must still be reviewed separately.

Can you help with previous-year accounting cleanup?

Yes. We can review missing reports, previous accountant issues, VAT problems, bank transactions, annual closing and missing documents. Cleanup is quoted separately after reviewing the company status.

Can you work with Stripe, PayPal, Wise, Revolut, Shopify and WooCommerce?

Yes, but these platforms require proper exports and reconciliation. For e-commerce accounting, we usually need sales reports, payment processor reports, refunds, fees and country-level sales data.

Is payroll included in bookkeeping?

Payroll can be coordinated as part of the accounting package, but it depends on the number of employees, director salary setup, employment contracts and social security obligations.

Can I communicate in English?

Yes. Bulgarian.LLC is designed for foreign founders and international companies that need practical communication in English.

This page provides general business and accounting information. It is not a substitute for individual tax, legal or accounting advice. For a precise answer, your company documents, VAT status, activity and previous accounting records must be reviewed.
Strategic next step

Accounting Services in Bulgaria

If this page is relevant to your case, the next step is usually deciding whether you need simple compliance support or a broader structure review.

Primary route
Commercial route for bookkeeping, VAT, payroll and annual reporting, with transparent monthly pricing.
This usually applies to
Useful where the article is part of a larger decision, not just a one-off question.
Need a tailored review?
Where the facts are specific, the cleaner move is usually a case review instead of trying to infer the structure from general content.
Next practical move
Strategic route for structuring, feasibility, and cross-border decision-making.

You may also need

Legal Representation
Best fit where the case needs attorney coordination, filings, disputes, or formal legal work.
Accounting Obligations in Bulgaria
Practical guide to bookkeeping, filing, and accounting compliance in Bulgaria.
Business Consulting
Strategic route for structuring, feasibility, and cross-border decision-making.
Book a Consultation
Phone / WhatsApp: +359 897 077 220
What you receive: clear answers • realistic timelines • risk notes • action plan • written direction where needed
Note: For legal representation and filings, cooperation with licensed Bulgarian attorneys may be required depending on the case.
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