BulgarTurk

About BulgarTurk

BulgarTurk is a Sofia consultancy that describes its role as managing legal, accounting and financial processes from a single centre for entrepreneurs and companies who want to operate in Bulgaria. Its website is written for foreign investors planning an entry into the European market, and it is offered in English and Turkish. The firm cites more than ten years of experience in the Bulgarian business environment and a portfolio of over one hundred and twenty client businesses. It covers the entire sequence from forming the company and opening a bank account, through tax and VAT registration, to monthly bookkeeping, payroll, annual accounts and financial planning, and positions itself as an integrated partner instead of an outside adviser. Pages on the site stress that company set-up in Bulgaria is quick, that a corporate tax of ten percent and a dividend tax of five percent apply, and that centralised handling avoids coordination problems between separate providers.

Services

Company formation support covers official procedures with institutions, accounting and financial structuring, legal compliance advice, bank account opening, and tax and VAT registration. Corporate accounting includes certified-accountant reports, VAT and tax declarations, payroll and social-security procedures, annual balance sheets and financial audit. Additional offers are cash-flow planning, budgeting and financial structure advice, commercial and partnership contracts, activity changes with the authorities, and business development support.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✓ Bank account assistance: offered
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed