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Corporate tax returns
Filing corporate tax returns in Bulgaria is an essential part of running a business. All companies registered in Bulgaria, including foreign-owned businesses, are required to submit their annual tax returns to the National Revenue Agency (NRA).
The deadline for submission is June 30th each year, covering the financial year from January 1st to December 31st. Bulgaria offers a highly competitive corporate tax rate of just 10%, making it an attractive destination for business investment.
What Do You Need to Prepare
Start by gathering your company’s financial statements, including:
- Balance sheet
- Income statement
- Details of deductible expenses, such as business-related costs, salaries, and depreciation
- Any applicable tax reliefs
How to File Your Corporate Tax Return
The process is straightforward but requires attention to detail. Follow these steps:
- Access the Bulgarian National Revenue Agency’s online portal.
- Log in using your company’s qualified electronic signature (mandatory for submitting tax documents).
- Complete the corporate tax return – double-check all entries, especially income, expenses, and the final tax amount.
- Submit the return and pay any taxes due by June 30th.
Missing the deadline can result in penalties starting from 500 BGN (approximately €250), plus interest on any unpaid taxes.
Need Help
At ASB Accounting Services Bulgaria, we specialize in preparing and filing corporate tax returns, ensuring your business remains compliant while you focus on growth.
We assist with company setup, tax planning, and residency applications – so you stay compliant while saving on taxes. Contact us today!