Total Profit

About Total Profit

Total Profit is an accounting office in the Hadzhi Dimitar district of Sofia, open seven days a week, that serves small and medium Bulgarian companies and freelancers. Its team of about seven combines a chief accountant, junior accountants, a VAT specialist and a payroll expert, and is led by a managing director whose own focus is production, trade and export businesses. Published starting prices make the offer easy to compare: monthly bookkeeping, payroll per employee and help with setting up a new company are all quoted in euros. The site pays particular attention to online shops and to freelancers who invoice foreign platforms and customers, explaining the VAT questions that cross-border sales raise. New entrepreneurs receive guidance on choosing between EOOD, OOD and sole-trader status, and are then moved straight onto a bookkeeping subscription. Content is in Bulgarian only, and foreign-owned companies are not presented as a core audience.

Services

Monthly subscriptions cover document processing, VAT returns, periodic filings, annual accounts and corporate or personal tax returns, with payroll, contracts and notifications to the revenue agency handled by a dedicated team. Registration support includes picking the right legal form, preparing and coordinating filing documents and setting up bookkeeping afterwards. Further services include VAT registration and deregistration, help during inspections by tax and social-security bodies, and tax advice on specific transactions.

• ✓ 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: not listed
• ✕ Virtual office: not listed

Published prices

• Monthly accounting from EUR 125
• Payroll from EUR 7 per employee
• Company registration assistance from EUR 150

As published by the firm. Prices change; the firm's quote is what counts.