Services

Accounting and tax services

• • Processing of accounting documents including:

  • processing of purchase and sales invoices, employee advance reports, bank transactions and petty cash operations;
  • calculations of one-time taxes, including withholding tax as per the requirements of the Bulgarian legislation.

  • Preparation and maintenance of the respective accounting registers, maintaining balance and coordination between them, interim and year-end accounting closing, application of individual chart of accounts;
  • Preparation and submission of monthly VAT declarations, VIES declarations, VAT sales and purchase registers as per the requirements of Value Add Tax Act (VAT Act).
  • Preparation and submission of registration and reporting forms to the Bulgarian National Bank;
  • Preparation and submission of Intrastate declarations, documents or data;
  • Preparation and submission of annual tax returns and statistical reports;
  • Preparation of annual financial reports under National Accounting Standards and under International Financial Reporting Standards (IFRS);
  • Preparation of periodical reports for management purposes.

• Performing the functions of Chief Accountant in respect of an existing internal finance and accounting department;
• Control and analysis of the recorded financial/accounting information;
• Assistance in the preparation of monthly reports;
• Assistance in the preparation of annual financial statements, annual tax return and annual report;
• Consultations and assistance in relation to optimization of the accounting process.
• Assistance in the preparation of annual financial statements, annual tax return and annual report;
• Consultations and assistance in relation to optimization of the accounting process.

Professional services related to payroll administration

• Preparation of payroll;
• Preparation of payment orders, including payment of salaries, social security and health insurance contributions, advance personal income taxes and other payment orders in accordance with the clients’ needs and requirements;
• Посредник при изплащане на възнаграждения - предоставяне на възможност за превод на възнаграждения и осигурителни вноски чрез специално разкрита банкова сметка, до която имат достъп само представители на Ди Ем Ес Консулт, с цел запазване на стриктна конфиденциалност и неангажиране на ръководството на клиента с подписване на платежни нареждания и спазване на крайни срокове;
• Preparation and submission of declarations for due and paid social security contributions, advance personal income tax in accordance with the labour legislation;
• Preparation and distribution of pay slips to each employee via email or in hard copy;
• Setting and calculation of the annual tax base and annual taxes for each individual employee hired under labour contract and preparation of all documents related to this;
• Registration/deregistration of labour contracts;
• Preparation of documents required for termination of a labour contract;
• Preparation of documents required for payment of compensations and submission of sick leave notes before the National Social Security Institute (NSSI);
• Preparation of employee’s income certificates;
• Preparation of specific reports for management purposes.

Other professional services

• Registration as per Value Add Tax Act;
• Assistance and participation in audits and inspections by the authorities of National Revenue Agency, National Social Security Institute and other state authorities, as well as preparation and submission of the required documents and reports.
• Съдействие при регистрация на чуждестранен работодател в България при възникване на задължения за социално осигуряване, включително при дистанционна работа или международни назначения, чрез регистрация като осигурител, подготовка и подаване на необходимите документи, комуникация с компетентните институции и съдействие при изпълнение на текущите осигурителни задължения.
• Консултации за стартиращ бизнес при избор на най-подходящата правно-организационна форма, съобразена със спецификата на дейността и дългосрочните цели на клиента
• Анализ и оценка на риска от "място на стопанска дейност" (permanent establishment) при трансгранични ситуации и консултации относно потенциалните данъчни последици.

Tax Consultations

Accurate and well-structured accounting, combined with timely tax and legal advice, is essential for the sustainable development of any business. Through collaboration with a network of carefully selected partners - specialists in domestic and international taxation, VAT, customs, personal income taxation, international mobility, and social security - we continuously enhance our expertise and the quality of our services.

In addition to corporate tax advisory, we provide dedicated support in the area of personal taxation and income management, including: • analysis of the tax treatment of various types of income; • assistance with the preparation of annual tax returns; • ensuring compliance with applicable legislation;

We also place particular focus on modern compensation structures and investments, including RSU planning and analysis. We advise on the tax implications at grant, vesting, and disposal stages of equity-based compensation and other financial instruments, helping clients manage their tax position efficiently and mitigate the risk of double taxation.

Cross-Border & Mobility Services

We provide advisory support in relation to employment arrangements with an international element, where compliance with both tax and social security rules of more than one jurisdiction is required. The service is designed for employers - including companies in the IT sector and organizations with remote teams - as well as individuals engaged in cross-border work.

Our services include advisory on the hiring and management of internationally mobile employees, such as:

• employment of foreign individuals in Bulgaria;
• Bulgarian employees working from abroad (remote work arrangements);
• analysis of tax implications arising from work performed across multiple jurisdictions;
• application of Double Tax Treaties (DTTs);
• assistance with obtaining Tax Residency Certificates;
• identification of situations where payroll obligations may arise in another jurisdiction (payroll triggers);
• determination of the applicable social security legislation under EU regulations;
• advisory on the issuanance of A1 certificates;
• assessment of risks related to cross-border employment structures;

We also provide advisory and practical support in relation to short- and long-term international assignments and the posting of workers, both within and outside the European Union, including:

• analysis of tax and social security obligations;

• identification of applicable employment law requirements in the host country;
• preparation of documentation related to employee postings;
• submission of posted workers notifications;
• structuring of employment arrangements;
• coordination between employer, employee, and relevant administrative requirements;

In addition, we support the implementation of flexible working models (remote and hybrid), including:

• development of internal remote work policies;
• assessment of tax and social security implications of remote work arrangements;

Employment Law and HR Consulting

We provide advisory support on the application of employment law and related administrative requirements. The service is aimed at employers and HR teams managing employment relationships in practice.

Our services include the preparation and review of employment-related documentation, such as:

• employment contracts;
• amendments and addenda;
• job descriptions;
• internal policies and procedures;

We also advise on all stages of the employment lifecycle, including:

• hiring of employees;
• changes to employment terms and conditions;
• changes to employment terms and conditions;
• application of labour law requirements and related regulations;

We focus on providing practical and actionable guidance to employers and HR teams, helping ensure compliance and reducing risks in workforce management.