Energy Consulting

• Energy Consulting to achieve cost optimization for the company in business start-ups and / or restructuring of an existing one;
• Providing advice and assistance in drafting queries towards energy companies;
• Legal advice on the application of any binding documents forming part of the operating energy framework;
• Consultations when drawing up opinions and coordinating documents associated with the liberalisation of the market, licence and legal obligations based on the relevant national and European regulations;
• Consultation when drafting contracts with energy companies as counterparties.
• Participation in working groups or negotiations, in case an interest has been shown by a customer, linked to contractors energy companies;
• Consultation on procedures related to inspections performed by regulatory authorities and public institutions in the energy sector;
• Expert assistance when participating in activities and projects in the field of energy efficiency.

Outsourcing

• Outsourcing of salaries - management of activities related to the processing of salaries from the initial consultation for reporting the work done until the final payment of remuneration, including formal communication with the tax authorities for the submission of all required reports, statements and declarations;
• Assisting in planning, selection and recruitment of personnel as well as in developing strategies for remuneration, including labour costs analysis;
• Drawing up and maintaining all required, under the Bulgarian legislation, administrative documents related to recruitment, termination and change of employment relationship;
• Advice on employment law and administrative issues;
• Consultations to identify the development needs of the employees and drawing up plans and training programmes, as well as measuring the effectiveness of the activities performed;
• Consultations on remunerations, salaries, benefits and pensions paid to the personnel and all other relevant activities;
• Tax outsourcing.

Accounting Services

• Accounting service;
• Chronological accounting of all business operations in the enterprise and preparation of financial statements;
• Timely preparation and submission of all documents and tax returns in accordance with applicable accounting and tax legislation, incl. those related to Bulgarian Customs Agency;
• Preparation and submission of purchase journal, sales journal, VATA declarations and VIES declarations;
• Preparation and submission of documentation required under the statistics of intra-Community trade in goods - INTRASTAT;
• Preparation and submission of statistical forms to NSI;
• Reporting and notifications towards the Bulgarian National Bank;
• Preparing reports, references and statements in accordance with applicable accounting regulations;
• Annual closure of accounts, incl. preliminary closure plan and preparation of an annual tax return under CITA.

Accounting and Tax Consulting

• Accounting, tax review and advice regarding the proper application of Bulgarian and international accounting and tax legislation;
• Consulting in documenting and monitoring business operations according to the principles of VATA, CITA, EDTWA, LTCA and other legislative acts compared to the characteristics of the company's business;
• Opinions and advice on the implementation of national and international accounting standards; Consulting services in the field of accounting and internal audit; • Consultation aiming to improve the management and control systems as well as cost optimization of the company;
• Consultation when drawing up written questions towards institutions regarding specific problems and / or individual accounting and tax matters;
• Advice and protection during inspection and audits performed by the NRA or by other financial bodies;
• Consultations on concluding contracts for purchases/sales and assistance to reduce the tax burden and to improve the financial standing of the company;
• Assistance and planning associated with withholding tax at source.
• Consulting associated with possible reorganization of the company aiming to achieve better performance, both in legally and in regards to tax treatment after reorganization;
• Consultation on the appeal procedures of audit reports issued by the revenue administration;
• Legal protection associated with acts issued by the NRA for administrative violations, contravention notices and other administrative acts;
• Consultation in the course of international business transactions and related tax rebates as well as optimization in compliance with the applicable tax treaties;
• Assistance in preparing contracts in order to cover accounting and tax issues, incl. attending meetings;
• Tax advice related to a permanent establishment of a foreign person / Permanent establishment and related tax implications;
• Tax due diligence preparing.

Audit

• Independent financial audits and financial statements reviews;
• Drafting opinions on the proper application of national and international standards;
• Consultation on proper application of specific transactions under applicable accounting standards;
• Financial due diligence.

Our Team

Our team consists of professional qualified accountants, tax consultants and legal advisors.