Welcome to ASB Accounting Services Bulgaria – your trusted partner for accounting, tax, and business services in Bulgaria!
How to use a Bulgarian Company with Platforms like like Stripe, PayPal, or others
👋 Thinking about using your Bulgarian company with platforms like Stripe, PayPal
Here’s what you must know before getting started!
💼 1. Register Your Bulgarian Company
Make sure your company is officially registered and has the following:
- UIC (company number)
- Company bank account
- Registered address
- VAT number (optional but recommended for online businesses)
🏦 2. Open a Business Bank Account
You’ll need a business account in a Bulgarian or EU bank.
You can also use fintech options like:
- Wise Business
- Revolut Business
- Payoneer or others
These work great for receiving international payments.
💳 3. Set Up Stripe – And Read This Carefully
✅ Stripe supports Bulgarian companies officially.
To get started:
- Sign up on stripe.com
- Set your country to Bulgaria
- Add company details and IBAN
- Link your website
⚠️ Important Accounting Rule:
In Bulgaria, Stripe is treated like a bank account. This means:
- You need to track each individual Stripe transaction, not just the transfers from Stripe to your account.
- Ensure that you record all fees, refunds, and payouts accurately in your accounting books.
We often see business owners missing this and running into tax issues. Don’t let that be you!
💸 4. Connect PayPal
Create a Business PayPal account using your Bulgarian company details.
- Add your company name, UIC, and Bulgarian address
- Link a bank account or card
PayPal works fine, but may have limited features in some cases compared to other countries. - Same accounting rule apply here. Each transaction must be accented, not only the payouts
🛍 5. Other Platforms
You can also use your company with:
- Shopify
- Amazon
- Etsy
- Gumroad
- Paddle
Just use your Bulgarian company details when registering and stay compliant with taxes and invoicing.
📊 6. Don’t Forget Accounting & Taxes
Every platform – whether Stripe, PayPal, or others – must be fully accounted for. We’ll help you with:
- Bookkeeping
- Invoicing
- Tax filings
- VAT returns
- Stripe & PayPal reconciliation
💡 Need Help?
We make it easy for you to run your business from Bulgaria – stress-free and 100% compliant. Contact ASB Accounting Services Bulgaria today!
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