Nitem

About Nitem

Based in Sofia, Nitem grew out of a business group that has built and financed hydro and photovoltaic power plants, and its accounting and legal practice serves both Bulgarian and international companies. The website is available in English, Bulgarian and Spanish, and the firm lists memberships in the German-Bulgarian chamber, an Austrian business circle, the Bulgarian-Spanish chamber and the INPACT accounting network. Beyond bookkeeping and tax work, it advises on incorporating companies in Bulgaria, project and bank financing, due diligence, EU-funded project preparation and management training seminars, and it runs a not-for-profit start-up incubator. Clients named include manufacturers, energy-equipment makers, trading and investment companies. The setup guide for newcomers explains legal forms, capital rules, registered-address requirements and VAT timing. No team size, founding year or published fees appear on the pages read, which mix consulting, investment and accounting activity.

Services

Company incorporation advice and document preparation for limited liability companies, joint-stock companies and partnerships, with subsequent register changes, employment and management contracts and lease paperwork. Bookkeeping under national and international standards, VAT returns, annual financial statements, management reporting, payroll, tax planning, representation before the revenue agency and international tax consulting. Financial due diligence, business planning, alternative financing, EU project preparation, accounting and law seminars and incubator support.

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